Author: InvestAdvocate

Luxury property shortage hits London neighbourhoods

By Agency Reporter Thursday, 10 Feb 2011 LONDON: The scarcity of luxury houses and apartments on the market in neighbourhoods like Belgravia and Knightsbridge has prevented many from trading up to larger properties. Instead, they’re adding the kind of amenities often found in new developments, ranging from wine cellars and home […]

WikiLeaks: Saudis running out of oil

By Brett Michael Dykes The latest startling revelation to come via documents leaked to Julian Assange’s muckraking website and published by The Guardian is should give pause to every suburban SUV-driver: U.S. officials think Saudi Arabia is overpromising on its capacity to supply oil to a fuel-thirsty world.   That sets up a scenario, the documents […]

AOL to buy The Huffington Post for $315m

By Agency Reporter Wednesday, 9 Feb 2011 WASHINGTON/NEW YORK: AOL Incorporation will buy Arianna Huffington’s influential website for $315m, looking to the high-profile liberal pundit to rescue it from the dustbin of Internet history. The move, announced on Monday, comes at a hefty premium. AOL is estimated to be paying 32 […]