Author: LoveWorld UK

Lenovo Group (0992.HK), the world’s biggest PC maker, smashed expectations with a 31% leap in first-quarter net profit, as the coronavirus pandemic spurs businesses to shift to remote work and schools to switch to online learning. Consumers stuck at home are also spending more on PCs and other smart devices for entertainment purposes, the Chinese giant said. Net profit came in at $213 million (163 million pounds) for the April-June quarter, nearly double market estimates while revenue grew 7% to $13.3 billion. In particular, China sales surged, climbing 17% while those in Europe, the Middle East and Africa jumped 28%.…

Prime Minister Boris Johnson will visit Northern Ireland on Thursday to talk up the strength of union between Britain’s constituent nations and promise a strong rebound from the coronavirus crisis. Johnson will also meet Ireland’s new prime minister Micheál Martin for the first time since the formation of a new Irish coalition government in June. On his first visit to Northern Ireland since the COVID-19 pandemic, Johnson wants to firm up ties badly strained by several years of acrimonious Brexit negotiations. “As the country begins to get back on its feet in the wake of coronavirus, we cannot simply strive…

Russia said on Wednesday the first batch of its Covid-19 vaccine would be ready for some medics within two weeks and rejected as “groundless” safety concerns aired by some experts over Moscow’s rapid approval of the drug. President Vladimir Putin said on Tuesday that Russia had become the first country to grant regulatory approval to a COVID-19 vaccine, after less than two months of human testing. The vaccine has not yet completed its final trials. Only about 10% of clinical trials are successful and some scientists fear Moscow may be putting national prestige before safety. “It seems our foreign colleagues…

New powers allowing British police officers to stop, question and detain people at the borders on suspicion of espionage or foreign interference came into force on Thursday in a response to a 2018 chemical attack blamed on Russian agents. Russia has denied playing any part in the nerve agent poisoning of Sergei Skripal, a former Russian spy, and his daughter Yulia Skripal, in the English cathedral city of Salisbury. Britain has named two Russian military intelligence agents as the prime suspects in the case, which led to the biggest Western expulsions of Russian diplomats and spies since the Cold War.…

Democratic presidential candidate Joe Biden on Tuesday picked Senator Kamala Harris as his choice for vice president, making her the first Black woman on a major-party U.S. presidential ticket and giving him a partner well prepared to go on the attack against Republican President Donald Trump. With social unrest over racial injustice rocking the country for months, Biden had been under increasing pressure to select a Black woman as his running mate. Harris is also the first Asian-American on a major presidential ticket. In Harris, a 55-year-old senator from California who made her own run for the White House, Biden…

Wolverhampton Wanderers boss Nuno Espirito Santo is proud of his side’s achievements given the size of their squad but the Portuguese admits the Premier League club will need to bring in new faces in order to remain competitive. Wolves’ 1-0 defeat by Sevilla in the Europa League quarter-finals on Tuesday brought an end to their season that lasted 383 days and 59 games. Wolves used just 21 players in Premier League matches this season — fewer than any other team — while as many as eight players featured in at least 50 games in all competitions. “It’s a small squad…

England sought to defuse a looming row over the awarding of school qualifications during the pandemic by allowing students to use the results of earlier tests, in a last-minute change following an outcry in Scotland. The coronavirus pandemic has meant that almost no examinations took place in Britain. Pupils in England are set to receive marks for their A levels on Thursday, exams that are taken generally by 18-year-olds to gain a place at university. Results were due to be based on the judgement of a student’s school and then moderated by exam boards. But education minister Gavin Williamson said…

British online fashion retailer ASOS (ASOS.L) forecast full-year sales and profit significantly ahead of market expectations, saying it was benefiting from stronger than anticipated underlying demand and fewer products being returned by shoppers. Shares in ASOS were up 8.5% at 0734 GMT on Wednesday, extending gains in 2020 to 36% after it said revenue growth for its 2019-20 year was now expected to be between 17% and 19%. It forecast pretax profit in the region of 130 million pounds to 150 million pounds ($170-$196 million), up from 33.1 million in 2018-19. Several British clothing retailers, including Next (NXT.L) and Superdry…

Trade negotiators from the United States and China will discuss the implementation of the phase one trade deal in the coming days, with China likely to bring up issues surrounding TikTok and WeChat, Bloomberg News reported on Wednesday, citing sources. Agricultural purchases and the dollar-yuan exchange rate will also be among the topics to be discussed in the virtual meeting that may take place as early as this week, though a date has not been finalized, according to the report bloom.bg/3h1krsw. Last week, U.S. President Donald Trump unveiled bans on U.S. transactions with the China-based owners of messaging app WeChat and…

Manchester United were forced to dig deep to reach the Europa League semi-finals as Portuguese midfielder Bruno Fernandes converted a 95th-minute penalty to secure a 1-0 win over a stubborn FC Copenhagen side after extra time on Monday. United, who won Europe’s second-tier competition in 2017, will meet Sevilla or Wolverhampton Wanderers on Sunday for a berth in the final after grinding down the Danes and their inspired goalkeeper Karl-Johan Johnsson in an entertaining game. Sevilla, who have lifted the Europa League trophy a record five times, face Wolves in Duisburg on Tuesday while 2009 winners Shakhtar Donetsk take on…