Buy in 2016; Best Luxury Cars

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There are, however, perfect cars for certain situations—SUVs for rolling with friends, convertibles for sunny days, town cars for drivers to take you to meetings.

The trick is knowing which model in a given segment and price range is best suited to what you need. Every year it changes, too. Some models get upgraded and refreshed, others fall behind as their maker focuses on new endeavors.
This year we saw plenty of both. Tesla gave us “Ludicrous Mode” on its latest Model S sedan, and Ferrari gave us new turbocharging technology on its 488 stunner; Cadillac replaced the SRX SUV line with the forthcoming XT5, and BMW dropped the “long wheelbase” distinction on its biggest 7-Series sedans.

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Petronet Revise LNG Contract to Lower Indian Prices

Gold Silver Reports – Qatar’s RasGas Co. agreed to cut the price of gas it supplies to Petronet LNG Ltd. by almost half from Friday under an existing 25-year contract with India’s biggest gas importer.

Under the revised terms, Petronet will pay RasGas $6 to $7 per million British thermal units, compared with about $13 earlier, India’s Oil Minister Dharmendra Pradhan told reporters in New Delhi on Thursday. A penalty for taking less-than-contracted volumes this year amounting to about 120 billion rupees ($1.8 billion) on Petronet has been waived by the Qatari company, he said.

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Fire Breaks Out in Luxury Dubai Hotel

Fire Breaks Out in Luxury Dubai Hotel
Fire Breaks Out in Luxury Dubai Hotel

Gold Silver Reports – A fire engulfed a luxury hotel in downtown Dubai close to the Burj Khalifa tower where thousands of people gathered for a New Year’s Eve fireworks display.

Authorities evacuated all guests out of the Address Downtown Dubai hotel, Civil Defense official Rashid al-Matroushi told al-Arabiya television late on Thursday. Fifteen people sustained light to moderate injuries, while one person suffered a heart attack, according to the Dubai media office. A fireworks show continued as scheduled at about midnight, meters away from where the hotel fire was still going but appeared to be losing intensity.

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LIVE: Massive Fire At 63-Story Hotel In Dubai

DUBAI FIRE – WATCH LIVE: – Cause unclear – Started on 20th floor – No word on injuries yet https://t.co/HTqaDVCjhR pic.twitter.com/E01TqozYs0 — Breaking News Feed (@pzf) December 31, 2015