Wilbur Ross is unlikely to pursue a takeover of Tata Steel's UK business in the wake of the EU referendum, Sky News learns. 15:02, UK, Saturday 25 June 2016.
The UK has had its credit rating outlook cut to "negative" by the ratings agency Moody's after the country voted to leave the EU.
A trader at the New York Stock Exchange sported a Union Jack on her bag. The Dow Jones industrial average finished down over 600 points after the vote results became known.
17.01: The FTSE 100 closed down 3 per cent or 199.41 points at 6138.69 after a tumultuous day on markets following the UK vote to leave the EU.
FRANKFURT: Central banks across the world shifted into crisis-management mode, as the UK's vote to leave the European Union tipped markets into turmoil and cast a pall over the already-weak outlook for global growth.