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Sterling derivative bets rise as Brexit endgame nears

As negotiations become fraught before Britain's exit from the European Union in March, tensions of a different kind are surfacing on the currency markets -- derivatives activity is rising sharply as investors bet on a weaker sterling.

S&P sector reshuffle may do little for telecom stocks

The S&P 500's three-company telecommunications services index is about to be folded into a much higher-profile group, but a brighter spotlight may not be enough to boost the stocks as investors continue to favour growth sectors.

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Labour keeps second Brexit referendum on table

Britain's opposition Labour Party will vote this week to keep a second Brexit referendum as an option if Theresa May fails to pass her plan to quit the European Union through parliament, heaping pressure on a struggling prime minister.