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New Navy submarine completes trials

MILAN, Italy, Dec. 7 (UPI) -- An investment fund in Italy said it had agreed to buy 37.5 percent of British luxury sports carmaker Aston Martin for $245.7 million.
The stake will be purchased by Andrea Bonomi's InvestIndustrial in a deal with Aston Martin's parent company, Kuwaiti investment group DAR, ANSA reported Friday.
InvestIndustrial is the group that sold motorcycle company Ducati to Audi in April, the news agency said.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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