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Bloomberg Sales of previously owned US homes remained robust in January as low borrowing costs and higher wages continue to make purchasing attainable. Contract closings eased 1.3% from the prior month to a 5.46 million annual rate, according to National Association of Realtors data that slightly exceeded the median estimate in Bloomberg’s survey. The median sales price climbed 6.8% from ...

Bloomberg Your sleek new Tesla Model S or electronic BMW has a distinctly 19th century feature that you may not be aware of, among its batteries. A company in Estonia wants to change that. Skeleton Technologies Group OU is working on supercapacitors, light-weight and long-life components that can distribute intensive bursts of power. These may help eliminate lead-acid batteries, a ...

Bloomberg Donald Trump’s top security aide said he’s seen no evidence that Russia is interfering in the 2020 US election in an effort to support the president’s re-election bid. On the other hand, National Security Adviser Robert O’Brien told ABC News that it would be “no surprise” if Moscow was trying to help Senator Bernie Sanders win the election, as ...

Bloomberg A woman in her 60s has tested positive for the coronavirus after disembarking from the cruise ship docked in Yokohama following a two-week quarantine, according to a statement from the Tochigi prefecture. The patient, who tested negative for the virus on February 14 on board the Diamond Princess, returned to her home in the Tochigi prefecture, near Tokyo, on ...

Bloomberg President Donald Trump anticipates a hero’s welcome in India on Monday, but the glitzy events filling his two-day visit with PM Narendra Modi will paper over growing trade frictions. The visit is intended to strengthen the personal relationship between Trump and Modi, a fellow nationalist whose country is regarded by the US as an important regional counterweight against China. ...

Bloomberg Germany has been mired in political turmoil, and a regional vote on Sunday to give an early indication of the fallout. Chancellor Angela Merkel’s succession plan collapsed on February 10 when her chosen heir, Annegret Kramp-Karrenbauer, unexpectedly announced she would resign as head of the Christian Democratic Union (CDU). Voters in the city-state of Hamburg were going to the ...

Bloomberg The British government plans to reject a European Union decision to lift sanctions on the wife of the late Zimbabwean President Robert Mugabe, suggesting its approach to financially targeting foreign individuals will diverge from the bloc’s, the Sunday Telegraph reports. The UK suspended an order freezing the assets of Grace Mugabe after the EU’s decision last week, because it’s ...

Bloomberg Anwar Ibrahim, the political leader touted as Malaysia’s next premier, said there are attempts to topple the ruling Pakatan Harapan (PH) coalition which are being orchestrated by members of his own party along with PM Mahathir Mohamad’s political group. Anwar, who is president of the People’s Justice Party (PKR), said some in his group and Mahathir’s Bersatu party met with ...

Bloomberg South Korean President Moon Jae-in raised the country’s infectious-disease alert level to the highest and signalled the potential for unprecedented steps to contain a coronavirus outbreak that has killed six and infected hundreds. The government ordered that schools delay resuming lessons after a holiday break as more than 600 people were confirmed to have been infected, a 20-fold surge ...

Bloomberg Australia’s government will work to set new long-term plans on reducing greenhouse gas emissions ahead of a key global summit this year, though signalled it won’t pursue policies that pose risks to jobs or growth. Prime Minister Scott Morrison, who has faced pressure over his climate and energy strategy in the wake of Australia’s deadly wildfires, has criticised opponents ...