U.S. Treasury Secretary Jacob J. Lew said financial markets are functioning in a orderly way after Britain's vote to leave the European Union and signaled attempts by individual countries at currency intervention aren't warranted.
“Brexit” has thrown Sony SNE -1.67 % into a tug of war between global currencies. Yet that is mostly a distraction from the Japanese electronics giant's turnaround.
The hangover from the U.K.'s decision to exit the European Union continues to weigh on risk assets around the world Monday, with U.S.
Bottles of Pepsi are displayed in a food truck's cooler on July 22, 2014 in San Francisco, California. Bottles of Pepsi are displayed in a food truck's cooler on July 22, 2014 in San Francisco, California.
Medtronic MDT 0.00 % Plc on Monday said it agreed to acquire HeartWare International Inc. HTWR 91.78 % for $1.1 billion, adding more heart-failure products to the medical-device maker.