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  • Work starts on creation of new Dubai island 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 ...

  • Australian construction industry to see slow recovery

    The Australian building and construction industry will see a mixed recovery over 2015-16 after a number of challenging years, according to Master Builders Australia (MBA) forecasts released Monday. While the forecasts predict a positive growth for the industry, MBA reports that the current economic climate is creating headwinds that may impede the timing and strength of recovery. There's light ...

  • PICC Property Casualty to Raise $944 Million in Rights Offer

    capital requirements . The company will offer 1.1 new shares for every 10 existing shares held, according to a Hong Kong stock exchange filing yesterday. PICC said it will price the Hong Kong-listed shares at HK$5.38 each, a 47 percent discount to yesterday's close, and the domestic shares at 4.30 yuan each. The proceeds "will be used to strengthen the capital base of the ...

  • Unknown Mathematician Proves Surprising Property of Prime Numbers

    On April 17, a paper arrived in the inbox of Annals of Mathematics, one of the discipline's preeminent journals. Written by a mathematician virtually unknown to the experts in his field -- a 50-something lecturer at the University of New Hampshire named Yitang Zhang -- the paper claimed to have taken a huge step forward in understanding one of mathematics' oldest problems, the twin ...

  • Social media spotlight Schottenstein Real Estate Group

    Brian Schottenstein explains the importance of social media to Schottenstein Real Estate Group. From event caterers and salons to clothing retailers and social media consultants, companies of all shapes and sizes are recognizing the importance of connecting with potential and current customers in the online world. As part of our ongoing social media spotlight, Brian Schottenstein, vice president ...


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Movie Review

Thirteen Days [DVD]

Thirteen Days [DVD]

In a lean, tense two and a half hours, Roger Donaldson's Thirteen Days tells the story of the inner workings in the White House during the Cuban Missile Crisis, one of the most severe political moments of the 20th century and likely the closest the world has ever come to engaging in actual nuclear exchange. The script by David Self condenses and dramatizes some 23 hours of recorded mee ... ...

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  • Romania Steaua owner ex-chief of staff ex-minister sentenced to prison in real estate deal

    BUCHAREST, Romania - Romania's top court has sentenced the owner of Steaua football club, the former chief of staff of the armed forces and a former defence minister to two years in prison each for abusing their positions and bribery in a real estate deal. The court sentenced Gigi Becali, Steaua's owner and also a former MEP, on Monday for abetting public officials to abuse their ...

  • South Jersey golf club sold at auction

    Cherry Hill Land Associates was selected as the winning bidder for Woodcrest Country Club in Cherry Hill, N.J. The entity, backed by First Montgomery Group, a real estate company based in Marlton, N.J., placed a $10.1 million bid for the 156-acre club. Minimum bids started at $6.25 million. The club has been in Chapt. 11 bankruptcy for a year. A total of four entities placed bids and the highest ...

  • Gold silver and real estate will save you

    Gold and silver and stocks and bonds and real estate and cash and checking accounts and money market accounts and taxes and bailouts and crises and terrorism and corruption. I’m sure I left a lot out, but those are some of the topics I’ve been addressing for my subscribers and in Washington while I’m here for a few days. I’m meeting with some companies and bureaucrats and ...

  • The cheapest compact sedans with the basics

    More Automotive News Car shoppers want a long list of features in a new car, even if that car is a compact sedan that starts around $16,000. That starting price usually doesn't include what many consider "must-have" features -- chief among them an automatic transmission.We took 11 compact sedans and looked at their prices when equipped with the following features: Automatic ...

  • Panther purchases Fort Worth apartment portfolio

    Investors continue to purchase apartment properties, as the market remains strong for the real estate. The Coventry at Cityview apartments in Fort Worth, seen above, were sold to an investment group in the past month. Fort Worth-based Panther FW Investments LLC, formerly Panther Transaction Group, has bought a two-property, apartment portfolio totaling 528 apartment homes in Fort Worth. Terms of ...

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