Pound Approaches Two-Year Low on Bleak Economic Outlook

Pound Approaches Two-Year Low on Bleak Economic Outlook

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The pound was within touching distance of a two-year low as signs of economic downturn mounted in a market increasingly betting that policy …
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Brexit Bulletin: Labour's Remain Dilemma

Here's Bloomberg's Kitty Donaldson and Robert Hutton on how it would work. Fund managers are pouring hundreds of thousands of pounds into the
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I did not receive a loan from VBS — Matjila

Former Public Investment Corporation (PIC) chief executive Dan Matjila has denied allegations that he was awarded a loan from the now defunct VBS Mutual Bank. This is after United Democratic Movement (UDM) leader Bantu Holomisa wrote to the PIC …
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Ocado Takes $137 Million Hit From Warehouse Blaze Sparked By Robot

A devastating fire that ripped through an Ocado warehouse in the south of England in February, leaving it unusable, cost the online retailer $137 million (£110 million). The business, which powers its warehouses with armies of clever robots, made the …
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UPDATE 2-Bovis Homes sees more demand even as Brexit weighs on sector

… * Sees more demand for homes. * Sees higher H1 profit, better annual performance. * Cost cuts offset hit from rising build cost (Adds Brexit context, shares, estimates). By Samantha Machado and Noor Zainab Hussain. July 9 (Reuters) – Housebuilder Bovis …
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