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Federal Reserve stands ready to provide liquidity if needed
The Federal Reserve was "monitoring developments" in global financial markets, in co-operation with other central banks, following the result of the UK's referendum, the US central bank said in a statement.
Private investors using Brexit selloff as buying opportunity, says Hargreaves Lansdown
Private investors are using Friday’s Brexit-fuelled stock market selloff as a buying opportunity, according to Hargreaves Lansdown’s senior analyst, Laith Khalaf.
RBC downgrades IAG on risk of greater economic uncertainty
Analysts at RBC downgraded their recommendation on shares of IAG, saying the company now faced economic and stranded capital risk.
JP Morgan might relocate some jobs following referendum result, reports say
A disgruntled worker at JP Morgan told friends the lender's chief executive officer had informed them that over the next few months they will make changes to the European legal entity and relocate jobs.
US durable goods orders fall more than expected in May
A widely-followed lead indicator for spending on investment declined more sharply than expected in May, highlighting one of the main areas of weakness in the US economy currently, as referenced by policy-makers in their recent policy statements, but some economists were sanguine.
Sports Direct says Brexit volatility, weak pound to hit 2017 purchase prices
Sports Direct International said the outcome of the European Union referendum and ensuing market volatility – namely sterling weakness – will impact purchases for full-year 2017 for which the company is currently not hedged.
Tern acquires Flexiant business divisions
Cloud and mobile sector investing company Tern announced on Friday that it has successfully completed the acquisition of the assets and businesses of the Research and Multi Cloud Management divisions of Flexiant.
Telford Homes posts sizeable revenue growth
London-focused residential property developer Telford Homes posted full-year revenue of £245. 6m in the year to 31 March on Friday, up from £173. 5m.
Merkel says UK referendum decision is a "break in Europe's history"
Powerful German chancellor Angela Merkel has said that Britain's exit from the European Union will be a difficult pill to swallow - but that the show must go on.
Proxama's losses widen; share placing announced
Mobile payments and marketing company Proxama reported a wider pre-tax loss in the year ending 31 December 2015, but revenue increased and the company announced plans for a £2m share placing.
Brexit: Cameron resigns; sees new PM by October as markets nosedive
UK Prime Minister David Cameron resigned on Friday, saying he expected to see a replacement by October after Britain voted 52% to 48% to leave the European Union as £200bn was wiped off the value of shares and the pound nosedived.
Poundland rejects Steinhoff approach
South-Africa based Steinhoff International said on Friday that London-listed discount retailer Poundland has rejected its proposal regarding a possible cash offer for the company.
Brexit: Sturgeon says second Scots independence vote 'on the table'
Scotland First Minister Nicola Sturgeon said a second referendum on Scottish independence was now “highly likely” after Friday's decision by England and Wales to leave the European Union.
Jeremy Corbyn to face vote of no confidence from Labour MPs
Jeremy Corbyn is set to face a no confidence motion in his leadership, from two of his MPs. Labour MPs Margaret Hodge and Ann Coffey have sent a letter to John Cryer MP, chair of the Parliamentary Labour Party, submitting the motion.
London midday: FTSE 100 outperforms as pound plumbs 30-year low
Stocks had recovered part of their initial losses come midday as analysts and traders attempted to digest the UK's historic decision to leave the European Union and to anticipate the next move in financial markets.
US pre-open: Stocks set for sharp losses on Brexit vote
Stocks on Wall Street looked set to open sharply lower on Friday, taking their cue from heavy losses in Europe after the UK voted to leave the European Union.
Europe midday: Brexit sends shares, sterling tumbling
The UK’s vote to leave the European Union sparked a bloodbath in European equity markets on Friday, sending the pound tumbling against the dollar and weighing on oil prices, while gilts and gold surged as investors fled to safety.
Boris Johnson says there is no rush to leave the EU
Boris Johnson has released a statement following victory for his Brexit campaign in Thursday's historic European Union referendum. The Conservative MP said that they should not rush into action immediately, as well as heaping praise on outgoing prime minister David Cameron for having the courage to call the referendum.
Polar Capital sees sharp drop in full-year FuM, keeps dividend steady
Polar Capital Holdings experienced a sharp drop in full-year profits as its assets under management shrank significantly.
Twitter calls for London to become independent
Social media users are calling for an independent state of London after the success of the Brexit campaign in the UK's EU referendum.