Word: maker
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...Just ask Kraft. The world's second-largest foodmaker revealed on Monday, Sept. 7, that it had launched a $16.7 billion bid for British confectioner Cadbury, a bold effort to create "a global powerhouse in snacks" worth $50 billion a year in revenues. Cadbury rejected the offer, but Kraft, maker of Oreo cookies and Kool-Aid, showed its sweet tooth. The firm is "committed to working toward a transaction," it said in a statement, "and to maintaining a constructive dialogue...
...Cadbury can't be that surprised by Kraft's interest. Ever since U.S. chocolate giant Mars picked up chewing-gum maker Wrigley for $23 billion in 2008 - overtaking Cadbury to become the world's biggest confectioner in the bargain - analysts have held up the British firm as a compelling target for a firm like Kraft. Cadbury boasts around a quarter of the world's fast-growing gum market, a sector Kraft has missed out on. Its muscle in the U.K., Latin America and key emerging markets like India would also complement Kraft's strengths in the U.S. and Europe...
...will be up to Unicom to harness that. "Unicom has never missed an opportunity to miss an opportunity," says Clark. "But this might be the time they transcend that." The agreement with China Unicom is not exclusive and offers no revenue-sharing for Apple, meaning the U.S. computer maker could seek other options. "I think Apple is still considering other channels beside China Unicom," says Zhang. "I've heard they are talking with retail stores." (Read about ways to create iPhone apps on the cheap...
...killed General Zia ul-Haq, was a finalist for the Guardian first-book award. And Daniyal Mueenuddin's superb In Other Rooms, Other Wonders, a sage, Chekhovian collection of tales set in rural Punjab, has been wowing critics since publication in February. Ali Sethi's hefty novel The Wish Maker, set mostly in Lahore during the 1990s and early 2000s, is also certain to keep the critics talking...
...corner of the windowsill with its legs curled up. It had wandered in past the mesh and never found its way out." It's a muted metaphor not just for Zaki but for Pakistan as a whole. It's this kind of nuanced detail in The Wish Maker, moreover, that leaves you wishing for much more from Sethi, whose buzzing talent is unmistakable...