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(MENAFN - AFP) The human nose can distinguish at least one trillion different odors, millions more than previously estimated, US researchers said Thursday.

For decades, scientists accepted that humans could detect only 10,000 scents, putting the sense of smell well below the capabilities of sight and hearing.

"Our analysis shows that the human capacity for discriminating ...

 

(MENAFN - AFP) Australia's richest person Gina Rinehart on Friday announced a US$7.2 billion funding package for her massive Roy Hill iron ore mine in Western Australia that will help feed Asian steel demand.

The deal, signed in Singapore Thursday, will see a consortium of 19 commercial banks from Australia, Japan, South Korea, China, Europe and Singapore, and a number ...

 

(MENAFN - AFP) One of the eight missing imperial Faberge eggs will go on show in London next month after it was purchased by a scrap metal dealer in a flea market in the United States.

London antique dealer Wartski said the man bought the egg a few years ago for about $14,000, completely unaware that it was worth about $33 million (24 million euros).

The man thought ...

 

(MENAFN - AFP) A German panel ruled Thursday against the heirs of Jewish collectors seeking to recover a trove of precious medieval church artifacts, saying its sale in 1935 was not made under Nazi duress.

The dispute centres on the Guelph Treasure or "Welfenschatz" of gold, silver and gem-studded relics believed to be worth hundreds of millions of euros (dollars) in total.

The ...

 

(MENAFN - AFP) Luxury jeweller Bulgari on Thursday answered the Italian government's appeal for help in financing a renovation of Rome's famous Spanish Steps.

Bulgari, which was bought in 2011 by French luxury giant LVMH, will put 1.5 million euros ($2 million) towards the refurbishment which will begin in 2015 and last two years, Rome's mayor Ignazio Marino said.

Italy's ...

 

(MENAFN - AFP) The UN's AIDS envoy for eastern Europe voiced fears Thursday for injecting drug users in Crimea who risk being cut off from a lifeline treatment prohibited in Russia.

Michel Kazatchkine said he was worried that heroin replacement programmes called opioid substitution therapy (OST) would end for these individuals, stripping them of a major benefit in the ...

 

(MENAFN - AFP) The human nose can distinguish at least one trillion different odors, millions more than previously estimated, US researchers said Thursday.

For decades, scientists accepted that humans could detect only 10,000 scents, putting the sense of smell well below the capabilities of sight and hearing.

"Our analysis shows that the human capacity for discriminating ...

 

(MENAFN - AFP) Brazil's anti-monopolies commission on Thursday said it had begun investigating allegations that transport providers, including several large international firms, had operated a price-rigging cartel for 15 years in major cities.

"Eighteen firms and 109 employees in the companies are accused of participating in illicit" price-fixing, said the Administrative ...

 

(MENAFN - AFP) All 28 EU member states have now signed up to an agreement to combat tax evasion after Austria and Luxembourg dropped their objections to a plan first mooted in 2008, officials said Thursday.

There "is a green light" from Luxembourg, Prime Minister Xavier Bettel said.

Luxembourg, an important financial centre, "has been advancing towards becoming a ...

 

(MENAFN - AFP) US aerospace giant Boeing said Thursday it had won 71 new orders for its best-selling 737 commercial jetliner in a week, with more than half for its new 737 MAX.

Boeing did not disclose the name of the buyer or the buyers of the short- to medium-haul aircraft in the week through March 18.

The Chicago-based company said it had a total of 176 net new ...

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