June, 2016

• 12 June

  Brexit outcome too close to call with undecideds seen as key

  

    Bloomberg   British public opinion is too close to call on whether the country should stay in the European Union, with many voters still undecided as interest groups and political leaders make their cases, according to two polls released this weekend. An online survey by Opinium for the Observer newspaper showed 44 percent support Britain remaining in the 28-nation …

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• 12 June

  ‘Please don’t go,’ Germany’s leading magazine urges Britons

  

    Bloomberg Germany’s biggest news magazine Der Spiegel threw its hat into the Brexit ring with a special edition, thicker and cheaper than usual, adorned with an image of the Union Jack and the German plea “Bitte geht nicht!” or “Please don’t go!” The issue that hit newsstands on Saturday costs 2 pounds, rather than the usual 5.20, in Britain …

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• 12 June

  Greek TV stations face sign-off in licensing row

  

    AFP Greece is in the grip of a row over television, with the government under attack for plans to slash the number of private channels in a sector that was hit hard by the financial crisis. Authorities say they want to clean up an industry known for its workforce exploitation and rumoured under-the-table deals between media moguls, bankers and …

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• 12 June

  Don’t be caught off guard in ‘Bremain’ relief rally: Nordea

  

    Bloomberg With some polls showing Britain might vote to leave the EU in less than two weeks, investors are increasingly being told to adjust their portfolios to gird for a so-called Brexit. But Nordea, Scandinavia’s biggest bank, says it might also be wise to prepare for the relief rally that would follow the June 23 referendum should Britons choose …

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• 12 June

  Auto giants see road to riches by investing in sharing services

  

    Bloomberg Auto giants are racing to invest in car- and ride-sharing services, lured by the prospect of fat profits yet to be tapped from a billion cars on the world’s roads. A typical car spends 95 percent of its life at a standstill, industry analysts say, making it a vastly under-utilised, depreciating asset. There may be big money waiting, …

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• 12 June

  British realtors join ‘Remain’ camp as Brexit tensions rise

  

    Bloomberg Britain’s biggest property firms including Barratt Developments Plc and Canary Wharf Group Plc are the latest to take a stand on U.K. membership in the European Union less than two weeks before a vote, saying a decision to leave would hinder development projects and raise the cost to build new homes. In an open letter released on Saturday, …

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• 12 June

  UK house prices drop for 1st time since 2012

  

    Bloomberg U.K. house prices look set to dip for the first time since 2012 amid uncertainty before Britain’s vote on European Union membership and as a new tax on buy-to-let properties and second homes kicks in. Home prices in central London are already falling, according to May data from the Royal Institution of Chartered Surveyors. While they continue to …

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• 12 June

  About 36,000 affordable housing units on offer in India’s Gurgaon

  

    Tribune News service Almost two years after the Affordable Housing Scheme was launched in India’s Haryana, scores of developers have come up with a wide range of housing options in an ‘achievable’ price range of Rs17-24 lakh. About 36,000 apartments of 400-600 sq feet are up for sale in the district. Many of these projects have already commenced with …

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• 12 June

  Rebuilding poised to lift Canadian city scorched by wildfires

  

    AP After shuttering his lumber mill for nearly a month when it was surrounded by raging fires in northern Alberta, Northland Forest Products Ltd. President Howard Ewashko sees a silver lining: a pickup in business from rebuilding what was lost. “It certainly helps to have a solid market to sell into when you’ve gone through something like this,” Ewashko …

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• 11 June

  Europe invests big in Abu Dhabi

    ABU DHABI / WAM Director of Foreign Trade and Export Support at the Abu Dhabi Department of Economic Development, Adeeb Al Afifi, said European countries accounted for 40.7 per cent of all foreign direct investment in the emirate of Abu Dhabi in 2014. He was speaking before representatives of the European Union, Abu Dhabi Quality and Conformity Council, the …

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