The British pound and the euro fell on Monday as investors sought refuge in the dollar, after a fast-spreading new coronavirus strain shut down much of the United Kingdom
Sterling has also suffered due to heightened global demand for the greenback, with a gauge of dollar strength up for a seventh session.
Johnson was expected to tell Welsh farmers on Tuesday they will get a better deal after Brexit
Strong earnings from Bank of America and Goldman Sachs as well as a multibillion-dollar deal in the fintech sector kept stocks in positive territory.
LONDON: The British pound jumped Wednesday after the BBC reported that a majority of Conservative Party lawmakers were set to back Prime Minister Theresa May in a no-confidence vote. At about 1330 GMT, sterling advanced to $1.2579, having earlier hit a fresh 20-month low at $1.2478. The pound recovered to 90.18 pence versus the euro. According to the BBC, May was set to win the vote with at least 158 Conservative MPs -- more than 50 percent of those eligible -- having pledged their support for the embattled premier. May…
PARIS/LONDON: France and Britain were vying for fifth place on the list of the world's biggest economies on Wednesday, with France nudging ahead after a renewed slump in the pound in the wake of the Brexit vote, Reuters calculations showed.
BEIRUT: Nearly 30 air strikes hit rebel-held areas of Syria's northern city of Aleppo on Saturday, killing more people in a ninth straight day of bombardments by warring sides, and a temporary "calm" declared by Syrian military took hold around Damascus and in the northwest.