Global shares fall, battered pound fights back, dollar firm



Shares fell worldwide towards three-week lows on Wednesday after a dour start to the U.S. earnings season, while Britain's battered currency rose for the first time in five days.
Sterling rose more than 1 percent against the dollar and euro GBP= EURGBP= after British Prime Minister Theresa May offered to allow lawmakers some scrutiny of the process of leaving the European Union, although she ruled out a vote in parliament on whether to trigger the formal Brexit procedure.
The pound has taken a beating, tumbling to 31-year lows last week, on fears that Britain is heading for a "hard... read more

 
12 October 2016 in World News, Views: 36
Source: Reuters
Share:
  •  




    News Widget for Webmasters


    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
        1 2 3 4 5
    6 7 8 9 10 11 12
    13 14 15 16 17 18 19
    20 21 22 23 24 25 26
    27 28 29 30