Berlin beats London for investors buying prime property

Bloomberg If you’re looking to make money at the top of the housing market, head to the tech hubs. Prime properties — broadly defined as the top 5% of residences in a market — in areas like San Francisco, Shenzhen and Berlin have outperformed cities such as New York, Singapore and Paris over the past five years, according to data ...

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Fresh out of power, Mahathir plots Malaysia comeback

Bloomberg Mahathir Mohamad may be at least temporarily out of power, but the 94-year-old leader isn’t going down without a fight. Mahathir’s abrupt resignation kicked off a week of horse-trading that saw his fortunes rise and fall by the hour. He said he had the numbers to form a government, but by late afternoon the king appointed Muhyiddin Yassin — ...

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Trump says first US virus death was ‘high-risk patient’

Bloomberg The first person in the US to die from the novel coronavirus was a man in Washington state, authorities confirmed, after President Donald Trump briefed the nation on his administration’s response and urged people not to panic. Trump, at a press conference at the White House, described the victim was “a medically high-risk patient in her late 50s,” adding ...

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Japan virus woes pose threat to Abe

Bloomberg Shinzo Abe has overcome countless political perils on the road to becoming Japan’s longest-serving prime minister. He may have met his match with the coronavirus. In a sign of mounting concern, Abe abandoned his relatively mild approach to the epidemic last week with a shock announcement urging schools to shut nationwide from Monday. The move sent millions of parents ...

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Slovak anti-graft parties surprise with vote win

Bloomberg Slovak anti-corruption parties — propelled by lingering anger at the killing of an investigative reporter two years ago — scored an unexpectedly large majority in elections. Four groups, led by Ordinary People, garnered 45% of votes, which would represent 95 mandates in the 150-seat parliament, results from nearly all election districts showed. They’ve vowed to join forces to dislodge ...

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Sanders looking to knock out Warren on her home turf

Bloomberg Bernie Sanders is looking to deliver a knock-out blow to his progressive competitor Elizabeth Warren on Super Tuesday by winning the primary on her home turf of Massachusetts. Sanders, the national front-runner, is making an aggressive push in the Bay State in the last few days before the March 3 Democratic ballot. He held a rally there last week ...

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Tear gas, petrol bombs return to HK protests

Bloomberg Hong Kong police fired tear gas to disperse protesters who returned to the city streets for a rally that turned violent. Protesters gathered outside Mong Kok police station in Kowloon and paralysed traffic, the Hong Kong government said in a statement. The demonstrators threw petrol bombs and set fire to barricades, according to the statement. Police used pepper spray ...

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Trump’s coronavirus press conference wasn’t reassuring

Believe it or not, I was all ready to praise Donald Trump this time. I really thought when he announced a press conference that he would manage to stick to a reasonable script, and there were very promising rumors that he was prepared to make an excellent choice for a new coronavirus czar. Why? Because so much was on the ...

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Winters give bank stability amid virus

Standard Chartered Plc may have many failings. At least it has a leader. The London-based emerging markets bank run by Bill Winters hasn’t had the best of years, and the outlook, with so much exposure to virus-affected Hong Kong, is looking grim. It does, though, have a stable team, led by a CEO about to complete five years in the ...

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Xerox is edging closer to fixing its HP printer jam

Carl Icahn looks increasingly likely to get his way, even if it’s not on his own terms. The activist investor’s fingerprints appear all over Xerox Holdings Corp.’s $35 billion attempt to acquire HP Inc. But it always looked as if he might prefer the deal to happen the other way around. Indeed, he pitched an acquisition of Xerox to HP ...

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