Atlasglobal, a Turkish Airbus A320, flown by Ukranian captain Alexander Akopov was en route from Istanbul to Erkan, Cyprus, with 127 tourists on board, when it encountered severe violent storms and giant hailstones which smashed the windscreen, but the pilot kept his nerve and landed safely last week. Soon after take-off at 1,300 metres above…
Nigel Halleck, son of a Coventry-based lawyer, after serving over a decade as a clerk in the East India Company, he went turned his back on the imperial project, in 1840s India. His descendant Kief Hillsbery arms himself to find some answers. His grandmother’s tale of a long-lost cousin that sparked his interest around Patagonia.…
India to have 1bn broadband subscribers by 2022 and the internet penetration, under the first phase of the project several villages are to be connected by optical fibre cable. There are 422.19 million broadband subscribers at present. However according to Telecom Regulatory Authority of India (TRAI) chairman RS Sharma, “Low broad penetration in India will…
Jamie Dimon and Lloyd Blankfein, the men running two of Wall Street’s biggest banks saw the value of their shareholdings rise by a combined £242m ($314m) in 2016, as stock market prices rocketed in the aftermath of Donald Trump’ s election victory as US president. The value of their stock and options in JP Morgan…
Shelves of BingoBox outlet in Shanghai are lined with instant noodles, beer and bags of duck neck without any staff. As China’s labour costs are rising and higher than Latin America, the manufacturers are employing robots to production lines and retail China is being more automated. Chen Zilin, BingoBox’s founder, who plans to launch over…
AlphaBay, the encrypted site of the dark net market place selling everything from stolen identities to heroin, which operates through the Tor network and dispatches contraband through the post, had gone down unexpectedly, locking it 200, 000 users from their account which collectedly led to millions of pounds worth of crypto currencies. Many voices fears…
Over £1bn ($1.3bn) has been raised this year till now by start-up tech companies primarily by “initial coin offerings” the blockchain community’s version of crowd funding. World’s four biggest professional services firms are expanding their interest in the blockchain sector, and venturing into ICOs, the process by which public blockchain technologies can be leveraged to…
China’s central bank said it is investigation market manipulation, money laundering and unauthorised financing. Chinese exchanges trading in currency have seen the price of Bitcoin fall more than 18%. Beijing is trying to crack down on money flowing out of the country illegally, as yuan’s weakening has prompted several people in China to try to…
The Wisdom Of Finance gives a new perspective on one of the world’s most misunderstood professions. Is there really wisdom in finance? Non-finance might argue that financiers are a greedy and reckless bunch of selfish and wealthy people who are reckless and lawless. Mihir Desai, an asset manager who teaches at Harvard business and law…