Contemporary art as an investment:
At its upcoming May auction Sotheby's expects sales to top €300m. Cash rich Russian and Chinese collectors see contemporary art as a good investment - steadily driving up prices.
The Panama Canal expands for the future:
The Panama Canal is one of the biggest construction project the world has ever seen. It connects two of the planet's largest oceans making it the most vital manmade canal. Now the waterway is getting an upgrade. A multi-billion dollar expansion project is expected to double its capacity and boost the bottom-line.
EU moves to end thin plastic bag plague:
The European Union plans to do away with most single-use plastic bags. They usuually end up discarded, endangering birds and marine life. It can take centuries for them to decompose. The EU wants to cut their use by 80% by 2020.