Elections
UK's Starmer appoints Cabinet; Reeves becomes Finance Minister
New British Prime Minister Keir Starmer swiftly appointed the members of his Cabinet after crushing the Conservative Party in Thursday’s General Election.
French election stalemate leads to worries about spending plans
France faced an uncertain political future on Monday after voters rejected the idea a of government led by Marine Le Pen's far-right National Rally but also failed to endorse fully centrist or left-wing alliances, with uncertainty around the spending plans of any incoming administration causing concern among analysts.
UK election: Labour in landslide as Tories wiped out
Britain’s Labour Party, led by Keir Starmer, swept to power after the ruling Conservative Party was booted from office in a humiliating defeat - the worst in its history.
Election nerves cast shadow over UK economy - PMI
Growth in the UK private sector unexpectedly slowed in June, a closely-watched survey showed on Friday, as uncertainty around the general election weighed on business.
UK's Sunak pledges £17bn in tax cuts, but questions remain over reliability of planned funding
Embattled UK Prime Minister Rishi Sunak has promised almost £17bn in tax cuts in an effort to kick-start his faltering election campaign that sees his Conservative Party trailing badly in the polls ahead of the vote on July 4.
Modi loses majority in India election, but will still form govt
Narendra Modi’s ruling Bharatiya Janata Party has lost its parliamentary majority in India's general election, leaving the prime minister to negotiate with regional coalition partners in order to form a government.
Election landslide looks unlikely for India's Modi; Shares fall 6%
India’s nationalist prime minister Narendra Modi looked set to win a third term in government, but early poll results suggested the expected landslide victory may not materialise.
Reeves rules out snap budget if Labour wins election
UK Labour Party shadow finance minister Rachel Reeves said there would be no emergency budget statement this summer if her party won the general election on July 4 and also ruled out further tax rises beyond what had been outlined already.
Trainline says Labour has no plans to revive UK ticket app, website
Britain's opposition Labour Party has no plans to revive government plans to introduce a national rail ticket website and app if it wins the next General Election, online platform Trainline said on Friday.
Biden to face Trump as Nicky Haley pulls from US electoral race
The race for the US presidency looked set to be a repeat of the 2024 contest between incumbent Joe Biden and the man he defeated, Donald Trump, after the last Republican candidate Nikki Haley ended her challenge and pointedly refused to endorse the controversial businessman.
Tories lose two by-elections as Sunak insists tax cuts still viable
Britain's embattled ruling Conservative Party had two safe seats ripped from their grasp in by-election defeats overnight, a day after the country entered recession, with Prime Minister Rishi Sunak doubling down on his claims that he still had scope to offer tax cuts.
Sunak sees election 'in second half of 2024'
UK Prime Minister Rishi Sunak said he expects a general election to take place in the second half of next year after weeks of speculation that he would call an early poll in May.
UK spring Budget set for March 6, fuelling election speculation
Britain's spring budget statement will be delivered on March 6, the Treasury announced on Wednesday, amid suggestions the government may axe inheritance tax in an attempt to narrow a large opinion poll deficit ahead of a General Election which must be called by January 2025.
US close: Markets tread water ahead of non-farm payrolls
US stocks finished flat to slightly lower on Thursday as investors chose to tread cautiously ahead of the much-anticipated non-farm payrolls report.