Bloomberg Ireland’s National Asset Management Agency plans to sell real estate loans with a face value of about 4 billion euros ($4.4 billion), two people with knowledge of the matter said. NAMA is expected to seek bids for the portfolio, known as Project Gem, toward the end of 2016 and the portfolio will sell at a substantial discount to ...

  Bloomberg It’s a good time to buy a home in New York’s Hamptons, especially for shoppers with more than $3 mn to spend. Sales of luxury homes in the area, known as Wall Street’s beachside retreat, fell 20 percent in the second quarter from a year earlier to 57 deals, while the number of high-end listings climbed, according to ...

  Eindhoven / AFP Former refugees Massoud and Mahmud Hassani stunned the world three years ago with an invention like a dandelion puffball that sought to rid the world of landmines. Now the Afghan brothers are back with their latest creation: a low-cost drone to detect and destroy mines, which each year claim thousands of lives. Ridding the world of ...