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It is the largest overseas acquisition ever made by a Chinese company.
The center-left coalition is set to win control of Italy's lower house but fell short of winning a majority in the Senate.
The government will provide increased access to training and public services, and raise income to R$ 70 ($36) per month.
The BRICS Cable will provide Russia, China, Brazil and India a two-way avenue with 21 African countries.
Russian Prime Minister believes voices of developing nations need to be heard in financial institutions.
The acquisition will cost The Chinese Petrochemical Corporation $1.02 billion.
Gerard Depardieu has been made an honorary citizen of the Chechen Republic.
The oil from Russia will be enough to supply the Tianjin oil refinery, according to Russia's deputy prime minister.
India's finance minister will present the Union budget this Thursday.
India is stepping up its space programme with a higher budget and a slated mission to Mars.
