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One of Wall Street’s most bearish strategists said US equities are facing a wall of worry, which could

BENGALURU, India--(BUSINESS WIRE)--Jun 26, 2023--

Greece's center-right leader Kyriakos Mitsotakis is to be sworn in as prime minister on Monday, hours after easily winning a second term with a record-high margin over the leftwing opposition in an election that also ushered new far-right parties into Parliament. With 99.67% of the vote counted, Mitsotakis' New Democracy party had 40.55% of the vote — more than twice the main opposition Syriza's 17.84%. It was the largest margin of victory in half a century, and slightly expanded ND's 20-percentage-point lead in previous election five weeks before. Held under a new electoral law that boosts the first party, Sunday's vote gives ND a comfortable majority of 158 seats in the 300-member Parliament, with Syriza getting 48. Center-left PASOK elected 32 lawmakers and the Stalinist-rooted Communist Party 20. The remaining 42 seats will be shared between three far-right parties — including one endorsed by a jailed former leader of the defunct, Nazi-inspired Golden Dawn party — and one representing the far-left. Voter turnout was just under 53%, compared to just over 61% in the May vote. Mitsotakis, 55, campaigned on a platform of securing economic growth and political stability as Greece gradually recovers from a nearly decade-long financial crisis. Greek President Katerina Sakellaropoulou is set to formally hand him the mandate to form a government on Monday, after which he will be sworn in and announce his new Cabinet. His main rival, 48-year-old Alexis Tsipras, served as prime minister from 2015 to 2019 during some of the most turbulent years of Greece’s financial crisis. Despite Syriza's dismal performance, Tsipras has shown no inclination to resign, and there have been no open calls from within his party for him to do so. After Sunday's result, Tsipras said Syriza would move on to focus on next year's European parliamentary elections. Mitsotakis, a Harvard graduate, comes from one of Greece’s most prominent political families. His late father, Constantine Mitsotakis, served as prime minister in the 1990s, his sister served as foreign minister and his nephew is the current mayor of Athens. The younger Mitsotakis has vowed to rebrand Greece as a pro-business and fiscally responsible eurozone member. The strategy, so far, has worked. New Democracy won in all but one of the country's 59 electoral regions, capturing traditional Socialist and leftwing strongholds, some for the first time. Despite scandals that hit the Mitsotakis government late in its term, including revelations of wiretapping targeting senior politicians and journalists and a deadly Feb. 28 train crash that exposed poor safety measures in public transport, voters appeared happy to return to power a prime minister who delivered economic growth and lowered unemployment. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide

BENGALURU (Reuters) -Infosys, India's No.2 IT services provider, signed a $454-million contract with Denmark's Danske Bank on Monday, at a

Associated British Foods Plc raised its outlook for the full year as consumers battling a cost-of-living crisis manage

American YouTuber MrBeast has opened up about how he was almost a passenger on the ill-fated Titan submarine after being invited onboard by OceanGate. The Titan submarine went missing on 18 June after it lost communication with the ship on top of the water during its descent to see the wreckage of the Titanic on the sea floor. On 22 June, the US Coast Guard announced it had found debris from the submarine and concluded it had suffered a “catastrophic implosion”, killing all five passengers onboard. MrBeast, whose real name is Jimmy Donaldson, has revealed how he could have been one of them, explaining that he was offered the opportunity to go in it. In a tweet, MrBeast shared the invitation he received and wrote: “I was invited earlier this month to ride the Titanic submarine, I said no. Kind of scary that I could have been on it.” Sign up to our free Indy100 weekly newsletter The invitation read: “I’m going to the Titanic in a submarine late this month. The team would be stoked to have you along.” It is unclear who the invitation came from, but onboard the submarine was OceanGate CEO Stockton Rush, British billionaire Hamish Harding, British-Pakistani multimillionaire Shahzada Dawood, his teenage son Suleman and French diver Paul-Henri Nargeolet. Despite the 25-year-old declining the invitation, few would have been surprised had the influencer taken it up since he has become well-known for completing daring challenges alongside his philanthropic work. In 2022, MrBeast and several of his friends travelled to Antarctica to attempt to survive 50 hours in the freezing temperature. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

A critical federal analysis of extreme rainfall is vastly underestimating the chances of flood events, with grave implications for everything from new roads and bridges to the rising cost of flood insurance, according to a new analysis.

By Lewis Jackson SYDNEY PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax

The M&A wave has rippled through to the automotive industry, with luxury carmaker Aston Martin striking an EV

It comes as presenter Ryan Tubridy was paid €345,000 more than had been published in earnings reports.

Pakistan’s race to restart a stalled International Monetary Fund loan program took a positive turn as the country

The ruble weakened as much as 3% against dollar on Monday, the most this year, after a mutiny