Author: LoveWorld UK

opens new tab CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer data overseas, according to a person with knowledge of the matter. Chinese state media reported that he met Premier Li Qiang in Beijing, during which Li told Musk that Tesla’s development in China could be regarded as a successful example of U.S.-China economic and trade cooperation. “Honored to meet with Premier Li Qiang. We have known each other now for many years, since early Shanghai days,” Musk posted on…

CHELSEA THRASH EVERTON 6-0 AT STAMFORD BRIDGE – Cole Palmer stars with four goals Cole Palmer hit a perfect first-half hat-trick and then struck a penalty as Chelsea hammered Everton 6-0 to move to within three points of the European qualifying spots. It was a sensational display from the 21-year-old, who made it back-to-back trebles at his home ground in style, with a silky opener followed by a poacher’s second and a clinical lob with his weaker right foot after Jordan Pickford’s gift of a pass to him. It was the fastest Premier League hat-trick by a Chelsea player and…

RETAIL INFLATION-UK retail sales stagnate despite easing inflation Despite recent high inflation lowering, British retail sales stagnated in March, the first time they have not climbed in monthly terms since December, according to the Office for National Statistics on Friday. Economists polled by Reuters predicted that sales volumes would rise by 0.3% for the month. However, the ONS reported that sales volumes were flat after growing by an upwardly revised 0.1% in February. The ONS reported that increases in car gasoline sales, which were the greatest since May 2022, and non-food shop sales were offset by declines in…

BANK OF ENGLAND-Bank of England rate futures price in the first cut in August “Only the very biggest processors and retailers are going to be able to deal with this bureaucracy and the extent of these checks,” he told the audience. “The smaller producers and retailers will just give up and we’ll end up with less choice and less good food and drink.” According to the government, the extra checks will help prevent diseases and pests from entering Britain. It also promises to level the playing field for British exporters. In 2021, the EU promptly enforced its laws, causing port…

THE PARLIAMENT AND THE LORDS SET TO VOTE AGAIN ON RWANDA ASYLUM BILL –  Rishi Sunak expects his plan to send asylum seekers to Rwanda to be approved Prime Minister Rishi Sunak expects his plan to send asylum seekers to Rwanda to be approved on Monday (April 22), hoping to end a protracted parliamentary battle over the scheme. There has been deadlock over the bill between the House of Lords and the House of Commons over the past four months. MPs are set to vote on the bill and its amendments from the House of Lords on Monday afternoon. Last…

STANDARD CHARTERED VENTURES TO BECOME A STAKEHOLDER IN ALGEBRA – Plans in place to use the company’s technology to build a new digital banking venture SC Ventures is becoming a shareholder in Algbra and will use the British-based company’s technology to build Shoal, a new digital banking venture. An arm of Standard Chartered, the FTSE-100 bank, is taking a stake in a British company set up with the objective of providing ethical financial products to customers. Sky News understands that SC Ventures will announce on Monday that it is injecting an unspecified multimillion-dollar sum into Algbra, which counts a host…

REAL MADRID BEAT BARCELONA 3-2 IN EL CLASICO – Late Bellingham strike leads Real to Clasico win Real Madrid’s pursuit of a record-extending 36th LaLiga title gathered momentum after Jude Bellingham scored a goal in added time to secure a 3-2 comeback win over Barcelona. Real twice fought back from a goal down before Bellingham smashed in the winner at the far post from about six yards out to beat the champions for a fourth successive time. The result left second-placed Barca 11 points adrift of the leaders with six games left. Barca took the lead in…

CATASTROPHE DISASTER IN CHINA-Nearly half of China’s major cities are sinking, researchers say According to a study of nationwide satellite data published on Friday, over half of China’s main cities are experiencing “moderate to severe” subsidence, placing millions of people at risk of flooding, particularly as sea levels rise. The authors of the report, published in the journal Science, discovered that 45% of China’s urban terrain was sinking faster than 3 millimeters per year, with 16% sinking more than 10 mm per year, driven not only by dropping water tables but also by the sheer weight of the built environment.…

British Prime Minister Rishi Sunak will consider tightening the restrictions for long-term sick leave to stem the growth in the number of Britons who have permanently left the Labour field. Labour force participation among working-age Britons has fallen to its lowest level since 2015, owing to an increase in long-term illness and a bigger number of students, in contrast to other large, wealthy countries, which have seen participation rise since 2020. Sunak, in extracts from a speech scheduled for later on Friday, expressed special concern about the growing number of people who are unable to work due to mental health…

CREATING A SMOKE-FREE GENERATION AND TACKLING YOUTH-VAPING The Bill will ban the sale and supply of disposable vapes to children The Tobacco and Vapes Bill was announced in the King’s speech on 7 November 2023 and introduced to Parliament on 20 March 2024. The Bill is now due to have its second reading on 16 April 2024. The Bill includes a new law to stop children who turn 15 this year or younger from ever legally being sold cigarettes or other tobacco products, alongside measures to crack down on youth vaping and strengthen enforcement of these new laws.…