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May cabinet split three ways on Brexit transition

Theresa May

Prime Minister Theresa May’s cabinet is divided over the time frame to be adopted for Britain’s exit from the European Union. While one faction is advocating a harder brexit or a quick divorce from the association of European economies, the others do not seem to agree with it. This development has split the May cabinet in three ways.

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Tiktin Real Estate Investment Services brokers $5.15 million (£4.12 million) sale of property in Cocoa

Real Estate Investment

Tiktin Real Estate Investment Services (TREIS), a commercial real estate Investment sales brokerage, has announced the sale of Clearlake Square, an 85,522 square-foot shopping center anchored by Winn-Dixie at 1066 Clearlake Road in Cocoa, Florida.

The sellers, Cocoa Commercial Properties, LLC and Top of the Ridge, LLC, sold the retail center to ATS Residential, a Florida-based real estate investment firm, for $5.15 million (£4.12 million).

Adam J. Tiktin and Cliff D. Weisner of TREIS represented both the sellers and buyer in cooperation with Steve Aberman of WBS Properties. The closing took place March 7.

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White House win for Trump: Markets stunned, oil stumbles


Markets went into disarray, sending oil prices into turmoil as Donald Trump stunned the world by winning the U.S. presidential election reminding of Brexit earlier this year.

Oil prices take a dip

As Trump defeated Democrat Hillary Clinton in the bid for the White House, crude futures markets roared into action.

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Donald Trump victory: Markets take stock of the situation


Initial reactions of shock in markets across Europe are giving way to recovery following Donald Trump’s successful bid to White House.

The shock of Trump’s victory is being compared with Brexit by some analysts. However, markets as well as currencies have shown measured reaction and have not reacted as wildly as they did following Brexit.

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After Trump shock: Dollar, global stocks, Mexican peso fight back


Donald Trump’s shock victory stumps world markets

Donald Trump’s victory in the U.S. presidential election saw the U.S. dollar, Mexican peso and world stocks fall on Wednesday, but fears of a Brexit-type shock has not yet appeared.

Investors fear global economic and trade turmoil and years of policy unpredictability as the result of Trump victory, which could discourage the Federal Reserve from raising interest rates in December as long expected.

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Strong domestic telecoms business pushes SoftBank second-quarter profit up 6.8 per cent

SoftBank 56

A strong performance by Japan’s domestic telecom business has pushed up the operating profit of SoftBank Group Corp by 6.8% for the second quarter; it was reported on Monday,

SoftBank’s biggest overseas takeover

SoftBank has bought ARM (UK’s most valuable technology company and chip designer company) in September for $32 billion, in what is termed to be Japan’s biggest international deal. The company’s second quarter profit rose from 313.4 billion yen to 334.7 billion yen in a year.

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Brexit: Residential rental demand remains unaffected by Brexit, moves up in August


The demand for rented homes went up in August despite a fall in supplies at the same time, a research by Association of Residential Lettings Agents (ARLA) shows. The research shows that the outlook for the market remains positive despite Brexit. Majority of letting agents say that the demand for residential rentals has gone up despite Britain’s decision to leave the European Union.

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