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Costa Concordia

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'Insurance companies will make a killing'

'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?'' IMAGE: Part of a span of the collapsed Francis Scott Key Bridge is suspended on the......

'Indian crews are very good'

'Indians are basically liked because they are educated, they are intelligent.' IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Reuters Captain Peter......

I have fulfilled my promise to my parents, says Russel Rebello's brother

Three years ago Kevin Rebello made a promise to his parents and sister-in-law. That he will bring his younger brother Russel home, alive -- and, as hopes faded with each passing day -- or dead.......

Costa Concordia captain sentenced to 16 years in prison

The captain of the cruise ship Costa Concordia which sank off the Italian island of Gigilo in 2012 killing 32 people has been sentenced to 16 years in jail for manslaughter. The cruise ship Costa......

Costa's captain admits he was 'showing off' when doomed ship sank

The captain of the Costa Concordia admitted in court he attempted a tricky manoeuvre to show off when the vessel sank with the loss of 32 lives. Francesco Schettino, 52, said he was trying to......

10 things that can wreck the finances of a company

Image: Workers install the chassis along a production line at a truck factory in Hefei, Anhui. Photograph: Reuters A new report by Allianz Global Corporate & Specialty examines global......

10 things that can wreck the finances of a company

All of us may have at some point read about best of companies reeling under financial crisis, be it any sector. Image:  A cargo ship stuck on an offshore reef. Photograph: Reuters A......

What ails the cruise ship industry

From the Costa Concordia disaster to the stranded Carnival Triumph, a look at recent problems plaguing the cruise ship industry. Click NEXT to read...

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