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U. S. homebuilders have indicated that they are increasingly optimistic about strengthening sales in the housing markets.

The National Association of Home Builders and Wells Fargo builder sentiment index increased to 57 during the month compared to 51 in June recording its third monthly gain. High sentiment indicates that the builders are expecting high sales and would increase construction of homes in the country. A rating of more than 50 on the index indicates that more number of homebuilders expect good sales conditions.

Guardian News & Media, which owns The Guardian and the Observer of the UK, has said that it has recorded an underlying loss of £30.9 million.

Regulator of the energy markets in the US has imposed a fine of $487.9 million on Barclays Plc and four former traders for manipulating the energy markets.

Heathrow Airport of London is set to release more details relating to the proposed third runway at the site for expansion.

Mumbai, July 17 - India's fastest runner, the legendary Milkha Singh, is running very fast again, this time at the box office. The bio-pic on his life "Bhaag Milkha Bhaag" has created a global stir and the sprinter is bowled over by Farhan Akhtar's depiction of him in the movie.

The simple-hearted legendary athlete cannot hide his glee at the turn of events.