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Stocks, pound fall again due to UK vote uncertainty

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New York, June 28 (AP) - Investor jitters over the economic fallout of Britain's vote to leave the European Union sent U.S. stocks sharply lower Monday.

The latest slump followed another rough day for European markets and a further weakening of the euro and British pound, which last week plunged to its lowest level since 1985.

Ratings agency Standard & Poor's added to the market's anxiety Monday by stripping the UK of its top-shelf credit rating. The firm cited uncertainty over the UK's...
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UK Treasury chief tries to calm markets amid ‘Brexit’ fears

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London, Jun 27(AP) - Treasury chief George Osborne sought Monday to ease investor concerns about Britain's vote to leave the European Union, saying the U.K. economy is as strong as it could be to face the challenge.

In his first public appearance since Thursday's referendum, Osborne stressed...
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Gas price hike may affect business growth: DCCI

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Commerce Reporter

Dhaka Chamber of Commerce and Industry (DCCI) on Monday said the country’s RMG and other import substitute export-led industries may lose global market share and position due to enhanced production cost if gas price is hiked.

“Any gas price hike may affect business...
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