Business

FTSE 100 rises but pound suffers after shock election result

FTSE 100 rises but pound suffers after shock election result

But in the moments after the exit poll predicted the Conservatives would be the largest party, but with fewer MPs, the currency dived to around $1.2730 in Asian trading- its lowest point since the election was called in April. "That's why you are seeing the (U.S.) stock market up and the dollar stronger", he said. The Nasdaq managed to close at a record high on Thursday. It later hovered 2% lower as trading got into gear in London, at $1.2692, after a hung parliament became clear - ...



Turkey seeks end to Qatar crisis by end of Ramadan

The escalating crisis in the Persian Gulf erupted this week when Saudi Arabia , the UAE, Egypt and Bahrain cut ties to Qatar, accusing the country of tolerating or even encouraging support for extremist groups, including al Qaida's Syria branch.


Lessons from the UK Election

Lessons from the UK Election

May's office said Saturday that the Democratic Unionist Party , which has 10 seats in Parliament , had agreed to a " confidence and supply " arrangement with the government. Protesters moved to just outside the gates of Downing Street, where they were met by a wall of uniformed police officers, as bemused tourists posed for selfies nearby.



Merkel Wants to Hold 'Speedy Talks' With UK on Brexit

The decision of Britain to leave was a shocking and cathartic moment in the 60-year history of the bloc, whose member states want to keep Britain as a close partner once it is out. But without the strong mandate Mrs May had hoped for, and with no majority, the UK's strategy for negotiating Brexit has been thrown into uncertainty.


AFCON Qualifier: Beating Nigeria very interesting - South African coach

AFCON Qualifier: Beating Nigeria very interesting - South African coach

It marked the first time South Africa would beat Nigeria in a competitive match. "We were comfortable on the ball, hit the post twice; I am absolutely delighted". The Super Eagles have missed the last two editions of the tournament and were looking for a fine start to their qualifying game, so they can feature in Cameroon in 2019.



What time is the Serbia v Wales World Cup qualifier on TV?

Wales are third in their group, four points behind Serbia , having drawn four of their five matches so far with Bale scoring in each of their last two games. The suspended Real Madrid Forward was nowhere to be seen at the the Vale Resort in Cardiff, while skipper Ashley Williams and Co shared a laugh before their Group D fixture.