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London office vacancies increase as company moves leave holes

Bloomberg Modern office buildings are all the rage in central London, with a swath of companies including UBS Group AG moving into new premises in the last 12 months. The problem for landlords is finding someone to replace them. A growing number of unoccupied older properties caused the overall office vacancy rate to climb to 5.8 percent at the end ...

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Caution reigns as US politics turmoil takes center stage

Bloomberg Growing concerns over the turmoil engulfing President Donald Trump’s administration weighed on risk appetite, boosting the yen and gold and sending stocks lower. Oil gained as more producers backed the extension of supply cuts. S&P 500 Index futures declined with European and Asian equities on reports that Trump asked FBI Director James Comey to drop an investigation into former ...

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Real estate sector lifts Egypt stock markets

DUBAI / Reuters Egypt’s stock market outperformed its Gulf peers on Wednesday on the back of strong first-quarter earnings and positive news from a real estate developer, while Saudi Arabia saw increased activity as traders took positions ahead of Ramadan. Egypt’s index rose 1.0 percent as real estate firm Sixth of October Development (SODIC) jumped 4.2 percent to a four-month ...

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