Author: LoveWorld UK

RENAULT BOSS DE MEO QUITS – The quit saw Kering shares up and Renault down  Renault CEO Luca de Meo is leaving the French carmaker to pursue a role outside the auto industry, the company said on Sunday, and newspaper Le Figaro reported he would become the new chief executive of Gucci-owner Kering. De Meo turned around the troubled French automaker in his five years at the helm, overhauling its two-decade-long strategic alliance with Nissan and doubling down on hybrid motors while shifting towards electric vehicles. The Italian will replace Kering CEO Francois-Henri Pinault, whose family controls the heavily indebted…

CANADIAN PRIME MINISTER MEETS WITH GERMAN CHANCELLOR – Politicians meet ahead of G7 Summit  Canadian Prime Minister Mark Carney met German Chancellor Friedrich Merz on Sunday, at the sidelines of the G7 Leaders’ Summit in the Canadian Rockies. Merz told reporters his goals for the summit include for Iran not to develop or possess nuclear weapons, ensuring Israel’s right to defend itself, avoiding escalation of the conflict and creating room for diplomacy. The G7 meeting started on Sunday, and Canada’s Carney, who is hosting, said his priorities are strengthening peace and security, building critical mineral supply chains and creating jobs.…

VON DER LEYEN CALLS FOR NEGOTIATED SOLUTION IN IRAN CONFLICT- Says Israel has a right to defend itself against Iran European Commission President Ursula von der Leyen said Israel has a right to defend itself against Iran, adding that a diplomatic solution was the best option in the long-term to address Iran’s nuclear program. Speaking to reporters ahead of a gathering of G7 leaders in Canada, von der Leyen said she had spoken with Israeli Prime Minister Benjamin Netanyahu in a phone call to discuss the situation. Global attention has shifted to the Middle East, as the unfolding regional conflict…

PRIME MINISTER STARMER MEETS WITH CANADIAN PM CARNEY – First bilateral meeting to discuss trade and security  Canadian Prime Minister Mark Carney met with Prime Minister Keir Starmer at Parliament on Sunday (June 15), in what was Carney’s first bilateral meeting ahead of the Group of Seven meetings, being held in Canada. Group of Seven leaders gather starting on Sunday (June 15) in the Canadian Rockies amid growing splits with the United States over foreign policy and trade, with host Canada striving to avoid clashes with President Donald Trump. While Prime Minister Mark Carney says his priorities are strengthening peace…

EUROPEAN SHARES TUMBLE – Following Israel-Iran tensions flare, set for weekly losses European markets slid to a three-week low on Friday, as rising tensions between Israel and Iran rattled investors and pushed them toward safer assets. The pan-European STOXX 600 dropped 0.6%, heading for its fifth straight day in the red — the longest losing streak since last September. The selloff came after Israel launched strikes on Iranian military targets, including nuclear and missile sites. Iran responded by firing over 100 drones, fueling fears of further escalation in the Middle East. The renewed conflict added to the pressure already weighing…

AIR INDIA FLIGHT MAKES EMERGENCY LANDING IN THAILAND AFTER BOMB THREAT – The incident follows the crash of an Air India flight in Ahmedabad on Thursday An Air India flight from Phuket in Thailand to India’s capital, New Delhi, received an onboard bomb threat and made an emergency landing on the island, airport authorities said. All 156 passengers on flight AI 379 had been escorted from the plane, in line with emergency plans, according to an Airports of Thailand (AOT) official and photos were seen capturing the moment. The aircraft took off from Phuket airport bound for the Indian capital…

AIR INDIA CEO VISITS SITE OF DEADLY CRASH IN AHMEDABAD – Air India said there was one survivor who was being treated in hospital The chief executive officer of Air India, Campbell Wilson, arrived at the crash site of the London-bound plane in Ahmedabad, a day after the jet had hurtled to the ground, killing more than 240 people. The Boeing 787-8 Dreamliner, with 242 people on board, was headed for Gatwick Airport, south of the British capital and crashed into a medical college hostel during lunch hour on Thursday, June 12th. Rescuers searched for missing people and aircraft debris…

TRUMP CAN KEEP THE NATIONAL GUARD IN LOS ANGELES – Temporarily pausing a lower court ruling that blocked the mobilisation A U.S. appeals court on Thursday (June 12) allowed President Donald Trump to maintain his deployment of National Guard troops in Los Angeles amid protests over stepped-up immigration enforcement, temporarily pausing a lower court ruling that blocked the mobilisation. The 9th U.S. Circuit Court of Appeals’ decision does not mean that the court will ultimately agree with Trump, but it does leave command of the Guard with the president for now. Protesters were dispersed and detained near a federal detention…

TRUMP TELLS IRAN TO ‘MAKE A DEAL BEFORE IT’S TOO LATE’ – Just Do It, Before it’s too Late. God Bless You All! Donald Trump has just given his reaction to the Israeli strikes on Iran overnight. He wrote a lengthy post on his Social media platform urging Iran to come to a deal with the US and agree not to pursue a nuclear weapon. The US president wrote: “I gave Iran chance after chance to make a deal. I told them, in the strongest of words, to ‘just do it,’ but no matter how hard they tried, no matter…

STARMER URGES IRAN AND ISRAEL TO ‘STEP BACK’ AFTER STRIKES TARGETING TEHRAN – Israel launched airstrikes on Iran  Prime Minister Keir Starmer said today that Israel’s strikes on Iran are ‘concerning’ and called on all parties to step back and reduce tensions urgently. Posting comments on his social media account, Starmer said stability must be the priority. British Foreign Minister David Lammy, also posted, urged ‘all parties to show restraint,’ calling it a ‘dangerous moment’.