Bill Gates has been again declared the richest man in the world for the 16th time by Forbes magazine’s annual ranking of global billionaires. The Microsoft billionaire founder once again beat Mexican businessman Carlos Slim to the top spot. Mr Gates’ net worth rose by just over $3bn (£1.94bn) in the year to 13 February,…
Category: Business
India is encouraging its gold-hungry population to invest in gold-backed bonds as it introduces gold deposit accounts to exploit the 20,000 tonnes available within India and launch a sovereign gold bond,…
The Crystal clear waters of Baía do Sancho ( beach) on Fernando de Noronha, island paradise, off the coast of Recife, with breathtaking aerial views, has been voted the best beach in the world by Tripadvisor Travellers’ Choice Award, for the second time in a row. Sancho Bay leading the list of the best beaches…
The FTSE 100 index closed at 6949.63 – beating the previous record of 6930.20, set 15 years ago in 1999. Share prices soared in London to an all time high, bringing boost for pension pots and savings. Back in 1999, at the peak of the tech bubble, telecoms and technology firms accounted for 23.4pc of the…
Some people are born with silver spoon, but Italian Billionaire Chocolate Tycoon, Michele Ferrero 89 was a “born entrepreneur” according to Italian President Sergio Mattarella. Michele Ferrero, whose global chocolate empire includes Chocolate- hazelnut Nutella, Ferrero Rocher, Kinder surprise eggs and Tic Tac mints, made him Italy’s richest man, has died on Valentine’s day at…
“A global developing market worth $1.5bn by 2018, Drone is here to stay” according to the US Consumer Electronics Association (CEA), which connects over 2,000 tech companies, That’s an increase on the prediction for 2015, which is a market estimate of $130m, and 425,000 units sold. Even in the fourth largest emerging markets and developing…
The latest report by Wizsec, a five man security consulting firm, hints what could have happened at Mt Gox, which went bust almost a year ago saying it had lost track of 850.000 coins then worth almost $500m could have been an inside job. The bot known as willy assigned itself dozens of accounts with…
Three Red Bull stunt aircraft the “Flying Bulls” from Czech Republic, collided in mid-air on Thursday, while performing part of a three-plane inverted loop stunt at the Aero India defence expo Asian continent’s premier air show, in the skies above the Yelahanka Airforce in Bengaluru ( Bangalore) in Southern India. Two of these planes clashed…
Spice capital of the world, God’s Own Country Kerala spanning over 38,863 km2 (15,005 sq miles) with 33,387,677 inhabitants has the highest literacy rate 93.91%, was a magnet for Portuguese traders and eventually dominated by European colonisation of India. The region was a prominent International spice exporter from 3000 BCE to 3rd century. Kerala has witnessed significant emigration of its…
A lavish week-long wedding of Sanjay – son of British based Indian billionaire Gopuchand Hinduja who is worth £12bn and whose businesses include finance, defence, oil and It sectors and Anusuya Mahtani, a fashion designer, was attended by 16,000 guests “ferried” in 208 private jets. The extravagant celebrations began in Mumbai’s Taj Mahal Palace hotel…