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...When you compare that to millions [for a company like Ikea], you’re not amortising the R&D, the tooling costs, over nearly as many chairs,” he says....
...Cristine Bedfor, owned and run by the very stylish Cristina Lozano, opened in May with 21 rooms, each uniquely and lovingly designed by Lorenzo Castillo (follow him on Instagram for periodic doses of sheer...
...(FT, WSJ) R Kelly trial The R&B singer will appear in a Brooklyn courthouse today for the opening arguments in a federal sex trafficking trial....
...This year Germany’s Fraport paid R$290m for Porto Alegre in the south and R$425m for Fortaleza in the north-east....
...The new company is well positioned in all key markets and regions and can build on its exceptional R&D expertise.”...
...Its head, Carlos Caro del Castillo, says three of his clients, who began in the co-working area, have now renewed their office leases. “They are proof the ecosystem is working.”...
...In 2011, China surpassed Japan’s overall R&D spending....
...“It’s like a transfer of wealth from workers to the industrialists,” says Aldo Musacchio, professor of business at Harvard and co-author of Reinventing State Capitalism....
...She said while R$8bn had been invested in stadiums between 2010 and 2013, Brazil had invested 212 times that amount in education and health....
...Brazil’s minister of sport Aldo Rebelo last year rattled off a list of expected benefits from the World Cup including R$28bn ($12bn) investment in urban transport, ports, airports, stadiums and tourism infrastructure...
...Someone to watch is Dutch designer Aldo Bakker, who makes products from ceramics, glassware and urushi (Japanese lacquer) using traditional craft techniques....
...… Aldo Rebelo This tough communist politician is no stranger to controversy....
...In August, Brazilian sports minister Aldo Rebelo issued another warning over delays to stadiums for next year’s football World Cup....
...Money from this source rose from R$230m ($114m) before the Beijing Olympics to R$331m before London. Mr Rebelo did not say where the extra funding would come from....
...Although BNDES does not break down its loan portfolio by company, it has lent Mr Batista’s companies more than R$6bn ($3bn) while another state-owned bank Caixa has contributed R$2.2bn, according to estimates...
...Football is serious business in Brazil, though sometimes it might not seem so from the way sports minister Aldo Rebelo talks....
...“This will not stop the process of extradition that we have initiated,” said Jorge del Castillo, Peru’s prime minister....
...A former treasurer of the Workers' party (PT) has admitted to raising at least R$39m ($17m, €14m, £10m) in illegal funds through a publicist who had large government contracts....
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