Bloomberg A rise in US tariffs on Canadian softwood will help drive an increase in lumber exports to China and other Asian markets, Canada’s top trade official said. “There’s an enormous opportunity,” said Trade Minister Francois-Philippe Champagne in an interview in Singapore. “Diversification is the key, that’s why Canada has an ambitious trade agenda.” With other Canadian industries also bracing …

Bloomberg On the less fashionable fringes of London, home sellers are quickly finding out just what the market can bear. Buyers fleeing the capital’s costly center turned peripheral boroughs into London’s hottest property markets. Now, more sellers in those areas are being forced to cut their prices after values quickly outstripped the spending power of the average buyer. The number …

Bloomberg Russia is pressing ahead with its biggest-ever auction for renewable energy, seeking to award contracts to purchase 1.9 gigawatts of clean electricity as well as attracting foreign investment to support jobs at home. The government tender starting on Monday has attracted the interest of For-tum Oyj, Finland’s largest energy com- pany, which is prequalified to participate in the auction. …