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NAIROBI, Kenya (AP) — Gas explosions at an industrial building in Kenya's capital sent a huge plume of fiery smoke rising over homes early Friday and injured at least 29 people, authorities said. Nairobi residents who took several videos with their phones were heard speaking in concerned tones, some of them screaming. Government spokesman Isaac Mwaura said a company was refilling gas cylinders when the fire started and it badly damaged the building where the company was based. Kenya Red Cross ferried 29 injured people, the organization posted on its X social media account. The proximity of the industrial company to residences raised questions about enforcement of city plans.
Persons: Isaac Mwaura Organizations: , Kenya Red Cross Locations: NAIROBI, Kenya, Nairobi
Read previewLuxury hotels in Thailand will be hosting "The White Lotus" season three cast in February, and they're just as swanky as the last locations. That means travelers have a limited amount of time to book their luxurious hotel stays before they get the "White Lotus" treatment from fans. It boasts 83 pool villas designed after a Southern Thai village, award-winning Japanese restaurant Tree House, and Muay Thai kickboxing lessons. While season one of "White Lotus" was airing, web traffic to the Four Seasons Maui went up 425% year over year. If a luxe trip to Thailand is on your travel bucket list, you have until 2025 to book your stay at the resorts before "White Lotus" fans are rushing to plan similar vacations.
Persons: , Ken Seet, Koh, Anantara didn't, Hopper Organizations: Service, Business, HBO, Bloomberg, Koh, Tree, Ken Seet Staff, Maui Locations: Thailand, Khao Villas Phuket, Anantara, Phuket, Southern Thai, Thai, Sicily, Domenico Palace
SANTA FE, N.M. (AP) — An effort to modernize state oversight of a thriving petroleum industry in the nation's No. 2 state for oil production advanced past its first committee vetting Thursday at the New Mexico Legislature. The bill also would give regulators greater authority over applications to transfer ownership of wells that often change hands when oil and natural gas output declines. The Democratic-led Legislature and governor are being sued over alleged failures to meet constitutional provisions for protecting against oil and gas pollution, as fed-up residents living near oil wells and environmental groups turn to the judiciary for relief. Voting against the bill, Republican state Rep. Larry Scott of Hobbs, said the initiative represents an existential threat to small-scale oil and natural gas producers, echoing concerns raised by several businesses.
Persons: Bill cosponsor Rep, Matthew McQueen, Galisteo, we’re, , “ We’ve, We’re, Gail Evans, Nathan Small, , Ahtza Chavez, Lujan Grisham, “ They’ve, Chavez, Larry Scott, Hobbs, Scott Organizations: SANTA FE, New, New Mexico Legislature, Gas, Occidental Petroleum, EOG Resources, Land Office, Democratic, Center for Biological Diversity, Pueblo Action Alliance, Youth United, Las, Gov, Republican Locations: SANTA, New Mexico, Las Cruces, Albuquerque
Read previewThings are looking up — way up — for Oklahoma City. A California real-estate development firm said it wants to build the tallest tower in the US on an L-shaped plot in the Sooner State capital that currently holds a mundane parking lot. In December, Matteson Capital filed plans for an already eye-popping 1,750-foot-tall building for the site, located in a downtown Oklahoma City neighborhood called Bricktown. The current tallest building in the US is New York City's One World Trade Center, which stands at a patriotic 1,776 feet. AdvertisementDon't get too excited: To build a structure this big in Oklahoma City — where the current tallest building is the 844-foot-tall Devon Tower, home to a regional oil and natural gas company — Matteson will need to get city approval.
Persons: Organizations: Service, Oklahoma City, Sooner State, Business, Matteson, Trade Center, Oklahoma City —, Oklahoma City Free Press, Free Press Locations: , California, Sooner, Oklahoma City, Oklahoma, New York, Devon, Bricktown
By Steve Gorman(Reuters) - A man who fatally shot eight people in Illinois over the weekend before taking own life as law enforcement closed in on him in Texas was a family relative to most of his victims, but his motives remain a mystery, police said on Tuesday. The suspect, 23-year-old Romeo Nance, shot himself to death on Monday night as U.S. marshals gave chase outside a gasoline station near San Antonio, Texas, ending a manhunt that began 24 hours earlier about 1,200 miles (1,930 km) to the north outside Chicago, police said. Will County sheriff's deputies tied that slaying to the getaway car used in the nearby shooting of another man who survived his attack with a leg wound. Dan Jungles, deputy chief sheriff, said Nance had an "extensive criminal history" but that getting answers to the killings may ultimately confound investigators. "We may never know the truth of the motive behind these senseless killings," he said.
Persons: Steve Gorman, Romeo Nance, Nance, Williams Evans, Evans, Dan, Stephen Coates Organizations: Reuters, Joliet Police Locations: Illinois, Texas, San Antonio , Texas, Chicago, Joliet , Illinois, Nigerian, Will County, Los Angeles
A man was arrested near Taylor Swift's townhome in New York on Saturday. Witnesses told the New York Post that the man tried to enter the singer's home. Swift spent Sunday in Buffalo for a Chiefs game, making it unclear whether she was at home during the arrest. Witnesses said the man tried but failed to enter the superstar's townhouse in the early afternoon, Page Six reported. The Tribeca townhouse has been the scene of several other break-ins and attempts when Swift wasn't there, including some by alleged stalkers.
Persons: Taylor, townhome, Witnesses, Swift, , Travis Kelce, Travis, Jason Kelce, wouldn't Organizations: New York Post, Chiefs, Service, Tribeca, Police, Authorities, Highmark, Kansas City Chiefs, New York, Bills, Business Locations: New York, Buffalo, New York City, Brooklyn, Tribeca, Beverly Hills , California, Rhode Island
A man was arrested near Taylor Swift's townhome in New York on Saturday. Witnesses told the New York Post that the man tried to enter the singer's home. Swift was in Buffalo for a Chiefs game Sunday; it's unclear whether she was home during the arrest. Witnesses said the man tried but failed to enter the superstar's townhouse in the early afternoon, Page Six reported. The Tribeca townhouse has been the scene of several other break-ins and attempts when Swift wasn't there, with some suspects accused of stalking.
Persons: Taylor, townhome, Witnesses, Swift, , he'd, Travis Kelce, Jason Kelce, Travis, wouldn't, Swift didn't Organizations: New York Post, Chiefs, Service, Tribeca, Sunday, Authorities, Highmark, Kansas City Chiefs, New York, Bills Locations: New York, Buffalo, New York City, Brooklyn, Tribeca, Beverly Hills , California, Watch Hill, Rhode Island
Read previewIsraeli forces have dropped leaflets in Gaza asking residents for help finding hostages taken by Hamas on October 7, as bombardment of the besieged strip continues. The leaflets dropped in Rafah, in the south of the Gaza strip, on Saturday featured photos of 33 hostages with their names written in Arabic. Please make the call if you recognize one of them," the leaflets read , per Reuters. Hamas took around 240 hostages to Gaza from Israel after its surprise attack in October. The families of Israeli hostages have also called on Israeli President Benjamin Netanyahu to find a solution to free the remaining hostages.
Persons: , Abu Ali, Netanyahu, Israel, Benjamin Netanyahu Organizations: Service, Business, Hamas, Reuters, Israel Defense Forces, Palestinian, Gaza Health Ministry, United Nations Locations: Gaza, Rafah, Israel
NEW YORK (AP) — Taylor Swift's townhouse in New York City appears to have been the target of another break-in attempt, this time by a man who was arrested near the singer's Tribeca home Saturday as police responded to a report of a disorderly person. Witnesses said the man tried but failed to enter the townhouse in the early afternoon, the New York Post reported. Political Cartoons View All 253 ImagesThe Tribeca townhouse has been the scene of several other break-ins and attempts when Swift wasn't there, including some by alleged stalkers. In 2022, a man was charged with trespassing and stalking after authorities said he entered two Tribeca residences linked to Swift. Also that year, a man was arrested for crashing a car into the townhouse and reportedly told police he wouldn't leave until he met with Swift.
Persons: — Taylor, Witnesses, Travis Kelce, Swift, wouldn't Organizations: Tribeca, New York Post, Police, Authorities, Kansas City Chiefs, Buffalo Bills, NFL, Swift Locations: New York City, Brooklyn, Buffalo , New York, Beverly Hills , California, Rhode Island
How the three-year cruise fell apart
  + stars: | 2024-01-20 | by ( Julia Buckley | ) edition.cnn.com   time to read: +22 min
CNN —In April 2023, George Fox was gearing up for the adventure of a lifetime: a three-year cruise taking him around the world. The high hopes and eventual failure of the Life at Sea cruise reads a bit like a Greek tragedy. When Miray objected, he resigned, along with much of his team, and told passengers the cruise was off. When the cruise was canceled in November, Bayramoğlu told passengers that only 111 cabins were booked. On October 24, Miray’s PR spokesperson told CNN that the departure date had been moved to November 30.
Persons: CNN —, George Fox, , , , Miray, who’d, Meredith Shay, Shay, she’d, Jenny Phenix, I’d, Mikael Petterson, Petterson, “ I’ve, Ethem, Miray’s, “ Vedat, ’ ”, Vedat, Cruises, hadn’t, Kendra Holmes –, , Petterson –, they’d, Bayramoğlu, Sharon Lane, she’s, ” Shay, ” Holmes, Marit Hommedal, NTB Scanpix, Noel Hansen, Kendra Holmes, Hansen, ’ ” Hansen, ’ Rebecca Varner, Lorna Bolduc, Rebecca Varner, Holmes, Bonnie Kelter, Kelter, Varner, Ugurlu, Phenix, “ I’m, couldn’t, ’ George Fox, he'd, Bolduc, Miray’s Bayramoğlu, ” Miray, who’s, ” Hansen Organizations: CNN, Fox, Miray Cruises, Cruises, Passengers, Gemini, Carnival, Facebook, Life, Getty, US Foreign Service, , Miray’s, , Miray Locations: Istanbul, , Turkey, Florida, Germany, Bayramoğlu, Petterson, AFP, Clermont , Florida, Costa Rica, New Jersey, Maine, that’s, Miami, Europe, Ecuador, Southern Florida
The Aeternitas Tower, officially unveiled at a launch event last week, will be the world’s tallest residential clocktower at a staggering 450 meters (1,476 feet) tall — more than four times the height of London’s Big Ben, and just 22 meters (72 feet) short of the world’s tallest residential building, the Central Park Tower in New York City. Set to become the world’s second-tallest clock tower (after the Makkah Clock Royal Tower in Mecca, Saudi Arabia), Aeternitas Tower is the result of a partnership between Dubai-based real estate developer London Gate and Swiss luxury watch manufacturer Franck Muller. The Aeternitas Tower will have amenities for residents such as gym, yoga studio, cinema, and swimming pool, pictured in this digital rendering. London GateA booming marketThe Aeternitas Tower is part of a growing trend in Dubai. The design for Aeternitas Tower was officially unveiled at a launch event on January 9 2024, at the Ritz-Carlton Dubai (pictured).
Persons: Big Ben, Franck Muller, Tom Hill, , Franck Muller Aeternitas, Erol Baliyan, Franck Muller’s, Karl Lagerfeld, “ We’ve, Carlton Dubai Organizations: CNN, CNN —, London Gate, Marina, Research, Benz, London, Ritz, Carlton Locations: CNN — Dubai, New York City, Makkah, Mecca, Saudi Arabia, Dubai, Dubai Marina, East, Africa, Swiss, London, Emirate,
The Aeternitas Tower, officially unveiled at a launch event last week, will be the world’s tallest residential clock tower at a staggering 450 meters (1,476 feet) tall — more than four times the height of London’s Big Ben, and just 22 meters (72 feet) short of the world’s tallest residential building, the Central Park Tower in New York City. Set to become the world’s second-tallest clock tower (after the Makkah Clock Royal Tower in Mecca, Saudi Arabia), Aeternitas Tower is the result of a partnership between Dubai-based real estate developer London Gate and Swiss luxury watch manufacturer Franck Muller. The Aeternitas Tower will have amenities for residents such as gym, yoga studio, cinema, and swimming pool, pictured in this digital rendering. London GateA booming marketThe Aeternitas Tower is part of a growing trend in Dubai. The design for Aeternitas Tower was officially unveiled at a launch event on January 9 2024, at the Ritz-Carlton Dubai (pictured).
Persons: Big Ben, Franck Muller, Tom Hill, , Franck Muller Aeternitas, Erol Baliyan, Franck Muller’s, Karl Lagerfeld, “ We’ve, Carlton Dubai Organizations: CNN, CNN —, London Gate, Marina, Research, Benz, London, Ritz, Carlton Locations: CNN — Dubai, New York City, Makkah, Mecca, Saudi Arabia, Dubai, Dubai Marina, East, Africa, Swiss, London, Emirate,
After all their economic misfortune, they'll still face a turbulent housing market and potentially tens of thousands of dollars' worth of necessary updates to boomers' aging houses. In his 2022 paper, "Who will buy the baby boomers' homes when they leave them? ", Engelhardt argued that mass aging would send ripples through the housing market but fail to push down prices significantly. After that point, demand for home purchases will once again outpace supply as millennials buy more homes and younger generations, like Gen Z and Gen Alpha, file in behind them. The timing of boomers' exit will mostly benefit younger generations, like Gen Z and Gen Alpha, who should find themselves on steadier footing than their predecessors.
Persons: Xers, they've, Zers, they'll, Odeta Kushi, Kushi, Gary Engelhardt, Engelhardt, Issi Romem, Meredith Whitney, Boomers, Gen Zers —, Gen, who've, millennials, boomers, Jessica Lautz, Nicole Bachaud, They've, Redfin, Alpha, they're, Lautz, savvier, Zoomers, James Rodriguez Organizations: millennials, Syracuse University, Boomers, Federal Reserve, Alpha, National Association of Realtors Locations: granny, New York, Los Angeles, Chicago, Dallas
Prevesk moved to Florida in 2018 for a business opportunity after his mother died. The constant heat and "disingenuous" lifestyle he's experienced in Florida have pushed him to look for residences in California once again — and he's willing to pay up. He knew as a kid that moving to Florida or California would be the goal. Still, neither Florida nor California has given him the sense of community he had in New York. AdvertisementIn addition to Southern California, Prevesk is also potentially looking to move to Colorado or Utah for their nature and similar cost of living to Florida.
Persons: , Steve Prevesk, Prevesk, I've, California Prevesk, he's, He's, staters, haven't Organizations: Service, Sarasota, Business, Santa Monica, Studio Locations: Los Angeles, Western New York, Florida, California, , Miami, Tampa, Orlando, New York, Sarasota, Studio City, Santa, Southern California, Prevesk, Colorado, Utah
Experts in housing, building, and urban planning say it may be difficult to convert office space to livable, likeable residential housing, but there’s an urgent reason they’re trying. More office space is sitting empty in the United States than at any point since 1979, Moody’s Analytics reported earlier this week. By some estimates, only 3% of New York City office buildings and 2% in downtown Denver are suited for residential conversions. Office space and homes are two fundamentally different types of buildings, according to builders and architects. Do you have another building where you can move them?”As result, according to Theodos, office conversions are not a solution to either the empty office glut or the housing supply shortage.
Persons: Biden, , Harold Bordwin, Keen, Brett Theodos, ” Bordwin, , ” Maren Reepmeyer, ” Theodos, , Nathaniel Meyersohn, Donald Judd Organizations: DC CNN, Moody’s, National Association of Realtors, Summit Capital Partners, Metropolitan Housing, Policy Center, Urban Institute, , CBRE, Wacker, Chicago Business Locations: Washington, New York, Boston, Cleveland, United States, Manhattan, , New York City, Denver, Chicago, Theodos
Scientists found a group of lost cities dating back thousands of years in the Amazon rainforest. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementArchaeologists discovered a group of cities that the Amazon jungle had hidden for thousands of years in Ecuador, The Associated Press reported. "It was a lost valley of cities," Rostain told The AP.
Persons: , Antoine Dorison, Rostain, Dorison, Michael Heckenberger Organizations: Service, Associated Press, National Centre for Scientific Research, New, BBC, University of Florida Locations: Ecuador, France
Washington, DC CNN —Mortgage rates ticked up this week for the second week in a row, but remain more than a full percentage point lower than their high last year. The 30-year fixed-rate mortgage averaged 6.66% in the week ending January 11, up from 6.62% the previous week, according to data from Freddie Mac released Thursday. When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. Lower mortgage rates expected to bring new inventoryWhile mortgage rates trending lower is welcome news for homebuyers, those in the market are still dealing with the double whammy of low inventory and high home prices that continue to rise. But, she added, the pace of mortgage rates declining is likely to be slower going forward than the dramatic nine-week drop at the end of 2023.
Persons: Freddie Mac, who’ve, , Sam Khater, Freddie Mac’s, That’s, Jiayi Xu, Xu Organizations: DC CNN —, , Federal, Treasury Locations: Washington
The new architecture set to shape the world in 2024
  + stars: | 2024-01-10 | by ( Oscar Holland | ) edition.cnn.com   time to read: +11 min
Kéré’s Berlin-based firm says the building’s top-heavy appearance was inspired by the palaver tree, which traditionally served as a meeting place. Designed for developer s2e Technologies by US architecture firm Gensler, the four circular residential structures can accommodate a combined 84 households. But it is perhaps Bjarke Ingels, founder of Danish design firm BIG, that has had the greatest impact on the city’s once modest skyline. The first restored sections are set to be ready in time for this summer’s Paris Olympics. Norwegian architecture firm Snøhetta and local practice Blight Rayner — who together beat more than 20 entries in an international competition — say that the design was inspired by the flow of the Brisbane River.
Persons: David Chipperfield, Francis Kéré, Kéré, China Stefano Boeri, Bosco, Stefano Boeri, Mestres Wåge, Nicolai Tangen, NBBJ, Dror, EPIQ, Ecuador Uribe Schwarzkopf, Bjarke, Moshe Safdie, Jean Nouvel, Ma Yansong, Ingels, France Chatillon Architectes, Notre Dame isn’t, Chatillon, Nikken Sekkei, , , Blight Rayner —, Aunty Lilla Watson Organizations: CNN, superlatives, Malaysia’s, Benin National Assembly, Forest, Kunstsilo, Keppel South, Enclave, s2e Technologies, Bjarke Ingels, BIG, UNESCO, Heritage, Notre Dame, Palais, Beaux -, Chatillon Architects, UAE Kerzner, United, “ Michelin, New York Times, Gang, Queensland Performing Arts Centre, Queensland Performing Arts Locations: India, Benin, Porto, Novo, Burkina Faso, Kéré’s Berlin, Nanjing, China, Milan, Italy, Europe, China’s, Kristiansand, Norway, Norwegian, Keppel, Keppel South Central, Singapore, London, Canada, London , Ontario, Quito, Ecuador, Bjarke Ingels Quito, Parque La Carolina, Paris, France, Dubai, UAE, United Arab Emirates, Hotel, Denver, USA, Denver , Colorado, Urban, Brisbane, Australia, Australian
A new study found that it's possible to make accurate predictions about a person's death using a subset of AI known as machine learning. The dataset includes health records, salary, working hours, residences, and more. Using that data, the researchers created a deep-learning model called "life2vec" to map out detailed sequences of an individual's life events, according to the study. They focused on using individuals between the ages of 30 and 55 — when mortality is harder to predict. Google has also been working on AI technology that can predict a person's death by analyzing health records.
Persons: , Sune Lehmann, Life2vec, life2vec, that's, Lehmann Organizations: Service, Business, Technical University of Denmark, CNN, Google Locations: Denmark
CHANNELVIEW, Texas — For nearly 20 years, Texas environmental regulators have kept a disturbing secret. AdvertisementTexas Community Health News; Texas Commission on Environmental Quality"Any exposure to a carcinogen increases your risk of developing cancer. AdvertisementTim Doty, a former TCEQ mobile air monitoring expert, at the industrial edge of River Terrace Park in Channelview, Texas. In fact, the agency rarely fines companies that violate Texas air pollution laws. Mark FelixHoneycutt's toxicology division soon took an even more dramatic step to weaken Texas' benzene guidelines.
Persons: Loren Hopkins, Hopkins, Mark Felix, TCEQ, AirToxScreen, AirToxScreen Harris County Attorney Christian Menefee, Menefee, Tim Doty, Doty, Solv, He'd, Glenn Shankle, Kelly Keel, Todd Riddle, Riddle, Lopez, Joe Lopez, Dora, Joel Lopez, Randy Lopez, It's, Joel, Felix Benzene, wildcatters, Houston —, Forbes, Lorenzo de Zavala, Alison Cohen, Cohen, Tim Doty's, Houston Mayor Bill White, Shankle, Michael Honeycutt, Valerie Meyers, Meyers, Mark Felix Meyers, Richard Hyde, John Sadlier, Ryder, Hyde, hadn't, Russell Allen, Matt Baker, Jacintoport, Cloelle Danforth, Public Health Watch —, Danforth, Mark Felix Honeycutt's, Eric Schaeffer, Schaeffer, Honeycutt, Jim Tarr, polluters, upended, Mark Felix Fracking, Barnett, Glenn Shankle —, , Rick Perry, Perry, Sadlier, David Bower, misstep, Baker, Bower, Michael Burgess, Greg Abbott, Abbott, Mark Felix Meanwhile, Randy, That's, Carolyn Stone, Stone, Carolyn Stone's, Mark Felix The, Cynthia Benson, Benson, Mark Felix Tim Doty, Mark Felix K, Jordan Gass Organizations: Public Health Watch, Texas Commission, Environmental, American Petroleum Institute, Oceanic, Atmospheric Administration, U.S . Navy, Geospatial - Intelligence Agency, General, Health, Public Health, Rice University, Environmental Protection Agency, Texas Community Health, AirToxScreen Harris County Attorney, polluters, Mark Felix Public Health, TCEQ, Solv, Mark Felix Public Health Watch, myelodysplasia, Houston, Oil, Gas Watch, Texas, Houston Ship, University of California, Houston Mayor, ., . Texas Community Health, NASA, Exxon Mobil, Public, Watch, Environmental Defense Fund, Management, Civil, Air Alliance Houston, Republican, Fort, United, Texas toxicologist, EPA, Texas Tribune, Google, Land Office, . Geological Survey, National Oceanic, Firefighters, U.S . Occupational Safety, Health Administration, Channelview, Improvement Coalition, Health Watch, San Jacinto, K, Texas Legislature, Solv Group, Services Locations: , Texas, Texas, Houston, Channelview's Jacintoport, San Jacinto, California, Jacintoport, Channelview , Texas, AirToxScreen Harris County, Channelview, Harris County, United States, North Channelview, Gulf, Terrace, Joel's, Houston , Texas, Spindletop, Mexico, Republic of Texas, Port of Houston, San Francisco, . Texas, That's, polluters, lacquers, Dallas, Fort Worth, Fort Worth City, Austin, Round, Minnesota, Galveston, U.S
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at some of the recent big changes at McDonald's, including the launch of a new restaurant concept. AdvertisementCold foam and oat milk are big business, as drink modifiers add up to roughly $1 billion in revenue for Starbucks. McDonald's app has grown over the years, with over 57 million active members, but it still leaves much to be desired. To be sure, 10 CosMc's is not even a drop in the bucket of McDonald's 40,000-plus restaurant empire.
Persons: , I'm, Joe Ciolli, Iman Jalali, Nancy Luna, It's, McDonald's, Nancy, CosMc's, Jamie Dimon, Jerome Powell, Jose Luis Magana, Ryan Detrick, Niklas Halle'n, Rebecca Zisser, Jeff Bezos, OpenAI's Ilya Sutskever doesn't, Sam Altman's, hasn't, Elon Musk's, Ben Bergman, Adam Neumann's, Insider's Ben Bergman, Z, Donald Trump, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Starbucks, Nancy, McDonalds, McDonald's, Reserve, Banking, Housing, Urban Affairs, Capitol, Carson Group, Getty Images, San, Sutskever, Visual China, Getty, Fort, Trump Organization, Trump Organization . Golden Globe Locations: Chicago, , Illinois, Texas, Washington, AFP, San Francisco, Fort Lauderdale, New York City, San Diego, London, New York
Dubai penthouse sells for record $136 million
  + stars: | 2023-12-05 | by ( Jacopo Prisco | ) edition.cnn.com   time to read: +6 min
CNN —A five-bedroom penthouse covering almost 22,000 square feet has sold in Dubai for 500 million UAE dirhams — just over $136 million — setting a new record for one of the world’s busiest luxury real estate markets. Record salesThe previous record for a penthouse sale in Dubai dates back just a few months, when an apartment occupying the top floor of the Marsa Al Arab Hotel sold for 420 million UAE dirhams (about $114 million). According to Provident Estate, the penthouse at Como Residences is the third most expensive in the world, after Penthouse D at One Hyde Park in London, priced at $237 million, and the Odeon Tower Penthouse in Monaco, priced at $440 million. Shutterstock Palm Jumeirah also boasts the first monorail in the Middle East, which opened in April 2009, and connects the Palm to Dubai's mainland. But when it comes to the asking price for a penthouse, the view is one of the key drivers.
Persons: CNN —, Nahkeel, Karim Sahib, Giuseppe Cacace, Shutterstock, Kamran Jebreili, , Chris Boswell, he’s, ” Boswell, , it’s Organizations: CNN, UAE dirhams —, Jumeirah, Provident Estate, Marsa Al Arab, UAE, Como Residences, Penthouse, Dubai Marina, Getty, Burj Locations: Dubai, Como, Marsa, Hyde, London, Monaco, Burj Al Arab, Burj, Eastern Europe, Dubai's, Nakheel, AFP, Karim, Burj Al, United States, Italy, France
That helped India expand at a forecast-beating 7.6%, making it one of the world's fastest-growing major economies. It has been driven by rising incomes for many Indians, a severe housing shortage in big cities and strong population growth. Builders are bullish long-term with many saying the boom could last two to three years and some even more optimistic. "The housing market could continue to perform well for another three to four years," Sanjeev Jain, managing director at Parsvnath Developers, a leading real estate company, noting that India is in the initial stages of a housing growth cycle. The government is also trying to boost the availability of affordable housing by providing subsidies, which is encouraging construction in India's smaller towns and cities.
Persons: Nifty, Sunil Sinha, Sanjeev Jain, Prashant Thakur, Jayesh Rathod, Narendra Modi's, Manoj Kumar, Nigam, Ira Dugal, Edwina Gibbs Organizations: DELHI, Fitch, Builders, Parsvnath Developers, Reuters, Graphics, Advisory, Prestige Estates, DLF, Reuters Graphics, Thomson Locations: India, China, Mumbai, New Delhi, Bangalore, rocketed, Thane, Tamil Nadu, Karnataka, Gujarat
Israel has been using AI to help it figure out which targets to strike in Gaza. Now several years old, the operation was created to increase the number of available Hamas targets. The Israeli military said that in the hours since, it has already struck over 200 targets in the Gaza Strip. It first began operating in 2019 as a way to find and identify more Hamas targets in the Gaza Strip. Photo by Fadi Alwhidi/Anadolu via Getty ImagesIt's unclear exactly what data and intelligence goes into the AI system.
Persons: , KHATIB, MENAHEM KAHANA, Fadi Alwhidi, isn't, Alisa Kaff Organizations: Service, Israel Defense Forces, Getty, IDF, Guardian, Islamic, Pentagon, US State Department, Israeli Air Force Locations: Israel, Gaza, Rafah, AFP, Aviv, Anadolu, Ukraine, China, Screengrab
Windsor Castle, one of the royal family's official residences, is decorated for Christmas. The 20-foot Christmas tree features a star for the 675th anniversary of the Order of the Garter. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe royal family usually spends Christmas at Sandringham House in Norfolk, but it's Windsor Castle that gets fully decked out for the holidays. Take a look at how members of the Royal Collection Trust have decorated the historic royal residence for Christmas.
Persons: Organizations: Garter, Waterloo Chamber, Garter Service, Service, Sandringham House, Royal Collection Locations: Windsor, Waterloo, Norfolk
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