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Bank of England boss warns of post Brexit vote ‘volatility’

Digital Desk -
Bank of England governor Mark Carney has said volatility "can be expected" in the wake of the Brexit vote but said the Bank is...
BUSINESS

FTSE 100 rises sharply as Brexit concerns ease

Digital Desk -
The FTSE 100 matched global stock markets and rose sharply as bullish investors piled back into equity markets after concerns of a British exit...
BUSINESS

Uber takes flight with helicopter service in Brazil

Digital Desk -
Ride hailing company Uber has begun a helicopter service in Brazil's biggest city. Uber's communications director in Brazil said it has started a month-long trial...
BUSINESS

Microsoft buys LinkedIn for $26.2 billion

Digital Desk -
Microsoft is purchasing professional social network LinkedIn in a deal reported to be worth $26.2 billion. In a blog post, Microsoft revealed that it will...
BUSINESS

Shutters come down on BHS after no buyer is found for the retail chain

Digital Desk -
BHS is to disappear from the high street, resulting in the loss of up to 11,000 jobs, after administrators failed to find a buyer...
BUSINESS

Smurfit Kappa to join FTSE 250

Digital Desk -
Packaging manufacturer Smurfit Kappa Group (SKG) will be included as a constituent of the FTSE250 and FTSE All Share indexes from the close of...
BUSINESS

Bitcoins worth £9 million to be sold at auction after police seizure

Digital Desk -
About £9 million in Bitcoins will be auctioned in Sydney, Australia, after police confiscated the digital currency as proceeds of crime. Ernst & Young transaction...
BUSINESS

HSBC underlying pre-tax profits fall 18% to $5.43bn

Digital Desk -
HSBC has posted a sharp drop in profits for the first three months of the year after it was hit by "extreme levels of...
#EUREF

John Bruton: Brexit would diminish UK sovereignty

Digital Desk -
Britain leaving the EU would actually diminish its sovereignty, ex-Taoiseach John Bruton has said. The former EU ambassador to Washington said London would be stripped...
BUSINESS

Oil price fall hits London shares

Digital Desk -
The London market opened on the back foot weighed by miners and a drop in the oil price. The FTSE 100 Index fell 43.8 points...
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