LONDON - UK investors have cut equity holdings, raised bond allocations to nine-month highs and are holding the largest proportion of their money in cash since January as Britain's shock Brexit vote and worries about the world economy and politics hurt sentiment.
LONDON Health, safety and even some traditional 'sin stocks' have already shown signs of weathering Brexit-related storms in European equity markets over the past week.
NEW YORK/LONDON The value of announced mergers and acquisitions (M&A) worldwide dropped by a third in the second quarter of 2016, as a wave of transactions were abandoned in the wake of concerns over regulatory and tax risks or national security.
WASHINGTON The United States looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves the European Union, as it weighs the potential costs of undermining the countries' close diplomatic and military ties.
LONDON UK housebuilders have lost as much as 40 percent of their value since Britain voted to leave the EU, as the threat of recession erased their standing as safe haven stocks.
WASHINGTON Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions.
LONDON Britain's decision to leave the European Union is likely to result in the country entering into recession, said Richard Buxton, head of UK equities at Old Mutual Global Investors.
LONDON Sterling plunged to its lowest in three decades and the value of London's big banks sank by the most since the 2008 financial crisis as Britain's shock vote to leave the European Union triggered turmoil on global financial markets on Friday. | Video
LONDON Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, an upheaval that threatens London's dominance of finance.
NEW YORK Gold investors piled on near-term bullish and bearish options bets on Wednesday, racing to protect against whipsawing prices as Britons head to the polls to decide on the future of their European Union membership on Thursday, data showed.
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