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Norway’s housing market downturn gathers pace

Bloomberg One of the world’s hottest housing markets is now cooling fast, sparking concern that a bubble is bursting after the rapid price increases over the past years. Average nationwide house prices fell seasonally adjusted 0.7 percent in June, declining for a second month, Real Estate Norway, Eiendomsverdi and Finn.no said on Wednesday in Oslo. Annual nationwide gains slowed to ...

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Worldpay soars amid takeover interest from Vantiv, JPMorgan

Bloomberg Worldpay Group Plc, UK payment-processing firm that listed in London 2 years ago, said it has received preliminary takeover approaches from Vantiv Inc. and JPMorgan Chase & Co. Worldpay shares surged as much as 26 percent and were up 21.6 percent at 12:10 p.m. in London to 389.4 pence, giving the former payment-processing division of Royal Bank of Scotland ...

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UN meets on NKorea as US confirms rocket was ICBM

Bloomberg The United Nations Security Council was to hold an emergency meeting later Wednesday after the US confirmed North Korea’s rocket launch on July 4 was its first intercontinental ballistic missile. As North Korean leader Kim Jong Un bragged about sending more “gifts” to US President Donald Trump, South Korea and the US announced on Wednesday they had conducted a ...

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