France’s Macron calls for snap election after losing big to the far right in EU vote

French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in Paris, France, on May 21, 2024. Yoan Valat | Afp | Getty Images French President Emmanuel Macron on Sunday said he would dissolve the country’s parliament and call for a new legislative nationwide vote after … Read more

EU elections 2024: European Parliament results

A woman casts her ballot paper for the European elections at a polling station. Picture Alliance | Picture Alliance | Getty Images Populist, far-right parties won record support in this year’s European Parliament elections, early exit polls and estimates indicated on Sunday. The far-right Identity and Democracy group made major gains, while the right-wing European … Read more

Ruling ANC loses majority in parliament

Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa.  Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during … Read more

Meta slapped with child safety probe under sweeping EU tech law

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Facebook parent company Meta on Thursday was hit with a major investigation from the European Union into alleged breaches of the bloc’s strict online content law … Read more

Slovak PM Fico shot and in a ‘life-threatening’ condition

Prime Minister of Slovakia Robert Fico attends a press conference during a Special European Council Meeting on April 18, 2024 in Brussels, Belgium. Pier Marco Tacca | Getty Images News | Getty Images Slovakia’s populist Prime Minister Robert Fico on Wednesday was shot multiple times in an assassination attempt that has sent shockwaves across the … Read more

Economy emerges from a technical recession

Copies of the Evening Standard outside the Bank of England in the City of London, after figures showed Britain’s economy slipped into a recession at the end of 2023.  Yui Mok | Pa Images | Getty Images The U.K. economy has emerged from a recession as gross domestic product rose 0.6% in the first quarter, … Read more

Bank of England holds rates, stresses June cut depends on coming data

City of London skyline on 6th March 2024 in London, United Kingdom.  Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Thursday held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal. Members of the … Read more

UBS first-quarter earnings 2024

UBS logo is seen at the office building in Krakow, Poland on February 22, 2024. Jakub Porzycki | Nurphoto | Getty Images UBS on Tuesday reported a net profit of $1.8 billion for the first quarter of the year, smashing analyst expectations. Lower expenses following the takeover of Credit Suisse in June 2023 helped the bank post … Read more

Shell beats profit estimates, launches $3.5 billion share buyback

The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading. Shell reported adjusted earnings of $7.7 billion for the … Read more