Gainers & Losers
NEW DELHI India's defence procurement agency has cleared a proposal to buy 145 M777 Ultra Lightweight Howitzer artillery guns from BAE Systems in a deal worth an estimated $750 million, a defence ministry source said on Saturday.
BOSTON Nearly everyone, from London gamblers to U.S. money managers got it wrong. Britain's vote to leave the European Union shocked pundits, investors and politicians alike, underscoring the inherent difficulty of forecasting such rare events.
PARIS London's financial centre will lose its prized "EU passport" if Britain fails to secure continued access to the bloc's single market in its exit talks, ECB Governing Council member Francois Villeroy de Galhau said on Saturday.
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed. | Video
BEIJING The Asian Infrastructure Investment Bank (AIIB) stressed its independence from China at its first annual meeting on Saturday, saying it plans to cooperate with other development banks and add new members, including Hong Kong.
LONDON Tata Steel's Port Talbot plant has moved a step closer to closure following Britain's decision to leave the European Union, but buyers remain interested, industry sources said on Friday.
PARIS The European Union needs a new roadmap that should be devised in consultation with voters and then put to a referendum, France's Economy Minister Emmanuel Macron said on Saturday in comments that may further stir tensions with the ruling Socialist Party.