Brexit vote incites volatile market, stunning global investors
Jann Lee | June 24, 2016 Britain’s majority vote to leave the European Union yesterday has left many global investors reeling this morning. The markets didn’t anticipate this and it was only in early June that people started waking up to fact that the referendum on June 23 would see a close vote, says Andrew Torres, managing partner and chief investment officer at Lawrence Park Asset Management in Toronto. Following the 52 per cent vote for in favour of a ‘Brexit,’ global s..>> view originalCopper stocks deep into red as gold miners surge
It was a tale of two markets on Friday as the shares of diversified mining majors were dumped and gold stocks surged after the UK's vote to leave the European union wreaked havoc on financial and commodity markets. In massive volumes in afternoon trade on Friday gold futures in New York for delivery in August, the most active contract, was priced at $1,321 an ounce after earlier in the day peaking at $1,362 an ounce up just under $100 from Thursday's settlement and levels last seen March 2014...>> view originalReport shows HP, Apple fighting forced labor
British air passengers could drop 5%
The number of British air passengers could drop by three to five per cent by 2020 with an expected downturn in the economy and fall in sterling following the Brexit vote, the International Air Transport Association (IATA) says. "In other words, the outcome of yesterday's referendum could reduce air passenger growth by 1.0-1.5 percentage points each year over the near term," the industry group said in an analysis. Air freight will be affected by lower international trade in the longer term, it s..>> view original
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