Bloomberg US new-home construction rose for a second month and topped estimates in April in a sign of positive momentum for the housing sector at the start of the second quarter. Residential starts increased 5.7% to a 1.24 million annualised rate after a 1.7% gain in March that was previously reported as a drop, according to government figures. Permits, a ...

Bloomberg For London office developers at least, the Brexit waiting game is over. Developers mostly steered clear of doing new projects on spec in the political upheaval that followed the UK’s 2016 vote to leave the European Union. Now the surprising resilience of London’s office market, highlighted by technology giants like Alphabet Inc. committing to open new bases in the ...

Bloomberg The Palestinian Authority said it will boycott a conference launching the Trump administration’s Middle East peace plan because it’s focused on economic issues rather than the political disputes at the heart of the conflict with Israel. The White House announced that it will hold a conference in Bahrain next month to promote economic development in the Palestinian territories as ...