(Reuters) - London's largest and most expensive office building, HSBC Holding Plc's global headquarters, is up for sale and could fetch over 1.1 billion pounds (1.85 billion) a record price for the British market, the Financial Times reported. The Canary Wharf-based 44-storey, 1.1 million square foot building is being marketed by estate agents JLL and GM Real Estate, according to sources familiar with the matter, the FT said. At the height of the British property boom in 2007, the HSBC tower became the most expensive building in London when it sold for 1.09 billion pounds. The FT said HSBC had a 13-year lease on the building and is committed to annual upward-only inflation-linked rent reviews, citing sources familiar with the tenancy arrangements.
Mesa (United States) (AFP) - Swimming superstar Michael Phelps finished second to old foe Ryan Lochte in the 100m butterfly in his first final since returning to the sport after 20 months out. Lochte led at the 50m mark and held on to win in 51.93sec -- second-fastest in the world this year -- while fellow American Phelps was second in 52.13, matching the fourth-fastest time of 2014. Phelps had made it look easy in posting the fastest time of the heats at the Mesa Grand Prix in Arizona, although he said his first race in nearly two years felt "strange." The 28-year-old, whose career has spanned four Olympics and included an astonishing 18 Olympic gold medals, looked dialed-in as he took to the blocks for the final, without the smile for the sell-out crowd of 1,200 at Skyline Aquatic Center that he had in the morning.