ANNAPOLIS, Md., Dec. 5, 2013 /PRNewswire/ — American Capital Energy & Infrastructure (“ACEI”) announced today that it has committed to invest up to $130 million in Azura Power Holdings Ltd. (“Azura”), the company responsible for developing the Azura…
Author: Adewale A.
Nigeria may have flopped at their last two World Cups but expectations are high of a better showing in Brazil next year, irrespective of the first-round group they are drawn in on Friday. The Super Eagles have not won a World Cup finals match since…
US auto giant General Motors said on Thursday it would largely withdraw its Chevrolet brand from the European market by 2016, citing the “difficult economic situation” on the continent. GM instead plans to concentrate on marketing its German-made Opel…
South Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world’s largest “floating facility” with a length greater than the height of the Empire State Building. A Samsung spokeswoman said Thursday that the floating…
A new piece in the New York Times today features an interview with Google’s Andy Rubin (no relation), the former head of the company’s Android division. Since stepping down from that role, Rubin has decided to go after the mobile operating system…
Ethiopia has repatriated over 100,000 citizens from Saudi Arabia, Addis Ababa’s foreign ministry said Thursday, following a violent crackdown against illegal immigrants in the oil-rich kingdom. Ethiopian Foreign Minister Tedros Adhanom said that up…
Dec. 5 (Bloomberg) — As Nigeria’s economy grows — 6 percent this year — so does the wealth of some of it’s citizens. The wealthy few no longer have to shop abroad for their luxury staples because those brands are setting up shop in the African country…
Paris Saint-Germain failed to equal the record for their longest unbeaten run in France’s top flight as they suffered a shock 2-0 defeat away to Evian on Wednesday. Youngster Clarck Nsikulu put Evian in front at the end of a counterattack with 15 minutes…
Swedish goaltender Henrik Lundqvist has signed a seven-year contract extension to remain with the National Hockey League’s New York Rangers, the club announced Wednesday. The deal was reportedly worth $59.5 million, which would make the 31-year-old…
Manchester United’s stuttering Premier League title defence suffered a massive blow after a shock 1-0 defeat at home to Everton on Wednesday left them 12 points behind leaders Arsenal. Arsenal preserved their four-point lead by beating Hull City and…
Luis Suarez proved once again he is one of the world’s finest strikers with four goals that were the cornerstone of Liverpool’s 5-1 Premier League thrashing of Norwich at Anfield on Wednesday. The Uruguay striker needed just 34 first-half minutes to…
Holders Bayern Munich reached the German Cup quarter-finals with a 2-0 win at Augsburg on Wednesday, but at a cost as star winger Arjen Robben suffered a painful looking knee injury. The 29-year-old scored four minutes into Bayern’s third-round tie…
Brazilian legend Pele said on Wednesday he hoped current Brazil star Neymar’s experience in Europe with Barcelona could give the Selecao a boost at next year’s World Cup. Brazil “shouldn’t fear anyone,” Pele said as he pinpointed next June as Neymar…
If you were anxiously anticipating the arrival of YouTube’s rumored subscription music service, well, we’ve got some gloomy Google news: it won’t be launching this year as planned. It’s now slated for release next year. YouTube, one of the world…
As I write this piece, I have CNBC on the TV, and I occasionally look up and pay attention whenever an interesting report comes on. I typically have another device in my lap whenever the tube is on, whether its my laptop, iPhone or iPad, and I’m not…
Work has started on the next generation USB connector, the new connector, which will be known as Type-C, will break compatibility with existing connectors in order to improve ease of use and allow for thinner devices. The new Type-C connector is an…
The European Commission approved on Wednesday Microsoft’s nearly 5.5-billion-euro takeover of the mobile phone business of Finland’s Nokia which once dominated the global industry. The acquisition does “not raise any competition concerns, in particular…
The official ball to be used at next summer’s World Cup “The Brazuca” has been unveiled in Rio de Janeiro to the samba sounds of drums and cymbals. First to show off their skills with the new ball in a ceremony at a park in the south of the city were…
Hezbollah on Wednesday blamed Israel for murdering one of its top leaders near Beirut at a time of soaring tensions in Lebanon linked to the war in neighbouring Syria. The dead man, identified as Hassan Hawlo al-Lakiss, was the group’s most senior figure…
Enjoying the ability to unlock your iPhone with your fingerprint? If Apple’s latest patent is anything to go by, you may be able to unlock your device even if you don’t have any fingers—all you’ll need to do is smile for the camera. A post on…