Page 65 - Brexit

Iceland 2, Poundland 1

Football apart, UK has no reason to envy Iceland

EU Commission Chief says European project to continue

Britain joined the European Union in January 1973

English language may be dropped by EU after Brexit

To retain the language regulations would have to be changed, requiring a unanimous vote from the 27 remaining states

EU won't tolerate UK's cherry-picking, warns Angela Merkel

'Anyone wishing to leave this family cannot expect to lose all the obligations but keep the privileges'

European shares up for first time in three days after Brexit battering

Oil prices climb as a looming strike in Norway threatened to cut output in western Europe's biggest producer

Post Brexit, India might get fillip in slowing UK trade: DBS

UK accounts for 15% of India's total merchandise trade, but its share has been declining

British PM heads to Brussels for summit over Brexit

However, he will not attend talks between the leaders of the other 27 EU member states at breakfast on Wednesday

EU to push on with US trade deal despite Brexit vote

EU would also press on with efforts to ratify a trade deal with Canada

Canadian stocks further down on Brexit

Canadian dollar traded lower largely due to a combination of weaker stocks, lower oil prices and a stronger greenback

No indication of financial crisis from Brexit: Jacob Lew

Following a decision to exit the EU, Britain would need to negotiate the terms of its withdrawal and a new relationship with the EU

S&P, Fitch downgrade UK credit rating after Brexit

Rival agency Fitch also lowered its rating from AA+ to AA, this follows Moody's downgrade on Friday

EU to remain united despite Brexit: Lithuanian President

Around 200,000 Lithuanians currently live in Britain, according to the presidency

Brexit vote, UK political confusion keep world markets on edge

The yield on British 10-year government bonds fell below 1% for the first time as investors bet the Brexit vote would trigger a Bank of England interest rate cut aimed at steadying economy

Global stocks extend losses, sterling near 30-year lows in Brexit aftermath

Japan's Nikkei stock index was down 1.3% in early trading. It has remained volatile in recent days.

$2.5-trillion world m-cap loss after Brexit vote, highest ever in a day

The Brexit vote proved costly not just for UK markets but global ones, too. The crash in the market after UK referendum outcome to leave the European Union wiped out $2.5 trillion (Rs 170 lakh crore) from world market capitalisation (m-cap). This is the highest-ever single-day erosion in world m-cap in absolute terms. Previous high was in September 2008, when, after the collapse of Lehman Brothers, $1.9 trillion got shaved off. The US, which accounts for more than a third of world m-cap, contributed 30 per cent (highest) to Brexit m-cap erosion. UK, which lost $360 billion in m-cap, was the second-highest. India saw the least amount of erosion among top-10 countries in m-cap, surpassed Switzerland in m-cap.

Jim Rogers picks dollar over gold as haven in Brexit tumult

Prices of bullion are due for a drop and will probably be lower at the end of the year versus current levels

India among Asia's least exposed to Brexit: Morgan Stanley

Increased uncertainty in external environment due to UK's vote should add to downward pressures on growth and inflation

After Brexit, a splitting hangover for London

This time it is coupled with an even greater unease about what the future will hold for London as a financial capital

Kenneth Rogoff: Britain's democratic failure

The UK vote has thrown Europe into turmoil. A lot will depend on how the world reacts and how the UK government manages to reconstitute itself

Philippe Legrain: The start of Brexit's economic disaster

Markets have already taken a hit, but if Britain leaves the EU, don't expect a recovery any time soon