DFS furniture chain blames Red Sea crisis for profit warning

Attacks on shipping leading to delays to deliveries and higher shipping costs, says retailer

The furniture retailer DFS has issued its second profit warning of the year, blaming much of the drop on delays to deliveries and higher shipping costs caused by the Red Sea crisis.

The retailer, which owns 118 shops across the UK, said it expected pre-tax profits of £10m-£12m for the year ending 30 June 2024, well down on the £20m-£25m predicted in March, amid supply chain disruption and weaker consumer demand.

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China’s glut of idle property causes headache for the government

The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt

All across China, from Beijing in the north, to Shenzhen in the south, millions of newly built homes stand empty and unwanted. There were nearly 391m sq metres of unsold residential property in China as of April, according to the National Bureau of Statistics. That is the equivalent of Manchester and Birmingham combined – and then some – sitting as vacant, unwanted property.

This glut of idle property has caused a headache for the government, shaken the world’s second largest economy and raised tensions over the purpose of housebuilding in a nation where property investment had been viewed as a safe bet.

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Four people shot at downtown Atlanta food court

Police say all four victims conscious and alert after attack at Peachtree Center, and suspect believed to be one of the four

Four people were shot at a food court in downtown Atlanta on Tuesday afternoon, including the initial shooter, the city’s mayor said.

Mayor Andre Dickens said on X that the shooting happened at the Peachtree Center food court.

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Danish PM ‘not doing great’ four days after assault in Copenhagen

Mette Frederiksen gives first interview since assault, saying it was ‘a kind of attack on us all’

Denmark’s prime minister, Mette Frederiksen, has said she is still “not doing great” but will continue to work, in her first interview since she was assaulted in a Copenhagen square last week.

Frederiksen, 46, suffered minor whiplash in the attack last Friday, which is not thought to have been politically motivated. A 39-year-old Polish man was detained on suspicion of assault.

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Les Républicains leader says he wants alliance with France’s far-right National Rally

Éric Ciotti’s announcement welcomed by Marine Le Pen as ‘brave choice’ but seen as betrayal by members of mainstream right

The leader of France’s mainstream right has said he would back an alliance with the far right in the snap legislative elections later this month, shocking opponents and party members and throwing French politics into further disarray.

Éric Ciotti’s announcement, welcomed by Marine Le Pen as a “brave choice”, is a historic departure for the opposition right and sparked accusations of betrayal from high-profile members of Les Républicains (LR).

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Controversial Dublin MEP candidate Clare Daly loses seat despite celebrity backing

Backed by Annie Lennox and Susan Sarandon, Daly had appeared on state-leaning media in China and Russia

Clare Daly, Ireland’s outspoken and controversial Dublin MEP candidate, has lost her seat despite celebrity endorsements from Annie Lennox, Susan Sarandon and other prominent figures.

The leftwing candidate was eliminated on Tuesday after falling behind rivals in the Dublin constituency on the 17th count.

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Akira Endo, ‘remarkable’ scientist who discovered statins, dies aged 90

Biochemist found cholesterol-lowering compound in 1973 and the drugs have prolonged millions of lives

The scientist whose work led to the creation of statins, a chemical that prevents heart attacks and strokes, has died aged 90.

Akira Endo found the first cholesterol-lowering compound in 1973 in a lab in Tokyo. The Japanese biochemist was said to have been inspired by Alexander Fleming’s discovery of penicillin in 1928, which lead him to study mould or fungi in order to develop medicines.

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Zelenskiy lobbies for support and investment to reconstruct Ukraine

Ukrainian president appeals in Berlin for funding to repair and rebuild energy infrastructure and for defence

The Ukrainian president and his allies have used a major conference in Berlin to lobby international business for support in the country’s reconstruction and recovery efforts even as it continues to be bombarded by Russia.

Speaking at the Ukraine recovery conference, hosted by the German government, at which the topic of Ukraine’s survival was centre stage, Volodymyr Zelenskiy warned that Europe’s peace was also at stake if his country was not able to protect and rebuild itself as it stood up to Russia.

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‘Unprecedented scale’ of violations against children in Gaza, West Bank and Israel, UN report says

More ‘grave violations’ committed in occupied territories and Israel than anywhere else in world, report says

More grave violations against children were committed in Gaza, the West Bank and Israel than anywhere else in the world last year, according to a UN report due to be published this week.

The report on children and armed conflict, which has been seen by the Guardian, verified more cases of war crimes against children in the occupied territories and Israel than anywhere else, including the Democratic Republic of Congo, Myanmar, Somalia, Nigeria and Sudan.

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Iceland grants country’s last whaling company licence to hunt 128 fin whales

Conservationists criticise ‘disappointing’ and ‘dangerous’ move to allow harpooning of fin whales after curbs last year

Iceland has granted a licence to Europe’s last whaling company to kill more than 100 animals this year, despite hopes the practice might have been halted after concerns about cruelty led to a temporary suspension last year.

Animal rights groups described the news as “deeply disappointing” and “dangerous”.

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Iranian presidential vote: lone reformist candidate faces uphill struggle

Masoud Pezeshkian must convince disillusioned voters that he represents chance for credible change

The one reformist candidate in Iran’s presidential election, a 69-year-old doctor who raised his three children alone after his wife died in a car accident, faces an uphill but not impossible battle to convince a disenchanted Iranian electorate that he represents a chance for credible change.

Masoud Pezeshkian, an MP for 20 years, was given clearance to stand by the 12-strong Guardian Council on Sunday and has until 28 June to reach the second round of the elections called after president Ebrahim Raisi died in a helicopter crash. No reformist was allowed to stand in the presidential election three years ago.

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Battlefield deaths from global conflicts hit 30-year high, study finds

Since 2021, the overall number of deaths, including of civilians, has risen to the highest level in three decades, Peace Research Institute Oslo reports

Deaths from civil conflicts and battles across the world over the past three years have risen to the highest level in three decades, according to a new report.

Research by the Peace Research Institute Oslo (Prio) showed that while the number of battlefield deaths fell compared with the previous two years, since 2021 the overall number of conflict-related deaths, including of civilians, has risen to the highest level in 30 years.

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UK has issued 108 arms export licences to Israel since 7 October

Ministers have rejected calls to suspend arms exports to Israel despite claims they break international humanitarian law

The UK has issued more than 100 arms export licences to Israel between the Hamas attack on 7 October and 31 May, according to government figures.

Thirty-seven of the 108 licences were described as military and 63 as non-military, but this might include telecommunications equipment for use by the Israel Defense Forces (IDF). A further eight open licences were granted.

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Malawi vice-president and nine others killed in plane crash

Wreckage of plane carrying Chilima and former first lady Shanil Dzimbiri found after weather warnings, says President Chakwera

Malawi’s vice-president, Saulos Chilima, and nine other people have been killed in a plane crash, the country’s president, Lazarus Chakwera, said in a live televised address.

The wreckage of the military plane carrying Chilima and the former first lady Shanil Dzimbiri to a funeral of an ex-minister on Monday was found on a hillside in the Chikangawa forest, a mountainous area in the north of the country.

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Revealed: drug cartels force migrant children to work as foot soldiers in Europe’s booming cocaine trade

Exclusive: Guardian investigation shows white powder trail linking hundreds of vulnerable African minors with ruthless gangs

Hundreds of unaccompanied child migrants across Europe are being forced to work as soldiers for increasingly powerful drug cartels to meet the continent’s soaring appetite for cocaine, a Guardian investigation has found.

EU police forces have warned of industrial-scale exploitation of African children by cocaine networks operating in western Europe in cities including Paris and Brussels as they seek to expand Europe’s £10bn cocaine market.

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Hong Kong is ‘slowly becoming a totalitarian state​’, says UK judge

​L​ord Sumption, who last week quit territory’s top court​, speaks out on ‘paranoid atmosphere’ under Chinese rule

A British judge has described the “paranoid atmosphere” in Hong Kong as he explained his decision to step down from the territory’s top court.

Jonathan Sumption, along with another British judge, Lawrence Collins, last week resigned from Hong Kong’s court of final appeal (CFA).

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Malawi soldiers search mountain forests after plane carrying vice-president goes missing

President speaks of ‘heartbreaking situation’ after aircraft carrying Saulos Chilima and nine others goes missing in bad weather

Soldiers are searching mountainous forests in northern Malawi after an aircraft carrying vice-president Saulos Chilima and nine others went missing on Monday.

The plane carrying Chilima, former first lady Shanil Dzimbiri and eight others left the capital, Lilongwe, at 9.17am and had been expected to land 45 minutes later at Mzuzu international airport, about 370km (230 miles) to the north.

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Leonard Peltier, Indigenous activist in prison for 47 years over FBI killings, has parole hearing

FBI chief condemns Peltier, 79, who denies killing agents on Pine Ridge reservation in 1975, as ‘remorseless killer’

Leonard Peltier, a Native American activist who has served nearly 50 years in prison for the killing of two FBI agents, was due to have his first parole hearing since 2009 on Monday, his lawyer said.

Peltier, 79, has maintained that he did not kill the FBI special agents Jack Coler and Ronald Williams in 1975 on the Pine Ridge Indian Reservation. Advocates, including figures such as the late Nelson Mandela and a former prosecutor and judge involved in his case, have long said he should be freed because of what they call legal irregularities in his trial.

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UN security council endorses US-backed hostages-for-ceasefire Gaza deal

Only Russia abstains in vote on plan calling for hostage and prisoner swap in six-week ceasefire leading to wider deal

The UN security council has adopted a resolution calling for Hamas to agree to a three-phase hostage-for-ceasefire proposal outlined by Joe Biden, the first time the body has endorsed a comprehensive peace deal to end the Gaza war.

A Hamas statement said the group welcomed the resolution, though it was not immediately clear if that meant the leadership in Gaza accepted the ceasefire plan.

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French officer questioned over fatal shooting of 19-year-old in traffic stop

Man shot in chest by officer while attempting to flee police who had forced speeding vehicle to stop

French police are questioning an officer after the fatal shooting of a 19-year-old man as he fled an attempted control of a vehicle for speeding, prosecutors said.

It was the latest incidence of alleged police violence against suspects that has prompted protests in recent years by critics citing heavy-handed tactics, in particular against people from ethnic minorities.

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