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Evening Update 27 Aug

Phones - Orange have announced they will stop taking orders for old-style telephone lines from November, and will only provide telephony via an internet subscription. Currently, around half of telephone subscriptions in France use a traditional line.

Singer - Famous Moroccan singer Saad Lam.jarred continues to be held in custody by police in St Tropez. It follows a complaint of rape made against the singer on Saturday night. The singer was imprisoned for the same crime by a Paris court in 2016 but a case of alleged rape before that in 2010 in the United States was dropped.

Throne - Claims by Count Louis de Causans that his family was tricked out of the throne to Monaco, have been dismissed by the Director of Archives at the Prince’s Palace. He says that in 1911 Prince Albert 1st, in the absence of a legitimate male heir, conferred on Princess Charlotte the right of succession. Princess Charlotte then renounced her position in 1944 in favour of her own son Prince Rainier III.

However, Count de Causans is claiming that a change in adoption law by France in 1911, is what allowed this to happen, cheating his German side of the family out of their succession to the throne, just before the first World War. Count de Causans is suing the French state for €350m.

BUSINESS

Trading in Tesla shares is down in Europe and the United States today, as investors react to Elon Musk's decision to abandon plans to take the electric car maker private. It was late on Friday night that Musk confirmed consultations with Goldman Sachs and Morgan Stanley which showed most of Tesla's shareholders opposed the deal.

Warren Buffett's Berkshire Hathaway are considering a stake in India's largest digital payments company, Paytm. It’s believed they will invest around $300m for a 3% stake.

SPORT

Formula 1 - Fernando Alonso said the 'halo' head protection system may have saved Charles Leclerc in their huge crash in Belgium yesterday. Alonso's McLaren landed on top of Leclerc after being launched into the air by Renault's Nico Hulkenberg who missed his braking point on the first corner. The halo was a controversial introduction to Formula 1 this season, with a significant minority of the drivers feeling it was not needed and many fans objecting to its appearance. At the end of the race, Ferrari's Sebastian Vettel beat title rival Lewis Hamilton to cut his lead to 17 points.

Tennis - The US Open gets underway today with Andy Murray making his Grand Slam return against Australia's James Duckworth around seven this evening. Murray doesn’t rate his chances this year, and is treating the Open a warm up return to tennis after his hip surgery in January. Tomorrow, Britain’s top ranked female player Johanna Konta takes on France’s Caroline Garcia in first round game.

Football - In tribute to the 43 people who died in the Morandi bridge collapse, Genoa fans watched the first 43 minutes of yesterdays game against Empoli in complete silence. Even when Genoa scored twice in the first 20 minutes, there was almost no celebration in the stands.  They went on to win the game 2 – 1.

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