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Inland American to sell 52 hotels for $1.1 billion
2014-09-18 17:06:21| Real Estate - Topix.net
Inland American Real Estate Trust Inc., which is in the process of spinning off its hotel business, said Thursday that is selling 52 of its hotels to a joint venture for about $1.1 billion. The buyers are real estate investment trusts NorthStar Realty Finance Corp. and Chatham Lodging Trust.
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World population may hit 11 billion by 2100: study
2014-09-18 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: The world population may grow larger than previously estimated, reaching 11 billion people by century's end, according to a UN-led analysis published Thursday. That would mean two billion more people on Earth than expected by 2100, largely due to high birth rates in Africa, said the report in the US journal Science. "The consensus over the past 20 years or so was that world population, which is currently around seven billion, would go up to nine billion and level off or probably decline," said...
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Green aid test for U.N. climate summit as poor seek $15 billion
2014-09-18 11:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A U.N. summit on climate change next week will test rich nations' willingness to fill a near-empty fund to help the poor, but pledges are likely to be far short of developing nations' hopes for $15 billion in 2014. Emerging nations say that cash for the Green Climate Fund (GCF), meant to help the poor with projects to curb rising greenhouse gas emissions and adapt to heatwaves, floods and rising seas, is vital to combat global warming. U.N. Secretary-General Ban Ki-moon wants more than 120 world...
Hyundai Motor Group bids over $10 billion for Seoul plot
2014-09-18 07:35:16| Automakers - Topix.net
Hyundai Motor Group bid 10.55 trillion won for a plot of land in Seoul's high-end Gangnam district, far higher than expected, beating out Samsung Electronics Co Ltd for the trophy property. The site, which currently houses Korea Electric Power's headquarters, had an appraised value of a little more than $3 billion and was offered in South Korea's biggest single land auction by price.
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Nearly 1 billion TV sets Internet connected by 2020
2014-09-17 09:00:50| Digital TV News
The number of TV sets connected to the Internet will reach 965 million by 2020, up from 103 million at end-2010 and the 339 million expected at end-2014, according to a report from Digital TV Research.
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