Bloomberg The odds of Deutsche Boerse AG successfully taking over London Stock Exchange Group Plc is just 26 percent after the U.K.’s vote to leave the European Union raised questions about the deal’s logic. That’s according to the average estimate of 25 event-driven desks, equity analysts and fund managers surveyed by Bloomberg News. A common market calculation based on …

  Bloomberg Christopher Shepherd helped build a Nissan Motor Co. factory in Sunderland, England, that thrives on the U.K.’s membership in the European Union. Last week, in the EU referendum, he cast a ballot to quit. Shepherd, a 73-year-old retired construction worker, was joined by 61 percent of the electorate in Sunderland, making the gritty city in England’s Northeast a …

In a service to all South China Sea watchers, the Permanent Court of Arbitration (PCA) announced that its award in Philippines v. China will be announced on July 12. For the outgoing Aquino administration in the Philippines–the initiator of the arbitration–the award has come a little too late. But, for Rodrigo Duterte, the Philippines’ new president, who’s sent mixed signals …