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Pound continues post-Brexit slide as markets open in Asia

Digital Desk -
Sterling has continued to slide against the US dollar as trading reopened after Friday's record crash. The pound dropped to 1.3390 dollars as markets resumed...
BUSINESS

Border businesses shocked and fearful after Brexit vote

Digital Desk -
Business representatives on both sides of the Irish border have expressed fears for the economic future in the wake of the Brexit vote. While trading...
BUSINESS

Swiss Central Bank intervenes in Currency markets amid pressure on Franc

Digital Desk -
Switzerland's central bank has said it has intervened in currency markets after the Swiss franc came "under upward pressure" after the UK voted to...
BUSINESS

FTSE pulls back as Bank of England acts to calm markets

Digital Desk -
London's top flight index pulled back from its 7% plunge after the Bank of England pledged to intervene to help shore up the markets. Bank...
#EUREF

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

Volkswagen agrees to pay out €9bn in emissions cheating scandal

Digital Desk -
Volkswagen has agreed to pay around $10.2bn (€9bn) to settle claims in the US from its emissions cheating scandal, sources say. The money would go...
BUSINESS

Mitsubishi expecting major losses amid mileage cheating admission

Digital Desk -
Car giant Mitsubishi is forecasting a 145bn yen loss for the financial year to March 2017 after acknowledging it inflated mileage on its models. The...
BUSINESS

Federal Reserve boss Yellen cautious amid UK’s EU vote

Digital Desk -
The chairwoman of the Federal Reserve has said the US central bank will proceed cautiously in raising interest rates amid a number of uncertainties...
BUSINESS

UBS warn of trading hiccups in event of Brexit

Digital Desk -
Investment bank UBS has told clients to brace for possible trading hiccups while money transfer firms are also suspending services amid fears of dramatic...
BUSINESS

Spotify reveals it has gone past 100m monthly users

Digital Desk -
Music streaming service Spotify has revealed it has gone past 100m monthly active users for the first time. The music platform launched in 2006 as...
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