LONDON, June 27 UK shares opened lower on Monday, extending losses from the previous session after Britain's vote to leave the European Union hurled Britain into political uncertainty.
June 27 Drug developer Allergy Therapeutics Plc said a study on suitable doses of its therapy to treat grass allergic rhinitis, or hay fever, did not find a recommended dose for a late-stage trial.
* But Asian refined products glut is of bigger fundamental concern (Re-leads with higher prices)
NEW YORK, June 27 Texas oilman Chris Faulkner built a high-profile public persona, raised millions for his oil and gas ventures and courted politicians. But the SEC has alleged that behind the scenes, he cheated investors out of $80 million to fund a "debauched" jet-setting lifestyle.
* Says investing more in exploration while others cut (Adds analyst, BHP comments, detail)
MUMBAI India's decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country's sovereign ratings, said Moody's Investors Service on Monday.