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David Cameron

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  • LONDON, May 10- Prime Minister David Cameron is to make finance minister George Osborne his lead negotiator on Europe and speed up his push to win concessions from the EU before a planned referendum on Britain's membership of the bloc, a newspaper reported. European leaders lost no time on Friday in offering Cameron talks on EU reform, bidding to ease uncertainty...

  • LONDON, May 10- With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor. The 19- member currency union has been a millstone around the global economy's neck ever since the financial crisis...

  • NEW YORK, May 8- The U.S. dollar failed to rally on Friday against a basket of major currencies after a mixed U.S. jobs report stoked uncertainty over the timing of Federal Reserve rate hikes, but gains against the euro helped the currency edge higher. While the dollar initially rallied against a basket of major currencies after the data, with the euro slipping below...

  • LONDON, May 8- Prime Minister David Cameron reappointed George Osborne as his finance minister on Friday and gave him a bigger cabinet role after Britain's economic recovery helped their party to an unexpectedly big election victory. Osborne will have a freer hand in his purge of Britain's public finances after the Conservative Party won an outright...

  • BRUSSELS, May 8- European leaders lost no time on Friday in offering David Cameron talks on EU reform, bidding to ease uncertainty about Britain's future in the bloc ahead of the in-or-out referendum the prime minister will call now he has been re-elected. France's Socialist president Francois Hollande invited the triumphant Conservative to Paris once he has...

  • *Syngenta rallies after rejecting Monsanto bid. LONDON, May 8- European equity indexes rebounded on Friday, led by UK shares after election results showed Prime Minister David Cameron's pro-business Conservatives had won a further five years in power. The FTSEurofirst 300 index of pan-European shares ended 2.8 percent higher, while Britain's blue-chip FTSE...

  • LONDON, May 8- Britain's pound, shares and bonds rallied on Friday after Prime Minister David Cameron's Conservative Party won a shock election victory, removing immediate political uncertainty for investors who had expected a hung parliament. "A good general election result for the UK economy, but not a good day for the United Kingdom," said Richard Buxton, head...

  • *Domestically focused FTSE mid-cap index sets record high. LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the parliamentary election, giving the party another five years in power. The FTSE 250 mid-cap index finished 2.8 percent stronger after setting an all-time high as the...

  • UK Tories win; Brexit fears may yet spook markets Friday, 8 May 2015 | 11:59 AM ET

    The ruling Conservative Party secured a majority in Parliament and Prime Minister David Cameron confirmed his commitment to a vote on EU membership.

  • *Britain's FTSE 100 up 2 pct. *Syngenta rallies after rejecting Monsanto bid. LONDON, May 8- UK shares led a rebound in European equity indexes on Friday after election results showed Prime Minister David Cameron's Conservatives were set to govern Britain for another five years.

  • *Domestically-focused FTSE mid-cap index sets record high. LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The FTSE 250 mid-cap index rose 2.7 percent to set an all-time high as the election results came...

  • NEW YORK, May 8- The U.S. dollar was mostly little changed against a basket of major currencies on Friday as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy and the timing of the Federal Reserve's first interest rate hike. U.S. Labor Department data showed nonfarm payrolls increased 223,000 last month, while the unemployment rate...

  • How it happened: Conservatives win overall majority Friday, 8 May 2015 | 8:41 AM ET

    Results show a Conservative Party victory in the U.K. general election. CNBC followed all the developments.

  • LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The blue-chip FTSE 100 index rose 1.9 percent to 7,017.35 points by 1104 GMT, within touching distance of the record high of 7,122.74 points reached last month.

  • *Gold edges higher after two-day losing streak. LONDON, May 8- Gold edged higher on Friday after two days of losses, but prices held in a narrow range ahead of key U.S. nonfarm payrolls data, which will be closely watched for further clues on the timing of an expected U.S. rate rise. "Gold is desperately looking for direction, which makes today's nonfarm payrolls report...

  • Conservative Party captures UK elections   Friday, 8 May 2015 | 6:07 AM ET
    Conservative Party captures UK elections

    CNBC's Wilfred Frost reports on election results in the United Kingdom and what it could mean for the country's government and economy.

  • The main FTSE 100 stock market surged towards last month's record high, sterling was on course for its biggest daily rise against the euro since 2009 and UK government borrowing costs fell. "A bolt from the blue," said Alan Monks, UK economist at JP Morgan. A Conservative victory is preferable over a Labor-SNP coalition and that's why we see sterling and UK equities...

  • LONDON, May 8- UK shares led a rebound in European equity indexes on Friday after early poll results showed Prime Minister David Cameron's Conservatives were set to govern Britain for another five years. At 0707 GMT, the FTSEurofirst 300 index of pan-European shares was up 2.1 percent at 1,578.68 points, with Britain's FTSE 100 also up by a similar amount.

  • TOKYO/ SYDNEY, May 8- As investors awaited the U.S. jobs report later on Friday, sterling seized the spotlight, rallying to its highest in over two months against the dollar as Britain's election results showed Prime Minister David Cameron's Conservatives were set to win a second term. Sterling gained 1.6 percent on the day to $1.5486 after rising as high as...

  • LONDON, May 8- British stocks were called to open sharply higher and sterling surged on Friday as early British election results showed Prime Minister David Cameron's Conservatives poised to return to power without the need of a formal coalition. With Cameron's Tories generally perceived to be more market-friendly than the opposition Labour Party, the FTSE...