Thu May 5, 2005 5:27 PM ET
By Mike Peacock LONDON (Reuters) - Tony Blair looked on course to win a
historic third term as British prime minister in Thursday's
election but with a hugely reduced parliamentary majority as
voters punished him over Iraq.
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Thu May 5, 2005 2:57 PM ET
By Dan Wilchins NEW YORK (Reuters) - In a one-two punch for financial
markets, Standard & Poor's cut General Motors Corp.'s and Ford
Motor Co.'s debt ratings to junk status on Thursday, citing
brutal global competition and flagging sales of the automakers'
most profitable vehicles.
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Thu May 5, 2005 5:25 PM ET
By Mark Egan and Claudia Parsons NEW YORK (Reuters) - Two homemade grenades exploded outside
the building housing the British Consulate's office before dawn
on the day Britain was holding elections, but police said later
on Thursday it may be linked to the Israeli-Palestinian
conflict.
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Thu May 5, 2005 4:06 PM ET
By Andrew Marshall BAGHDAD (Reuters) - Insurgents killed at least 24 people in
a wave of ambushes and bomb blasts in Baghdad on Thursday, the
latest attacks in a surge of violence that has greeted the
formation of a new Iraqi cabinet.
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