​​The presidential yacht for Saddam Hussein​, ​dubbed "Basrah Breeze," will now be enjoyed by the pilots who guide shipping in and out of the southern Iraqi city of Basra.

A French-based hotel chain has announced a deal worth nearly $3 billion to acquire the luxury Fairmont, Raffles and Swissotel brands from the property arm of a major Ontario pension plan and investment companies in Qatar and Saudi Arabia.