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Monday, June 25, 2018

Xiaomi plans $6bn IPO


Xiaomi plans $6bn IPO

SEOUL: Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon.
The initial public offering in Hong Kong would value the Beijing-based company at as much as $70.3 billion, according to details released Saturday.

Israeli Airstrike in Gaza Claims Lives of Three Sons of Hamas Political Leader Ismail Haniyeh

Three Sons of Hamas Leader Killed in Israeli Airstrike Overview Three sons of Hamas’ most senior political leader, Ismail Haniyeh , were kil...