Two passenger trains derailed after being hit by flash floods on a bridge in central India, killing at least 27 people in the latest deadly accident on the nation's crumbling rail network. Rescuers have been searching through the night for passengers trapped on the trains that toppled when a swollen river struck the tracks in Madhya Pradesh state, railway officials said. Roughly 300 people were rescued after about 10 of the trains' carriages derailed outside the town of Harda at about 11.30 pm (1800 GMT) on Tuesday, police and other officials said.
Forget Milwaukee and Brooklyn – Lagos and Dar es Salaam are the new brewery hot spots, according to U.S. mutual fund managers as they tap Africa's emerging beer companies in pursuit of long-term returns on investment. U.S. fund managers who originally entered the African market by investing in infrastructure said the continent's youthful demographics - large swaths of the continent are at prime beer-drinking age - and favorable economics brought by local production are a recipe for a profitable outlook. "It would cost four or five times more for Tanzanians to import beer than to make it domestically," said Babatunde Ojo, portfolio manager for Harding Loevner's $600 million Frontier Emerging Markets strategy.