Monday , 20 April 2026

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Oil rises as Iran tension reignites supply woes

Bloomberg Oil pushed higher as Iran’s threats to retaliate over a seized crude tanker and problems with a North Sea pipeline kept investors wary of potential supply disruptions. Futures gained as much as 1.7 percent in New York on Monday. European powers urged Iran to reverse its decision to breach the levels of uranium enrichment permitted under the 2015 nuclear …

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Brookfield considering bid for EDP-Energias electricity assets

Bloomberg Brookfield Asset Management Inc. and Endesa SA are among companies weighing bids for a package of EDP-Energias de Portugal SA electricity assets that could fetch about 2 billion euros ($2.3 billion), people familiar with the matter said. The Portuguese utility is expecting initial bids later this month for about 2 gigawatts of hydroelectric power projects in Spain and Portugal, …

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Milan’s real estate prices surge as billionaires buy in

Bloomberg Real estate investors from Azerbaijan’s sovereign wealth fund to Blackstone Group Inc and UBS Group AG are cashing in on a surge in demand for prime Milan offices that’s pushing prices to new highs. A lack of development in Italy’s financial capital is driving up rents just as a scarcity of prime real estate in some western European cities …

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