PM says sees no big change in alliance with U.S. after Trump's election defeat

Elon Musk’s nearly half a billion dollars in midterms spending was a flop

According to The Guardian, Elon Musk set a record for election spending this year, pouring $446m into campaigns backing Republican candidates in the US midterm elections. The Guardian reported that the spending was a poor investment, as the candidates he backed failed. The same story appeared in The Guardian's Business, World and UK editions, and all three carry identical wording. The sources supplied do not include other outlets or further detail on the outcomes. The story is marked as developing, so further reporting may follow. Summary from 3 sources

Summary from 3 sources The Guardian Business first

Trump Says He'll Accept Results of Elections

According to The New York Times, U.S. President Donald Trump said in an interview that he will accept the results of the midterm elections, where incoming figures indicate a Democratic win in Congress. The Korea Times and IOL carried the same New York Times reporting, quoting Trump as saying he is "absolutely willing to accept those results." The Globe and Mail reported that Trump congratulated Democrats for their victories but said the midterms were not a referendum on his work. The New York Times said Trump blamed Republican losses on his not being on the ballot and said he was willing to work with Democrats. Bloomberg quoted him saying they would "work with the Democrats." TASS and ThisDay reported similar acceptance of the results. The sources describe the outcome as still developing. Summary from 8 sources

Sources differ: The Globe and Mail says Trump rejected the results as a referendum on him, while the New York Times reports he blamed the losses on not being on the ballot.

Summary from 8 sources Bloomberg Politics first also The New York Times Politics, The Globe and Mail, IOL, The Korea Times and 2 more

Democrats Take Control of Congress in Midterm Landslide

According to The Guardian UK, Democrats flipped seven Senate seats in Kansas, Iowa, Texas, Maine, Ohio, North Carolina and South Carolina, and won control of Congress in a 'blue wave'. TVC News reported that Democrats won full control of the US Congress in a sweeping midterm rout, taking both the House and Senate. Bloomberg Politics reported that Democrats won both chambers in a landslide that it described as a rejection of President Donald Trump, citing voter discontent with the economy and the war in Iran. NDTV reported on the implications for India, noting that the US is a major market for Indian goods and that tariff shifts would affect exporters. The sources describe the result as a setback for Trump and his Republican Party. Summary from 4 sources

Summary from 4 sources Bloomberg Politics first also The Guardian UK, TVC News, NDTV