World Expo has always been one of the most noteworthy international exhibitions of all time. Ever since its inception, nations exhibiting embody elements of …
Godfather of British Fashion, Sir Paul Smith is usually associated in the public eye as multi-millionaire clothing impresario. In what comes as surprise in …
One of the most compelling and evolved peculiarities of nature is sustainability. Nature is innocuous. It banks on diversity, fits form to function and …
When traveling, it is always important to book a comfortable, efficient, and welcoming hotel that helps you relax and makes you feel like home. Radisson Blu, the upper scale brand for Radisson Hotels, not only gathers the entire previous criterion but also adds a couple of stars.
This Wednesday was a tough day for both Boeing Co. and unionized machinists in Washington State; we might even call it a never ending day, since final outcome of the past events still isn’t familiar. What will happen with union’s 31,000 workers or Boeing’s presence in Washington State or even U.S. overall is still not familiar. The concern took place when Boeing Co machinists yesterday rejected an eight-year labor contract extension and outcome of the rejection could cause the end of Boeing’s 97-year presence in the state.
Many of you must have experienced already how it feels like when you have to postpone all of your plans on Sundays, since many things don’t work in the same way as they do during the week. For some of you Amazon decided not to keep you wait for that package you would really needed before Monday. So starting from this week Amazon package could knock on your doors even on Sundays.
On the 14th of March, California authorities issued an initial project which included a prime proposal to reform the Sacramento-San Joaquin Delta in an effort to secure water supply across the state. In addition, the documents of the Bay Delta Conservation Plan centrally focused on the California Governor Jerry Brown’s multi-billion suggestion to bring back the equipoise of the ecosystem and provide stable water supply for the state.
The Confederation of British Industry, UK’s leading lobbying organization, suggested that the forthcoming 2013 Budget should be centrally focused on creating around 50,000 new homes in order to reduce fiscal deficit. Moreover, the British Chambers of Commerce supported the plea put forward by the CBI to promote infrastructure.
Some unimaginably futuristic plans will never be pursued, but some will… Despite the fact that idea of the cities of the future is still more or less on paper, underwater hotels are going to get us closer to a vision of our fate. Even though the Rangali Islands Resort in the Maldives glories in the title of the world’s first “underwater hotel”, on the horizon there is a new project which will certainly be revolutionary – the World Discus Hotel as it is to be the largest underwater building.
Getting a chance to organize and host the 2014 Winter Olympics is one of few opportunities when Russia can show the whole world how big and powerful it is. And it is – nothing to sneeze at. Yet, the preparations for the 2014 Winter Olympics in Sochi amounted to record $50 billion. Billions of dollars are being spent to rebuild national prestige and pride
Even though the U.K. saw house prices drop for a sixth month in December, it has still true jewels which cannot be described as cheap and average at all. Lloyds TSB issued its annual list of most expensive streets in the U.K. Not surprisingly, London has once again outperformed other cities in the competition as all from the top ten are located in the capital of the U.K. According to the survey, residences located in Egerton Crescent, Kensington and Chelsea, London, are the costliest with the average house being valued at over £8 million
Dubai aims high as it has announced its plans to build the world’s biggest shopping mall and tallest hotel, not to mention gardens that are said to be larger than London’s Hyde Park. Dubai revives its property projects which have been postponed due to the global financial crisis. And it is not surprising that Dubai wants everything to be big as it always aims at showing off. So its big comeback is not unexpectedly revolving around the business of biggest.
On the 19th of November, Archstone Inc. stated that it expected to collect an amount of almost $3.45 billion in its first public offering. If the plans come true, the Archstone Inc.’s IPO will be, without a doubt, the largest commercial US real estate IPO of all time.
The UK construction sector shrunk for a second straight month in September as production and new orders continued to decline. The level of business morale was even closer to its lowest one when Britain entered recession in 2008. The PMI for UK construction sector, however, increased slightly to 49.5.
Manhattan inventory of properties for sales shrunk to the lowest level in seven years, creating one more obstacle for potential buyers. Owners have been deciding to refrain their properties as the prices on the market are flat. Despite a visible drop in Manhattan apartments inventory, the apartment sales grew in the third quarter of 2012 reaching the highest level since the financial crisis started; as demand strengthened.
Home prices continued rising in July across the United States. According to reports, home prices in the U.S. biggest cities have risen to the highest level in almost two years. A strong summer selling season has put the real estate market on its feet since the big estate bubble broke nearly 5 years ago. The real estate market in the U.S. has been stabilizing as sales and prices are up, and more homeowners do not have problems with paying their mortgage payments on time.
Lennar Corp., the third-largest U.S. homebuilder by revenue, reported higher fiscal third-quarter earnings as demand for new homes jumped. The Lennar Corp.’s earnings results are also sharply higher because of a tax benefit. Yet analysts are not too optimistic about the future of the company as they saw Lennar Corp.’s shares dropped.
Newbury Racecourse Plc has informed that it agreed to sell part of the land to David Wilson Homes, the property developer, who intends to build approximately 1,500 homes in the next 10 years.According to the deal, David Wilson will pay £42.6m for the land, with the proceeds funding new racecourse facilities as well.
A huge mansion, which is said to be most expensive in London, is for sale for the sum of £300 million. The Britain’s most expensive house, which is currently on sale, was the former residence of the Lebanese Prime Minister and Saudi crown prince. The house, 2-8a Rutland Gate with a view of Hyde Park, bullet-proof windows and an underground car park, is believed to be the most expensive one ever marketed in the Britain.
Philippine Airlines informed that it had signed a $7 billion contract to buy 54 Airbus jets as part of modernization program to meet higher demands for transporting both passengers and cargo in Asia, the Middle East and Australia. Moreover Philippine Airlines, the country's largest full-service carrier, announced that it planned to buy dozen more planes. Airbus won the $7 billion contract, beating Boeing Co. despite the U.S. support for Manila in a diplomatic dispute with the People’s Republic of China.
In the United States, the heavy and civil engineering sector added 3,700 hundred jobs in October. Although that is 50 percent than what the sector created at the same time a year ago, the heavy and civil engineering sector is still doing much better than most other sectors, such as specialty trade contracting, which lost over 22,000 jobs.