Global stock markets and the pound fell on Monday amid worries that Britain will opt for a "hard exit" from the European Union in which it severs its access to the bloc's single market. That would mean leaving the EU single market, which guarantees no tariffs on goods and services. POUND: The Brexit concerns are taking a toll on the pound. Takata shares finished down 10.1 percent. Automakers have recalled 42 million cars equipped with 69 million Takata air bag inflators in the U.S., the largest automotive recall in U.S. history.
Source: ABC News January 16, 2017 06:21 UTC