Bloomberg The UK housing market saw a surge in activity last month after a government tax break pushed sales to the highest in more than a decade, according to Rightmove. The property website said the number of agreed sales jumped in July, with the value hitting $48 billion. That’s the most since Rightmove began tracking the data over 10 years ...

Bloomberg California is bracing for another round of targeted blackouts on Monday as a heat wave continues to smother the region and power supplies run low. While the state’s grid operator said no outages were planned for Sunday night —sparing the region a third consecutive night of blackouts —the respite may be fleeting. The California Independent System Operator has warned ...

Bloomberg The Panama Canal is seeing signs of a rebound in global trade as ship transits recover from the depressed levels caused by the pandemic. Total transits through the waterway rose to 933 in July, from 845 in June, which was the fewest since the canal opened an expanded set of locks four years ago to accommodate bigger ships. Initial ...