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  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. JULY 29: UK institutional investors voted with their feet after the referendum. Consumer morale in Britain suffered its sharpest drop in more than 26 years post-vote, according to...

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. JULY 29: UK institutional investors voted with their feet after the referendum. Consumer morale in Britain suffered its sharpest drop in more than 26 years post-vote, according to...

  • *Global funds throng PSBC meetings in New York, Boston, London. HONG KONG, July 29- Postal Savings Bank of China's up to $10 billion forthcoming IPO is drawing marquee foreign investors' attention due to its clean balance sheet, sources said, though unattractive valuations may mean it will still need local cornerstone investors to succeed. Slots to meet with PSBC's...

  • LONDON, July 29- British consumer morale suffered its sharpest drop in more than 26 years after last month's decision by voters to leave the European Union, according to figures that are likely to embolden Bank of England policymakers to take action next week. Economists expect the Bank of England to cut rates to a new low of 0.25 percent next week and possibly...

  • LONDON _ Aon PLC on Friday reported second-quarter net income of $272 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share. Five analysts surveyed by Zacks expected $2.85 billion.

  • PARIS— French unions are protesting against energy giant EDF's approval of a major nuclear power plant project in southwest England, saying it puts the country's nuclear sector at risk. The French government, which pushed for the project and owns a majority stake in EDF, didn't comment on the company's decision. The court decision is expected on Sept. 22.

  • LONDON, July 29- Gold steadied on Friday, as investors assessed the impact of a modest Bank of Japan stimulus, and was on track for a second monthly gain in a row, while the dollar retreated. U.S. gold was down $1.70 at $1,330.60 an ounce. Uncertainty over the path of interest rates has held gold in check since it rallied to more than two-year highs in the wake of Britain's...

  • LONDON, July 29- A corporate makeover at Barclays under CEO Jess Staley showed signs of paying off on Friday as the British bank reported an improved performance in its key businesses, helping send its shares up more than 7 percent. Staley in March set out a strategy to simplify the bank's structure and seek higher shareholder returns through the sale of the bulk...

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Signs of Brexit stress: 1) London- focused estate agent Foxtons blames a 42 percent drop in its first-half profit on Britain's EU referendum. 2) British Airways- owner IAG trims growth...

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Signs of Brexit stress: 1) London- focused estate agent Foxtons blames a 42 percent drop in its first-half profit on Britain's EU referendum. 2) British Airways- owner IAG trims growth...

  • Labour's London Mayoral candidate Sadiq Khan and member of Parliament for Tooting walks through East Street Market in Walworth on May 4, 2016 in London, England.

    London needs to have a special role in negotiations over the U.K.'s exit from the European Union, Sadiq Khan, Mayor of London, told CNBC Friday.

  • LONDON STOCK EXCHANGE GROUP PLC SAYS HOLDCO TODAY ANNOUNCES THAT FINAL NUMBER OF DEUTSCHE BKORSE SHARES TENDERED UNDER EXCHANGE OFFER AT TIME OF EXPIRATION OF ACCEPTANCE PERIOD AMOUNTED TO 63.65%.

  • LONDON— Economic growth across the 19- country eurozone halved in the second quarter, official figures showed Friday, in a development that's more likely due to the fading boost from lower oil prices and weaker euro than to concerns in the run-up to the British vote on whether to leave the European Union. The June 23 referendum in Britain may have also caused some...

  • LONDON, July 29- European shares advanced on Friday following some encouraging company updates, with EDF surging after its board approved the company's Hinkley Point nuclear project and Kering gaining after its fashion brand Gucci recorded strong sales. However, Switzerland's top bank cautioned that tough market conditions were likely to continue for the...

  • LONDON, July 29- The yen soared against the dollar on Friday after a round of modest monetary policy easing from the Bank of Japan disappointed investors who had been hoping for at least a hint of more radical stimulus. That still left it short of levels seen as investors flooded into the traditional security of Japan after Britain's vote to leave the European...

  • MANILA, Philippines— Asian markets were mixed Friday after the Bank of Japan announced a modest expansion of its lavish monetary stimulus to perk up sluggish growth, sending the Japanese stock index up. In Southeast Asia, the stock indices of Indonesia and Malaysia were up, but Singapore's and Philippines' were down. The Bank of Japan ended a policy meeting Friday...

  • LONDON— Barclays plc said Friday second-quarter earnings rose 19 percent as the bank expressed confidence it could weather the uncertainty of Britain's exit from the European Union. Barclays' core businesses include those it plans to continue operating after it sheds riskier assets and focuses on Britain. Barclays announced plans earlier this year to...

  • The world's largest online travel services company said its bookings in the latest quarter slowed due to the acquisition of rival Orbitz Worldwide Inc, "self-inflicted" wounds such as technology upgrades and the recent spate of attacks in Europe. "Travel demand to France is a particular challenge. However, bookings out of the United States into London...

  • MILAN, July 28- Italy's third-biggest lender, Monte dei Paschi di Siena, has received a last-minute rescue proposal by Swiss bank UBS, just hours before it is due to unveil its own bailout plan to meet regulators' concerns over its stability. The bank said in a statement on Thursday night it had received two letters from UBS and former Italian Industry Minister...

  • The recent spate of attacks in Europe have had an impact on bookings, Chief Financial Officer Mark Okerstrom told Reuters in an interview. On the bright side, Okerstrom said bookings out of the United States into London accelerated once the pound fell against the dollar following Britain's vote on June 23 to leave the European Union. Net income attributable to...