Albay and Tekkady are World’s top emerging destinations

Thekkady, in Kerala, located on the banks of river Periyar, famous for its herds of wild elephants, has been named the “world’s top emerging destination” in the inaugural Pacific Asia Travel Association (PATA) CEO Challenge 2015. Albay province in Phillippines located in Bicol region in southeastern Luzon Island. Thekkady, located in Idukki district, shared the…

Turning Big Ben back one hour takes Five Hours

Steve Jaggs is a name to be reckoned with as he is the man in charge of putting the hands of the clock which powers the Palace of Westminster back. The great bell has to be locked to stop it ringing, and the hands have to be stopped and then re-started at the new midnight,…

Wikipedia wins the award for ‘International cooperation’

King Felipe VI of Spain awarded online encyclopedia Wikipedia, a non-profit organization, the country’s Princes of Asturias award for international cooperation, at the northern city of the Campoamor Theatre in Oviedo on Friday 23rd October 2015, hailing it a “universal symbol of teamwork”.   Jimmy Wales US entrepreneur who founded Wikipedia in 2001, received the award…

Blame the wrong policies not the Euro for the financial crisis

Martin Sandbu’s Europe’s Orphan makes you think again, an indepth analysis of the Eurozone crisis as he argues that the system is right plagued with wrong policies. Sandbu traces European Monetary Union back to the desire for greater European unity after the Second World War, and the euro’s creation coincided with a credit bubble that…

Hurricane Patricia gaining strength and hits Mexico

Mexico’s Pacific coast is expecting one of the strongest hurricanes ever recorded after the third lowest barometer reading ever recorded pressure of 880millibars at the centre of the storm and began evacuating 400,000 vulnerable residents ahead of the arrival of Hurricane Patricia. The Category five hurricane is expected to make landfall with winds of  190…

Hamleys being sold for £100million to Hong Kong footwear retailer

C.Banner International – a Hong Kong based retailer of women’s footware is reported to be offering £100million for buying Hamleys, the iconic British toy shop which celebrates its 255th birthday. Hamleys, known for its seven storey toy store where Father Christmas  will greet children and fulfil their dreams. Hamlets have expanded and opened in Moscow,…

Western Digital to buy ScanDisk for £12.35billion

In a low interest rate environment, where growth is harder consolidation is the only way. Three multi-billion-dollar acquisitions totalling  £22.1 billion $34 billion, including Western Digital acquiring  flash memory maker ScanDisk for £12.35 bn $19 bn, semiconductor maker Lam Research buying rival KLA-Tencor Corporation for £6.92 bn $10.65 bn and IT management software group SolarWinds…