Tuesday 17 January 2017
 
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Global economic growth gathers pace: IMF

The global economic landscape has started to shift in the second half of 2016 and developments since last summer indicate greater growth momentum coming into the new year in a number of important economies, the IMF said. "Our earlier projection that world growth will pick up

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8 men control same wealth as poorest half of world: Oxfam

New estimates show that just eight men own the same wealth as the poorest half of the world and as growth benefits the richest, the rest of society – especially the poorest – suffers, says an Oxfam report. The very design of our economies and the principles of our eco

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Cargo jet crash kills 16 in Kyrgyzstan

A cargo jet crashed in a residential area near Kyrgyzstan's Manas airport on Monday, killing at least 16 people, according to the Kyrgyz government. The body of one pilot has been recovered while 15 local people were killed when the Boeing 747 crashed on their homes, the heal

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19 feared dead in India boat mishap

At least 19 persons were feared drowned and 20 others went missing on Saturday evening after an overloaded boat carrying around 40 people capsized in the river Ganga near the NIT (National Institute of Technology) Ghat in the heart of the state capital. Separate teams of NDRF and

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Balfour Beatty Vinci names head for HS2 rail project

Balfour Beatty Vinci, a joint venture between UK-based infrastructure leader Balfour Beatty and French construction giant Vinci, has appointed Mark Cutler as the new managing director for its iconic rail infrastructure project, High Speed 2 (HS2). A chartered civil engineer, Cutl

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Airbus sells its shares in Atlas Elektronik to thyssenkrupp

Airbus Defence and Space, a global leader in aeronautics, space and related services, has entered into an agreement to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG based in Essen, Germany. With this acquisition, thyssenkrupp, which to date has held a 51

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