Markets
UK general election results in a 'hung parliament'
But speculation was rife as the results rolled in around whether the United Kingdom leader might resign or possibly face a leadership challenge. "It's bad. "When you're doing that going into Brexit negotiations - some of the most brutal, arduous negotiations this country has ever faced - you don't have a chance going up against it without really a strong majority". [Full Article...]
Flight shares soar as pound sinks after election shock
Housebuilders Taylor Wimpey (TW.L) Barratt Development (BDEV.L) and Persimmon (PSN.L) all fell 2.4 to 3.5 percent. The pound declined as much as 0.3 percent in early trading in Asia Monday, though losses were contained even as the latest terror incident at a popular nightlife spot, which also left 21 people injured, gripped United Kingdom politics amid a tightening election race. [Full Article...]
Theresa May forms a Government to delver BREXIT
But on taking leadership of the party in 2016, Arlene Foster promised to block any attempt to change these laws, telling reporters "I would not want abortion to be as freely available here as it is in England". "I make no apology for saying that the DUP will always strive for the best deal for Northern Ireland and its people but equally we want the best for all of the United Kingdom", she said... [Full Article...]
UK election: Hung Parliament as Theresa May fails to gain majority
Former finance minister George Osborne, who was sacked by May, told ITV News: "Clearly if she's got a worse result than two years ago and is nearly unable to form a government then she I doubt will survive in the long term as Conservative party leader". [Full Article...]
Theresa May to form fragile government after UK election debacle
Based on current seat projections, Labour and its potential allies fall short of the 326 required to form a majority. Meanwhile, Labour leader Jeremy Corbyn said his party had "won this election" after its best vote share since 2001, at 40 per cent, fuelled by an extraordinary turnout of students and young supporters. [Full Article...]
UK PM May's Conservative Party Suffers Stunning Upset In Election
The pound hit an eight-week low against the dollar and its lowest levels in seven months versus the euro before recovering slightly on news she would form a DUP-backed government. "In the end, the Conservative Party has lost its outright majority, and has had to rely on gains in Scotland to secure a working majority in a hung parliament ", he said. [Full Article...]
Merkel says ready for Brexit talks, assumes UK sticking to its plan
It is her first comment since Mrs May's Conservative party lost 13 seats. Her Conservative Party lost 10 seats and she ended up giving her blood-enemy Jeremy Corbyn a major victory as his Labour picked up 29 seats. European Union leaders expressed concern that May's loss of her majority would raise the risk of negotiations failing, resulting in a legal limbo for people and business. [Full Article...]
Apple's Unveils New HomePod Voice-controlled Speaker, Competing With Amazon's Echo
Paying for more than one music service is redundant and while Apple hasn't formally ruled out HomePod integrations with the likes of Spotify, be prepared to subscribe to Apple Music if you want to be able to make the most of your new speaker. [Full Article...]