Evening Update Tuesday 27 February 2024

A partner of a woman found dead at an apartment in Cagnes-sur-mer yesterday morning is being held in police custody. The 44-year-old woman was discovered after several calls on Monday morning from neighbours to the police. The 46-year-old suspect is known for domestic violence.

A new decree published in France today is to ban the use of words like ‘steak’ and ‘ham’ on vegetarian products. The move means traditional meat labels will be restricted to actual meat items only. Another law, this time proposed by the EU to end life-time driving licences, is causing uproar in France. Critics say the move would diminish personal freedoms, while advocates believe mandatory renewals every ten years would enhance road safety and bring France in line with other European countries.

French actor Alain Delon has had over 70 unauthorised firearms and more than 3,000 rounds of ammunition seized from his property. The police operation was part of an investigation into illegal arms trafficking. The actor's lawyer stated that Delon has not been charged and is not involved in any criminal activities.

A magnitude three earthquake has been reported along the French Riviera. The epicentre of the earthquake, which struck on Monday evening, was located 100km  northeast of Nice, at a depth of 5km. Several residents in the area reported vibrations and shaking at the time.

Residents in Cannes are bemused with the installation of a large red inflatable structure today on the square outside McDonald’s near the Palais des Festival. The structure is part of health campaign for people over 50 to take a free exam for colonic cancer. The structure itself resembles a large colon which visitor can walk through and discover how cancers develop in that part of the body. Colon cancer is the third most common cancer in France, and a free at home screening kit is available from all GPs or pharmacies.

Drivers heading for some mid-term skiing are reminded that winter tyres or snow socks and chains, are compulsory on French mountains. Winter tyres must bear some form of M+S or 3 PM SF symbols. All-season or four-weather tyres are not sufficient. From November, the law will become stricter when only tyres marked 3 PM SF will be allowed. 

BUSINESS NEWS

TikTok has followed through with its threat to remove popular artists like Harry Styles and Adele from their platform. The social media giant refuses to pay increased royalty fees being demanded by the record company giant Universal. While TikTok say the dispute could see 30% of music being removed from their platform, industry experts say it could be as high as 80%.

Shares in Norwegian Cruise Lines are up 10% after they forecast a first-quarter profit thanks to higher ticket prices. Cruise operators globally are experiencing record levels of bookings this year, as travellers look to spend on novel experiences and are choosing cruises over land-based vacations.

Shares are also up for video communications company Zoom, who delivered better-than-expected results, and announced a share buyback of up to $1.5 billion. However, analysts at JP Morgan have lowered their price target on Zoom by $3 saying the results do not convey a ‘materially improving business’.

Markets
€1 will buy you;            STG    £ 0.85
US     $ 1.08
£1 will buy you;            EUR    € 1.16

Bitcoin    has rocketed 10% in the in the last 24 hours to a value of € 52,400 a coin this afternoon.
Forex Gold Index     is at    $ 2,036 oz
Brent Crude Oil on market    $ 82.77

SPORT

Football: AS Monaco is preparing for one of the most anticipated clashes of the season as Paris St German travel to the principality for what could be a tight match between the Parisian league leaders and Monaco who sit at #3.  Some tickets at just €45 remain for the game, which kicks off this Friday night at 8pm.  The match could also be a last chance to see Kylian Mbappe play before he leaves PSG at the end of the season. The former Monaco striker looks set to join Real Madrid in what has been described as the biggest free transfer in history.  Mbappe is due at the Elycee tonight for dinner with Emanuel Macron and the President of Paris St Germain, as they welcome the Emir of Qatar on an official visit to France. Neither the Mayor of Paris nor any other representative from the cities Marie have been invited.

Horse Racing: Reigning ‘Champion Hurdle Winner’ Constitution Hill is a doubt for next month's Cheltenham Festival after a below-par workout at Kempton Park. The seven-year-old was an odds-on favourite to retain his title but bookmakers have suspended the market. The horse, who was dubbed "the horse of a generation" after a comfortable victory at last year's Festival, has only had one start this season.

Rugby: The French Rugby Federation has said their head coach will absolutely remain in place despite a disappointing draw with Italy at the Six Nations in Lille on Sunday. France are currently fourth in the table after three games.

WEATHER 

We’re expecting a few showers overnight with lows of 10d on the coast, down to 7 inland. Tomorrow, showers will die out in the morning but it will remain a pretty dull day with lots of cloud and afternoon highs of 18d. Outlook for the remainder of the week is much the same.  Sunsets at quarter past six this evening and rises tomorrow at 7.11
 

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