Moody's Hampton: PROMESA won't prevent Puerto Rico default

Moody's Investors' Service Senior Credit Officer Ted Hampton talks with Bobbi Rebell about Puerto Rico's $2 billion debt payment due Friday, and new legislation to help the island's financial crisis.

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British bankers get Brexit blues

For British bankers the shock of Brexit has passed. Now the anxiety is setting in. As Julian Satterthwaite reports, city insiders say the sector is suffering from an information vacuum

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Waldorf Astoria turning into condos

China's Anbang Insurance Group plans to convert as much as three-quarters of the rooms at New York's landmark Waldorf Astoria hotel into apartments. Bobbi Rebell reports.

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Britain's start-up scene gets set for 'techxit'

Britain's tech start-up scene was having a bumper year. And then voters decided to leave the European Union. Now fears over immigration laws, funding and a brain drain abound. But there could also be some positives, as Reuters' Mia Reakes reports

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Brexit: easyJet says no decision on HQ

EasyJet says it will not decide whether to relocate its legal headquarters until Britain's new relationship with the European Union is clear. As Grace Pascoe reports, this follows a report which said its CEO had signalled a move from the UK was almost inevitable.

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Hope for markets after Brexit turmoil?

The prospect of further cuts in interest rates and bond-buying to support a fractured global economy kept stock markets on the up in Europe and Asia and drove U.S. and European government bond yields to their lowest in years. As Grace Pascoe reports, it follows signs the world's big central banks will go even easier on monetary conditions.

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Breakingviews: Skullcandy investors miss a beat

A bidding war for the headphones maker won't match its 2011 IPO hype. Samantha Acriche and Kate Duguid explain why down-tempo revenue means shareholders will be singing the buyout blues.

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