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Canada M&A hits Brexit roadblock after roaring start to 2016

  Bloomberg Mergers and acquisitions involving Canadian firms slid in the second quarter as market volatility, the U.S. election and the U.K.’s Brexit vote disrupted dealmaking, which reached a nine-year high of nearly $123 billion in the first half of the year. Deals involving Canadian firms were struck in a broad range of industries, including industrials, consumer, and in infrastructure ...

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Where are investors looking after UK’s exit? Anywhere but the UK

  Bloomberg Investors are setting their sights away from the U.K. in their search for markets less vulnerable to fallout from Britain’s vote to exit the EU. Amundi SA sees value in emerging-market rates, given that further central bank accommodation is possible after Brexit. While others appear to snub Europe altogether and turn to U.S. stocks, Indosuez Wealth Management favors ...

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Brexit allies fall out in fierce battle to succeed Cameron

London / AFP Brexit campaigner Michael Gove announced a surprise bid on Thursday to become Britain’s next prime minister, in a blow for his close ally Boris Johnson’s chances, as turmoil gripped both the country’s main political parties after the shock vote to leave the EU. The race for the leadership of the governing Conservative Party kicked off as impatient ...

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