Amid speculations that Britain may choose a “hard” exit from the E.U., the pound fell 0.4 % on Monday morning.
The E.U. says Apple's tax deals with Ireland amounted to state aid and might have breached the bloc's laws.
British banking giant blames weak performance on considerable uncertainty in financial markets.
Italy’s unemployment rate has reached 11 percent, with its banking sector crippling under massive bad debts.
Indian steel giant has been reprieved by a raft of government incentives and rising steel prices.
The pound has dropped by about 14 percent against the dollar since it hit $1.50 ahead of E.U. vote.
By Michael Lerner Unions agreed to layoffs of a third of the staff rather than a likely path to bankruptcy.Europe,Akbar al-Baker,Italy,Layoffs,Meridiana,Qatar,Qatar Airways,Michael Lerner
U.K. Finance Minister George Osborne also ruled himself out to replace David Cameron as P.M.
Traders attribute the rally to consumer optimism in the U.S. and strong performance by mining firms.
Bank to miss EU deadline for divesting 300 branches as its losses for the first nine months hit £2.5bn
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