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. ...

Bloomberg Hedge funds are giving OPEC some credit again. Following four weeks of growing pessimism, bets on rising West Texas Intermediate prices jumped the most this year just as Saudi Arabia and Russia were mustering support for the deal they struck in Vienna last week, US Commodity Futures Trading Commission data show. What happens to US stockpiles will be key ...