Markets react to Labour election win as focus shifts to interest rates

New Labour Prime Minister Keir Starmer will make his position known during the Speech from the Throne on July 17. (REUTERS/Reuters) The Labour Party won a landslide victory on Thursday night, taking the British Parliament to 412 seats by Friday afternoon. Eleven members of the outgoing Conservative government lost their seats, in a defeat for … Read more

Dumas and Ford win Pikes Peak despite stopping on course

Romain Dumas took his fifth outright victory in the famous Pikes Peak hill climb aboard Ford’s F-150 Lightning SuperTruck electric demonstrator, despite briefly coming to a stop and having to restart. Dumas explained that the failure, which required him to perform a power cycle, had never occurred before during the two-year development of the prototype … Read more

French shares are heading for their worst week since 2022 on fears of a populist election win

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. French shares tumbled on Friday after the prospect of a far-right government with the left as the main opposition roiled European financial markets, deepening a sell-off that has wiped almost €100 billion from the value … Read more

Three scientists win the Kavli Prize for nanosciences in biomedicine

TThree scientists – Robert Langer, Paul Alivisatos and Chad Mirkin – received the 2024 Kavli Nanoscience Prize for their groundbreaking work in biomedicine, the Norwegian Academy of Sciences and Letters announced on Wednesday. The $1 million Kavli Prize recognizes scientists once every two years for significant contributions and breakthroughs in the fields of astrophysics, nanoscience … Read more

Trying to buy a house is ‘playing a game you can’t win’ – BBC News

Image source, Nathan Wilkins Item information Author, Natalie Sherman Role, Business reporter, BBC News 4 hours ago When Nathan Wilkins moved back in with his mother and sister in 2019, he hoped it would help him save money to buy a house. But in the years since, the U.S. housing market has been transformed by … Read more