Prices of houses in Greater Toronto Area surge by 27.7%
Re-sale housing prices saw this winter a dramatic growth of 27.7% in Toronto area, Canada, The Star reports. Last month the price reached $875,983, compared to the previous period last year, and $105,238 more than in January.
Police searches Caterpillar offices in Illinois
On Thursday, police arrived in headquarters of Caterpillar, an American corporation developing, producing and selling machinery, engines, financial products and insurance, to conduct a search within an investigation over its Swiss subsidiary CSARL.
Trump International Hotel is burning
On Friday morning, a fire broke out at Trump International Hotel and Tower, The News York Daily News reports with the reference to local authorities.
Greece asks World Bank for financial aid to tackle unemployment
The Greek authorities have asked the World Bank for financial aid in the amount of 3 billion euro to address the issue of high unemployment in the country, The Wall Street Journal reports, citing anonymous representatives of the Greek government.
UK needs to insulate 25 million houses until 2050
About 25 million homes in the United Kingdom will not meet the standards of thermal insulation by the middle of this century, according to a report prepared for the UK Parliament.
Spanish builders rush to European equipment auctions
Spanish construction firms increasingly participate in equipment auctions, and in 2016, a total of 1,017 Spanish buyers participated in auctions outside Spain, what is 22% more than in 2015, Bloomberg reports on Friday.