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london

London Calls for Boston Properties

March 6, 2012

The office landlord is in negotiations to buy Drapers Gardens, a trophy office building in London’s financial district for $452.2 million.

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Bullish View of London’s Victoria

December 14, 2011

Britain’s biggest real-estate company is doubling down in London’s Victoria district.

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Non-U.K. Owners Hold Most of London’s City

November 23, 2011

Non-British investors own more than half the real estate in London’s financial district, the City, overtaking U.K. buyers for the first time.

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North American Buyers Revisit London

October 11, 2011

North American property buyers returned to the London real-estate market with gusto in the first half of 2011, but market watchers warn that interest may not be enough to stop values from falling in some areas.

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Mall Owner Tightens Global Grip

September 14, 2011

Westfield Group cemented its claim as a dominant shopping-mall owner on four continents, by opening its Westfield Stratford City shopping complex adjacent to the site of London’s 2012 Olympic Games.

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News Corp. to Sell London Site

September 6, 2011

News Corp.’s embattled U.K. newspaper division put its East London headquarters up for sale, after a turbulent 25-year history at the site.

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Orion to Build Prime London Housing Development

August 1, 2011

Orion Capital Managers said it has bought a slice of residential land to build one of London’s most expensive housing developments, in an effort to take advantage of foreign demand for luxurious properties which is boosting prices in prime areas of the capital.

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City of London’s Leasing Drop Poses Hurdles

June 28, 2011

After a surge of office leasing in the City of London last year, activity has declined, raising challenges to the new developments that have just opened or that are underway.

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UBS London Plans Dealt Blow

June 3, 2011

Plans to develop a new U.K. headquarters in London’s financial district for UBS were dealt a blow when an architectural watchdog recommended the existing site for protected status.

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Positive Signs for Canary Wharf

April 12, 2011

Despite lethargy in Songbird’s share price, recent stake increases by Qatar’s wealth fund and New York investor Simon Glick show confidence in the future of London’s Canary Wharf as a financial center.

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Lloyds’s Fenner Says Oil Demand ‘Fragile’: Audio

February 24, 2011

Feb. 24 (Bloomberg) — Sian Fenner, an economist at Lloyds Bank Corporate Markets in London, says demand for oil “is fragile at the moment” and “fundamentals suggest oil prices should be lower.”

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Tchilinguirian Says Higher Oil May Not Curb Economy: Audio

February 24, 2011

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Bob McKee Sees Middle East Affecting Markets for Weeks: Audio

February 22, 2011

Feb. 22 (Bloomberg) — Bob McKee, chief economist at Independent Strategy Ltd. in London, says unrest in the Middle East will continue to affect global markets for a few weeks.

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Daiwa’s Mehta Sees U.K. Inflation Closer to 2% in 2012: Audio

February 18, 2011

Feb. 18 (Bloomberg) — Hetal Mehta, an economist at Daiwa Capital Markets Europe in London, says she sees inflation in the United Kingdom falling back to two percent next year.

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Daiwa’s Mehta Sees U.K. Inflation Closer to 2% in 2012: Audio

February 18, 2011

Feb. 18 (Bloomberg) — Hetal Mehta, an economist at Daiwa Capital Markets Europe in London, says she sees inflation in the United Kingdom falling back to two percent next year.

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Medvedev Shows Off Sample Coin of New &lsquoWorld Currency&rsquo at G-8

February 16, 2011

By Lyubov Pronina July 10 (Bloomberg) — Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.” “Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.” The coin , which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.

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Nokia Sits Out Smartphone Revolution as Customers Flock to Apple IPhone 4

February 16, 2011

By Diana ben-Aaron June 17 (Bloomberg) — As Apple Inc.

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L.A.-San Francisco Bullet-Train Bidding Process May Begin Late Next Year

February 16, 2011

By Alan Ohnsman and Chris Cooper June 18 (Bloomberg) — California, the top recipient of funds from President Barack Obama ’s high-speed rail program, expects to issue a tender for a bullet-train line linking Los Angeles and San Francisco by late 2011. The state expects bids from about 10 trainmakers and construction may start as early as the first half of 2012, Quentin Kopp , a California High Speed Rail Authority board member, said in an interview in Los Angeles yesterday. The train will whisk passengers between the two cities, 432 miles apart, in less than 2 hours 40 minutes, according to the state-backed group’s website

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Independent Strategy’s McKee Sees Higher Treasury Yields: Audio

February 14, 2011

Feb. 14 (Bloomberg) — Bob McKee, chief economist at Independent Strategy Ltd. in London, says “a rise in treasury yields is very likely.”

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