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Barclays ‘new deal’ lesson in ‘shaky’ commodities world

  Bloomberg The outlook for most commodities remains shaky even after investors poured more than $50 billion into raw materials this year, and it may take fiscal stimulus to get things going, not more central bank easing, according to Barclays Plc, which reached for the history books to make a case. Additional monetary easing by the central banks is unlikely ...

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Oversupply beats Brexit as London office risk: UBS

  Bloomberg The wave of office buildings under construction in London is a bigger threat to rents and values than the risk of companies moving out after the UK’s vote to leave the European Union, according to UBS Group AG. “We saw a build-up of oversupply of office space long before Brexit which can’t be stopped,” Thomas Wels, global head ...

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Midea grabs 95% stake in German firm Kuka

  AFP Chinese appliance giant Midea said on Monday it had secured almost 95 percent of German robotics firm Kuka, in the face of European fears over losing control over the high-tech company. The company already held 13.51 percent of Kuka — a world-leading manufacturer of industrial robots — before its June offer of 115 euros per share, which valued ...

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