Stock prices in France are fluctuating amid uncertainty over the country’s political future, although bonds remain relatively stable. ADVERTISEMENT French markets were volatile on Monday morning after France’s far-left coalition party secured a surprise victory in parliamentary elections on Sunday evening. After a modest decline in early trading, shares in the CAC 40 rebounded strongly, … Read more
The Labour Party wins the UK general election, securing an overwhelming majority. Analysts see positive implications for UK assets and economy. ADVERTISEMENT The Labour Party has won a landslide victory in the 2024 general election, resulting in a dramatic change in the UK’s political landscape. The party has won 410 seats, a significant increase of … Read more
From fuel tax hikes to fixing millions of potholes and accelerating the petrol ban Our guide to how a Labour government will affect motorists and their money We have a new Labour government and motorists want to know what this means for the future of car ownership and driving costs. What can motorists who take … Read more
The Labour Party was widely expected to win a large majority and traders had already priced this in. This led to a muted reaction for the pound. Friday, July 5, 2024 07:07, UK The pound held steady against the US dollar after an exit poll showed the Labour Party on course for a landslide victory. … Read more
Two-time Le Mans winner Romain Dumas continues to shine on Pikes Peak. The Frenchman took his fifth overall title last weekend at the 102nd running of the Pikes Peak International Hill Climb and did it in style with Ford Performance. Dumas, who still holds the all-time Pikes Peak record of 7:57.148 in an electric Volkswagen … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Tesla revealed Friday that chief Elon Musk had won an emphatic victory in shareholder votes on his $56 billion pay package and a proposal to move the company’s headquarters from Delaware to Texas. Musk’s stock … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. France’s finance minister has warned that the country could face a debt crisis similar to the turmoil in the British government bond market under former Prime Minister Liz Truss if the far-right Rassemblement National wins … Read more
A victory in the Labor election will be a “net positive” for financial markets, say strategists at US bank JP Morgan, in an analysis that underlines the appeal of Keir Starmer’s “centrist platform” for the City of London. A Labor majority would benefit banks, builders and supermarkets, analysts led by JP Morgan’s head of global … Read more
Updated June 8 with details about Siri’s improved AI capabilities. Looking back at this week’s Apple news and headlines, including the latest iPhone 16 Pro leaks, iPad Pro’s privacy hardware, Apple’s delayed AI rollout, lack of hardware at WWDC, Apple’s hidden hardware, Android that beats Apple’s security promise, and “I’m A Mac” guy returns. Apple … Read more
Looking back at this week’s Apple news and headlines, including the latest iPhone 16 Pro leaks, iPad Pro’s privacy hardware, Apple’s delayed AI rollout, lack of hardware at WWDC, Apple’s hidden hardware, Android that beats Apple’s security promise, and “I’m A Mac” guy returns. Apple Loop is here to remind you of some of the … Read more