That's all from the Business Live page for today. Join us again tomorrow from 06:00 for more business news as it happens.

Image source, Reuters

Deutsche Bank shares hit a new record low today. Its value has halved since the beginning of the year.

So is it now the most dangerous bank in the world?

According to the International Monetary Fund - yes.

Read more here.

Wall Street stocks finished higher as officials sought to reassure investors of limited impact from Britain's decision to leave the European Union.

German Chancellor Angela Merkel said Britain's 23 June vote would have limited impact on the country's economy, while Federal Reserve Governor Daniel Tarullo said world financial markets are well prepared for it.

Minutes from the US central bank's June policy meeting showed policymakers decided in June that interest rate hikes should stay on hold until they have a handle on the consequences of the Brexit vote.

A recovery in oil prices and strong US services data also helped alleviate some concerns about a potential global economic slowdown.

The Dow Jones industrial average was up 78 points, or 0.44%, at 17,918.62, the S&P 500 had gained 11.18 points, or 0.54%, rising to 2,099.73 and the Nasdaq Composite had added 36.26 points, or 0.75%, finishing at 4,859.16. 

Image source, AFP

The US has decided to sanction North Korean officials, including leader Kim Jong Un, over "notorious" human rights abuses

The sanctions could have "global financial implications" for the individuals, the State Department said.

Kim, ten other individuals, and five government ministries and departments were sanctioned by the US Treasury Department.

State Department spokesman John Kirby said the sanctions were not just symbolic and could be picked up and observed by other countries now that they have been implemented by the United States.

"Quite frankly, there could be global financial implications for some of the individuals," Mr Kirby said.

Brian Coulton, chief economist at Fitch Ratings, says the Federal Reserve will be unlikely to raise US rates until later this year after Brexit and US jobs numbers.

Aberdeen Asset Management has suspended property fund trading "due to rapidly changing commercial property market conditions".

The firm is the latest major investor to suspend trading.

The halt will be from midday on 6 July 2016 to 7 July 2016 at midday, it said.

It will continue to offer clients an option to redeem, but it will impose a 17% penalty for withdrawals.

Image source, Getty Images

France has overtaken the UK as the world's fifth largest economy after the slump in the pound following the Brexit vote, according to Reuters, external.

"With the pound falling below 1.17 euros overnight for the first time since 2013, that means the size of the British economy in 2015 is now equivalent to €2.172trn euros - less than France's official GDP of €2.182trn last year," the article said.

In 2014 the UK overtook France, six years after the financial crisis caused the pound to fall and allowed France to regain a position it had lost in 1997.

Federal Reserve policymakers decided in June that interest rate rises should stay on hold until they have a handle on the consequences of Britain's vote on EU membership, according to the minutes from the Fed's June policy meeting.

The minutes for the mid-June meeting, which took place before the 23 June referendum, showed widespread unease over Brexit. 

"Members generally agreed that, before assessing whether another step in removing monetary accommodation was warranted, it was prudent to wait for additional data on the consequences of the UK vote," the minutes said.

Policymakers also cited a slowdown in hiring by US employers as a reason for leaving interest rates unchanged last month.

The story of how it all began between the two friends...

"At first glance, Warren and I may seem like a mismatch. I’m a technology nerd. He’s an investor who doesn’t use email. In fact, I never expected to be friends with him.

"In 1991, when my mother called me to come out to our vacation home on Hood Canal to meet a group of friends, including Warren, I didn’t want to go. I told her I was too busy at work. Warren would be interesting, my mother insisted. But I wasn’t convinced. “Look, he just buys and sells pieces of paper. That’s not real value added. I don’t think we’d have much in common,” I told her. Eventually, she persuaded me to go. I agreed to stay for no more than two hours before getting back to work at Microsoft.

"Then I met Warren. He started asking me some questions about the software business and why a small company like Microsoft could expect to compete with IBM and what were the skillsets and the pricing. These were amazingly good questions that nobody had ever asked. We were suddenly lost in conversation and hours and hours slipped by. He didn’t come across as a bigshot investor. He had this modest way of talking about what he does. He was funny, but what impressed me most was how clearly he thought about the world. It was a deep friendship from our very first conversation."

Bill Gates has blogged , externalabout his 25-year friendship with Warren Buffett. 

He says that Mr Buffett has helped him and his wife "do two things that are impossible to overdo in one lifetime: learn more and laugh more".

And the Microsoft founder also revealed that Mr Buffett eats Oreo biscuits for breakfast.

We reported earlier that Amazon was creating 1,000 new jobs.

It was also an opportunity for journalists to ask about the impact of Brexit.

Doug Gurr, head of Amazon UK said that sales "were in line with expectations". 

"We don't know what the impact will be. As far as we're concerned right now, we're keeping our heads down and continuing to do what we do... we'll deal with whatever situation arises. "

A story for tennis and Twitter fans.

Select tennis matches at Wimbledon are being live-streamed on Twitter. This marks the first time the tech firm has broadcast footage from a sports event in this way.

However it's a work in progress:

"This live-stream is an extremely early and incomplete test experience, and we'll be making lots of improvements before we launch it in its final form," Twitter said in a statement.

Read the full story here

After starting the session by trading lower, stocks on Wall Street are now heading higher.

The Dow Jones is up 0.33% to 17,898.66

The Nasdaq has risen 0.56% to 4,849.94

The S&P has jumped 0.39% to 2,096.72

Earlier we reported that Canada Life had suspended its property fund. This is what the company has said:

Image source, Getty Images

The French government has pledged to make its tax regime for expatriates the most favourable in Europe in a landgrab for London banking business displaced by the UK's decision to quit the European Union.

"We want to build the financial capital of the future," Prime Minister Manuel Valls said. "In a word, now is the time to come to France."

Mr Vall's said France's already favourable tax regime for expatriates and French nationals returning from stints abroad would in future be applicable for their first eight years in France, up from five currently.

BBC World Service

Image source, AFP

About 500 Venezuelan women have broken through military border controls and rushed across a bridge into Colombia in search of food, reports BBC World Service.  

The women said they had bought rice, sugar, flour, toilet paper and oil in the north eastern Colombian city of Cucuta before returning to the Venezuelan town of Urena. 

Venezuela's economic crisis has led to acute shortages of basic commodities. 

These are said to be particularly severe near the border following its closure by the Venezuelan government almost a year ago. Read more here