Vimeo
LinkedIn
Instagram
Share |

smartphones

January 16, 2015

Li Ka-shing restructures business empire, shares soar; Samsung crushes rumours of $7.5 billion Blackberry bid

Li Ka-shing restructures business empire, shares soar

Share prices at Hong Kong-based conglomerate Hutchinson Whampoa and property giant Cheung Kong Holdings rose dramatically on Monday following reports of a multi-billion dollar corporate restructure by owner Li Ka-Shing.

As a result, Cheung Kong's shares were up in Hong Kong as much as 14% in afternoon trading on Monday, while Hutchison Whampoa's shares surged more than 12%. 

September 10, 2013

So, farewell then, Nokia. Well, not quite. But the absorption of the Finnish mobile phone giant by Microsoft was a big moment in the story of its decline. It is probably a matter of time before the name is history. 

So, farewell then, Nokia. Well, not quite. But the absorption of the Finnish mobile phone giant by Microsoft was a big moment in the story of its decline. It is probably a matter of time before the name is history.

Apparently there was a lot of hand-wringing and soul-searching in Finland about the deal, but the writing has evidently been on the wall ever since the infamous “burning platform” email by its CEO Stephen Elop, the former Microsoft man who will now go back to his old employer, taking Nokia with him.

Click here >>
Close