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Britain's FTSE closes down 3.2 pct, banks and housebuilders slump | Reuters

Jun 24, 2016

Britain's FTSE closes down 3.2 pct, banks and housebuilders slump | Reuters

LONDON Britain's top shares index fell on Friday, led lower by banks and homebuilders, but staged a sharp recovery from its initial slump caused by the country's decision to leave the European Union. The FTSE 100 index initially dived more than 8 percent at the open, and was poised to post its sharpest one-day drop since the aftermath of the Lehman Brothers collapse. #article #Economy #Entertainment #London #markets #Netherlands #Sweden
Britain's FTSE closes down 3.2 pct, banks and housebuilders slump | Reuters

Jun 24, 2016

Britain's FTSE closes down 3.2 pct, banks and housebuilders slump | Reuters

LONDON Britain's top shares index fell on Friday, led lower by banks and homebuilders, but staged a sharp recovery from its initial slump caused by the country's decision to leave the European Union. #Argentina #article #Business #Entertainment #Europe #London #United States
Libyan forces clash with militants in Sirte, 14 dead - official | Reuters

Jun 24, 2016

Libyan forces clash with militants in Sirte, 14 dead - official | Reuters

TRIPOLI Libyan forces fighting Islamic State in its stronghold of Sirte said on Friday that four of their troops and 10 militants were killed in heavy clashes around the port area as militants tried to flee the city under siege. Brigades from the nearby city of Misrata, allied with the country's U.N.-backed government of national unity, launched a campaign to retake Sirte last month. They rapidly recaptured ground west of the coastal city, but their advance slowed as they closed in on its centre. #Business #Economy #european #India #markets #Security #United Kingdom
Divided Britons in shock after EU vote | Reuters

Jun 24, 2016

Divided Britons in shock after EU vote | Reuters

LONDON/EDINBURGH Britons reacted with shock on Friday to their country's decision to leave the European Union, whether they welcomed "independence" day or were horrified by the outcome. The vote, after a bitter campaign, split the country along several faultlines, old vs young, England and Wales vs Scotland and Northern Ireland and people in northern England suffering economic hardship vs richer city dwellers in the south. #Argentina #Entertainment #France #Middle East #United Kingdom #United States
'President, his entourage should play in what's left of I-League': Mohun Bagan, East Bengal slam AIFF

Jun 24, 2016

'President, his entourage should play in what's left of I-League': Mohun Bagan, East Bengal slam AIFF

Mohun Bagan and East Bengal on Friday blasted the All India Football Federation (AIFF) for overlooking the I-League clubs after two Goan giants, Sporting Clube de Goa and Salgaocar pulled out of the country's top tier domestic tournament. #AIFF #AIFF President Praful Patel #East Bengal #Goa #I-League #Indian Football #ISL #KickingAround #Mohun Bagan #Salgaogar #sporting
India central bank Governor Rajan: Not overly worried about rupee at this point | Reuters

Jun 24, 2016

India central bank Governor Rajan: Not overly worried about rupee at this point | Reuters

MUMBAI Reserve Bank of India Governor Raghuram Rajan said on Friday he is not "overly worried" about the rupee's INR=D2 levels, on a day when Britain's vote to leave the European Union sent the currency to its lowest since May 1. "My sense is if we've got the fundamentals straight, our only job is to make sure we don't go too haywire everyday in the markets and let the rupee find whatever level it has to," Rajan said in an interview with ET Now TV channel, his latest media appearance of the day. "If the rupee was significantly over-valued you should see substantially more movement in the rupee than in other currencies," he added #Economy #events #India #Innovation #science #United States
India central bank Governor Rajan: Not overly worried about rupee at this point | Reuters

Jun 24, 2016

India central bank Governor Rajan: Not overly worried about rupee at this point | Reuters

MUMBAI Reserve Bank of India Governor Raghuram Rajan said on Friday he is not "overly worried" about the rupee's INR=D2 levels, on a day when Britain's vote to leave the European Union sent the currency to its lowest since May 1. "My sense is if we've got the fundamentals straight, our only job is to make sure we don't go too haywire everyday in the markets and let the rupee find whatever level it has to," Rajan said in an interview with ET Now TV channel, his latest media appearance of the day. "If the rupee was significantly over-valued you should see substantially more movement in the rupee than in other currencies," he added. #Economy #Entertainment #Middle East #science #United Kingdom
New Scotland independence referendum highly likely - Sturgeon | Reuters

Jun 24, 2016

New Scotland independence referendum highly likely - Sturgeon | Reuters

EDINBURGH A second Scottish independence referendum is "highly likely", First Minister Nicola Sturgeon said on Friday, raising the prospect that the United Kingdom could tear itself apart after voting to leave the European Union. #Business #Europe #Foreign policy #Middle East #science #United States
UK PM Cameron says will step down by October after Brexit vote | Reuters

Jun 24, 2016

UK PM Cameron says will step down by October after Brexit vote | Reuters

LONDON David Cameron said he would resign as prime minister by October, after Britons ignored his plea to stay in the European Union and voted in a referendum to leave. Cameron addressed the world's media outside his Downing Street offices on Friday morning as financial markets pummelled sterling and investors sold off British shares after the 52-to-48-percent victory for the "Leave" campaign was confirmed #article #Entertainment #european #Middle East #United Kingdom
Jaitley, Rajan say country will withstand Brexit vote | Reuters

Jun 24, 2016

Jaitley, Rajan say country will withstand Brexit vote | Reuters

MUMBAI/NEW DELHI Finance Minister Arun Jaitley and Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said a solid economy and planned government reforms would allow the country to withstand any major impact from Britain's vote to leave the European Union. Both also said India was well prepared to deal with any volatility, with Rajan pledging to inject liquidity in dollars and rupees as needed #Business #Economy #european #India #markets #United States