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Pressure builds on UK Labour to back 2nd Brexit referendum

Bloomberg Pressure is building on UK opposition leader Jeremy Corbyn to switch course and back a referendum on whatever Brexit deal the government reaches with the European Union. Labour Party activists are trying to force a debate on the issue at its annual conference in Liverpool next month. If they succeed—and there are still some hurdles—a second plebiscite that could ...

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US stocks mixed amid trade fears; oil drops, bonds steady

Bloomberg US stocks erased early losses prompted by renewed trade fears as gains in megacap technology shares left major benchmarks little changed. Oil slumped and Treasuries rose. The S&P 500 Index was flat after a four-day advance as Washington and Beijing set dates for new levies on billions in goods. Trading was 20 percent below average. Tech and bank shares ...

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Ruble heads towards 20-month slump as ‘US bill’ jolts Russia

Bloomberg The ruble headed for its weakest closing level since November 2016 and Russian stocks and bonds plunged after local media published the full text of a US bill seeking “crushing sanctions” for election meddling. The currency slid 2.2 percent to 64.91 per dollar on Wednesday, sinking the most among major peers and breaking out of a range it’s traded ...

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