-
UK Prime Minister Theresa May Wins Leadership Vote
Wednesday, December 12, 2018 - 9:19am | 455This story was updated at 4:05 p.m. ET. The British pound rallied Wednesday morning off a 20-month low after U.K. Prime Minister Theresa May was projected to win a no confidence vote. What Happened Members of May's own Conservative party cast a vote Wednesday evening, which determined her...
-
Bank Stocks Move Down As Brexit Hangs In The Balance
Monday, December 10, 2018 - 1:29pm | 662The UK decision to leave the European Union, often referred to as Brexit, appears to be on hold after British Prime Minister Theresa May postponed a scheduled parliamentary vote on her Brexit plan that was scheduled for Tuesday. What Happened May announced the postponement Monday in an address...
-
UK PM Theresa May Brings Draft Brexit Deal To Cabinet
Wednesday, November 14, 2018 - 11:37am | 375The people of the United Kingdom voted in the 2016 referendum to leave the European Union, and after a long wait, a draft of the Brexit separation deal is on the table. What Happened The U.K. and EU reportedly reached a preliminary agreement that must be ratified and approved, Bloomberg reported. U...
-
British PM May Reiterates 'Special Relationship' With US
Wednesday, June 13, 2018 - 2:49pm | 370Countries, just like friends, are allowed to disagree from time to time — just ask British Prime Minister Theresa May. What Happened The United States and United Kingdom's "special relationship" won't be impacted by any trade disputes between the two governments, May told...
-
Theresa May Needs Trump's Help In Saving Thousands Of Job
Tuesday, September 12, 2017 - 1:56pm | 406President Donald Trump could find himself in an awkward position amid a trade dispute between rival plane makers. U.K. Prime Minister Theresa May is requesting that Trump assert himself in a court dispute between American-based Boeing Co (NYSE: BA) and Canada's Bombardier Inc (OTC: BDRBF). Boeing...
-
Were Surprising Election Results In Britain And France A Backlash Against Populism?
Monday, June 12, 2017 - 4:20pm | 847A clear victory for the centrists in France and the stunning loss of a legislative majority by the right in Britain begs the question: Is there a backlash to the populism that put President Donald Trump in power and influences politics through much of the democratic world? In a word, maybe. It does...
-
Britons Look On Bright Side As Lord Buckethead Boasts Best Bid Yet
Friday, June 9, 2017 - 11:19am | 539Election night in Great Britain may have been a lousy experience for Prime Minister Theresa May, but it was a big night for occasional candidate Lord Buckethead, an intergalactic space lord with a groovy manifesto, baby. “249! A new Buckethead record! Something to celebrate, eh?” Lord...
-
What The Election And Theresa May's Deal Mean For The UK
Friday, June 9, 2017 - 9:14am | 469The United Kingdom held a national election on Thursday and the results were shocking. Prime Minister Theresa May called for a snap election earlier this year with expectations of boosting the Conservative's majority government but her party failed to secure the 326 seats needed to form another...
-
5 Possible Outcomes From Thursday's UK Election
Thursday, June 8, 2017 - 11:47am | 534Thursday's U.K. election is underway with polls closing at 10 p.m. London time. As is the case in many national elections, polls are unreliable or mixed at best, but there are five potential outcomes from the election, according to Bloomberg. 1. Major Conservative Win Prime Minister Theresa May...
-
3 Reasons You May See Strength In Gold This Week
Tuesday, June 6, 2017 - 10:02am | 529Geopolitics will once again take center stage this week on Wall Street, as a trio of potential market catalysts could have a major impact on gold prices. When investors get uncertain about potential shifts in the political backdrop, they often turn to gold as an investment safe haven. Here’s...
-
Investors Are Ignoring A Potentially Large Disruptive Event
Monday, June 5, 2017 - 12:21pm | 392The Dow Jones Industrial Average is solidly trading 200 points above the "Dow 20K" milestone, which may suggest that the market is healthy with no immediate tailwinds that can result in large scale panic. Investors who think this is the case might be mistaken, at least according to BK Asset...
-
British Pound Falls Ahead Of Next Week's Election
Wednesday, May 31, 2017 - 8:55am | 368The British pound fell on Wednesday and is trading a near a one-month low of $1.2775 amid political uncertainty across the pond. U.K. Prime Minister Theresa May shocked the political landscape in April when she called for an early election in June 2017. May's Conservative party holds a majority of...
-
Children Among The 22 Dead In Latest UK Terror Attack
Tuesday, May 23, 2017 - 8:21am | 388Terrorism struck yet again in the United Kingdom. Two months after a terrorist drove a car into pedestrians on the iconic Westminster Bridge in London, authorities are saying a suicide bomber blew himself up at the conclusion of an Ariana Grande concert in Manchester. 22 Dead, 59 Injured, 13...
-
Brexit Still Hangs Over U.K. ETFs
Thursday, April 20, 2017 - 8:18am | 514Considering all the controversy surrounding Great Britain's departure from the European Union, British stocks have been decent performers. Over the past year, the iShares MSCI United Kingdom ETF (NYSE: EWU), the largest U.K. exchange-traded fund trading in the United States, is higher by 4.8...
-
Britons Left With Voter's Remorse? Number Who Think Brexit Is Beneficial Continues To Decline
Thursday, March 30, 2017 - 10:25am | 551The U.K. has officially begun its divorce proceedings, with Prime Minister Theresa May officially notifying the European Council President Donald Tusk of the nation's intention to leave the union under Article 50 of the EU's Lisbon Treaty. The U.K. is set to begin negotiations with the other EU...