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Bloomberg One of the world’s hottest housing markets is now cooling fast, sparking concern that a bubble is bursting after the rapid price increases over the past years. Average nationwide house prices fell seasonally adjusted 0.7 percent in June, declining for a second month, Real Estate Norway, Eiendomsverdi and Finn.no said on Wednesday in Oslo. Annual nationwide gains slowed to ...

Bloomberg Worldpay Group Plc, UK payment-processing firm that listed in London 2 years ago, said it has received preliminary takeover approaches from Vantiv Inc. and JPMorgan Chase & Co. Worldpay shares surged as much as 26 percent and were up 21.6 percent at 12:10 p.m. in London to 389.4 pence, giving the former payment-processing division of Royal Bank of Scotland ...

Bloomberg The United Nations Security Council was to hold an emergency meeting later Wednesday after the US confirmed North Korea’s rocket launch on July 4 was its first intercontinental ballistic missile. As North Korean leader Kim Jong Un bragged about sending more “gifts” to US President Donald Trump, South Korea and the US announced on Wednesday they had conducted a ...

Bloomberg Hamburg police skirmished with protesters ahead of this week’s Group of 20 summit, days before world leaders gather for the meeting hosted by Chancellor Angela Merkel. Police unleashed water cannon on demonstrators in Hamburg’s St. Pauli district late Monday after activists had set up camps for people gearing up to protest the G-20 meeting on Friday and Saturday, according ...

Bloomberg Estonian President Kersti Kaljulaid criticized politicians who pursue divisive political campaigns and disregard facts, setting the tone a day before she meets US President Donald Trump. Leaders who win office with the help of “post-truth” campaigns but can’t deliver on their promises will see their governments fail, Kaljulaid told a conference in the Latvian capital, Riga, Wednesday. From there, ...

Bloomberg Donald Trump’s encounter with Russian leader Vladimir Putin is raising concerns among veteran American diplomats and analysts about a mismatch between a US president new to global affairs and a wily former Soviet spymaster experienced in the long game of strategy and statecraft. Their highly anticipated meeting this week at the Group of 20 summit promises to set the ...

Bloomberg The five countries working together in the investigation of the shooting down of Malaysia Airlines Flight 17 in 2014 have picked the Netherlands as the country where suspects will be prosecuted. The choice for the Dutch legal system is an “important step” in the prosecution process as Australia, Belgium, Malaysia, the Netherlands and Ukraine are continuing their investigation, the ...

Bloomberg Opposing factions in South Africa’s ruling party battled to reach consensus on contentious policy proposals, including land seizures and mine ownership, at a six-day meeting that ended on Wednesday. They will continue sparring ahead of a December conference, where it will finalize its policies and elect new leaders. The African National Congress’s branches will continue debating whether legislation needs ...

The IS’s headquarters in Tabqa at the western gateway to Raqqah has been crushed like a sand castle by American bombs. At a dam complex on the Euphrates River where IS until May was torturing prisoners, all that’s left of the extremists are militant slogans scrawled on the wall and a pile of trash. It’s far too soon to say ...

If you bought $100 worth of the BSE 500 Index instead of MSCI India at the beginning of the year, you would have made about $5.50 extra. If you’re after exposure to the next China, then why not pocket a bit of extra cash? The MSCI lags because it still favours India’s information services companies and snubs the financial firms ...