European markets close nearly 2% lower; sterling slips to 21-month low as UK pulls Brexit…
European markets slipped on Monday afternoon, falling on worries over slowing economic growth and after a Brexit…
Browsing Tag
Brexit vote
Oil stumbles as Trump stuns markets with White House win
Oil prices tumbled on Wednesday as vote Donald Trump stunned the world by winning the U.S. presidential election,…
Goldman Sachs, JPMorgan, Morgan Stanley considering London exodus
Banks including Goldman Sachs are studying relocating some operations away from London, as Frankfurt is seen…
Scotland’s leader announces fresh drive for independence after Brexit vote
Scottish leader Nicola Sturgeon is calling for another push towards leaving the United Kingdom after she called on…
Brexit will cost UK up to $340 bln in lost M&A; a study says
The Brexit vote will cost the U.K. up to $338 billion in lost merger-and-acquisition (M&A) activity by 2020 and…
Hiscox says may set up EU-based insurance firm
Lloyd's of London underwriter and specialist insurer Hiscox Ltd (HSX.LN) said it may set up an EU-based insurance…
Europe’s eyes on Germany’s Merkel to rebuild EU after Brexit vote
When the chips are down in Europe, everyone turns to Germany’s Angela Merkel for a solution. But the German…
Brexit drags Egypt bourse to close week 4.3% lower
In a week followed by the U.K.’s vote to leave the European Union sparking biggest 2-day global stock rout in…
UK stocks erase all post-vote losses, FTSE sees best week since 2011
London’s benchmark FTSE 100 stock index has erased on Friday all its post Brexit vote losses on a wave of bargain…
Dollar drops against euro, yen on risk aversion, dovish Fed views
The U.S. dollar edged lower against the safe-haven yen on Friday amid uncertainty over the fallout from Britain's…
