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Evening Update 17 July

Bus - Eight people have been injured, when a bus lost control on Rue Barla in Nice, at lunchtime today. It’s believed the brakes on the bus failed, leading it to hit up to a dozen cars parked at the corner of Barla and Avenue de la République.

Power - Electricity has been restored to 600 homes who lost power during yesterday’s storm. Heavy rains, washing debris down the Var River, have also led to the closure of beaches at St-Laurent-du-Var. At the height of the storm yesterday, over a thousand lightning strikes were recorded, with winds peaking at 120 km/per hour.

Beyonce - Over 35,000 people are making their way to the Allianz Riviera stadium for tonight’s Beyonce & Jay Z concert. With traffic restrictions around the stadium, people are advised to use public transport ,including the No.95 bus from St-Roch or special direct trains from Gare du Sud. People not attending the concert are advised to avoid the area.

BUSINESS

The European Union and Japan have signed a landmark deal that will eliminate nearly all tariffs on products they trade. The ambitious pact runs counter to American President Donald Trump’s moves to hike tariffs on imports from many US trading partners. The new deal covers a third of the global economy and markets of more than 600 million people.

Goldman Sachs has confirmed its COO David Solomon will take over as its Chief Executive. Mr Solomon takes over from Lloyd Blankfein who is stepping down after 12 years in the post. That news has come on the same day the bank reported a 44% rise in profits in the second quarter to $2.35bn.

Amazon founder Jeff Bezos has been named the richest man in world, after his net worth increased by $60bn in the last year to value his fortune at $150bn. The Bloomberg Billionaire Index rates Microsoft founder Bill Gates in second place with $149bn.

SPORT

Formula 1 - Mercedes admit they have made too many mistakes and underperformed in the first half of the season. Lewis Hamilton trails Ferrari's Sebastian Vettel by eight points going into this weekend's German Grand Prix, the halfway point of the season. Mercedes boss Toto Wolff said they’ve left points on the table and had to do more damage limitation than they wanted.

Tennis - Andy Murray has dropped 690 places to 839 in the world rankings. The former world number one, has only played three games since having hip surgery in January and skipped this years Wimbledon.

Tour de France -The race has resumed, following yesterday’s rest day, with the riders tackling the 158.5km Stage 10 between Annecy and Le Grand Bornard. The stage has five categorised climbs and will be the first big fight between the general classification riders. We’ll have a full report after todays stage at 6.30 thanks to Neway Cycle Nice.

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