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Brexit drives UK housing to weakest in six years

Bloomberg The Brexit battering of the UK housing market has no end in sight. An index of prices by the Royal Institution of Chartered Surveyors slipped in November to the weakest level since 2012, while the outlook for pricing and sales for the next three month slumped. The persistent uncertainty around Britain’s impending exit from the European Union was the ...

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Blackstone, KKR vie for $1bn Cosco terminal

Bloomberg Cosco Shipping Holdings Co’s sale of a container terminal in Long Beach, California has drawn interest from potential buyers including Blackstone Group LP and KKR & Co, people familiar with the matter said. EQT Partners and an arm of Macquarie Group Ltd have also been studying a deal for the asset, the people said, asking not to be identified ...

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J&J ready to pay more than $400 million in hip cases

Bloomberg Johnson & Johnson is willing to pay more than $400 million to settle some of the thousands of consumers’ allegations that the company sold defective artificial hips and hid the health risks of the devices, people familiar with the negotiations said. The world’s largest health-care products maker has settled, or is in the process of settling, about 3,300 of ...

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