BRASILIA :Japanese automaker Honda will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030, an executive said on Friday, adding the company aims to develop a hybrid-flex vehicle in the South American country.Honda’s announcement is the latest in a series of fresh investments by automakers…

WASHINGTON : Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve’s rapid resetting of rate-cut expectations as U.S. inflation data roils markets from London to Brazil. All insist they are setting policy independently of the Fed and basing it on local conditions. But those conditions are now being buffeted by a sudden likelihood of U.S. interest rates staying higher for longer than had been expected as the year…

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MOSCOW: Russian Defence Minister Sergei Shoigu said on Friday (Apr 19) that the country was ramping up manufacturing of tanks and heavy flamethrower systems, but more work was needed to increase production of tank protection equipment. Shoigu’s ministry published video showing him touring a tank factory in the Siberian city…

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Lifestyle

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SOFT TOUCHES AND LIGHTING The penthouse features many cosy materials in the furnishing. “From plush upholstery and tactile fabrics to warm wood accents and luxurious rugs, each element was considered to evoke a sense of tactile richness and visual interest, enhancing the overall ambience of intimacy,” affirmed Ng. Quality furniture…