Author: LoveWorld UK

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Advertisements for more than 400 brands including Coca-Cola (KO.N) and Starbucks (SBUX.O) are due to vanish from Facebook (FB.O) on Wednesday, after the failure of last-ditch talks to stop a boycott over hate speech on the site. U.S. civil rights groups have enlisted the multinationals to help pressure the social media giant into taking concrete steps to block hate speech in the wake of the death of George Floyd and amid a national reckoning over racism. Facebook executives including Carolyn Everson, vice president of global business solutions, and Neil Potts, public policy director, held at least two meetings with advertisers…

Russians with children received cash payments on Wednesday on the final day of a vote on constitutional changes that could allow Vladimir Putin to stay in power until 2036. State exit polls have suggested the changes will be backed by over two thirds of voters, who have been encouraged to vote with prize draws offering flats and an ad campaign highlighting other amendments designed to appeal to the populace. One amendment guarantees inflation-linked pensions; another says marriage is a union between a man and a woman. One-off payments of 10,000 roubles ($141) were distributed to those with children at Putin’s…

Prices in shops in Britain fell again in June as retailers tried to lure shoppers out of their coronavirus caution but the size of the drop was smaller than in May, an industry survey showed on Wednesday. Shop prices fell by 1.6% in annual terms, following a 2.4% drop in May which was the biggest decline since at least 2006, said the British Retail Consortium trade body and market research firm Nielsen. Food inflation held steady at 1.5% but non-food prices dropped by 3.4%. “Consumers have benefited as shop prices have fallen for the 13th consecutive month. However, the situation…

Manchester United manager Ole Gunnar Solskjaer described striker Mason Greenwood as a “special talent” who needs to be nurtured, after the teenager scored and provided an assist in Tuesday’s 3-0 Premier League win at Brighton & Hove Albion. Greenwood fired United ahead from a jinking solo run capped by a crisp low shot inside the near post, before delivering an inch-perfect cross for Bruno Fernandes to volley home in the second half. It was the 18-year-old Greenwood’s sixth league goal in his breakthrough season — the most by a player aged 18 or under in a single Premier League campaign…

China’s parliament passed national security legislation for Hong Kong on Tuesday, setting the stage for the most radical changes to the former British colony’s way of life since it returned to Chinese rule 23 years ago. Details of the law – which comes in response to last year’s often-violent pro-democracy protests in the city and aims to tackle subversion, terrorism, separatism and collusion with foreign forces – were yet to be released. Hong Kong leader Carrie Lam nevertheless welcomed the law’s passage and said it would come into effect later on Tuesday, giving the city’s 7.5 million people little time…

Britain’s house prices fell in annual terms for the first time since 2012 in June as the country reeled from the coronavirus shock to the economy, mortgage lender Nationwide said on Wednesday. Nationwide said its measure of house prices fell by 0.1% compared with June of last year. In monthly terms, prices fell by 1.4%, not as steep as May’s 1.7% fall, which was the biggest drop in more than 11 years. A Reuters poll of economists had pointed to an annual rise of 1.0% and a monthly fall of 0.7%. The government eased restrictions on the housing market in…

Alphabet Inc’s Google upended plans by European media companies to block it from harvesting data about their readers and slash some of its dominance in online advertising, seven people involved in the talks said this month. Publishers had expected to use data privacy measures going into effect Aug. 15 to bar Google from storing insights about readers, sapping the data advantage that has enabled it to dominate a market filled with advertisers hungry for information to target potential customers. But Google said it will cut off publishers from a lucrative flow of ads if they follow through with curbing its…

Manchester United manager Ole Gunnar Solskjaer says there has been an improvement from young attacking trio Anthony Martial, Marcus Rashford and Mason Greenwood this season but he could bring in another forward to boost competition for places. Rashford and Martial have contributed 19 goals each in all competitions while Greenwood has scored 12 but Solskjaer said the trio still have to earn their spot. “You need competition for places at United. If you think you’ve got a divine right to be playing every game and are doing so well that we’re not going to look for players to replace you,…

Confidence among British businesses improved in June for the first time since January ahead of the latest relaxation of the country’s coronavirus lockdown, according to a survey published by Lloyds Bank on Tuesday. Business confidence rose by three percentage points to its highest level since March but remained deeply in negative territory at -30%, the survey showed. Slightly fewer companies expected to lay off staff – 41% compared with 44% in May – and the proportion planning a pay freeze edged down. “While the results suggest the economy may be starting to see some improvement, trading conditions remain difficult for…