China’s new Clean Air Act came into effect in March 2017 and this affected the high-end super sports car manufacturers who in the past had been exempt from the Chinese environmental rules that measure whether engines meet emissions limits after clocking up 99.42miles (160km). Aston Martins, Lamborghinis, McLarens and Morgan Motor Company all have a…
Air Canada Airbus 320, flight AC759 carrying 135 passengers and five crew members, from Toronto was preparing to land at San Francisco airport cleared to land on a runway last Friday, 7th July , 2017, but the pilot inadvertently lined up for a taxiway where four aircraft was waiting to take off. The agile…
Former President of Brazil Lula Inacio Lual Da Silva has been sentenced to nine years and six months’ jail for corruption. He ruled Brazil between 2003 to 2010, was accused of accepting favours form construction companies in exchange for helping them secure business with government companies. However, he will remain free pending an appeal. He…
The InterContinental Shanghai Wonderland , situated beside a man-made lake and houses a music arena and Wedding hall and has 15 floors below ground level, with two to offer rooms with saltwater aquarium costing about £390m ($500m) which is scheduled to completed later this year. The hotel is also attached to a theme park…
Pearson is set to raise £780m ($1bn) from the sale of a 22 per cent stake in Penguin Random House to co-owner German media mogul Bertelsmann, which would reinforce German media group’s global domination of world of book publishing. Pearson Education is a British-owned education publishing and assessment service to schools, corporations and students. Over…
Brazil’s banking clans could to pay over £827m 3.5bn reals for Shares in Havaianas flip-flop maker Alpargatas for a majority stake in Havaianas. Proceeds from a sale of Alpargatas, whose shares are up sharply this year, could help pay down the heavy debt load of owners, who are also implicated in a corruption scandal. Cambuhy Investimentos…
Sixteen people have died after a C-130, US military plane crashed in the LeFlore County, the southern state of Mississippi 100 miles north of Jackson, the state capital, at around 16:00 local time ( 21:00 GMT) on Monday 10th July 2017. All the victims were on the Marine Corps aircraft died according to the LeFlore…
Tesla will build world’s largest lithium-ion battery in South Australia to store renewable power and prevent blackouts in the power grids. Elon Musk, Tesla’s founder, secured the contract to build the battery within 100days. He said “ I do see South Australia willing to do a project of this magnitude which the world will look…
Samsung to displace Intel Corp from the No. 1 spot in Semiconductor sales. Samsung Electronics reports record quarterly profit on the back of sales of memory chips and display panels for the quarter ending in June 2017. The Korean Electronics giant have overtaken Intel as the largest chipmaker thanks to neverending de3amnd for chips…
The world of money is making people go round, as households and organisations have to deal with everchanging economies and payment systems like bitcoin and Applepay. You may ask what is money and how dow we make any sense of it? Three eminent Sociologists Nina Bandelj, Frederick Wherry and Viviana Zelizer, edited Money Talks, and…