OUR STAFF REPORTERLAHORE - The CNG and power shortage has constantly been driving up the petrol demand in the country, as the circular debt has weighed heavily on the operating environment of the OMCs while the gas curtailment is turning out to be a blessing in disguise for them. Furnace oil sales continues to remain suppress in July while Motor Spirit sales touched record high of 250k tons, up by a colossal 33.7 per cent as compared to last year.According to industry sources, it is estimated Read more [...]

An unidentified Russian buyer has bought the U.K.’s most expensive home for about 140 million pounds ($228 million), the Financial Times reported. The 300-year-old Park Place country home near Henley is a Grade II-listed property which once belonged to the eldest son of George II, the newspaper said, without saying where it got its information. The property was sold by developer Michael Spink, the FT said. The previous record property sale was in April for a 136 million-pound Read more [...]

This West Hollywood property, once home to Orson Welles, has recently been listed for $1.285 million. In just two weeks, notes the LA Times, a sale is already pending. The legendary Orson Welles, best known for "Citizen Kane," "Lady From Shanghai," and the 1938 radio broadcasting of "War Of The Worlds," lived in this property during the last Read more [...]

At the time it was the most expensive house bought outside London. The developer has spent several million pounds undertaking extensive renovations of the property, which had a decaying exterior and was run down. He is also developing a second 300-acre phase of the estate, which is not part of the sale, The property, which backs on to the Thames river, was put on the market in 2006 for £45 million after plans to turn it into a luxury country club were rejected by Wokingham Read more [...]