Ethiopia's telecommunications regulator awarded one operating licence to a consortium led by Kenya's Safaricom Vodafone, and Japan's Sumitomo Brook Taye, a senior adviser at the finance ministry, said on Saturday.
By Reuters Staff
1 Min Read
BERLIN, May 12 (Reuters) - Germany plans to make landlords shoulder half of the CO2 price burden related to heating costs which will arise from new legislation setting out more ambitious CO2 emission reduction targets, a government document showed on Wednesday.
Chancellor Angela Merkel’s cabinet is expected to approve the draft legislation on Wednesday in response to a landmark ruling last month from the country’s top court. (Reporting by Markus Wacket Writing by Madeline Chambers Editing by Riham Alkousaa)
By Reuters Staff
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NEW YORK (Reuters) - The amount of workspace available to lease in Manhattan rose to an all-time high in April as demand in the premier U.S. office market was 27% lower than a year ago even as rental prices continued to fall, brokerage data showed on Monday.
The availability rate for office space in Manhattan rose for the 11th consecutive month in April to a record 16.5%, according to Colliers International. Availability above 10% on the island is considered a renter’s market.
Leasing activity in Manhattan decreased 46% from March and was 75% lower from the monthly average in the banner year of 2019, suggesting the market still has a long way to recover.
By Reuters Staff SSEC -0.3%, CSI300 -0.7%
SHANGHAI, April 6 (Reuters) - China stocks retreated on Tuesday, pressured by healthcare and consumer companies, as solid economic data raised worries of policy tightening. The CSI300 index fell 0.7% to 5,128.01 points at the end of the morning session, while the Shanghai Composite Index dipped 0.3% to 3,473.32. As of last close, the CSI300 had rebounded nearly 6% from a recent trough hit on March 25, while SSEC had gained more than 4% in the same period. Falling the most on Tuesday, the CSI300 healthcare index and CSI300 consumer discretionary index dropped 1.8% and 1.9%, respectively. Recent economic data has been robust, but analysts warn that it could lead to concerns of inflation and policy tightening.
By Reuters Staff
2 Min Read
FILE PHOTO: Shoppers are seen walking near Bullring shopping centre, owned by mall operator Hammerson, after new nationwide restrictions were announced during the coronavirus disease (COVID-19) outbreak in Birmingham, Britain, November 4, 2020. REUTERS/Andrew Boyers
(Reuters) - Hammerson said on Wednesday it sold seven retail parks to Canadian private-equity firm Brookfield Asset Management for 330 million pounds ($459.33 million), marking the mall operator’s exit from the UK retail parks sector.
British shopping centres are set to be fully operational by mid-May under phased exit plan from coronavirus restrictions, which have kept shoppers at home and led to widespread retail rent deferrals.