The beleaguered British pound suffered a "flash crash" on Friday in which it briefly plummeted 6 percent within minutes to a new 31-year low, intensifying concerns about Britain's exit from the ... … More »

European Union members must take a firm stance with Britain over the bloc's free movement of labour rules during Brexit divorce talks, Jean-Claude Juncker, president of the EU's executive body the European Commission, said on Friday. Some British … More »

The EU must be "unyielding" in the face of Britain's demands on the terms for its divorce from the bloc, European Commission chief Jean-Claude Juncker said Friday. "You can't have one foot in and one foot out," he told a conference in Paris, … More »

ABN Amro and its largest shareholder, the Dutch state, are not looking for a buyer and were deeply surprised by an approach by Sweden's Nordea about a merger, an ABN Amro official said on Friday. Nordea held exploratory talks about a merger as … More »

Sterling recouped some losses after plunging almost 10 percent on Friday amid growing fears of a "hard" exit by Britain from the European Union that sent a shiver through world stocks markets ahead of U.S. jobs data. If job creation is robust, it … More »

Sterling plunged to a 31-year low in a matter of minutes on Friday, in what traders said was a "flash crash" driven by computer-initiated sell orders that left the currency on track for its worst week since the Brexit vote in June. The pound has … More »

The pound briefly and mysteriously plummeted to a fresh 31-year low Friday amid persistent concerns about Britain's exit from the European Union, rattling world markets but sending British stocks higher. ... … More »

The pound suffered a "flash crash" in Asia Friday on a computer-generated sell-off in the beleaguered currency, as tough talk from French President Francois Hollande underscored the perils ahead for Brexit-bound Britain. The magnitude of the six … More »

LendInvest Christian Faes, right, & Ian Thomas, co-founders … Continued The post Online mortgage marketplace LendInvest shrugs off Brexit with 50% jump in investment appeared first on Business Insider. … More »

Credit Suisse's new subsidiary catering for Swiss retail, private and investment banking clients will go live on Nov. 21 ahead of an initial public offering next year, a bank spokesman said on Friday. The creation of Credit Suisse (Schweiz) is part … More »

Sterling plummeted as much as 10 cents in just a few minutes of Asian trading on Friday, a "flash crash" that fuelled concerns about the vulnerability of the British currency while adding to the allure of the country's corporate sector. The pound … More »

Samsung Electronics on Friday flagged a 5.5-percent rise in operating profits, even as it struggles with a damaging global smartphone recall and a shareholder push to split the family-run conglomerate in two. In an earnings forecast that beat … More »

French oil major Total said Friday it had sold its specialty chemicals unit Atotech that serves the electronics and metals industries to the US investment fund Carlyle for $3.2 billion (2.9 billion euros). No date was given for the closure of the … More »

PARIS (Reuters) - Total (TOTF.PA) has agreed to sell its speciality chemicals business Atotech to private equity firm Carlyle Group for $3.2 billion (2.57 billion pounds) , part of a $10 billion asset ... … More »