Showing posts with label world. Show all posts
Showing posts with label world. Show all posts

Tuesday, December 24, 2013

Spain distributes $3.4 bln in x'mas lottery



New York: The country of Spain, which is currently going through a financial crisis, has handed out 3.4 billion dollars in the annual and world's richest Christmas lottery.

" El Gordo " or the "Fat One", the lottery's top prize of 546,200 dollars went to 27-year-old mechanic Raul Clavero and four other members of his family who had also bought tickets with the same winning numbers, the New York Daily News reported.

Unlike other lotteries that offer one large top prize, Spain's lottery offers thousands of dollars to multiple ticketholders.

Wednesday, December 18, 2013

Warren Buffett adds $37 million per day in his fortune in 2013



New York: American business magnate Warren Buffett made a fortune of about USD 37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year.

With a gain of USD 12.7 billion in 2013, Buffett's net worth at the end of the year stands at USD 59.1 billion. The notable philanthropist had a fortune of USD 46.4 billion at the beginning of the year. However, Buffett is not the wealthiest billionaire on the top 10 list prepared by Wealth-X.

Microsoft Chairman Bill Gates added USD 11.5 billion to his personal fortune in 2013, ending the year with assets totalling USD 72.6 billion. Gates is also the richest person on the list.

According to the report, the top 10 individuals collectively gained USD 101.8 billion in 2013, an average gain of USD 10.2 billion each.

The combined wealth of these individuals stand at USD 347 billion in December this year, up from USD 245 billion in January 2013.

Besides, on an average, they made USD 29 million per day in 2013 and increased their wealth by 41.6 per cent, outperforming the 24 per cent returns seen in the S&P 500 this year.

Gates is followed by casino mogul Sheldon Adelson at the third spot, who raked in USD 11.4 billion in 2013 from his various properties in Las Vegas, Macau and Singapore. His personal net worth is estimated to be more than USD 35 billion in December from USD 23.9 billion in January.

Amazon founder and CEO Jeff Bezos became richer by USD 11.3 billion to take his total fortune to USD 34.4 billion.

Besides, Facebook founder Mark Zuckerberg gained USD 10.5 billion taking his wealth to USD 24.7 billion. The report said that Masayoshi Son, head of SoftBank Corp, added USD 10.3 billion to his fortune.

Google's founders Larry Page and Sergey Brin have added USD 9.3 billion each to their personal wealth.

Brin's net worth stood at USD 30 billion, while that of Page was at USD 29.9 billion.

Hong Kong's business tycoon Lui Chee Woo made a fortune of USD 8.3 billion in 2013, while private equity investor Carl Icahn gained USD 7.3 billion in the year.
As per the report, the valuations are for the period between January 1 to December 11, 2013.

Thursday, July 25, 2013

77 dead in Spanish train crash


Santiago De Compostela (Spain): A train hurtled off the tracks in northwest Spain killing at least 77 passengers and injuring more than 140, an official said on Thursday, with the media suggesting the tragedy could be due to speeding.

Four carriages overturned in the smash late Wednesday, smoke billowing from the wreckage, as bodies were lain out under blankets along the tracks. The wagons piled into each other and folded up like an accordion. One was ripped apart by the force of the crash, one of its ends pushed up into the air. Several witnesses spoke of a loud explosion.

"I was at home and I heard something like a clap of thunder, It was very loud and there was lots of smoke," said 62-year-old Maria Teresa Ramos, who lived just metres from where the accident happened. "It's a disaster, people are crying out. Nobody has ever seen anything like this," she added.

The accident happened at 8:42 pm (1842 GMT) Wednesday as the train carrying 218 passengers and four staff was about to enter Santiago de Compostela station in the northwestern region of Galicia. Rescue workers recovered 73 bodies from the train's wreckage and four more victims died later in hospital, said a spokesman for the Galicia high court, increasing an earlier toll figure.

A total of 143 people were said to have various injuries. Francisco Otero, 39, who was inside his parents' home just beside the section of the track where the accident happened, said he "heard a huge bang. As if there had been an earthquake."

"The first thing I saw was the body of a woman. I had never seen a corpse before. But above all what caught my attention was that there was a lot of silence, some smoke and a small fire," he said.

"My neighbours tried to pull out people who were trapped inside the carriages with the help of pickaxes and sledgehammers and they eventually got them out with a hand saw. It was unreal."

The train had left Madrid and was heading for the town of Ferrol as the Galicia region was preparing celebrations in honour of its patron saint James. A witness told radio Cadena Ser that carriages overturned several times on a bend and came to a halt piled up on each other.

Public television TVE said the train may have derailed because it was speeding at the time of the accident but a spokesman for state railway company Renfe said it was too soon to say what caused the accident.

"There is an investigation underway and we have to wait. We will know what the speed is very soon when we consult the train's black box," a Renfe spokesman said.

"Deadly High Speed" the El Mundo daily's headline ran. The paper reported that the train had been travelling at 220 kilometres (136 miles) per hour in an urban zone with a speed limit of 80 kph.

The El Pais suggested the train was travelling at 180 kilometres per hour when the accident happened.

The accident happened on a stretch of high-speed track about four kilometres (2.5 miles) from the main train station in Santiago de Compostela, the destination of the famous El Camino de Santiago pilgrimage which has been followed by Christians since the Middle Ages.

The train was the Alvia model which is able to adapt between high-speed and normal tracks.

Emergency services workers in red jackets tended to injured passengers lying on a patch of grass as ambulance sirens wailed in the background. "There are bodies laying on the railway track. It's a Dante-esque scene," Alberto Nunez Feijoo, president of the regional government, told news radio Cadena Ser.

A municipal building was made available for psychological counselling and as a centre for providing information. Carriages were lying across the tracks, some of them jammed alongside a concrete siding.

Prime Minister Mariano Rajoy, who is from Santiago de Compostela, was to visit the scene of the accident on Thursday. "I want to express my affection and solidarity with the victims of the terrible train accident in Santiago," he said in a Twitter message.

Pope Francis called for prayers for the victims. "He joins the families in their sorrow and calls for prayers ... in this tragic event," Vatican spokesman Federico Lombardi told reporters during the pope's visit to Rio de Janeiro.

The town hall of Santiago de Compostela called off planned concerts and firework displays that had been planned as part of the festivities in honour of its patron saint.

The disaster was one of the worst in the history of Spain's rail network. In 1944, hundreds were killed in a crash also between Madrid and Galicia. In 1972, 77 people were killed in a derailment in Andalusia in the south.

Sunday, July 7, 2013

Two killed as Asiana passenger jet crashes at San Francisco airport


San Francisco: An Asiana Airlines Boeing 777 passenger jet crashed and burst into flames Saturday as it landed short of the runway at San Francisco International Airport, killing two people and injuring 181 others.

Investigators said they could not yet offer an explanation for the crash of Flight 214, which had 307 people - 291 passengers and 16 crew - on board when it left Seoul. But images appeared to suggest the aircraft struck a rocky area at the water's edge short of the runway at the airport - a major international hub, especially for flights to and from Asia.

Pictures showed the tail detached from the fuselage, and the landing gear had also sheared off. "At this time there are two fatalities," the city's fire chief Joanne Hayes-White said.

One person was still unaccounted for, officials said, revising downwards an earlier estimate of dozens. The remainder of those on board were uninjured.

The US Federal Bureau of Investigation (FBI) said there was no indication that terrorism was to blame for the crash.

Survivor Elliott Stone told CNN that as it came in to land, it appeared the plane 'sped up, like the pilot knew he was short'. "And then the back end just hit and flies up in the air and everybody's head goes up to the ceiling." "I just crash landed at SFO. Tail ripped off. Most everyone seems fine. I'm ok," the passenger, David Eun, wrote on Twitter. But another photo from above showed a more distressing scene, with most of the roof of the plane missing and the cabin seating area charred by fire. The aircraft's wings were still attached.

"I saw some passengers bleeding and being loaded onto an ambulance," another passenger, Chun Ki-Wan, told YTN TV in Seoul. "Everything seemed to be normal before it crash-landed."

Stone said he feared for the flight crew seated in the back of the plane, which took off in Shanghai, stopped in Seoul and then headed to the United States. "They were sitting in the back end and got hammered because we landed short. And then they all fell out and it was just the most terrible thing I've seen," he said.

The airport was closed immediately after the incident but two runways later reopened. Some flights were diverted to Los Angeles.

Among those on board were 77 Koreans, 141 Chinese, 61 US citizens, and one Japanese national, Asiana said in a statement. San Francisco General Hospital said it was treating 34 patients, five of them in critical condition.

Local media cited multiple witnesses who said the plane had approached the runway at an awkward angle, with several onlookers saying they then heard a loud bang.

"You heard a pop and you immediately saw a large, brief fireball that came from underneath the aircraft," Anthony Castorani, who saw the crash from a nearby hotel, told CNN. The accident site was covered in white foam used by firefighters, with at least six fire trucks at the scene.

The White House said President Barack Obama had been briefed on the incident, noting: "His thoughts and prayers go out to the families who lost a loved one and all those affected by the crash."

Asiana is based in Seoul. The twin-engine 777 aircraft is one of the world's most popular long-distance planes, often used for flights of 12 hours or more, from one continent to another.