Million dollar houses on the rise in UK

The number of million dollar houses is on the rise in the UK, according to the latest research. The report, from Investec Specialist Private Bank, found that there was an 11 per cent increase year-on-year in the number of expensive UK properties during the third quarter of 2011. There were 21,982 properties with a value of over £1 million on the market over the last three months, a significantly...

Petrobras New Wells Top 200,000 BBL. Per Day 2 Days After Production Starts

This December, the combined daily output of Petrobras and its partners exceeded 200,000 barrels of oil equivalent (oil and gas) per day in the Santos Basin. Brazil´s current production is 2,572,000 BBD, ranking 9th in the world prior to the new well coming on line. Petrobras management has said its business plan calls for doubling production  by 2020 which would place Brazil fourth in the...

Twilight stars celebrity house avoids public listings

Twilight stars Robert Pattinson and Kristen Stewart are selling their home in Los Angeles. The couple, famous for their on-screen romance in Stephenie Meyer’s popular vampire series, have been renting an LA house for several months this year, but have now decided to move out. As a result, the Bel-Air property is now listed on the market, reports the Los Angeles Times, although many buyers...

Houses for sale in Barbados are transparent

Overseas buyers looking at houses for sale in Barbados should be reassured that the property market is transparent, according to a new report. The 2011 Corruption Perceptions Index, released this week, ranked Barbados one of the most transparent countries in the region. Canada was ranked in first place, but Barbados was a strong runner up in the report by Transparency International, “a global...

Bruce Willis leads this week’s celebrity homes for sale

This week, Bruce Willis listed his Idaho ski property on the market. Willis’ lakeside ranch, the latest of this month’s celebrity homes for sale, spans 20 acres and sits in Hailey, frequently empty. The lack of time spent by the actor in the home is the reason for him selling, his agent told The Wall Street Journal. The 8,400 square foot home was bought by the Die Hard actor...

Vale To Invest US$ 563 in Pecem, Ceara Steel Mill

Rio de Janeiro, RJ 29 November, 2011 Ã¢â‚¬â€œ Vale, the Brazilian mining giant and largest producer of iron ore in the world, released its investment plan for 2012 with US $ 563 Million marked for the new steel Mill at Pecém, Ceará. Vale will own 50% of a joint venture called CSP, Pecém Steel Company, together with two South Korean firms, Dongkuk with a 30% stake, and...