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London skyscraper rents jump as vacancies fall to 15-year low

  Bloomberg Office rents in London’s skyscrapers rose almost 10 percent in the second half of last year as city-center vacancies fell to a 15-year low, according to an index compiled by broker Knight Frank LLP, and are set to continue climbing. Annual skyscraper rents in the U.K. capital surged to $126 per square foot because of rising demand for ...

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Oman builds industrial outpost in desert to escape oil dependency

  REUTERS On a stretch of barren coast 550 km south of the capital Muscat, workers at a ship repair yard swarm over cargo vessels from around the world, labour that will help to determine Oman’s fate in an era of cheap oil. The yard, owned by the government’s Oman Drydock Co and operated by South Korea’s Daewoo Shipbuilding & ...

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Donald Trump, Clinton score huge wins in New York primary

  New York / AFP Billionaire Donald Trump and former secretary of state Hillary Clinton won sweeping victories in the New York primary, bolstering their bids to secure the Republican and Democratic nominations for the White House. It was the most decisive New York primary in decades and leaves self-styled democratic socialist Bernie Sanders with a tough decision on how ...

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