Bloomberg UK construction shrank the most since the financial crisis in July, with companies citing uncertainty related to Brexit for the continued weakness. Markit Economics said its Purchasing Managers Index for construction activity slipped to 45.9 from 46 in June. That’s the lowest since June 2009, when the economy was last in a recession. All three sectors — housing, ...

  Bloomberg Vonovia SE — Germany’s biggest residential landlord — raised its full-year earnings forecast for a second time, citing efficiency created by a string of acquisitions. Funds from operations excluding sales, a measure of a real estate company’s ability to generate cash, will be as much as 760 million euros ($848 million) this year, compared with a previous forecast ...

  AFP US construction spending fell for a third straight month in June with spending on nonresidential construction dropping by the largest amount in six months. Construction spending fell 0.6 percent in June following declines of 0.1 percent in May and 2.9 percent in April, the Commerce Department reported Monday. Nonresidential construction declined 1.3 percent, the biggest setback since December, ...

  Bloomberg Nintendo Co. appears to be benefiting from Pokemon Go after all, just not in the way investors had originally thought. The Kyoto-based company said last month it didn’t expect the app’s runaway success to have much direct effect on profits, but Pokemon Go seems to be casting a halo that is helping Nintendo’s other businesses. Shipments of Pokemon ...

  AFP Instagram said that is adding a new weapon for fighting harassment at the popular mobile app for sharing pictures and videos. The Facebook-owned social network began letting some celebrities and others with accounts that attract torrents of feedback filter those comments by keywords or even turn off the option to comment on particular posts. “Our goal is to ...

  Bloomberg Apple Inc. released a new application for the iPhone that lets users control their Apple TV set-top box, mimicking the functions of the Siri remote control. The app works with the latest Apple TV, which first went on sale in October. The iPhone app allows users to navigate the Apple TV using the smartphone’s touchscreen instead of a ...

  Bloomberg The decline in Apple Inc.’s share price over the past year has failed to deter one of Australia’s top performing equities managers from boosting its exposure to the iPhone maker and other technology firms as they embark on an “arms race” that’s set to upend global business. Magellan Financial Group Ltd.’s flagship fund is also betting on software ...

  AFP Deep in the heart of a medieval monastery in Nepal’s remote Upper Mustang region, the battle to restore sacred murals and preserve traditional Tibetan Buddhist culture is in full swing. Tsewang Jigme is among the artists toiling to safeguard the unique cultural heritage of this former Buddhist kingdom high on the Tibetan plateau, which escaped the ravages of ...

  Bloomberg The open office plan that everybody loves to hate is here to stay. The ideal seating plan still involves sitting almost on top of your co-workers, according to new research from Harvard Business School in collaboration with Cornerstone OnDemand. What changes, however, is who exactly sits next to whom. For two years, researchers followed the seating arrangements and ...

  DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum visited on Monday the headquarters of Abu Dhabi’s renewable energy company (Masdar), in the capital Abu Dhabi, where he toured Masdar City and reviewed major clean energy projects and initiatives. HH toured Masdar city, which hosts ...