Author: LoveWorld UK

ASTRAZENECA SHARES TUMBLE – Company’s China unit is reported to be linked to insurance fraud AstraZeneca shares tumbled, wiping £14bn off the value of the drug maker, after a report that dozens of the company’s senior executives at its China unit could be implicated in an insurance fraud case in the country’s pharmaceutical sector. Also putting pressure on the share price, early data on AstraZeneca’s experimental weight loss pill released earlier this week was described as “somewhat underwhelming” by analysts at Deutsche Bank, who reiterated their “sell” rating on the stock. Shares in the FTSE 100 company fell by over…

APPLE TO BE FIRST FIRM FINED UNDER NEW EU DIGITAL LAW – DMA violations could result in a fine of as much as 10% of a company’s global annual turnover Apple is set to be the first company fined under new EU new rules that are aimed at reining in the power of Big Tech according to sources with direct knowledge of the matter. EU regulators charged in June that the iPhone maker had breached the bloc’s tech rules. The charge against Apple was the first under the EU’s Digital Markets Act (DMA), which came into force earlier this year.…

ISRAELI PRIME MINISTER NETANYAHU CONGRATULATES DONALD TRUMP – Netenyahu was the first to congratulate Trump immediately after the election Israeli Prime Minister Benjamin Netanyahu congratulated Donald Trump on Wednesday on what he hailed as an “historic return” to the White House. “Your historic return to the White House offers a new beginning for America and a powerful recommitment to the great alliance between Israel and America,” Netanyahu said on X after Trump claimed victory in the U.S. presidential election. Israeli Foreign Minister Israel Katz, who Netanyahu announced on Tuesday will replace Yoav Gallant as defence minister, also posted on X…

DONALD J TRUMP ELECTED 47TH PRESIDENT OF THE UNITED STATES – President Trump says ‘God saved me for a purpose’  Donald J Trump has been elected as the 47th president of the United States and has won the crucial battleground states such as Pennsylvania, Georgia and North Carolina.   During his first address as the 47th president, Trump said there’s never been anything like this in this country, and that it is time to help the country heal.  Donald Trump expressed his thanks to millions of hard working Americans all across the nations who he says were the heart and soul…

HUNGARIAN PM SAYS TRUMP’S WIN IS A MUCH-NEEDED VICTORY – Orban says it means the hope of peace for the world Hungarian Prime Minister Victor Orban congratulated Donald Trump on his US presidential election victory, calling it ‘a much-needed victory for the world’. Orban said Trump’s win symbolised a big encouragement for those who believe in willpower, fighting, and perseverance. The Hungarian Prime minister also projected that the economy can take an up-turn, and expressed his optimism with regards to future US-Hungarian relations stating that there were several to be achieved in the coming years with President Donald Trump.” Orban…

UNIVERSITY REMOVES ENGLISH LITERATURE DEGREE – Canterbury Christ Church University says the degree is ‘no longer viable’ Canterbury Christ Church University has decided that it will be scrapping its English literature degrees because of a decline in applicants. The university, based in Kent, England said the course was “no longer viable in the current climate” and would not be offered any more from September 2025.  Students in their first or second year will be able to finish their degree and those completing a foundation year will be given the chance to switch to alternative courses. The university is yet to…

GUARDIOLA AWARE OF THE EXPECTATIONS SURROUNDING HIS TEAM – Manchester City will have to accept a more challenging season Manchester City will have to accept a more challenging season as they cope with injuries that make it harder to repeat the success of recent years, manager Pep Guardiola said ahead of their Champions League game at Sporting.  Depleted by a number of injuries to key players, the Premier League champions saw a 32-game unbeaten league run ended with a loss at Bournemouth on Saturday November 2nd after a midweek reverse at Tottenham Hotspur in the League Cup fourth round. Guardiola…

SOUTH KOREA WARNS NORTH KOREA OVER MISSILE LAUNCH- South Korea’s JCS says North Korea continues its illegal provocations South Korea’s military says North Korea raised tensions in the Korean peninsula by launching ballistic missiles and that the North will take responsibility for all the consequences. Deputy Chief of South Korea’s Joint Chiefs of Staff (JCS) public affairs, Nam Gi-su, said launching of the ballistic missile is seen as a clear violation to the United Nations Security Council resolution, further adding that the launch should be halted as they pose a threat by increasing tensions in the Korean Peninsula. Earlier in…

UNIVERSITY TUITION FEES FOR HOME STUDENTS SET TO INCREASE – The fees will rise for the first time in 8 years after being frozen at of £9,250  The education secretary has announced that university tuition fees in England for home students will increase for the first time in eight years after being frozen at an annual level of £9,250 since the 2017/18 academic year. Education Secretary Bridget Phillipson said the maximum cap will now rise in line with inflation from April 2025, seeing an increase of £285 in the cost of tuition to £9,535 next year. Leaving students in the…

THAMES WATER CRISIS SPARKS NEW DEAL – Southern Water secures a deal with a group of hedge funds Southern Water, which supplies more than 2m homes in the UK, is understood to have now secured a deal with a group of hedge funds, amid concerns over the crisis at Thames Water, after battles to raise fresh funding from the conventional capital markets.  The move caused its debt costs to spiral and it was the trigger for Southern Water to be downgraded again by the global credit ratings agencies that monitor the finances of the world’s biggest companies on behalf of…