Advertisement

French and Riviera News Friday 28th September 2018

Local

Police chief stabbed to death - A police chief has been stabbed to death outside the city hall of Rodez, near Toulouse in southern France. Pascal Filoé was stabbed three times in the middle of the street by an individual known to police. French media reports that the suspect's dog was taken away from him a week ago. This reportedly led him to threaten the mayor and Mr Filoé who  died of his injuries in hospital shortly after the incident.

90 kilos of cannabis - Four Moroccan nationals have been taken into police custody, after they were stopped at the motorway peage at La Turbie on the A8 motorway with 90 kilos of cannabis. The four individuals aged between 35 and 62 were at the time travelling on a bus from Spain to Italy and were the only passengers on board the vehicle when the police intervened.

Speed limit - The Prefecture of the Alpes Maritimes has confirmed that the speed limit on the A8 motorway will be limited to 90 km / h instead of 110 km / h in both directions between Cagnes-sur-Mer and Saint-Laurent-du-Var from Monday 1st October. The new speed reduction  aims to limit the risk of accidents, improve the flow of traffic and reduce noise pollution. In response to the new measure motorbike associations have slammed the  reduction describing it as ‘useless’, and have demanded a meeting with the prefect to discuss the situation.

Air - Thousands of people gathered on Port Hercule in Monaco for a special display by the Red Arrows on Thursday afternoon, during the second day of the Monaco Yacht Show. The display included their most advanced aerial manoeuvres, including high-altitude loops, dives and corkscrews. Video highlights can be seen our Riviera Radio Facebook page, and today we’ll have a special programme feature on the Yacht Show’s top exhibitors, which you can hear on-air and online.

National

French banking - Some French banks have been accused of using abusive practices and not sufficiently promoting offers dedicated to customers in difficulty. Two consumer associations on Thursday revealed the recent introduction of a billing system against customers who are experiencing financial difficulties in at least two major banking networks France. The study showed that in November 2017, Caisses d'Epargne and Banques Populaires introduced a new procedure for processing transactions on current accounts. As soon as the account ends the day beyond the authorized overdraft, all the operations of this day make the subject of a commission of 8 euros, including those that took place when the account was creditor. In response to the study France’s Minister of Economy Bruno Le Maire has called for clarification on certain practices of the banking sector.

Manuel Valls - Speaking on the Catalan radio RAC1 former Prime Minister of France Manuel Valls, and now candidate for mayor of Barcelona, has said that if he had to choose between France and Spain when it comes to football he would support Spain. Football is a serious business in Spain and does not stay out of politics. On the sidelines of the referendum on the independence of Catalonia, some Barcelona players had threatened last year to give up the Spanish national team.

Business

The US Securities and Exchange Commission has filed a lawsuit against the Tesla boss Elon Musk accusing him of securities fraud.

The financial regulator says that Mr Musk’s claims that he’d secured funding to take Tesla private were “false and misleading”.

The SEC wants to see Mr Musk barred from acting as an officer or a director of a publicly traded company.

Mr Musk has called the action “unjustified” and says that he is acting in the best interests of “truth,transparency and investors”.

Tesla shares fell by 12 percent in after-hours trading on the news.

 

Shares in the Swedish fashion giant H&M have risen sharply after the chain reported strong sales growth.

The world’s second largest clothing retailer  said that third quarter sales  rose by 11 percent  helped by a 32 percent increase in online sales.

The sales increase came despite a 19 percent fall in  profits which was caused by problems arising from new logistics systems in France.Belgium,Italy and the US.

H&M employs 171,000 people worldwide and owns a number of other brands including Cos,Monki,Arket and the youth outlets Weekend and Other Stories.

 

And-Bloomberg says that the rise in the price of oil towards 100 dollars barrel is softening the blow of US sanctions against Russia.

When President Obama imposed the sanctions in 2014,a plunge in global oil prices turned the penalties into a crushing blow but as crude rises higher the windfall from increasing revenue is helping to mitigate the effects of the sanctions.

Bloomberg says the renewed threat of US penalties put Russian assets in with the worst performers during the summer’s emerging-market slump but the subsequent crude rally coupled with central bank support for the rouble  have sparked a rebound.

In Washington,lawmakers are continuing to eye sanctions that could  include a ban on new sovereign debt sales or even shut Russian banks out of the international financial system.

Sport

Golf-The Ryder Cup is underway at Le Golf National near Paris with Europe looking to regain the trophy lost to the United States at Hazeltine. The first of the four balls features Justin Rose and Jon Rahm of Europe against Brooks Koepka and Tony Finau of the United States in the first of 28 matches.

The man everyone wants to see, Tiger Woods partners Patrick Reed who are up against Tommy Fleetwood and Francesco Molinari.That match teed off at 6.55 this morning.

Rory McIlroy and Thorbjorn Olsen are up against Dustin Johnson and Rickie Fowler and Paul Casey and Tyrrell Hatton play Jordan Spieth and Justin Thomas.

The US haven’t won in Europe for 25 years.

Football-In the English Premier League this weekend.

On Saturday West Ham play Manchester United in the lunchtime game and then it’s Arsenal against Watford.Everton versus Fulham.Huddersfield against Spurs.Manchester City play Brighton.Newcastle face Leicester.Wolves host Southampton and Chelsea play Liverpool.

On Sunday  Cardiff play Burnley and Bournemouth play Crystal Palace on Monday.

Formula 1-First practice for Sunday’s Russian Grand Prix takes place at 10am this morning with Lewis Hamilton leading the drivers’ championship by 40 points from Sebastian Vettel.

Second practice is at 2pm with qualifying at 2pm on Saturday and the race at 1.10pm on Sunday.

Vettel says that he still has a “fair chance” of catching Hamilton in the race for the world title  and that he’s aiming to win in Russia.

Rugby Union-There’s one game in the Gallagher Premiership in England tonight.Newcastle play Wasps while in the Guinness Pro 14 Cardiff Blues play Cheetahs and Edinburgh play Benetton.

Weather

Clear skies  with light to moderate south westerly winds.

Top temperature 25-28 degrees Celsius.

Overnight lows of 18 degrees on the coast and 14 degrees inland  with clear skies.

The weekend-Clear skies tomorrow with a high of 25.Turning showery on Sunday  with a high of 24 degrees.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Last local news

Duchess of Sussex expecting a baby

Kensington Palace has announced that the Duchess of Sussex is pregnant and is due to give birth next spring,... Duchess of Sussex expecting a baby Read More

15/10/2018

Three people now reported dead after flooding in South Western France

Three people have been confirmed dead following heavy rain and flooding which has hit South Western France ... Three people now reported dead after flooding in South Western France Read More

15/10/2018

Education reform

France’s education minister has this morning presented plans to the Higher Council of Education for several reforms.... Education reform Read More

15/10/2018

Bad weather

One person has died and two others are reported missing following heavy rain and flooding in South western France.... Bad weather Read More

15/10/2018

French and Riviera News Monday 15th October 2018

Tens of thousands of people marched in Paris and other major cities across France on Saturday to call for greater action on climate change.... French and Riviera News Monday 15th October 2018 Read More

15/10/2018
Advertisement