Business

Australia's Opposition Labor Party Concedes Defeat in National Elections

The focus will now turn to the likely make-up of the upper house, where Turnbull will have to negotiate with disparate independents and minor parties to pass savings measures. Among the potential kingmakers are parties seeking a crackdown on gaming companies, protectionists demanding more support for manufacturing and a lawmaker opposed to selling agricultural land to foreigners.

Business

NSW Opposition To Back Greyhound Industry

There was sombre atmosphere at the Grafton Carnival where the week-long suspension on racing, imposed by Greyhound Racing NSW following the State Government's announcement, had been lifted. "It was pleasing to hear from industry participants that they're more than willing to work with the government and with the Queensland Racing Integrity Commission to ensure animal welfare and integrity in this State".

Business

Fort McMurray wildfires most expensive ever for Canadian insurance industry

He said Alberta has been hit by seven of the 10 most expensive disasters in Canadian history and although no one event directly affects insurance rates, most Albertans are paying higher premiums. The estimate is based on data collected by Catastrophe Indices and Quantification Inc. More than 5,000 commercial claims averaged over $192,354 and included costs from work stoppages.

Business

May Leading Race To Succeed David Cameron

Rivals Stephen Crabb , Andrea Leadsom and Liam Fox are also in the running to lead the Conservative Party and become United Kingdom prime minister. "Michael Gove knifed Boris Johnson in the back and in the front", she said. Gove spoke of being an adopted child lucky to find loving parents in Aberdeen, Scotland, who instilled in him "a belief in human potential".

Business

John McDonnell unveils Labour plan for European Union to save Jeremy Corbyn's leadership

Smeeth stormed out of the Chakrabati Inquiry launch press conference yesterday and JHRW says: "Ms Ruth Smeeth was subjected to anti-Semitic remarks during the course of the press conference and Mr Corbyn wholly failed to support her". The mayor, who was visited by Corbyn four times in the run-up to his election and once in the immediate aftermath of the results, added: "I would love to speak out, but my judgement is that it would undermine my position as mayor who has to work for all people ...

Business

Labour Party's Northern Ireland branch backs Corbyn

The leadership challenge against Mr Corbyn has been postponed after MPs made a decision to give him more time to reflect. Yet despite the unprecedented vote and mass resignations from his front bench, Corbyn has refused to step down. But Corbyn was caught on video speaking to Wadsworth, who boasts how he "outed" Smeeth while the Labour leader says "I sent you a text about that".