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British PM risks Brexit row over migration, trade

Bloomberg UK Prime Minister Theresa May will set out her plan for how a proposed Brexit transition period will work, stoking a potential new row with the European Union as she tries to keep different factions inside the Conservative Party on her side. May was expected to address Parliament around 3.30 pm London time on Monday, saying that after March ...

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London property market shines as sales climb

Bloomberg Prime London property has had a tough year, but there are signs that the slump is easing. The capital’s three most expensive boroughs—the City of Westminster, Camden, and Kensington and Chelsea—each saw sales jump by more than 20 percent in the third quarter from the same period in 2016, according to a report from LSL Acadata. The year-earlier period ...

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Oracle to buy Aconex for $1.19 billion

Bloomberg Oracle Corp. agreed to buy Aconex Ltd., an Australian company that makes cloud-based collaboration software for construction projects, for $1.19 billion cash as it pushes deeper in to new markets to gain more customers. The deal values Aconex at A $7.80 per share. Aconex shares surged 44 percent to A$7.63 at 11:09 am in Sydney trading. Oracle has been ...

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