Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
The pound was trading just below $1.42 on Tuesday morning
Germany warns of greater market volatility if the UK backs Brexit, with the latest polls suggesting Leave in the lead.
The pound has continued its slide against other
major currencies and the FTSE 100 has slumped below the 6000 barrier as a
growing number of polls suggest the UK on course to leave the EU
following next week's referendum.
The social network's shares soared by 49% on news of the acquisition, which is set to be completed by the end of the year.
Microsoft has signed a surprise deal to buy the professional social network LinkedIn for $26.2bn (£18.3bn) in cash.
In a statement, the tech company said LinkedIn would "retain
its distinct brand, culture and independence" following the
acquisition.
