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Brexit Vote Unlikely to Curtail Gulf Appetite for UK Property

Harrods, the Savoy, the Shard -- London property has long been a magnet for Gulf investors and Britain's vote to leave the European Union is unlikely to dampen their interest, analysts say.

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Sterling, Stocks Slide on Brexit Alarm

Britain battled to stop worldwide Brexit alarm Monday but failed to prevent the pound crumbling to a three-decade low against the dollar as European shares took a fresh plunge.

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One Fifth of British Businesses May Move Operations Abroad

One fifth of British business leaders are considering moving operations abroad after the country's shock decision to leave the EU, according to a survey from a leading business lobby group.

The Institute of Directors (IoD), which polled more than a thousand of its members between Friday and Sunday, added one in four planned to freeze recruitment following the surprise referendum result.

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Banking, Airline and Property Shares Plunge in London

Shares in banks, airlines and property companies plunged on the London stock exchange Monday as investors singled out the three sectors as being the most vulnerable to Britain's decision to leave the EU.

EasyJet stock fell over 16 percent after the company issued a profit warning, while British Airways parent IAG's shares were down 9.4 percent at around 0900 GMT.

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ECB: Loan Growth in Eurozone Private Sector Picks Up

Growth of loans to the private sector in the euro area edged up slightly in May, European Central Bank data showed on Monday.

For the ECB, the statistics are a key indicator of the economic health of the single currency area, as borrowing is a main financing source for corporate investment which in turn should boost the eurozone's currently weak economy.

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Oil Bounces Back from Lows after Brexit Losses

Oil prices saw a modest rebound on bargain hunting in Asia on Monday, despite uncertainty gripping the markets following last week's decision by Britain to leave the European Union.

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Don't Panic, UK Business Minister Says after Brexit

British business minister Sajid Javid on Sunday urged companies not to panic following Britain's vote to leave the European Union despite dire warnings of the economic consequences of the Brexit vote.

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Foreign Investors Eye UK Property after Brexit Fallout

With property prices in Britain predicted to plummet post-Brexit, foreign investors, especially in Asia, are already poised for a buying spree.

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Blame Flows Freely as West Bank Taps Run Dry

Fatma Ali stands in her small patch of garden in the parched West Bank and wonders how to feed her family of seven when she's had no water in nearly a week.

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London Fears Brexit Exodus of Bankers, Investment

Will Brexit threaten London's long-booming economy? The British capital fears investors and bankers could flee the city after the shock nationwide vote, threatening its coveted reputation as a global financial hub.

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