History shows how a UK election can impact the country's stock market
The MSCI UK index has been up by circa 6% six months after Labour victories and down circa 5% following Conservative wins, according to Citi.
CNBC Europe
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
The UAW alleges Mercedes-Benz fired pro-union workers, forced workers to attend anti-union meetings, and interfered with workers' ability to advocate.
Macron: French AI boom could help EU close tech innovation gap with U.S. and China
"It's insane to have a world where the big giants just come from China and the U.S," French President Emmanuel Macron told CNBC's Andrew Ross Sorkin.
British retail sales plunge 2.3% in April, missing estimates
U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.
Shock summer election in Britain predicted to deliver 'historic' result
Polls suggest the Conservative Party will lose power after 14 years, as the U.K. heads into a six-week election campaign.
JetBlue, British Airways seek partnership to expand networks
JetBlue, British Airways need DOT approval for the code-sharing agreement, which would allow the airlines to sell seats on each other's flights.
Citi fined $79 million by British regulators over fat-finger trading and control errors
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.
Norway, Ireland and Spain to recognize Palestinian statehood
Norway, Ireland and Spain will recognize an independent Palestinian state, the three countries' prime ministers said Wednesday.
UK inflation comes in hotter than expected, slashing June rate cut bets
The Office for National Statistics released inflation figures for April on Wednesday.
'I was too trusting': Ex-Post Office boss apologizes after widespread miscarriage of justice in Britain
Vennells said she was "disappointed ... information wasn't shared," after the Post Office pushed for the wrongful convictions of hundreds of subpostmasters.
Passengers on flight hit by extreme turbulence arrive in Singapore
More than 140 people on the Singapore Airlines flight arrived safely in Singapore Wednesday.
New Covid FLiRT variants spark concerns of a summer spike
New strains of Covid-19 are spreading globally, raising concerns among health professionals about a possible summer spike in cases.
World Economic Forum founder Klaus Schwab to step back from executive role
The World Economic Forum confirmed that founder Klaus Schwab is moving away from the day-to-day management of the organization after more than 50 years at the helm.
World’s first major law for artificial intelligence gets final EU green light
European Union member states on Tuesday agreed upon the world's first major law for regulating artificial intelligence.
Tech giants pledge AI safety commitments — including a ‘kill switch’ if they can’t mitigate risks
Major tech companies, including Microsoft, Amazon, and OpenAI, came together on Tuesday in a landmark international agreement on artificial intelligence safety.
Britain's inflation rate could be about to drop below the Bank of England's 2% target
The headline inflation rate could be 'momentous,' but markets remain divided on the chance of a June cut and services will be the one to watch.
AstraZeneca targets $80 billion in total revenue by 2030 in 'post-Covid era'
Pharmaceutical company AstraZeneca is planning to increase its total revenue by 75% and release 20 new medicines by 2030, including cancer treatments.
WikiLeaks founder Julian Assange can appeal extradition to U.S., UK court rules
WikiLeaks founder Julian Assange has the right to appeal against his extradition to the U.S., a high court in London found Monday.
UK stocks are outperforming the U.S. and one CIO says they look 'very cheap'
The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher.
Microsoft's Mistral partnership avoids merger probe by British regulators
Mistral, a French AI firm founded in 2023, won a 15 million euro, or $16 million, investment from Microsoft earlier this year.
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