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Isolation art: recreate masterworks with cabbage, lentils and socks

MOSCOW (Reuters) – While making blinis one morning in self-isolation, Natalia Goroshko noticed one in her pan had taken the floppy form of one of Salvador Dali’s melting clocks. The 31-year-old Belarusian living in Texas placed three blinis in her kitchen to m... More »

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Irish housing crisis derails Varadkar’s re-election bid

DUBLIN (Reuters) – Nine years after a devastating crash in property prices catapulted the party of Irish Prime Minister Leo Varadkar to power, a housing market recovery too rapid for many threatens to dump it into opposition at this week’s general election. Th... More »

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Trade deal optimism lifts European shares as exporters rally

MILAN (Reuters) – European shares rose on Wednesday driven by the export-oriented autos and tech sectors as optimism grew that the United States and China could avoid a full-blown trade war that would further brake a slowing global economy. The pan-European ST... More »

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Investors ditch European stocks, BASF slides on profit warning

LONDON (Reuters) – Simmering U.S-Chinese trade tensions dented European shares on Monday as investors fled risk at the start of a highly uncertain week, with Britain’s parliamentary vote on Brexit also looming and chemicals stocks dented by a BASF profit warni... More »

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Exclusive: Paulson’s top real estate executives start own firm

BOSTON (Reuters) – Billionaire investor John Paulson’s top real estate executives are launching their own investment firm with $1 billion and the hedge fund manager’s blessing, sources familiar with the matter said. Michael Barr, a portfolio manager who headed... More »

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Singapore proposes allowing some Airbnb type rentals but with cap

SINGAPORE (Reuters) – Singapore proposed on Monday allowing private home owners to let out their property for short-term rentals but with an annual cap of 90 days a year – part of a consultation process welcomed by rental service Airbnb. Private homes in Singa... More »

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U.S. renters look for last-gasp window to buy

A “For Rent” sign is posted outside a residential home in Carlsbad, California, U.S., January 18, 2017. REUTERS/Mike Blake CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) People trying to escape soaring rents... More »

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Russian lender VTB says made extra provisions for risky loans

VTB Chief Executive Andrei Kostin attends a meeting in Russia, June 1, 2017. REUTERS/Sergei Savostyanov/TASS/Host Photo Agency/Pool MOSCOW (Reuters) – Russian lender VTB has set aside 50 billion rubles ($882 million) in additional provisions against losses and... More »

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German property developer Instone targets March IPO: sources

FRANKFURT (Reuters) – German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing pipeline of spring listings in Germany, people close to the matter said. The company is worki... More »

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Singapore property seen on path to recovery after prolonged slump

FILE PHOTO: A woman passes a private condominium estate in Singapore February 13, 2017. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked the... More »

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European stocks rally after Brexit, banking rules deals

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – European stocks rallied to a week’s high on Friday as Britain and the European Union announced a ... More »

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In Canada, a nation of realtors braces for the end of the boom

Houses under construction are seen at a subdivision near the town of Kleinburg, Ontario, Canada May 13, 2017. Canada’s long housing boom has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming slowdown threate... More »

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Facebook to build housing in Silicon Valley for first time

Architectural rendering of Facebook’s proposed Willow Campus is seen in Menlo Park, California, U.S. in this undated photo obtained by Reuters July 7, 2017. The goal for the Willow Campus is to create an integrated, mixed-use village that will provide housing,... More »

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Shares in Canada`s Home Capital surge as Buffett rides to rescue

FILE PHOTO – The entry to the Home Capital Group’s headquarters is seen at an office tower in the financial district of Toronto, Ontario, Canada on May 1, 2017. Picture taken using a wide angle lens. REUTERS/Chris Helgren/File Photo Warren Buffett’s Berkshire ... More »

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European shares get tech support, Hexagon soars on M&A talk

FILE PHOTO: A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain August 24, 2015. REUTERS/Suzanne Plunkett/File Photo Recovering technology stocks gave European shares another leg up on Wednesday, while deal chatter se... More »

Trump says ex-rival Carson may lead U.S. housing department

Former candidate Ben Carson arrives to attend the third and final 2016 presidential campaign debate between Republican U.S. presidential nominee Donald Trump and Democratic nominee Hillary Clinton at UNLV in Las Vegas, Nevada, U.S., October 19, 2016. REUTERS/M... More »

Britain sets out 5 billion-pound homebuilding boost

A builder assembles scaffolding as he works on new homes, in south London June 3, 2014. REUTERS/Andrew Winning/Files Britain launched a 5 billion-pound ($6.5 billion) homebuilding stimulus package on Monday, including plans to borrow 2 billion pounds to help a... More »

U.S. office vacancy rate flat for third straight quarter: Reis

Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacanc... More »

After building boom, South Korea girds for housing glut

A woman walks past an advertisement promoting an apartment complex which is currently under construction in Yongin, South Korea, August 24, 2016. REUTERS/Kim Hong-Ji In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gle... More »

The chase heats up for the best refinancing rates

(This version of the July 11 story corrects age of Gerald Freisleben to 55 from 50 and spelling of his last name from Freiselben in last and third-from-last paragraphs) By Beth Pinsker NEW YORK After thrice refinancing the house she had bought in 2012, Nedalee... More »

Buffett defends Clayton Homes after critics fault its lending

NEW YORK At last May’s annual meeting of his Berkshire Hathaway Inc, Warren Buffett said he had “no apologies whatsoever” for the lending practices of the company’s Clayton Homes mobile home unit, which had been accused in a published report of predatory lendi... More »

Just how smart can you make your home?

NEW YORK Carlos Espinosa, a design professional based in Boulder, Colorado, has a completely decked-out “smart” home – light switches he can control from his mobile phone, a security system, moisture detectors that alert him to leaks and integrated stereo spea... More »

Big city land-grab sowing seeds of next China property boom

BEIJING In the Chaoyang district of northeast Beijing, a nondescript wall covered in patriotic posters protects one of the city’s most valuable treasures: a dirt field containing nothing but a few scattered trees. Last month the block sold for 3.3 billion yuan... More »