NEWS
Summer Sales in Monaco - Summer sales have just started in Monaco, aligning with France to be more profitable. An early start for the princely government to combat the international competition and attract customers.
Mark Zuckeberg's Boat in St-Tropez - Mark Zuckerberg's mega yacht has been spotted off the coast of Saint-Tropez. The 119-meter yacht was first seen on June 24 near the Mala Beach in Cap d'Ail. The Meta owner purchased the yacht as a birthday gift to himself for his 40th birthday. Valued at $300 million, the yacht features a cinema, elevators, a beach club, and a gym, and can reach speeds of up to 24 knots. The vessel is registered under the Marshall Islands flag, a tax haven that ranks third globally among countries offering flags of convenience.
Drugs and Weapons Seized in Nice - Drugs and weapons have been seized last night, on Wednesday 26th June, in the l’Ariane and Liserons districts of Nice. The judicial police had initiated a preliminary investigation into a drug ring in January. Assisted by the elite tactical unit of the French National Police, they seized nearly 43 kilos of drugs, 12 weapons, and €40,000, and arrested 13 individuals. The investigation is ongoing under the direction of Nice’s prefecture.
Fund for Firefighter in Nice - Following a tragic accident on Monday, where a firefighter lost his life on the Promenade des Anglais in Nice, his coworkers have decided to open a fund in his honour. The firefighter was struck by a speeding vehicle that ran a red light. Authorities have launched an investigation for manslaughter and reckless endangerment against the driver, and for failure to assist a person in danger against the passengers. The prefecture of Nice has requested that the driver be remanded in custody and that the passengers be placed under judicial supervision.
Road Security Changes in the Alpes-Maritimes - Eight people have lost their lives on the roads this month in the Alpes-Maritimes, marking a 69.2% increase since last month. Benoît Huber, chief of staff to the prefect of the Alpes-Maritimes, has expressed serious concern about the situation. He plans to increase traffic controls and extensively use video surveillance to penalize dangerous behaviour, especially on the Promenade des Anglais, such as running red lights. Huber noted that 2024 has seen record numbers of license withdrawals and incidents of drink driving.
Potential Arson in Avignon - A fire broke out in a bakery in the night between Tuesday and Wednesday in Avignon. Police believe the fire to be of criminal origin as signs of forced entry were discovered. Racist and homophobic graffiti was found throughout the bakery, leading the owners to suspect that the attack was targeted at their apprentice. The bakers have been placed on technical unemployment. An investigation has been opened.
Two Men Attacked in Cavaillon - Two people have been injured by weapon last night in the city centre of Cavaillon, in the Vaucluse. The two young men were taken to Cavaillon Hospital. Firefighters were unable to determine whether the injuries were caused by a knife or a firearm. The circumstances surrounding the attack remain unclear.
BUSINESS
Webtoon Entertainment, the world's largest web comic platform, has set its market value at $2.67 billion ahead of its US listing. Its shares will start trading on Nasdaq on June 27 at $21 each. Owned by South Korean tech giant Naver, Webtoon has 170 million monthly active users in over 150 countries. The company aims to raise $315 million by selling 15 million shares in its Initial Public Offering (IPO), with BlackRock expressing interest in purchasing up to $50 million worth. The global webtoon industry, originating in South Korea, made $4.7 billion in 2021 and is projected to grow to $60.1 billion by 2030.
The Indian government has requested a report from Tamil Nadu after allegations that Apple supplier Foxconn is rejecting married women for iPhone assembly jobs. A Reuters investigation found Foxconn excluded married women from its main India iPhone plant due to family responsibilities. The federal labour ministry emphasized that hiring discrimination is illegal. Foxconn, which started operations in Tamil Nadu in 2017 and began assembling the iPhone 15 in 2023, has previously faced scrutiny for labour practices, including allegations of overworking and underpaying workers in China. Rights activists are concerned about these hiring practices.
SPORTS
Rugby Union - Leicester Tigers have appointed former Australia and Argentina head coach Michael Cheika as their new boss. The 57-year-old succeeds fellow Australian Dan McKellar at the Premiership side, with the former ACT Brumbies boss leaving by mutual consent last week.
Tennis - Britain's Emma Raducanu saved a match point as she knocked out world number five Jessica Pegula 4-6 7-6 (8-6) 7-5 victory to reach the quarterfinals at Eastbourne. The 21-year-old wildcard had never won against a top-10 opponent before.
Athletics - Elaine Thompson-Herah, the two-time Olympic champion in the 100m and 200m, will miss the Paris Olympics with an Achilles injury. The 31-year-old Jamaican, a five-time Olympic gold medallist, sustained the injury at the New York City Grand Prix on 9 June and had to be carried off the track.
Football - Barcelona have announced that England defender Lucy Bronze will leave the club when the 32-year-old's contract finishes on June 30. Bronze, who Joine Barca in 2022, played 70 times for the Catalan side, coring five goals.
WEATHER
Cloudy skies possibly clearing later this afternoon. Highs of 25 degrees in Nice, 26 in Cannes and Marseille, 28 in Toulon and 30 in Saint-Tropez.
Tonight, cloudy with lows of 18 degrees.
Outlook for tomorrow, cloudy with highs of 25 degrees.
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