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Brazil to sell the right to explore and develop its largest-ever oil discovery

Brazil to sell the right to explore and develop its largest-ever oil discovery   By Jeb Blount Reuters RIO DE JANEIRO – Brazil plans to sell the right to explore and develop its largest-ever oil...

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Brazil to cancel $900 million (R9 billion) worth of debt in 12 African countries

Brazil to cancel $900 million (R9 billion) worth of debt in 12 African countries BBC News Brazil has announced that it will cancel or restructure almost $900m (£600m) worth of debt with Africa. Oil-...

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Barack Obama is the 5th President to see the S&P 500 double while in office

President Obama has only completed just 4 years and nearly 5 months in office and may have already accomplished more for Wall Street than any other President did in their completed 2 terms Barack Obama...

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Los Angeles MTA- Metro approves $80 million for subway station in Leimert...

Funding OKd for light-rail station in Leimert Park Metro approves $80 million for an underground station on the planned Crenshaw Line. Supporters hope it will help revitalize the African American...

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Vietnam eyes foreign investors to expand stock market

Vietnam eyes foreign investors to expand stock market By Bloomberg News Vietnamese regulators will submit a proposal next month to ease restrictions on foreign ownership in companies as they lure more...

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Bilderberg 2013: Secret meeting opens press office for 1st time

World’s rich and powerful met in UK for the secretive Bilderberg conclave By Jill Lawless, The Associated Press | The Canadian Press More than 100 of the world’s most powerful people met at a former...

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Tall buildings in the news update

Tall buildings in the news update  Dubai inaugurates world’s tallest ‘twisted’ tower Agence-France Presse Dubai has inaugurated the world’s tallest twisted tower built at a cost of $272 million,...

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Top U.S universities for federal R&D grants and expenditures by academic...

Top U.S universities for federal R&D grants  By Monica Vendituoli OpenSecrets.org Federal research and development funds benefit a disproportionately small number of universities which in turn...

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Australia: Sydney’s billion dollar casino expansion race

Sydney’s most expensive hotel room could be at the Star at Pyrmont Lucy Carroll The Sydney Morning Herald SYDNEY- Personal butlers, an infinity pool, a private sauna and massage room – that’s what...

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ONGC, Oil India to Pay $2.5 Billion for Mozambique Field Stake

ONGC, Oil India to Pay $2.5 Billion for Mozambique Field Stake By Rakteem Katakey Bloomberg Oil & Natural Gas Corp. (ONGC) and Oil India Ltd. (OINL), India’s biggest state-run explorers, will pay...

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R56bn (US $5.55 billion) train deal gets the green light

R56bn (US $5.55 billion) train deal gets the green light By Anna Cox The Star The R56 billion ($5.55 billion US), 10-year project to replace and transform South Africa’s passenger rail industry into a...

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Nigeria: Update to Eko Atlantic- City of Lagos’ new global business and...

Nigeria: Eko Atlantic and the new planned cities under development in Ghana, Angola, Kenya and Republic of Congo Eko Atlantic leads emerging African cities promising homes for over 800,000 residents...

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Texas: Houston to build its first 50 floor skyscraper since 1987

New skyscraper about to go up in downtown Houston KTRK CBS 13 Eyewitness News HOUSTON — Houston’s downtown skyline will soon be changing. That’s because Chevron announced on Wednesday plans to build a...

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Two NFL franchises don’t make the Forbes list “The World’s 50 Most Valuable...

Two NFL franchises don’t make the Forbes list “The World’s 50 Most Valuable Sports Teams 2013″ The Dallas Cowboys are the only NFL franchise in the top 5 of the annual Forbes list, which was released...

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Africa Investment-China brings goods and roads, now Africa wants jobs

Africa Investment-China brings goods and roads, now Africa wants jobs By Daniel Flynn Reuters DAKAR – China has brought cheap consumer goods, roads and schools to many parts of Africa over the last...

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U.S. Home prices climb in 87% of U.S. cities amid recovery and U.K. home...

Home prices climb in 87% of U.S. cities amid recovery Bloomberg Prices for single-family homes climbed in 87 percent of U.S. cities in the second quarter as the national housing recovery accelerated...

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Brazilian oil firm HRT confident of major Namibia oil find

Brazilian oil firm HRT confident of major Namibia oil find AFP WINDHOEK– Finding large quantities of oil in Namibia is only “a matter of time” the head of Brazilian oil firm HRT said on August 15,...

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BRICS nations close to consensus on $100 billion forex reserve fund

BRICS close to consensus on $100b forex reserve fund Global Times Major emerging countries, known as the BRICS group of nations, are close to reaching a consensus on creating a $100 billion foreign...

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China issues white paper on economic, trade cooperation with Africa

China issues white paper on economic, trade cooperation with Africa Xinhua BEIJING– The Chinese government on Thursday issued a white paper on China-Africa Economic and Trade Cooperation, underlining...

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Poland plans to invest 3.1 billion U.S. dollars in seaports by 2020

Poland plans to invest 3.1 billion U.S. dollars in seaports by 2020 Xinhua WARSAW– Poland plans to invest seaports over 3.1 billion U.S. dollars (about 10 billion PLN) in the years 2014-2020, Transport...

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