FRANKFURT (Reuters) – Some European Central Bank policymakers felt uneasy about recent inflation developments when they cut interest rates last month and feared that any further delay in reaching the target would be costly, the accounts of their June 5-6 meeting showed on Thursday. The ECB cut interest rates at that meeting and signalled that more easing is likely to come but kept open the timing of subsequent moves, leaving investors to guess whether one … Read more…

By Moira Warburton WASHINGTON (Reuters) – A growing number of Democrats in the U.S. Congress are calling on Democratic President Joe Biden to end his re-election bid after the 81-year-old incumbent’s halting debate performance against Republican rival Donald Trump. Here is a list of lawmakers who have publicly called for Biden to not run again. REPRESENTATIVE LLOYD DOGGETT Doggett, a U.S. House of Representatives member from a safe Democratic district in Texas, was the first … Read more…

WASHINGTON (Reuters) -U.S. President Joe Biden again called his debate against Republican opponent Donald Trump “a bad episode,” suggesting in an interview with ABC News on Friday that his shaky performance was due to poor preparation, exhaustion and illness. “No indication of any serious condition. I was exhausted. I didn’t listen to my instincts in terms of preparing and — and a bad night,” Biden, 81, told ABC News anchor George Stephanopoulos. “I was feeling … Read more…

By Elizabeth Piper LONDON (Reuters) – The recriminations and jostling for top positions among Britain’s Conservative lawmakers began long before Thursday’s crushing election defeat to Labour that some party figures said left the party facing the prospect of a decade out of power. After 14 years in government – the last eight marked by chaos and divisions following the Brexit vote – the Conservatives are now confronted by an internal struggle among lawmakers, grassroots members … Read more…

By Jonathan Stempel NEW YORK (Reuters) – Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying “all indications” show his delay was a mistake. In a late Wednesday night filing in Manhattan federal court, Musk called it implausible to believe he wanted to defraud shareholders who didn’t know he had taken a … Read more…

By Nandita Bose WASHINGTON (Reuters) – Vice President Kamala Harris is the top alternative to replace U.S. President Joe Biden if he decides not to continue his reelection campaign, according to seven senior sources at the Biden campaign, the White House and the Democratic National Committee with knowledge of current discussions on the topic. Biden’s fumbling, sometimes-incoherent and widely-panned first-debate performance against Republican rival Donald Trump last week set off a wave of panic within … Read more…