Bloomberg Sales of London homes under construction rose as developers lowered asking prices for the first time since 2010. About 6,900 of the properties were sold in the first quarter, the most in three years, with about 30 percent snapped up by institutional investors betting on rental properties, according to a report by Molior London seen by Bloomberg News. Londoners ...

Bloomberg North Korea leader Kim Jong-un has promised to close his main nuclear weapons test site in May and said he will invite South Korean and American media to witness the shutdown. Ahead of an historic meeting with US President Donald Trump expected within the next three to four weeks, Kim told South Korea’s president that two tunnels at the ...

Bloomberg Donald Trump took on most of his usual targets at a campaign-style rally on April 28, including Democrats, the media and former FBI Director James Comey, and urged his supporters to vote in midterm elections to prevent a rollback of his policies. The president spoke in Washington, Michigan, on Saturday night as members of the media gathered in the ...

Bloomberg Ministers rallied to the defense of beleaguered UK Home Secretary Amber Rudd as she prepared to face lawmakers on Monday in a House of Commons appearance that could make or break her career. Already under pressure over the status of post-World War II immigrants from the Caribbean, Rudd will defend her claim last week that she didn’t know about ...

Bloomberg Romania is heading into another bout of tension after President Klaus Iohannis called for the prime minister to step down because of a spat over foreign policy and the budget. Fighting between Iohannis and the ruling party has been a dominant feature of the European Union nation’s political scene since the Social Democrats swept to power in 2016. They’ve ...

Bloomberg Italian political preferences are becoming more right wing as a political impasse in the country drags on two months after a general election, according to a poll published in La Repubblica. Support for Matteo Salvini’s League was close to 22 percent compared to 17.4 percent at the March 4 election, according to the survey, which was conducted by Demos ...

The joke doing the rounds at last week’s spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington was that central banks are looking into cryptocurrencies so that their governors have something to say when they go to conferences and are asked about Bitcoin. Okay, it’s not that funny. But it says something about how nervous ...

How much is your privacy on Facebook worth? This question has seen renewed attention following the revelation that political analysis firm Cambridge Analytica, hired by the Trump election campaign, gained access to the private information of more than 50 million users. One of the possible responses that’s generated some discussion is the creation of a paid tier that’s free of ...

For a company that no longer makes mobile phones, it’s odd that Nokia Oyj is making almost all of its money from them. The world’s biggest mobile phone maker before the iPhone came along in 2007, the Finnish company’s main business is now communications networks – in theory. That business was responsible for some 88 percent of revenue in the ...

President Donald Trump’s handling of the trade relationship with China poses a threat both to the US and to the world economy — but even his harshest critics agree with him on one thing. China’s bid to dominate the high-tech industries of the future often bends or breaks the rules of liberal international commerce, and needs to be checked. What’s ...