International credit rating agency Moody has downgraded Brazil’s ratings on Tuesday 11th August 2015, from Baa2 to Baa3, but improved country’s outlook from negative to stable. In less than a year Rio de Janeiro will become the first South American city to host Olympics games. Brazil is the largest country in South America in area…
The first monorail in Sao Paulo, Brazil, the Linha-15 Parata ( Silver-15 line) opens commercially to public today after several delays and a year of testing, connecting Ipiranga and Cidade Tiradendis will open part of final stretch. The Eastern Express monorail consortium led by Bombardier Transportation has delivered its game-changing fully automated £1.04billion, $1.6bn INNOVIA Monorail 300 system…
Hamilton already has greats including The Obamas and Paul McCartney going ga ga over how good it is, and now Cameron Mackintosh is bringing it from Broadway to London with advance ticket sales of £25m known to have been generated in the USA. A host of other glitterati in America have previewed Hamilton and so there…
Sixty-three-old Jasminder Singh head of Radisson Blu Edwardian hotels group successfully defended his 87-year-old father Bal Mohinder Singh’s claim that under Sikh tradition he was entitled to a third of the family wealth. Although, both Father and son live in the same seven-bedroom country house Tetworth Hall near Ascot racecourse in Berkshire with their families.…
The forest department’s vigilance probe team at Athirapally Kerala, India, have obtained proof to establish that two elephants were poached, targeted for their tusks by ivory-seeking poachers. The probe team identified the carcass of two elephants on the Karimbani-Athirapally Range. Till now, 8 elephants were poached for their tusks. The main accused in the elephant poaching…
China carried out the biggest devaluation of the renminbi in two decades to boost its slowing economy signalling an escalation of international currency battle. Shocking markets and risking a clash with US. China’s central bank has devalued the Yuan to 4 year low and the lowest rate against the US Dollar, resulting in the Chinese…