Author: LoveWorld UK

U.S. STOCKS CLOSE HIGHER AS INVESTORS MONITOR TARIFFS – Awaiting   Earning reports due out today U.S. stocks rose modestly on Monday, as investors braced for the unofficial start of the second-quarter earnings season, while renewed trade tensions added uncertainty. The Dow Jones Industrial Average gained 88.14 points, or 0.20 percent, to close at 44,459.65. The Standard and Poor’s 500 advanced 8.81 points, or 0.14 percent, to 6,268.56. The Nasdaq Composite climbed 54.80 points, or 0.27 percent, to finish at 20,640.33, a new record close. Seven of the 11 primary Standard and Poor’s 500 sectors ended in green, with communication…

TESLA LAUNCHES IN INDIA – Opens its first showroom in Mumbai, the country’s financial capital. Tesla marked its official entry into the Indian market by launching its first showroom in Mumbai, the country’s financial capital. The U.S. EV maker also launched its Model Y at about $70,000 in India, the highest price among major markets, as the U.S. automaker grappled with slowing sales bets on prospects in a country CEO Elon Musk has long criticised for its high import tariffs. With deliveries estimated to start from the third quarter, Tesla is targeting a niche electric vehicle segment in India that…

LONDON SOUTHEND AIRPORT CLOSES AFTER PLANE CRASH- 4 deceased have been confirmed from the crash A small plane crashed at London Southend airport on Sunday, and four people are reported to have died from the plane crash. The Beechcraft B200 aircraft crashed at about 4pm, soon after taking off from the airport in Essex. The airport has been closed down till further notice, with dozens of flights cancelled or rescheduled, as the Air Accidents Investigation Branch confirmed it had started an inquiry into the crash. The cause of the crash is not yet known and it is unclear how many…

THAMES WATER ANNOUNCES HOSEPIPE BAN- in Gloucestershire, Oxfordshire, Berkshire and Wiltshire from 22 July Thames Water has announced a hosepipe ban with claims that a dry spring and summer has severely reduced water supplies. The ban affecting Oxfordshire, Berkshire , Gloucestershire and Wiltshire will  come into effect from Tuesday,  22 July. The strategic water resources director at Thames Water, Nevil Muncaster , has reportedly stated that he does not anticipate the situation will improving  any time soon The ban will affect all OX, GL and SN postcodes, as well as RG4, RG8 and RG9.

THE TRANSPORT SECRETARY SAYS TAX RISES HAVE NOT BEEN DISCUSSED – But the Tories accused her of “barely disguised” hints that they’re on the way.  Transport Secretary Heidi Alexander was asked if Sir Keir Starmer and the rest of the cabinet had discussed hiking taxes in the wake of the government’s failed welfare reforms, which were shot down by their own MPs. Tax rises were discussed among the cabinet last week – including on an away day on Friday, but Tax increases were not discussed “directly”, Ms Alexander said, but ministers were “cognisant” of the challenges facing them. Asked what…

TRUMP GIVES RUSSIA A 50 DAYS ULTIMATUM TO REACH A CEASEFIRE – Trump vowed to impose sanction on Russia in no ceasefire within 50 days President Donald Trump on Monday (July 14) announced a toughened stance against Russia for its war in Ukraine, promising a fresh wave of missiles and other weaponry for Ukraine and giving Moscow 50 days to reach a ceasefire or face sanctions. In the Oval Office at an announcement with NATO Secretary General Mark Rutte, Trump told reporters he had become deeply frustrated with Russian President Vladimir Putin. The decision by Trump to send arms to…

CHRISTIAN STREET PREACHER ARRESTED FOR PREACHING IN LONDON – Police officers aggressively threw her to the ground and arrested her A Christian Woman who was preaching the gospel on Ripple Road in Barking on Saturday, 13th July, was forcefully arrested for preaching. It was a beautiful sunny afternoon when people who were walking along Ripple Road in Barking observed a woman peacefully preaching the gospel. What took place next was a shock to many. Four police officers suddenly appeared and started arguing with her, and told her to stop preaching. The argument continued as two police officers tried to forcefully…

IRISH DATA REGULATOR OPENS INQUIRY INTO TIKTOK OVER DATA – TikTok admits EU user data stored in China  Ireland’s powerful Data Protection Commission has opened a new inquiry into TikTok over the storage of European users’ data in China after the short-video platform disclosed in April that some data had temporarily been stored on Chinese servers. TikTok, owned by China’s ByteDance, was in May fined 530 million euros by the Irish commissioner over concerns on how it protects European users’ information, some of which is remotely accessed by staff in China. The new inquiry, by TikTok’s lead regulator in the…

UK POLICE ARREST FOUR IN CONNECTION WITH RETAIL CYBERATTACKS – Police probe ransom demands in M&S, Co-op & Harrods attacks  Four people have been arrested as part of a police investigation into cyberattacks that disrupted the operations of retailers Marks & Spencer, the Co-op and Harrods, Britain’s National Crime Agency. The cyberattack on M&S was the most serious, costing it about 300 million pounds ($409 million) in lost operating profit. The NCA said two males aged 19, another aged 17, and a 20-year-old female were apprehended in the West Midlands, central England, and London on suspicion of Computer Misuse Act…

UK ROYAL MAIL MAKES CHANGES TO SECOND-CLASS POST SERVICES- As approved by Ofcom  Royal Mail has been granted permission by the regulator Ofcom to cease Saturday deliveries for second-class post, effective from 28 July. The postal service will stop its six-day-a-week service for second-class letters, moving them to an alternative weekday schedule. First-class post will, however, retain its Monday to Saturday delivery. Ofcom confirmed the three-working-day delivery target for second-class letters remains unchanged. Ofcom said that reforms of the Universal Services Obligation reflected changing behaviour of postal users, with fewer letters being sent across the country. The regulator said it…