Evening Update Thursday 12 September

Traffic was disrupted in the centre of Nice this morning after a lorry collided with a tram shortly after 11.30. Two people were slightly injured. Line 1 of the tramway was suspended for a time after the collision on the avenue Jean-Médecin but the tramway has now returned to normal service.

A nationalist activist has been found dead in Corsica. According to the public prosecutor in Ajaccio, 36 year old Maxime Susini was shot at least twice between 7:30 and 8am this morning on the beach of Pero, in Cargese, in the south of the island. A burned out vehicle was found nearby. The gendarmerie have been put in charge of the investigation.

A competitor has reportedly been hospitalised after an accident this morning at the AIDA World Apnea event in Villefranche sur Mer. The competitor was taken to the emergency department at the Pasteur 2 Hospital in Nice.

Junction 52 of the A8 motorway at Nice-Saint Isidore was closed in the direction of Italy early this afternoon after a car collided with a guardrail. Authorities were soon on the scene and the junction was fully re-opened at about 2.30.

The former mayor of La Croix-Valmer, Pierre Bérenguier, has passed away at the age of 85. He was mayor of the town from 1995 to 2008 and served a total of 31 years in elected office.

The French National Assembly President Richard Ferrand, a close ally of President Emmanuel Macron, has been put under formal investigation for financial misconduct allegations. In a statement this morning Ferrand denies any wrongdoing and said he would use the procedure to defend himself and was confident the case would be dropped.

 

BUSINESS

Google is to pay French authorities almost 1bn euros to end a long-running investigation into its tax affairs.

The settlement includes a 500m euro fine and additional taxes of 465m euros. It comes at the end of a four year investigation that saw authorities raid Google's headquarters in Paris in 2016.

The European Central Bank has unveiled new stimulus measures to bolster the eurozone economies. The deposit facility rate, paid by banks on reserves parked at the ECB, has been cut from minus 0.4% to minus 0.5%. The eurozone's main interest rate remains unchanged at zero. The ECB also said it was re-starting quantitative easing and will buy €20bn of debt a month from 1 November.

The French government has said that it will block development of Facebook's Libra digital currency in Europe because it threatens what it calls the "monetary sovereignty" of governments. Finance Minister Bruno Le Maire said Libra poses financial risks and could be open to abuse.

UK retailer John Lewis has reported a loss of £25.9m, down from a profit of £0.8m last year. Sales declined amid what it called "difficult" trading conditions, which were not helped by "subdued consumer confidence". The partnership said a no-deal Brexit would have a "significant" impact.

Engineering firm Babcock has been named as preferred bidder to design and build a new generation of Royal Navy frigates. The £1.25bn contract is for five Type 31 warships. Work is to begin by the end of this year, with the first ships scheduled to be delivered in 2023.

British American Tobacco has announced plans to cut 2,300 jobs as it shifts away from traditional cigarettes. BAT said it was creating a "more efficient, agile and focused" company as it focused on e-cigarettes and other new categories of product.

 

SPORT

Cricket...The Fifth Test is underway at the Oval. Australia have already retained the Ashes and the best England can hope for is a draw. Late this afternoon England were 155 for 3, with Australia yet to bat.

Tennis… Andy Murray has taken a wildcard entry for next month's Shanghai Masters beginning on 23 September. He will then play in the China Open before Shanghai and the Antwerp indoor tournament the following week.

Kim Clijsters is to make her tennis comeback at the age of 36 and return to the WTA Tour in 2020. The Belgian former world number one initially retired in 2007 but returned in 2009 and won two more US Open titles and the Australian Open before her second retirement in 2012.

Football…. Arsenal midfielder Joe Willock has signed a new long-term contract with the Premier League club. The England Under-21 international made his debut for the club in September 2017.

Motorsports… Williams development driver Jamie Chadwick is one of three women signed up to drive in Extreme E. Formula E's sister series aims to highlight climate change in five remote locations as 12 cars go head-to-head in electric SUVs. It starts in Greenland in 2021.

Athletics… Long jumper Jazmin Sawyers has been added to Britain's squad for the the 2019 World Championships in Doha. Sawyers originally missed out on selection, after finishing third at the British Championships behind Abigail Irozuru and Shara Proctor. Sprinter Imani-Lara Lansiquot has also been added to the team to compete in the 100m.

 

 

 

 

 

 

 

 

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