Author: LoveWorld UK

EUROPEAN EQUITIES INCH HIGHER – Government bond yields rose on warnings of premature rate cuts from the European Central Bank European shares edged lower as government bond yields rose on warnings of premature rate cuts from the European Central Bank. The pan-European STOXX 600 was down 0.1% lower by 0934 GMT, dropping from a 0.2% rise in early trading. Euro zone government bond yields rose during the session as investors digested comments from the ECB’s chief economist Philip Lane, who said in an interview on Saturday that cutting rates too fast could fuel a new wave of inflation. The euro…

ROMA PART WAYS WITH JOSE MOURINHO – Jose Mourinho hass been fired after two and a half seasons at Roma AS Roma have parted ways with manager Jose Mourinho, the Serie A side have announced. Roma are ninth in the league after Sunday’s 3-1 loss to AC Milan, and have struggled to overcome the loss of key players due to injury, including striker Paulo Dybala. “AS Roma can confirm that Jose Mourinho and his coaching staff will leave the club with immediate effect, further updates on the new First Team coaching staff will follow imminently.” the club said in a…

Garry Rodrigues scored a dramatic stoppage-time winner as the Cape Verde Islands beat four-time champions Ghana 2-1 in Group B to continue Sunday’s sequence of surprise results at the Africa Cup of Nations finals. It was the third match of the day in Abidjan and followed Nigeria’s draw with Equatorial Guinea in Group A while Egypt needed a last-gasp penalty to draw with Mozambique in the opening Group B match at the Felix Houphouet-Boigny Stadium. Cape Verde went ahead in the 17th minute when Dutch-born Rodrigues’s shot was parried by Ghana goalkeeper Richard Ofori, falling for Jamiro Monteiro to tuck…

Conservative rebels have said as many as 70 MPs could back amendments or abstain from supporting Rishi Sunak’s flagship Rwanda bill, telling the prime minister he will have “nowhere to go” if he does not toughen up the legislation. A leading figure on the right wing of the party said at least three junior ministers and six Tories on the payroll, including a vice-chair of the party, had already informed the whips they were “sympathetic” to the amendments. Reports suggested Lee Anderson, vice-chair of the party, could be one of the “six Conservatives on the payroll” ready to support the amendments,…

Accommodation used to house tens of thousands of asylum seekers, often the worst in the UK when it comes to damp and mould, will be excluded from a crackdown on landlords managing social housing, the Guardian has learned. Following the death of two-year-old Awaab Ishak from prolonged exposure to black mould in his family’s home, the government agreed to introduce new rules – known as Awaab’s law – to force landlords to fix damp and mould problems in social housing. According to the latest Home Office data, 118,800 asylum seekers were in receipt of accommodation and support from the Home Office and…

Rasmus Hojlund and Marcus Rashford are beginning to display signs of a potent partnership, Manchester United manager Erik ten Hag said after the attackers both scored in Sunday’s 2-2 Premier League draw with Tottenham Hotspur. Hojlund’s early opener was cancelled out by Richarlison before Rodrigo Bentancur levelled again for Spurs after Rashford had put United back in front. Hojlund has scored only two league goals this season while Rashford has four but the pair appear to be developing an understanding and were involved in the build-up to each other’s goals. “I hope they keep going with this progress,” Ten Hag told reporters.…

Sales of Apple’s latest iPhone 15 series of handsets have been far worse than previous models in China. Home-grown rivals such as Huawei Technologies (HWT.UL) and Xiaomi (1810.HK) offer competitive models, while sources have said some companies and government departments have been limiting staffers’ use of Apple devices – mirroring U.S. government restrictions of Chinese apps on security grounds. Chinese iPhone sales dropped 30% in the first week of 2024 versus the same period a year earlier, Jefferies analysts said in a client note, having fallen 3% for all of 2023. Analysts expect the competitive landscape to get tougher this year. Apple…

DIER JOINS BAYERN MUNICH – After a decade at Tottenham Tottenham Hotspur defender Eric Dier has joined Bayern Munich on loan to the end of the season, both clubs said. Financial details of the deal were not disclosed by either club but British media reported that Bayern paid Spurs 3.5 million euros for the 29-year-old England international. Dier, who had six months left on his Spurs deal, made over 300 appearances for the north London club since 2014 but has featured just four times since Ange Postecoglou took over as manager in June last year. Dier was mostly used as…

MICROSOFT OVERTAKES APPLE AS WORLD’S MOST VALUABLE COMPANY – Apple shares made a weak start to the year on growing concerns over demand Microsoft briefly overtook Apple as the world’s most valuable company for the first time since 2021 after the iPhone maker’s shares made a weak start to the year on growing concerns over demand. Microsoft’s shares have risen sharply since last year, thanks to the early lead the company has taken in generative artificial intelligence through an investment in ChatGPT-maker OpenAI. Microsoft’s stock closed 0.5% higher, giving it a market valuation of $2.859 trillion. It rose as much…

ISRAEL REJECTS GENOCIDE ACCUSATIONS AT WORLD COURT – Israel Called on judges to dismiss South Africa’s request to halt its offensive Israel rejected as false and “grossly distorted” accusations brought by South Africa at the U.N.’s top court that its military operation in Gaza is a state-led genocide campaign against the Palestinian population. It called on judges to dismiss South Africa’s request to halt its offensive, saying it would leave it defenceless. South Africa, which filed the lawsuit at the International Court of Justice (ICJ) in December, asked judges to impose emergency measures ordering Israel to immediately halt the offensive.…