Wall Street rises with oil; investors shrug off Italian referendum

Financial shares and strong oil prices bolstered U.S. stocks on Monday while currency and bond investors shrugged off Italian Prime Minister Matteo Renzi’s resignation, following voters’ rejection of his constitutional reforms. The Italian referendum stoked worries about Italy’s political stability and its banking system, but U.S. Treasury yields reversed their fall as the initial demand for low-risk U.S. government debt faded with a euro and stock price revival. “The initial reaction was quite negative, but as we have seen recently with other political events, risks will likely be played out…

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Brexit: Europe’s university leaders call for ‘continued collaboration’ after EU referendum result

University leaders from across Europe have come together in a “turbulent time” to stress the importance of continued higher education collaboration following the UK’s vote to leave the European Union. Signing a joint statement, the leaders from over 20 countries, including Germany and France, have highlighted the importance of international cooperation and exchange, and insist universities are strongest when they tackle issues collaboratively. Although they have acknowledged the UK will develop a new relationship with the EU, the signatories have called for continued “research and exchange relationships between Europe’s universities, for…

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ECU referendum result: What does Brexit suggest for the UK’s higher schooling region and students?

Figures inside the better schooling zone can have awoken with a bitter taste on Friday with the news the United Kingdom has voted to depart the ecu Union. On Monday, the heads of 103 universities had issued an impassioned open letter expressing how they have been “gravely involved” approximately the effect of a depart vote on their universities and students, cautioning electorate that the electricity of their universities on nearby groups and economy “must not be underestimated.” study greater An open letter to united kingdom voters from leaders of 103…

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ECU referendum end result: Scotland’s better schooling quarter emphasises ‘not anything adjustments in a single day’

As the United Kingdom files for divorce from the ecu Union after greater than 40 years collectively, all eyes have fallen on Scotland wherein all 32 council regions overwhelmingly sponsored stay, a spectacular sixty two according to cent to just 38 according to cent for depart. First Minister Nicola Sturgeon stated the humans of Scotland see their future as part of the eu, adding that a 2nd Scottish independence referendum is “surprisingly in all likelihood” with those unswerving to stay expressing situation that the north of the UK is being…

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EU Referendum: Business boost for Cameron as they say Brexit will hurt UK jobs

Company bosses and business leaders have warned that leaving the European Union would put British jobs at risk. That is the view put forward in a letter to The Times signed by 200 business leaders, including more than a third of Britain’s 100 largest companies. Signatories backing David Cameron’s stance include chairmen or CEOs of companies from the FTSE 100 including Asda, BT, Vodafone and Marks & Spencer. The letter hails pledges to cut red tape, deepen the single market and sign off new trade deals in the agreement finalised…

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