Build To Minister

Wang Chaoyong says the Americas Cup is a platform to access business tycoons. Provided to China Daily

Principles of sailing can also be applied in investment process, captain says

For Wang Chaoyong, sailing is more than just a sport. It has become an indispensable part of his life, reshaping his outlook on life and business.

The 47-year-old is the owner and co-founder of the first Chinese team to compete in the Americas Cup, a 163-year-old international sailing event that takes place every four years and is traditionally regarded as an elite sport filled with rich organizations from wealthy nations.

Over the next two years, China Team...

ORNATE floors, an ancient well and part of Abbotsfords private gas works are among the architectural treasures that have been unearthed at Sir Walter Scotts home as it undergoes a major transformation.

Kelso building company Mamp;J Ballantyne is carrying out the conservation and refurbishment of the historic property where Scott wrote many of his best-selling works.

As the work develops, the firm will call on the expertise of more than 40 of its staff to restore the home’s famous rooms, develop new offices and an education suite and convert the Hope Scott wing of the house into five-star visitor accommodation.

The decorative floors discovered under...

More than 3,000 cruise passengers will have their dream vacations cut short due to a second consecutive outbreak of gastrointestinal illness on board the Crown Princess cruise ship.

Princess Cruises on Tuesday ordered the ship back to Port Everglades for special cleansing, ending its voyage two days early. Passengers will miss port calls in Aruba and Curacao. They will get full refunds and other relief.

IBISWorld estimates that industry revenue declined an average 1.3% per year to $3.8 billion over the five years to 2012Recovery for the Tour Operators industry is on the horizon. After fighting through declines during the recession, revenue is expected to continue to recover in 2013, when industry revenue is anticipated to grow 3.2% to $3.9 billion.

Los Angeles, CA (PRWEB) February 04, 2012

The Tour Operators industry struggled in 2009, when industry revenue declined by 11.3% as the recession decimated demand. According to IBISWorld industry analyst and report author Nima Samadi, the industry has turned the corner over the last few years, with tour operators revenue growing...

• Vega will lift off from a refurbished pad formerly used by the Ariane 1
• Its four stages and satellite payload are assembled on the launch site
• Satellites will weigh from a few 10s of kg up to a maximum of 2,500kg
• The reference mission is a 1.5t satellite in a 700km-high polar orbit

There will inevitably be a degree of nervousness in launch control at Kourou come lift-off time. According to statistics compiled by the Ascend aerospace consultancy, 58% (11 out of 19) of new rockets since 1990 have experienced a major anomaly on their first flight.

It is for this reason that the satellites carried on Vegas maiden voyage have all been given...