U.K. politician Nigel Farage — an outspoken supporter of Brexit — has said it might be time to hold a second referendum on Britain’s membership of the European Union. Farage, the former leader of the right-wing UKIP party, said that having a second referendum would remove doubt over the U.K.’s decision to withdraw from the […]
Read moreCurrency, United States Finance
UK could lose $67 billion and suffer 'lost decade' with no Brexit trade deal, study says
Brexit could result in the loss of nearly half a million jobs and almost £50 billion ($67 billion) in investment by 2030, according to an independent economic report published Thursday. The analysis — commissioned by Mayor of London Sadiq Khan — models five possible scenarios for Britain’s looming departure from the European Union. The scenarios […]
Read moreRussia says it has identified the launch location from where a swarm of armed drones began their attack on two of its military bases in western Syria on Saturday. Ten drones rigged with explosive devices descended over Russia’s Hmeimim air base while a further three targeted the Russian Naval CSS point in the nearby city […]
Read moreThe German economy grew by a less than expected 2.2 percent in 2017, the strongest rate in six years and an improvement on the previous year, a preliminary estimate from the Federal Statistics Office showed on Thursday. Europe’s largest economy is benefiting from rising private consumption and resurgent exports buoyed by a recovery of the […]
Read moreMajor cryptocurrencies including bitcoin, ripple and ethereum took a hammering Thursday following the news that South Korea could be preparing to ban trading in digital coins. At 7:25 a.m. London time, bitcoin was down nearly 6 percent, while ethereum fell over 11 percent and ripple took a 9 percent tumble, versus their price a day […]
Read moreA sharp sell-off in bond markets this week spilled over into global equities with jitters that a near 30-year run bull run for fixed income could be coming to an end. Many investors are wary of the interplay between the two different asset classes, and many argue that rising yields (when bond prices fall as […]
Read moreTesco reported a 1.9 percent rise in like-for-like sales in its home market for the Christmas period, falling short of market forecasts after strong growth in fresh food was offset by lower demand for general merchandise. Analysts had forecast a rise of 2.4-3.2 percent in the six weeks to Jan. 6 at Britain’s biggest retailer. […]
Read moreAs companies showed off their latest products at the CES consumer tech expo in Las Vegas, consumers were treated to new looks at robots, drones and more. But among all the recent crop of innovations, livestreaming is one of the technologies that’s going to have a major legacy, according to a technology consultant. Speaking to […]
Read moreYouTube said Wednesday it is removing popular American vlogger Logan Paul from its Google Preferred platform and putting future projects with him on hold, after Paul posted a video on theplatform of a suicide victim in Japan. “In light of recent events, we have decided to remove Logan Paul’s channels from Google Preferred. Additionally, we […]
Read moreEuropean markets are set to open slightly higher Thursday morning, as investors await the release of corporate earnings and economic data. The FTSE 100 is expected to start 13 points higher at 7,748; while the German DAX is seen up by 24 points at 13,295 and the CAC 40 is set to open 5 points […]
Read more