Fed says ready to provide dollar liquidity after British vote
WASHINGTON (Reuters) – The U.S. Federal Reserve sought to calm global financial markets on Friday by saying it was ready to provide dollar liquidity following Britain’s vote to exit the European Union.
International anti-money laundering body keeps Iran on risk list
PARIS (Reuters) – An international group that monitors money laundering worldwide said on Friday it was suspending counter-measures on Iran for 12 months, but left it on a list of high-risk countries.
Britain’s financial sector reels after Brexit bombshell
LONDON (Reuters) – Britain’s 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, leaving question marks over London’s status as Europe’s premier fina…
Exclusive: Nigeria’s Dangote shifts focus from cement to oil and gas
LAGOS (Reuters) – Africa’s richest man, Aliko Dangote, plans to launch Nigeria’s first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional econo…
Good Morning America: Britain just voted out of the EU … What’s that mean for America?
NEW YORK (Reuters) – Britons have voted to leave the European Union, an outcome that has shocked global financial markets, sending stocks plunging and sovereign bonds and the U.S. dollar sharply higher.
Bafin fines Deutsche Bank for anti-money laundering flaws: source
FRANKFURT (Reuters) – German financial watchdog Bafin last year imposed a fine of 40 million euros ($44 million) on Deutsche-Bank for flaws in its systems designed to prevent money-laundering, a person close to the matter said.
WPP chief predicts a slowdown of the world economy after Brexit vote
CANNES (Reuters) – WPP Chief Executive Officer Sir Martin Sorrell predicted on Friday a slowdown of the world economy after Britain voted in favor of leaving the European Union.
China-backed AIIB approves $509 million for first four projects
BEIJING (Reuters) – The board of China-backed Asia Infrastructure Investment Bank (AIIB) approved $509 million in investments for its first four projects on Friday.
Asian car makers may slow investments in UK after Brexit
BEIJING (Reuters) – Executives at Asian automakers with factories in Britain, largely set up to export to the European Union, say they could slow investments in Britain or even put them on ice for now, after the country voted to leave the 28-nation blo…
South Korea issues arrest warrant for VW executive in emissions probe
SEOUL (Reuters) – A South Korean court on Friday issued the first warrant for the arrest of a Volkswagen AG executive in connection with its cheating of vehicle emissions tests, in another blow to the German automaker’s efforts to move on from the sca…
