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Reuters UK Edition
Small banks victims of Brexit bloodbath Shares in small banks have plunged since Britain voted to leave the EU last w
Small banks victims of Brexit bloodbath
Reuters UK Edition / Posted a minute ago
Shares in small banks have plunged since Britain voted to leave the EU last week. There are fears it could stop them lending to small businesses and have a knock-on effect for the rest of the UK economy. David... Read more
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Reuters UK Edition
Red cards for UK after Brexit voteSome might call it a cruel twist of fate. The double whammy of a brutal ejectio
Red cards for UK after Brexit vote
Reuters UK Edition / Posted a minute ago
Some might call it a cruel twist of fate. The double whammy of a brutal ejection for England from the Euros football tournament - just days after a shock vote for Brexit. (SOUNDBITE) (English) ENGLAND FAN, ALEX, SAYING: "We embarrassed ourselves... Read more
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The Star
UK business minister says trade ties with EU are his top goalLONDON (Reuters) - Britain's business minister, Sajid Javid, said he had told f
UK business minister says trade ties with EU are his top goal
The Star / Posted 2 minutes ago
LONDON (Reuters) - Britain's business minister, Sajid Javid, said he had told firms on Tuesday that maintaining access to the European Union's single market would be his top goal during talks with the EU. Javid had called leaders of business... Read more
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The Star
FTSE closes higher after post-Brexit slump, insurers rallyLONDON: Britain’s top share index bounced back on Tuesday following two straigh
FTSE closes higher after post-Brexit slump, insurers rally
The Star / Posted 2 minutes ago
LONDON: Britain’s top share index bounced back on Tuesday following two straight sessions of steep losses as insurers and banks, hit hard in the aftermath of Britain’s decision to leave the European Union, led the market higher. The FTSE 100 index... Read more
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The Star
Top German regulator says no to London HQ for Deutsche Boerse-LSEHufeld says London cannot be the head office of the merged Deutsche Boerse-Lond
Top German regulator says no to London HQ for Deutsche Boerse-LSE
The Star / Posted 2 minutes ago
Hufeld says London cannot be the head office of the merged Deutsche Boerse-London Stock Exchange group following the UK’s decision to leave the European Union. - Reuters pic FRANKFURT/LONDON: Germany’s financial market regulator delivered a double... Read more
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The Star
Wall St moves higher after Brexit-induced selloffAt 10:53am ET (Tuesday), the Dow Jones Industrial Average was up 168.61 points,
Wall St moves higher after Brexit-induced selloff
The Star / Posted 2 minutes ago
At 10:53am ET (Tuesday), the Dow Jones Industrial Average was up 168.61 points, or 0.98%, at 17,308.85. The Reuters photo shows traders working on the floor of the New York Stock Exchange on Tuesday. NEW YORK: Wall Street was higher on Tuesday as... Read more
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The Star
Apollo Food’s Q4 net profit down by 73%Apollo Food makes chocolate wafer and layer cake products PETALING JAYA: Apoll
Apollo Food’s Q4 net profit down by 73%
The Star / Posted 2 minutes ago
Apollo Food makes chocolate wafer and layer cake products PETALING JAYA: Apollo Food Holdings Bhd posted a 73.2% plunge in net profit to RM1.75mil in the fourth quarter ended April 30, 2016 from RM6.54mil a year ago. In a Bursa filing on Tuesday,... Read more
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The Tampa Tribune
Gas prices reach record low just in time for July 4 holiday weekendMotorists who plan to hit the road for the Independence Day holiday weekend can
Gas prices reach record low just in time for July 4 holiday weekend
The Tampa Tribune / Posted 2 minutes ago
Motorists who plan to hit the road for the Independence Day holiday weekend can take advantage of the lowest summer gas prices in 11 years. Regular gas in Florida hovered around $2.25 Tuesday, 43 cents cheaper than last year, according to AAA The... Read more
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The Irish Times
Irish stock market closes sharply higher in line with European bounceThe Irish stock market closed sharply higher yesterday, as European markets con
Irish stock market closes sharply higher in line with European bounce
The Irish Times / Posted 2 minutes ago
The Irish stock market closed sharply higher yesterday, as European markets continued to gain back ground following the massive falls in the wake of the Brexit vote. The ISEQ index rose to 5,482.69, ahead of its low of 5,286.65 hit on Friday,... Read more
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The Irish Times
Irish government bonds near record lowsIrish government bond interest rates approached record lows on Tuesday, as inve
Irish government bonds near record lows
The Irish Times / Posted 2 minutes ago
Irish government bond interest rates approached record lows on Tuesday, as investors decided to take a more relaxed view of the outcome of the British referendum. Ten year Irish interest rates fell to 0.64 per cent, on strong buying interest which... Read more
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Market Watch
Supreme Court will hear a case on ATM feesThe Supreme Court is going to hear a case about ATM fees. WASHINGTON -- The Su
Supreme Court will hear a case on ATM fees
Market Watch / Posted 2 minutes ago
The Supreme Court is going to hear a case about ATM fees. WASHINGTON -- The Supreme Court on Tuesday agreed to consider an appeal by Visa Inc., MasterCard Inc. and several leading banks that are challenging lawsuits alleging they conspired to set... Read more
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Market Watch
No, Brexit will not bring on a bear market in stocksOn Friday investors awoke to the stunning news that the British people had vote
No, Brexit will not bring on a bear market in stocks
Market Watch / Posted 2 minutes ago
On Friday investors awoke to the stunning news that the British people had voted to leave the European Union. It was a shock to betting markets, complacent pundits and Wall Street gurus and a real blow to a half-century’s worth of increased European... Read more
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Market Watch
5 ways to stop Brexit from happeningCan the perilous path toward Brexit set in motion last Friday be reversed? It i
5 ways to stop Brexit from happening
Market Watch / Posted 2 minutes ago
Can the perilous path toward Brexit set in motion last Friday be reversed? It is a question that the many chagrined Britons and much of the global market is pondering intensely some 72 hours after an unprecedented referendum threatens to cleave the... Read more
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EuroNews
London Stock Exchange – Deutsche Boerse merger under threat from BrexitBritain’s vote to leave the European Union is threatening the planned merger be
London Stock Exchange – Deutsche Boerse merger under threat from Brexit
EuroNews / Posted 2 minutes ago
Britain’s vote to leave the European Union is threatening the planned merger between the London Stock Exchange and Germany’s Deutsche Boerse. The finance ministry in Berlin said the two companies are looking at the consequences of the Brexit vote... Read more
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EuroNews
ECB’s Draghi focuses on monetary policy alignment rather than BrexitDespite all the Brexit turmoil the European Central Bank head Mario Draghi had
ECB’s Draghi focuses on monetary policy alignment rather than Brexit
EuroNews / Posted 2 minutes ago
Despite all the Brexit turmoil the European Central Bank head Mario Draghi had nothing to say about it in a major speech at an ECB forum in Sintra, Portugal on Tuesday. He stuck to his prepared text on how central banks should align their monetary... Read more
3m
Salon.com
Dow Chemical to cut about 2,500 jobs globallyNEW YORK (AP) — Dow Chemical says it will eliminate about 2,500 jobs worldwide,
Dow Chemical to cut about 2,500 jobs globally
Salon.com / Posted 3 minutes ago
NEW YORK (AP) — Dow Chemical says it will eliminate about 2,500 jobs worldwide, or about 4 percent of its workforce, which is tied to the recent restructuring of its ownership in Dow Corning. Dow Chemical announced earlier this month that it was now... Read more
33 related stories
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Greeley Tribune
US stocks rebound as anxiety over British vote easesU.S. stock indexes moved higher in morning trading Tuesday as investors welcome
US stocks rebound as anxiety over British vote eases
Greeley Tribune / Posted 3 minutes ago
U.S. stock indexes moved higher in morning trading Tuesday as investors welcomed encouraging data on the economy and housing. The rebound followed even bigger gains in Europe as global markets recovered from a two-day rout triggered by Britain’s vote... Read more
144 related stories
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Ghanaweb.com
Ghanaian company invests $9 mil in Chicago black bankDiasporian News of Tuesday, 28 June 2016 In the Pan-African spirit, Chicago Gh
Ghanaian company invests $9 mil in Chicago black bank
Ghanaweb.com / Posted 3 minutes ago
Diasporian News of Tuesday, 28 June 2016 In the Pan-African spirit, Chicago Ghanaians and African Americans have welcomed a $9 million investment by a Ghanaian company into a Bronzeville black bank to save it from collapsing. Groupe Nduom of Ghana,... Read more
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Investopedia
Soros Bet Against Deutsche Bank After Brexit Vote (DB)George Soros and Soros Fund Management LLC took a large short position on Deuts
Soros Bet Against Deutsche Bank After Brexit Vote (DB)
Investopedia / Posted 3 minutes ago
George Soros and Soros Fund Management LLC took a large short position on Deutsche Bank AG (DB) shares on Friday, the day after Britain voted to leave the European Union. According to filings, Soros Fund Management took a short position of 0.51% of... Read more
3 related stories
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The Financial Express
India’s garment exports may hit $20 billion in FY17India’s garment export is expected to rise to USD 20 billion during the current
India’s garment exports may hit $20 billion in FY17
The Financial Express / Posted 4 minutes ago
India’s garment export is expected to rise to USD 20 billion during the current fiscal, helped by the new initiatives announced by the government for the sector, an industry official said today. (Reuters) India’s garment export is expected to rise... Read more
2 related stories
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The Financial Express
Banks’ bad loans may rise to 8.5% of assets by March: RBIGross non-performing assets (GNPAs), or bad loans, of commercial banks may rise
Banks’ bad loans may rise to 8.5% of assets by March: RBI
The Financial Express / Posted 4 minutes ago
Gross non-performing assets (GNPAs), or bad loans, of commercial banks may rise to 8.5 per cent of total assets by March 2017, from 7.6 percent in March 2016, the Reserve Bank of India (RBI) said on Tuesday based on “stress tests” it has conducted.... Read more
6 related stories
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The Financial Express
Over $8 billion funding in mobile-based startups in 5 yearsWith mobile phones contributing 40 per cent of all e-commerce sales in India in
Over $8 billion funding in mobile-based startups in 5 years
The Financial Express / Posted 4 minutes ago
With mobile phones contributing 40 per cent of all e-commerce sales in India in 2015, startups in m-commerce, video streaming, gaming and m-payment segments attracted USD 8,053 million worth of funding through 394 early stage deals in the last five... Read more
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KPRC Local 2 Houston
Texas reaches $50 million partial settlement with VolkswagenNEW YORK - Volkswagen's deliberate cheating on emissions tests will cost it a r
Texas reaches $50 million partial settlement with Volkswagen
KPRC Local 2 Houston / Posted 6 minutes ago
NEW YORK - Volkswagen's deliberate cheating on emissions tests will cost it a record $14.7 billion. And that's just the start of its problems. The State of Texas reached a partial settlement with Volkswagen concerning the consumer protection lawsuit... Read more
388 related stories
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iTWire
Aussie CEOs more ‘upbeat' than global execs on economic growth outlook: KPMGThe latest KPMG Global CEO Outlook Study reveals that 92% of Aussie CEOs survey
Aussie CEOs more ‘upbeat' than global execs on economic growth outlook: KPMG
iTWire / Posted 6 minutes ago
The latest KPMG Global CEO Outlook Study reveals that 92% of Aussie CEOs surveyed were enthusiastic about the world economic growth outlook compared to 80% globally. And this was despite 15% of the Australian CEOs confirming their business had... Read more
5 related stories
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KGW Channel 8 Portland
Ore. pot edibles market grows, adding tax revenueThe Oregon Legislative Revenue office expects a 10 to 15 percent increase in co
Ore. pot edibles market grows, adding tax revenue
KGW Channel 8 Portland / Posted 6 minutes ago
The Oregon Legislative Revenue office expects a 10 to 15 percent increase in collected taxes for June recreational sales, following the rollout of edibles to recreational markets on June 2. The trend is expected to continue for at least the next few... Read more
6m
Rappler
New Nestle CEO to lead health pivotNEW CEO. A Swiss flag flies over Nestle's headquarters in Vevey, Switzerland on
New Nestle CEO to lead health pivot
Rappler / Posted 6 minutes ago
NEW CEO. A Swiss flag flies over Nestle's headquarters in Vevey, Switzerland on February 28, 2002. File photo by Fabrice Coffrini/EPA ZURICH, Switzerland – Analysts on Tuesday, June 28, praised Nestle's choice for its new chief executive, healthcare... Read more
11 related stories
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The Youngstown Vindicator
US stocks move higher, pound stabilizesNEW YORK (AP) — Stocks are solidly higher on Wall Street following even bigger
US stocks move higher, pound stabilizes
The Youngstown Vindicator / Posted 7 minutes ago
NEW YORK (AP) — Stocks are solidly higher on Wall Street following even bigger gains in Europe as global markets stabilize following a two-day rout triggered by Britain’s vote to leave the European Union. Energy stocks rose along with the price of... Read more
4 related stories
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The Columbian
Volkswagen to pay Washington state $26 millionSEATTLE — Washington Attorney General Bob Ferguson announced that Volkswagen ha
Volkswagen to pay Washington state $26 million
The Columbian / Posted 7 minutes ago
SEATTLE — Washington Attorney General Bob Ferguson announced that Volkswagen has agreed to pay the state more than $26 million over its deceptive marketing of its “clean diesel” vehicles. Ferguson says the agreement also includes restitution for... Read more
5 related stories
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Business Standard India
Shailesh Dobhal: The season of exitsThat India's central bank, the Reserve Bank of India (RBI), has become a househ
Shailesh Dobhal: The season of exits
Business Standard India / Posted 8 minutes ago
That India's central bank, the Reserve Bank of India (RBI), has become a household name under its easy-going, yet tough-as-nails 23rd governor, Raghuram Rajan, is a foregone conclusion. Rajan brought a kind of approachability and immediacy to the... Read more
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Business Standard India
Michael Schuman: Who wins from Brexit? ChinaThe United Kingdom's exit from the European Union (EU) is creating a lot of los
Michael Schuman: Who wins from Brexit? China
Business Standard India / Posted 8 minutes ago
The United Kingdom's exit from the European Union (EU) is creating a lot of losers: London's finance industry. British Prime Minister David Cameron. The pound. The grand cause of European integration. But out of all of the market turmoil and... Read more
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