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UK house prices drop 0.1% in June from May

Bloomberg UK house prices have slipped for a fourth month in June as the country started to emerge from lockdown. Average house prices fell 0.1% to an average of $300,000, Halifax said, the longest run of declines in a decade. From a year earlier, prices gained 2.5%. New mortgage inquiries rose 100% on the month. Britain is slowly lifting the ...

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Google, Amazon funnel $20mn to virus conspiracy sites

Bloomberg Digital advertising platforms run by Google, Amazon.com Inc. and other tech companies will funnel at least $25 million to websites spreading misinformation about Covid-19 this year, according to a study released Wednesday. Google’s platforms will provide $19 million, or $3 out of every $4 that the misinformation sites get in ad revenue. OpenX, a smaller digital ad distributor, handles ...

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European stocks erase losses, US futures climb

Bloomberg European stocks erased losses and US equity futures climbed as investors weighed prospects for the economy to recover during the pandemic. Telecom and health-care shares were among the biggest gainers in Europe. HSBC Holdings Plc slumped after a report that some of Donald Trump’s advisers proposed a move to destabilize Hong Kong’s currency peg to the dollar as a ...

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