Indonesian passenger plane crashes with 54 on board

An Indonesian Trigana Air passenger plane ATR42 with 54 people on board, on route to Oksibil crashed at camp3, Ok Bape district in the Bintang Mountains Regency, in the east Papua, according to Airport Transportation Director-General Suprasetyo. The flight took off from the regional capital Jayapura for Oksibil in the south at 14:21 local time…

Nestle win the legal battle in India

  Although Nestle India, has won a victory in its battle to get Maggi noddles back on to the shelves in Indian shops, at the Bombay High Court who decided that a nationwide ban on the snack was unjustified.,  their troubles are far from over as the country’s Food and safety body may appeal against…

Moody’s downgrades Brazil’s credit ratings

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…

Monorail Innovia 300 opens in Sao Paulo

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…

Millionaire hotel owner defeats his father in High Court case

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.…

Chinese devaluation of Yuan surprises markets

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…

Snake Boat Race

The 63rd Nehru Trophy Boat race, one of the largest team sports in the world, also known as “Vallamkali”, a true colourful water carnival, world legendary event, held annually on the second Saturday 8th August 2015, in the Punnamada Lake in Alappuzha, Kerala. Over sixty boats of various sizes and shapes participated, integrating caste, religion,…

Twitter still losing money despite having over 302 million users

According to inventor and interim CEO and Co-founder of Twitter, 39 year old Jack Dorsey, who wrote a dispatch software at the age of 15, that is still used by some taxicab companies even today,  “We strive for accuracy and fairness”. “ Make every detail perfect and limit the number of details to perfect”. Twitter…

2.4m customers of Carphone Warehouse data breached in Cyber attack

2.4 million customers of Carphone warehouse personal details have been compromised in a cyber attack according to a statement from mobile phone retailer. At least 90,000 customer’s encrypted credit card information may have been accessed according to their statement. The retailers owner Dixons Carphone says they are very sorry for the attack. The affected part…

Airbus wins patent for a Hypersonic plane 4.5 speed of sound

Airbus’s Concord 2.0 jet, has won a patent for a hypersonic passenger plane which could be capable of flying four and half times the speed of sound and potentially fly from London to New York in an hour, the same time  as a train journey from London to Sunny Sand beaches , Flokstone in Kent. The…