Brexit Aftershock

Bank of England official Jonathan Haskel said in the aftermath of 2016 Brexit referendum, the UK began to fall behind the trend of previous six years.

Britain will have a £26.6-billion ($35.2-billion, 31.1-billion-euro) war chest to battle the potential damage of its exit from the European Union, a government oversight body said.

The report noted that October 2016, marked the peak of yearly M&A activity, with 1,362 deals worth $454.3 billion, highest monthly deal value since May 2007.

The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.

President Barack Obama is slated to embark on a five-day, two-country mission to buck up a beleaguered Europe and brush back an aggressive Moscow on what is expected to be his last presidential visit to the continent.

Indian stock markets fell on Monday but the losses were capped as Brexit aftershocks continued to hit global equities. Many analysts say that India's economy is relatively insulated from the Brexit crisis but they see domestic markets to remain volatile in the near term.

British Prime Minister David Cameron came under intense pressure Saturday from stunned continental diplomats to begin the painful process of extracting his nation from the European Union, as political aftershocks rocked both sides of the English Channel following Britain's historic vote to leave.

Hit by tremors of Britain leaving the European Union, domestic stocks are likely to see "choppy" trading in the next few sessions before a moderate recovery, which will also depend on progress of monsoon, say experts.

Bank of England official Jonathan Haskel said in the aftermath of 2016 Brexit referendum, the UK began to fall behind the trend of previous six years.

Britain will have a £26.6-billion ($35.2-billion, 31.1-billion-euro) war chest to battle the potential damage of its exit from the European Union, a government oversight body said.

The report noted that October 2016, marked the peak of yearly M&A activity, with 1,362 deals worth $454.3 billion, highest monthly deal value since May 2007.

The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.

President Barack Obama is slated to embark on a five-day, two-country mission to buck up a beleaguered Europe and brush back an aggressive Moscow on what is expected to be his last presidential visit to the continent.

Indian stock markets fell on Monday but the losses were capped as Brexit aftershocks continued to hit global equities. Many analysts say that India's economy is relatively insulated from the Brexit crisis but they see domestic markets to remain volatile in the near term.

British Prime Minister David Cameron came under intense pressure Saturday from stunned continental diplomats to begin the painful process of extracting his nation from the European Union, as political aftershocks rocked both sides of the English Channel following Britain's historic vote to leave.

Hit by tremors of Britain leaving the European Union, domestic stocks are likely to see "choppy" trading in the next few sessions before a moderate recovery, which will also depend on progress of monsoon, say experts.