French and Riviera News Monday 4th February 2019

Local

Body found in Le Cannet - The body of a thirty year old man has been found on the Avenue des Tignes in Le Cannet. Police discovered the body on Sunday morning.The victim had been stabbed several times. An investigation into the attack is currently underway.

Bus - The region’s bus network Lignes d'Azur has filed a complaint after a bus was targeted in Nice. Windows were smashed after stones were thrown at the bus in the North of Nice on Sunday evening.Several passengers were onboard at the time along with the driver. No injuries were reported.

Yellow Vests - The famous #ILoveNice structure in Nice has been covered in yellow after yellow vest protesters turned the blue-white and red into blue-white and yellow on Sunday. Several hundred yellow vest demonstrators marched through the streets of Nice on Saturday to pay tribute to those who have been injured since the weekly protests started in November.

Meanwhile French teachers took to the streets of Paris, Lyon, Nice and Bordeaux on Saturday, demanding a salary increase and better conditions for teachers and students. In December, school teachers, administrators and other members of the national education system united to form the “Stylos Rouges” (Red Pens) movement with the aim of bringing the struggles of France’s teachers into the public eye. Within three weeks the group had amassed close to 44,000 members.

National

Plane crash - Wreckage from a plane carrying Cardiff City footballer Emiliano Sala has been discovered in the English Channel. The plane was lost on January 21st on its way from Nantes, to Cardiff, with the Argentine striker and pilot on board. Accident investigators are expected to inspect the wreckage later today.

Referendum - French media has reported that President Emmanuel Macron, whose popularity has plummeted to an all-time low, is considering a referendum. According to French weekly Journal du Dimanche (JDD), the ballot papers have already been “pre-ordered” and everyone is now awaiting Macron’s green light for the May 26 referendum which would coincide with the European Parliament elections. The referendum is likely to contain several questions and would be the first of its kind in the history of the French Fifth Republic.

Business

The Financial Times is reporting that Wall Street is set for a one billion dollar fee bonanza as a result of the tie up between the drugmakers Bristol-Myers Squibb  and Celgene.

The 90 billion dollar merger  is one of the most lucrative deals for financial advisors in history and will result  in fees being split between a handful of investment banks including Morgan Stanley,JP Morgan Chase and Citigroup.

Prominent lawyers,accountants and consultants who advised on the deal will also receive big payouts.

Celgene has estimated that the costs related to its sale were 225 million dollars while Bristol-Myers Squibb fixed its outlays at 200 million,before financing fees.

The deal is one of the largest healthcare takeovers of all time and was financed by a huge bridging loan led by Morgan Stanley and MUFG Bank.

There’s been further evidence of the disruption being caused to the UK car industry as a result of Brexit uncertainty after Nissan announced on Sunday that its new X-Trail model which had originally been planned for its Sunderland plant,will now be made in Japan.

In a letter to workers,Nissan said that “Brexit uncertainty is not helping firms to plan for the future”.

Two years ago,Nissan said that it would build the new model in the UK after receiving “assurances” from the British government.

Trade unions said that the decision was “disappointing” and that they were “seriously concerned”.

The government said that Nissan’s decision was a “blow to the sector” but that no jobs would go as a result.

And-A new face has emerged in the battle to buy the collapsed UK music chain HMV.

Reports say that a rescue bid is being put together by the Canadian entrepreneur Doug Putman who owns Sunrise Record Stores.

HMV collapsed in December putting 2,200 jobs at risk at 125 stores in the UK.

The stores are continuing to operate while negotiations take place with suppliers and rescue bids are considered.

The trade paper Music Week first reported Mr Putnam’s interest on Saturday while the administrators KPMG have refused to comment.

The founder of Sports Direct,Mike Ashley has already placed a bid for HMV.

Sport

American Football-The New England Patriots have won Super Bowl 53 after beating The Los Angeles Rams 13-3 in Atlanta.

The victory  sees the Patriots equal the Pittsburgh Steelers’ record of 6 Super Bowl titles.

It was the lowest scoring Super Bowl of all time with the 16 points total comfortably below the previous record of 21 when Miami beat Washington 14-7 in 1973.

 

Football-There were two games in the English Premier League on Sunday.Manchester City closed the gap on leaders Liverpool to two points following a 3-1 victory over Arsenal who slip to 6th.

In the other game Manchester United were 1-0 winners at Leicester.

There’s one game tonight.Liverpool can extend their lead at the top of the table to 5 points if they beat West Ham at the London Stadium.

There was one game in the Scottish Premiership on Sunday.Celtic extended their lead over Rangers at the top of the table to 6 points with a 2-0 win at St Johnstone.

 

Rugby Union-Scotland lead the 6 Nations Championship with 5 points after the opening round of games after a 33-20 win over Italy which gave them a bonus point on Saturday.

England are second,also on 5 points but with less points scored after they beat Ireland 32-20 in Dublin.

Wales are in third on 4 points after a fantastic second half comeback against France in Paris on Friday which saw them win 24-19.

The next round of fixtures next weekend sees Scotland play Ireland at Murrayfield on Saturday while Wales travel to Italy and England host France on Sunday.

 

Cricket-The West Indies captain Jason Holder will be suspended for the final Test against England after being sanctioned for his side’s slow over rate against England in the second Test.

Holder has been previously sanctioned for the same offence during a Test against New Zealand in 2017.

West Indies have an unassailable 2-0 lead over England after winning the second Test by a massive 10 wickets.

The third Test starts in St Lucia on Saturday.

Australia have beaten Sri Lanka by 366 runs in the second Test in Canberra.

Mitchell Stark did the damage as Sri Lanka were bowled out for 149 in their second innings with the match over before tea on the 4th day.

Weather

Clear skies with light south westerly or variable winds.

Top temperature 15 degrees.

Overnight lows of 6 degrees on the coast and 2 degrees inland with partially cloudy skies.

Tuesday and Wednesday-Clear skies with highs of 14-16 degrees.

 

 

 

 

 

 

 

 

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