Headline News

Labour Party Triumphs: Keir Starmer Vows National Renewal

Labour Party, led by Keir Starmer, wins UK general election, ending 14-year Conservative rule. Starmer pledges "government of service" focused on national renewal. Outgoing PM Rishi Sunak concedes defeat and resigns. Labour's victory attributed to rejection of right-wing populism and centrist approach. Tories' defeat partly due to smaller parties siphoning off votes.

President Biden's Fitness Raises Concerns After Debate Performance

President Biden's Fitness Raises Concerns After Debate Performance

UK's First Female Chancellor Rachel Reeves Pledges Economic Prosperity

UK's First Female Chancellor Rachel Reeves Pledges Economic Prosperity

Labour Party Claims Landslide Victory in UK General Election

Labour Party Claims Landslide Victory in UK General Election

President Biden to Address Fitness Concerns in ABC Interview

President Biden to Address Fitness Concerns in ABC Interview

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Business News

Shell Faces $2 Billion Impairment, Halts Biofuels Plant Construction

Shell anticipates a post-tax impairment of up to $2 billion, mainly due to its Singapore and Rotterdam plants. It paused construction at the Rotterdam biofuels plant amid market conditions. The company also foresees lower trading performance, despite stronger production and oil trading. Shell aims to optimize its projects and focus on low-carbon fuels, with the biofuels plant being a key part of its energy transition strategy.

US Labor Market Shows Signs of Softening, Job Growth Slows

US Labor Market Shows Signs of Softening, Job Growth Slows

HBC Acquires Neiman Marcus, Creates Saks Global in Landmark Deal

HBC Acquires Neiman Marcus, Creates Saks Global in Landmark Deal

Samsung Electronics Surpasses Profit Expectations with AI Chip Demand

Samsung Electronics Surpasses Profit Expectations with AI Chip Demand

June Jobs Report Raises Expectations for Fed Rate Cuts

June Jobs Report Raises Expectations for Fed Rate Cuts

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