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Brazil: IOC Coordination Commission leaves Rio de Janeiro satisfied with progress October 10, 2014 Source: IOC | International Olympic Committee The International Olympic Committee (IOC) Coordination Commission brought to a close its seventh visit (29 September to 1 October) to the South American host city today: it follows a successful winter here for Brazil and […]

China overtakes U.S. to become world’s largest economy, says International Monetary Fund Chris Giles Financial Times We all know the world economy is changing. We know it is changing fast. But do we really know how fast? Read on. In the spring, the International Comparison Programme calculated new exchanges rates for comparing output of different […]

United States: Foreign-born population from Africa has grown rapidly during the last 40 years U.S. Census Bureau Released October 1, 2014 The foreign-born population from Africa has grown rapidly in the United States during the last 40 years, increasing from about 80,000 in 1970 to about 1.6 million in the period from 2008 to 2012. […]

Cuba sends 165 health professionals to West Africa to battle Ebola Granma HAVANA- On the evening of October 1, Cuban President Raúl Castro Ruz bid farewell to the 165 health professionals traveling to Sierra Leone, to contribute to the global struggle against Ebola, which has caused the death of thousands of people in West Africa. […]

China approves 2 more private banks Xinhua BEIJING- The China Banking Regulatory Commission (CBRC), the country’s banking regulator, said Monday in two statements that it has approved another two private banks, with one in Shanghai and the other in Zhejiang Province. On July 25, the CBRC approved the establishment of three private banks, including Webank, […]

Etihad Airways showed off its first A380 superjumbo Etihad Airways and Airbus celebrated the roll out of Etihad Airways’ first A380, featuring the elegant new ‘Facets of Abu Dhabi’ livery design. The new design is unveiled to representatives of the world’s media at a ceremony at the Airbus Finkenwerder facility in Hamburg, Germany. Etihad has […]

Tanzania seen luring IPOs as state scraps foreign cap By Alawi Masare and Neo Khanyile Bloomberg Tanzania, which has Africa’s best-performing stock market, lifted controls on foreign-share ownership, making it more enticing for companies to consider initial public offerings. The removal of restrictions on foreigners owning more than 60 percent of companies that trade on […]

Wealth-X and UBS Billionaire Census 2014 Agence France-Presse SINGAPORE – Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest of the world, a report said Wednesday. The combined wealth of Asia’s billionaires grew 18.7 percent from last year to $1.41 trillion, said […]

London’s newest skyscraper The “122” Leadenhall Building or “Cheesegrater” is pre-fab The Leadenhall Building stands 225 m (737 ft) tall and is located in City of London financial district. The City of London is the historic city center of London and the location for many of Greater London’s financial sector. By Olivia Rzadkiewicz Bloomberg The […]

United Kingdom: Scotland votes “NO” to independence BBC News Scotland has voted to stay in the United Kingdom after rejecting independence. With 30 out of the country’s 32 council areas having declared after Thursday’s vote, the “No” side has an unassailable lead of 1,877,252 votes to 1,512,688. The winning total needed was 1,852,828. Nationally, the […]