Reuters

By Mike Dolan

LONDON (Reuters) - In a year of elections worldwide, June turns up the heat several notches and will test global markets' seemingly nonchalance toward the process to date.

With European Parliament elections as an early appetizer on June 6-9, Britain heads to the hustings next month too ahead of July 4's freshly scheduled poll and U.S. presidential candidates look set to start their campaigns earlier than usual with a first... (continue reading...)

By Swati Bhat and Aftab Ahmed

MUMBAI/NEW DELHI (Reuters) - India's incoming government will be greeted with a $25 billion cheque from the central bank, giving it the option to either boost spending or narrow the fiscal deficit quicker, both of which will be cheered by investors.

On Wednesday, the Reserve Bank of India (RBI) announced a record 2.11 trillion rupees dividend transfer to the government, more than double New Delhi's and street... (continue reading...)

MOSCOW (Reuters) - Ukrainian military intelligence was directly involved in a deadly attack on a concert hall near Moscow in which over 140 people were killed, the head of Russia's Federal Security Service (FSB) Alexander Bortnikov said, TASS reported on Friday.

Russia has made such allegations before. Bortnikov did not provide evidence to underpin his assertion.

"The investigation is ongoing, but it is already safe to say that... (continue reading...)

SHANGHAI (Reuters) - Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data and a source.

The move is aimed at addressing weakening demand for the U.S. automaker's aged model in China, its second largest market into which a majority of the cars produced at the Shanghai plant are sold and where a brutal price war has erupted among electric vehicle... (continue reading...)

By Tetsushi Kajimoto

TOKYO (Reuters) - Japanese factory output likely grew for a second straight month in April while retail sales picked up, a Reuters poll showed on Friday, highlighting budding signs of an economic recovery.

The rise in core consumer prices (CPI) in Tokyo areas, which become available a month earlier than nationwide, likely quickened in May.

Many analysts expect the economy to bottom out, returning to... (continue reading...)