Homeowners Look to Cash In On 2013 US Open

With the 2013 US Open at Merion Golf Club now less than a year away, nearby residents are looking to cash in on the convenient locations of their homes. Over 100 Ardmore, Merion and Wynnewood homes have already cropped up on Event Homes, a website where homeowners can rent their homes for major sporting events. Homes can be rented by the day or by the week.  The asking prices for local homes listed on Event Homes ranges from $250 per day—for a one bedroom located five miles from the course—to Read more [...]

China may let listed firms pay staff partly with stocks

SHANGHAI | Sun Aug 5, 2012 9:11pm EDT SHANGHAI (Reuters) - China's stock regulator is considering a scheme under which listed companies can buy back shares and use them pay up to 30 percent of wages and bonuses for staff, its latest move to help boost the country's sagging stock market. In draft rules published over the weekend, the China Securities Regulatory Commission (CSRC) said the shares issued to staff would have to be bought on the secondary market, Read more [...]

Olympic cycling – why do men’s and women’s events differ?

You’ll have noticed the distances ridden by female and male elite cyclists differ in some Olympic events and are identical in others, which raises the obvious question: why? If we really wanted to simplify things, we could say most of the differences between men’s and women’s sporting performances can be explained by discrepancies in body dimensions and body composition. Because men are larger and have a higher muscle mass than women, they can produce more power during Read more [...]

Whole outer-west Melbourne suburb – adjacent to dormant volcano – listed for …

An entire undeveloped outer-west Melbourne suburb adjacent to Mt Atkinson has been listed for sale. Mt Atkinson is a "dormant shield volcano" – a volcano made up of runny magma that forms a cone that has a flattened dome-like shape – and it together with nearby Mount Cottrell, also a dormant volcano, are the only elevated parts of otherwise flat terrain in the region. The volcano itself sits on private land, rising just 100 metres, with the intended suburb to be developed on the contours of Read more [...]

Manor Drive Home Listed at $1.35M

Even in the middle of summer, the real estate market remained active, with dozens of open houses scheduled for Sunday. And no wonder — houses have been selling, moving listings into sales, and mortgage rates keep dipping ever lower. As of the middle of last week, on July 31, Zillow(R) Mortgage Marketplace reported that the 30-year fixed mortgage rate was 3.34 percent, down one basis point from 3.35 percent at the same time the previous week. That rate represents the lowest rate reported since Read more [...]

Set To Music in the spotlight for the British Stallion Studs EBF Chalice …

Set To Music in the spotlight for the British Stallion Studs EBF Chalice Stakes (Listed Race) (Fillies And Mares) The four to look out for in the British Stallion Studs EBF Chalice Stakes (Listed Race) (Fillies And Mares) are Set To Music, Albamara, Khione and Naseem Alyasmeen. The field of eight three-year and above runners will race through the mile, four furlong and five yard at Newbury on Sunday, 5th August. The prize money set for the race is £18,714. The most experienced and Read more [...]

Talking Horses | Chris Cook

Chester abandoned midway through cardSunday afternoon's card at Chester was abandoned due to a waterlogged track midway through racing. Three races took place with Mark Johnston's Van Ellis winning the M S Bank Queensferry Stakes but just before 3.30pm the course was hit by torrential rain. Initially racing was delayed by 30 minutes but soon after the card was called off. In no time at all puddles formed on the track leaving officials with no choice but to abandon. PAChris Cook's selectionsWhat Read more [...]

JSW Steel plans LSE listing of foreign assets

Sajjan Jindal-led JSW Steel plans to consolidate its international operations under one roof and list them on the London Stock Exchange (LSE), sources said.The consolidation and then listing on the LSE are likely to happen by the end of the current financial year or thereafter and will depend on market conditions, they said.Company officials could not be reached for comments.Vedanta Resources and Essar Energy are two other Indian firms that are listed on the LSE.JSW, which is one of the largest Read more [...]