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Work starts on creation of new Dubai island
Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...
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Justin Biebers monkey to become German property
Justin Bieber performs at the Billboard Music Awards at the MGM Grand Garden Arena on Sunday, May 19, 2013 in Las Vegas. (Photo by Chris ...
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Cash-strapped city plans property selloff
For sale: The 100-year-old Philomathean Club at Hunter and Acacia streets in Stockton is among 44 properties the city plans to sell to raise cash to pay down debt as part of ongoing bankruptcy proceedings. calixtro romias/ Record File ...
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STOCKS NEWS SINGAPORE-ComfortDelGro near 6-yr highs lifts index
stock index , after it announced plans to expand its bus operations in Australia. The company's shares rose as much as 2.4 percent to S$2.14, the highest since July 2007, after it said its subsidiary CDC Victoria Pty Ltd plans to buy privately-held Driver Group Pty Ltd for A$22 million ($21.54 million), to expand its fleet in Australia. "While the deal is relatively smaller ...
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Big Yellow profit rises as demand for self-storage grows
reported an 8 percent rise in profit despite the introduction of new taxes, as demand grew for self-storage in London and southeast England.The UK government introduced value added tax, or VAT, on storage rents in October 2012, prompting the company's prices to rise 10 to 12.5 percent.Adjusted pretax profit rose to 25.5 million pounds in the year ended March 31 from 23.6 million pounds a ...
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Winds: From the East at 7 MPH
Movie Review
Oz the Great and Powerful
The last time Disney ventured into the Land of Oz, it was 1985 and the company was in dire straights, its fortunes so muddled and dimmed from its glory years that the decision makers were actually considering the idea of shuttering the companys animation division. ... ...
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Blackrock buys MGPA to create $25 bln real estate fund
LONDON | Tue May 21, 2013 3:01am EDT LONDON May 21 (Reuters) - Blackrock, the $4 trillion U.S. fund manager, has bought private equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe. The combined business will have $25 billion of property under management and the transaction is due to complete later this year. No price was announced. The real ...
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Property tax pilot extension may be based on willingness
Finance , the newspaper reported that the selection of the second batch of pilot cities will be based primarily on their willingness to implement the program. The newspaper also cited a person close to the Ministry of Housing and Urban-Rural Development as saying that it is very likely that the list will be publicized within the year. The ministry, together with State Administration ...
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Investors Leave London for Property Yields Real Estate
Aviva (AV/) Plc are being attracted by higher returns available from cheaper real estate outside the capital. The value of income-producing properties outside London fell 7.2 percent from September 2011 through March while rising 7.4 percent in the city's center, as a double-dip recession prompted buyers to avoid all but the safest prime assets, according to Investment Property ...
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Two new judges announced for X Factor
Kelly Rowland [photo: Ferdaus Shamim/WireImage] Simon Cowell has finally found some people to take Britney Spears and Epic Records honcho L.A. Reid's places on the "X Factor" panel for Season 3. It has been officially confirmed that Destiny's Child diva Kelly Rowland and Latin pop superstar Paulina Rubio are the the new "X Factor" judges, joining Simon ...
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Aramco awards Midyan gas project to Indias LT
KHOBAR, Saudi Arabia , May 21 (Reuters) - State-run Saudi Aramco has awarded India's Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gas field, state news agency SPA reported. The world's top oil exporter is boosting its output of ...
They Said It
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
David Beckham
The world's best known footballer was speaking after formally announcing his retirement.
Hotel Review
Merve Griffin's Beverly Hilton Hotel
As I approached this grand old hotel on famous Wilshire Boulevarrd, just off Santa Monica Boulevard I couldn't help thinking ...
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