PARIS / AFP UK consumers’ view of the economy’s long-term prospects have deteriorated since the country voted in June to leave the European Union. IHS Markit’s index of economic optimism over the next 10 years dropped to minus 18.4 percent in November from minus 11.1 percent in August and minus 3.5 percent in July, it said on Tuesday. The …

  Brussels / AFP The EU will require big foreign banks operating in Europe to set aside billions in reserve funds in a tit-for-tat move against the United States that could also affect post-Brexit Britain, a draft proposal seen by AFP said. The European Commission, the executive body of the 28-nation European Union, on Wednesday will announce a series of …

  Bloomberg Brexit may have wounded London’s reputation as a leading hub for financial-technology companies, but now an unlikely hero is helping to protect its edge: the UK regulator. Take SETL, a startup that seeks to harness blockchain technology. The London-based firm says it became the first to use the digital ledger, which is the same architecture bitcoin uses, to …