The World Economic Forum's five-day annual summit began in Davos this evening amid hopes of recovery in global economy and a time of renewed terror threats after recent strikes in France and other parts of globe.
In a sea-change at the highest town of Europe, black business suits and orange-and-blue army dress have now become a common sight in Davos, as the world of business takes over this Alpine resort for the next five days beginning today, from the usual skiing enthusiasts.
Divers on Thursday searched the sunken fuselage of the crashed AirAsia jet in the JavaSea to retrieve the missing bodies of the 162 people killed in the disaster, a day after the main wreck was located in the choppy waters after over two weeks of multi-national hunt.
Divers were on Saturday sent to investigate underwater pings that may be coming from the flight recorders of the AirAsia plane as efforts continued to retrieve the jet's tail from the bottom of the Java Sea.
Indonesian military divers on Thursday battled strong waves to reach the submerged tail section of the crashed AirAsia Flight QZ8501 in the murky depths of the Java Sea in the hopes of finding the crucial black box.
Navy divers on Monday resumed efforts to find more wreckage of the ill-fated AirAsia jet with no signal detected yet from the black box recorders, as rescue teams expanded search eastward to locate large objects of the plane believed to be on the ocean floor.
Rescuers on Sunday recovered another body and a fifth large object belonging to the doomed AirAsia jet in the JavaSea as they continued to scour the choppy waters for the eighth day.
Two large metal objects have been found in the search for the AirAsia airliner in the JavaSea, Indonesian officials said on Saturday, even as continuing bad weather held back efforts to hunt for the plane's data recorders.
Rescuers found 30 bodies with 5 of them still strapped to their seats as multi-national teams equipped with sophisticated equipment narrowed the search to a 5 sq km area of the choppy Java Sea where some debris of the ill-fated AirAsia jet have emerged.
The AirAsia aircraft that went missing after taking off from Indonesia with 162 people on board may be at the bottom of the sea, a top Indonesian official said on Monday, as the multinational search for the Airbus continued amid fading hopes of finding any survivors.
The move is a reversal of its earlier decision, when the airline said it would not absorb the price difference and advised customers to pay the fare difference or receive a refund, according to media reports.
Some of the workers claimed they were entitled to draw salaries of SGD 2,200 to SGD 3,300 per month but were paid only SGD 900
New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.
More than 400 people on board a Singapore Airlines Airbus A380 superjumbo from Singapore to Mumbai had a narrow escape after it was hit by a sudden turbulence on descent, injuring 22 passengers and crew.
Globally, the estimated average financial loss from cyber incidents was $2.7 million, a 34-per cent increase over 2013.
World's largest asset manager Blackrock will host a global investors meet in India next year, CEO Laurence Flik conveyed to Prime Minister Narendra Modi.
As Prime Minister Narendra Modi arrived in New York on Friday on a five-day US visit, he was greeted with 'Har Har Modi' slogan.
Prime Minister Narendra Modi on Monday gifted famous Indian tea to the captains of 11 large American corporations.
Defence major Boeing on Monday proposed greater business engagement with India, as Prime Minister Narendra Modi promised the US companies to provide friendlier business environment in the country.
It boosts confidence to investors sitting on the fence.
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