Cuba has given the go-ahead to five more foreign companies to set up operations in the Mariel Special Development Zone.
Till date six companies have been approved, five of them with 100 percent foreign capital.
The approved companies operate in agribusiness, light industry, electronics, chemicals and transportation.
As peer reports, Cuba has received more than 300 applications to invest in the ZEDM from companies based in Spain, Italy, China, Russia, France, Vietnam, Brazil, Mexico, the Netherlands and Canada.
ArcelorMittal, the world's biggest steelmaker, signed a pact with the Steel Authority of India Limited ( SAIL), to build a plant that will manufacture auto-grade steel in India to tap the country's rapidly growing automotive sector. It will be located in Rourkela (Odisha).
According to Lakshmi Mittal, establishing an automotive-focussed production presence in India, one of the world's fastest growing automotive markets, is a natural progression in executing his global automotive strategy.
As per reports, state-owned Masdar Institute of Science and Technology is ramping up its efforts to support the United Arab Emirates (UAE) in achieving its goal of sending an unmanned space probe to Mars by 2021.
The initiative for the UAE's Mars mission, named "Hope", the first in the Arab world, was launched in October.
Masdar Institute is also a member of the Mohammed bin Rashid Space Centre’s science and research team, which is one of the seven teams of UAE national scientists that have been established to cover all aspects of the Mars mission.
Barcelona will never have a player like Xavi as he is leaving.
Xavi announced this week that he was joining Qatari side Al Sadd after 17 seasons in Barca`s first team and 23 trophies, bringing to an end to more than two decades with the club he joined in 1991.
He is considered one of the greatest midfielders to have played the game.
He won three Champions League crowns with the Catalan giants and helped Spain clinch back-to-back European Championships in 2008 and 2012 and their debut World Cup in 2010.
For the first time in India, the concept of shared parenting has been proposed to give joint custody rights of a child to both parents in case of divorce -equal legal status with respect to guardianship and custody.
The Law Commission on Friday submitted a draft law to the government proposing amendments to the existing guardianship and custody laws. The draft law provides for welfare of children as paramount consideration while deciding custody.
It also proposes statutory guidelines on determining child welfare rights in cases of joint custody.
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