Latest news bulletin | May 4th – Midday
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Catch up with the most important stories from around Europe and beyond - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
READ MORE : http://www.euronews.com/2025/05/04/latest-news-bulletin-may-4th-midday
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
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NewsTranscript
00:01Australian Prime Minister Anthony Albanese's Labour Party has won a second consecutive
00:06term in office after a landslide election win.
00:11Billionaire investor Warren Buffett announces it will retire from leading its Berkshire
00:16Atherway business group at the end of the year.
00:23Australia's centre-left Labour Party has secured a second term in office in a landslide
00:28election victory.
00:31The country's incumbent Prime Minister, Anthony Albanese, is now set to be in office for his
00:35three-year term.
00:38In his victory speech, he thanked voters for choosing, quote, optimism and determination.
00:44Today, the Australian people have voted for Australian values, for fairness, aspiration
00:57and opportunity for all.
01:01Leader of the opposition coalition and of the Conservative Liberal Party, Peter Dutton, who
01:06lost his own seat in parliament in Saturday's election, has conceded defeat.
01:10Both parties acknowledged during the election campaign that the country faces a cost-of-living
01:14crisis, with energy policies and inflation being key issues.
01:22Singapore's long ruling People's Action Party on Saturday extended its 66-year unbroken rule
01:29with yet another landslide victory in the country's general elections.
01:33According to the election department, the PAP won the key polls with 82 parliamentary seats.
01:39The party had earlier secured five seats without opposition, bringing its total number of MPs
01:45to 87.
01:46The result is expected to bolster the leadership of Prime Minister Lawrence Wong, who took office
01:51a year ago.
01:52We are grateful once again for your strong mandate, and we will honour it.
01:59We will honour the trust that you have given to us by working even harder for all of you.
02:05Before the announcement, supporters of the PAP, which had ruled Singapore since 1959,
02:11gathered at the stadium, waving flags and cheering in an early celebration.
02:16Wong, a US-trained economist who is also Singapore's finance minister, has a resounding mandate to
02:23guide a trade-reliant country through the economic uncertainty brought about by US President Donald
02:29Trump's tariff hikes.
02:34Witnesses and aid groups in Gaza report a surge in looting, as Israel has blocked all aid into
02:40the enclave for the past two months.
02:43Unidentified individuals, both armed and unarmed, have been looting UN and aid groups' warehouses,
02:50as well as bakeries and shops since Wednesday.
02:54Israel has said the blockade and its renewed military campaign are intended to pressure Hamas
03:01to release the remaining 59 hostages it still holds.
03:05Over 80% of the population in Gaza depends on aid, according to the UN.
03:11Meanwhile, human rights organizations have accused Israel of using starvation as a weapon of war.
03:18Meanwhile, local medics said overnight Israeli strikes in Gaza's southern city of Khan Yunis
03:24killed at least 17 Palestinians, including five women and three children.
03:30One of the strikes killed 11 people from the same family, who were staying in the city's refugee camp,
03:37according to Nasser Hospital, which received the casualties.
03:41Billionaire investor Warren Buffett on Saturday announced his intention to step aside
03:50and retire as CEO of his Berkshire Hathaway Group at the end of the year.
03:56A 94-year-old said he will recommend to the company's board on Sunday that Vice Chairman Greg Abel replace him.
04:03Time has arrived where Greg should become the chief executive officer of the company at year-end.
04:15We'll go forward with that operation and I will play with the Ouija board or whatever.
04:24Thousands of investors in the Omaha arena gave Buffett a prolonged standing ovation after the announcement.
04:33Its resignation after 60 years of leading the company will bring to an end an incredible tenure
04:40in which he turned Berkshire from a failed textile company into a nearly €1 trillion corporation.