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Bloomberg UK house-price growth remained subdued last month as values in London and the southeast continued to fall, according to Nationwide Building Society. June saw a year-on-year increase of just 0.5 percent, a seventh straight month below 1 percent. That compares with increases of around 2 percent a year earlier. The uncertainty arising from Britain’s departure from the European Union ...

Bloomberg Sweden’s main employer group is preparing to defend the key pillar of the Nordic country’s labour market against a brewing union wage rebellion. The deal setting industrial workers salaries as a benchmark for overall wages is crucial in maintaining Sweden’s welfare state and is the envy of competitors, according to Fredrik Persson, chairman of the Confederation of Swedish Enterprise. ...

Bloomberg To understand why investors have soured on Tesla Inc this year, consider one of the thousands of deliveries that took place as the the electric-car maker was gunning for a record for the number of vehicles it handed over in a quarter. John Hanna, who splays his fandom for Elon Musk’s companies on his Twitter profile, ordered a Model ...

Bloomberg The Trump administration hasn’t revealed the full details of its Middle East peace plan in order to prevent “spoilers” from undermining it, US special envoy Jason Greenblatt said days after a US-backed economic conference in Bahrain sought to drum up support for American peace efforts. “We understand we’re protecting something extremely delicate,” Greenblatt said at the IDC Herzliya Conference ...

Bloomberg Support for Italy’s anti-migrant League continues to rise and it’s now close to giving the party a potential Parliamentary majority if the country were to vote again. A new SWG poll aired by La7 television found that support for Matteo Salvini’s party rose to a record 38 percent, and very close to the 40 percent seen by analysts as ...

Bloomberg The Spanish parliament will vote July 23 on Pedro Sanchez’s bid to lead a new government as he attempts to break the deadlock caused by the inconclusive result of April’s general election. Sanchez, Spain’s acting prime minister, telephoned Parliament Speaker Meritxell Batet and they agreed to start the investiture debate, she said in a briefing. Should Sanchez fail to ...

Bloomberg Iraq moved to curtail the power of Iran-backed militias by putting them under the formal command of the military, in an apparent attempt to limit the country’s exposure to an escalating showdown between the Islamic Republic and the US. The Popular Mobilization Forces, an umbrella group of militias founded to fight IS militants, are now “an inseparable part” of ...

Bloomberg Jeremy Hunt said he would “100% not” suspend parliament to force through a no-deal Brexit, drawing a dividing line with Boris Johnson as the two men entered the last days of campaigning before Tory activists start voting for the UK’s next prime minister. Hunt’s commitment — a direct challenge to Johnson — helped win the backing of former Foreign ...

Bloomberg President Rodrigo Duterte’s eldest child Paolo Duterte said he may join the race to head the Philippines’ House of Representatives. “The House is divided. I might be able to help unite it,” Paolo, first district representative in Davao, said in a statement released on Facebook. The president’s son and former Davao vice mayor is proposing that three lawmakers from ...

While any global meeting that involves Donald Trump has the capacity to surprise, one thing was virtually certain about the weekend’s G-20 summit in Osaka, Japan: The gathered leaders issued a pious call to work together to shore up growth, trade and the global financial system. The challenge they face is much bigger than that, however. And good intentions aren’t ...