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U.S. markets recover from steep losses
LONDON, May 22 (UPI) -- A London mansion with a price tag of $229.9 million has found a buyer, sources said Thursday.
The Kensington Palace Gardens mansion belonging to hedge fund mogul Noam Gottesman will sell for more than $15,700 a square foot, The Times of London reported.
The sale to billionaire Lakshmi Mittal will make it one of the most expensive homes ever sold, selling far above the previous record for London, which was $157 million.
Mittal is reputedly buying the home for his son, Aditya, 32, who wants to stay in the Kensington Palace Gardens area, where several billionaires reside, the Times reported.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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