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Economy

The DUP said earlier on Friday it would not comment on reports that it had agreed to back May's ruling Conservatives . It would mean the DUP backing the Government on its Budget and prevent it being brought down by motions of no confidence, but could potentially lead to other issues being decided on a vote-by-vote basis.
  • Lewis Hamilton snatches pole position in Montreal with stunning lap time

    Lewis Hamilton snatches pole position in Montreal with stunning lap time

    Economy

    While Hamilton was clearly emotional when receiving an Ayrton Senna helmet after matching his idol's pole tally, both his and Vettel's qualifying performances was just being digested by the Sky F1 pundits. Canadian Christine Archibald, who hailed from British Colombia, was the first victim to be named after the attack and the promoters of this weekend's Montreal race have called on Formula One to hold the tribute in her honour.
  • Sterling stunned by United Kingdom election shock, stocks await more results

    Sterling stunned by United Kingdom election shock, stocks await more results

    Economy

    The BBC is projecting that the Conservatives will be the largest party with 318 seats - eight short of a majority. On the bond side, 10-year gilt yields have risen 2.5% to 1.057%, but they remain almost 15% down year-to-date. Markets were also keeping a close eye on the European Central Bank , which is pumping €60 billion (£52 billion) a month into the single currency bloc's economy, despite it enjoying its best run of growth for a decade.
  • Britain's Theresa May reaches 'outline' power deal after election fiasco

    Economy

    Downing St. chiefs of staff Nick Timothy and Fiona Hill, who resigned Saturday, formed part of May's small inner circle and were blamed by many Conservatives for the party's lackluster campaign and unpopular election platform, which alienated older voters with its plan to take away a winter fuel allowance and make them pay more for long-term care.
  • Conservatives' chief whip in North for DUP talks

    Economy

    As a result , she will be forced to rely on the support of the Democratic Unionist Party's (DUP ) ten MPs - raising the prospect that the Conservatives could struggle to pass key legislation such as a Queen's Speech or budget. But the Protestant DUP was founded to defend Northern Ireland's place in Britain against demands by Catholic republicans for a united Ireland. With the support of the DUP's ten MPs, by contrast, Ms May is able to command a voting bloc of 328.
  • Russia Calls For Dialogue In Qatar Diplomatic Crisis

    Economy

    Qatar, however, is not entirely without support. He was speaking as his Bahraini counterpart met with Turkey's president in Ankara. "We are now buying Turkish products", he said . Additionally, Saudi Arabia sealed shut Qatar's only land border, impacting a significant source of food imports for the peninsula nation. In separate statements Saturday, they lauded Trump for his supportive stance.
  • May Still in Search of Deal to Form a Government

    May Still in Search of Deal to Form a Government

    Economy

    He aides, Nick Timothy and Fiona Hill , quit on Saturday following sustained criticism of the campaign within the party. May announced later that Gavin Barwell - a former housing minister who lost his seat in Thursday's election - would be her new chief of staff.
  • Share markets shrug off United Kingdom election, but pound pummeled

    Share markets shrug off United Kingdom election, but pound pummeled

    Economy

    This morning, Analyst at Caxton FX, Alexandra Russell-Oliver, told the Daily Star Online: "Sterling is now trading above 1.15 against the euro and 1.29 against the dollar". London's main FTSE 100 stock index, composed of multinational companies that largely earn in foreign currency and therefore benefit when the pound falls, climbed as much as 1.3 percent, before closing up 1 percent on the day.
  • South Africa shock Nigeria in CAN qualifier

    South Africa shock Nigeria in CAN qualifier

    Economy

    It marked the first time South Africa would beat Nigeria in a competitive match. "I am satisfied with my team and we have to be positive because we can not always win". "We had difficulties to finish the match physically because some of my players were exhausted". But the mentor said he had a gut feeling they would perform when he saw the energy levels in the players on the first day he took them for training last Monday and how they had all responded to his philosophy.
  • Saudi, allies unveil Qatar-linked 'terrorism' list

    Economy

    Trump, on the other hand, took the side of the four gulf states implementing the blockade over Qatar's alleged funding of terrorist groups. At the same time Russian presidential aide, Yuri Ushakov, while reviewing efforts exerted by the president and foreign minister for the sake of achieving a political and diplomatic settlement, added that he would not say that Russia had any intention of acting as a mediator between Qatar and the countries that severed relations with it.