Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am


Upcoming shows
Real News

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Smart Tech in New Homes Can Provide Savings, Convenience

Recently released numbers from the U.S. Department of Commerce show that new home sales were up 4.9% this past February, in the midst of a thriving real estate market — and it’s a good time for new property owners. That’s because today’s recent construction is more likely to be fully equipped with smart home technology and that can bring real savings. From smart thermostats to leak detection technology, home ownership is more sustainable and affordable than ever before.

Built-in smart home technology is not only a money saver, but it’s also a purchase incentive. According to research, 81% of homeowners would be more inclined to buy a house with these devices already installed. This is a sign of growing acceptance among American homeowners as such devices become more familiar, as well as being associated with the increase in millennials purchasing their first homes.

Affordable Upgrades

It’s important to be clear: not all smart technology saves homeowners money. Home security, for example, may occasionally earn homeowners insurance credits, but in most cases, it’s a cumulative cost with few financial advantages, while voice-controlled speakers may actually lead to reckless spending. Smart LED lighting and thermostats, on the other hand, are affordable options with sizeable savings potential and wide appeal.

Just how much savings do these basic upgrades promise? According to the property management experts at Green Residential, who manage a variety of homes and apartments across the Houston, Texas area, a basic smart thermostat saves homeowners between $131 and $145 per year. LED lights, on the other hand, save owners more as the number in use grows. Each will save owners $13 a year on average, but the average homeowner has at least five lights that can be converted to LED, and likely many more.

Sensing Serious Risks

While LED lights and smart thermostats are affordable options, even for those seeking to upgrade older homes, new construction offers more advanced and complicated options not ordinarily available. Just recently, Semtech announced new radio frequency technology that monitors changes in humidity and temperature to identify invisible water leaks.

In the past, such leaks could cause serious structural damage before they became visible to the naked eye, as well as fostering mold growth. By identifying leaks before they progress, however, this new technology can save homeowners the cost of major repairs and renovations.

Additional Savings

Smart home technology provides savings through cumulative changes, much as any sustainability efforts do, but having that technology pre-installed is where homeowners achieve the biggest savings.

According to HomeAdvisor, it costs an average of $189 to install a new smart home appliance, which means it will take over a year to recoup the costs of the average device. Depending on how disruptive that installation process is, this can be a deterrent to homeowners.

When smart home devices are preinstalled in new construction, the homes typically don’t cost more — the new technology simply displaces old technology - but the savings begin to accrue immediately. Homeowners are saved the disruption, but also the added cost of purchasing and installing these tools.

Time Is Money

Finally, while smart home devices provide clear financial savings, they’re also tools of convenience and, as the saying goes, time is money. By automating an array of tasks, smart appliances save homeowners time, with an average estimate of thirty minutes a day. While that’s not much on any individual day, over the course of a week, that’s three and a half hours of time that can be committed to other activities, along with added peace of mind, and increased sustainability.

In the next few years, the majority of homes on the market, whether new construction or older, renovated homes, will be expected to contain at least basic smart home devices — it will be the only way to compete. That’s good news for buyers, tech companies, and the environment, a rare advance in which benefits accrue to all participants.

Larry Alton is a professional blogger, writer, and researcher. A graduate of Iowa State University, he's now a full-time freelance writer and business consultant.Currently, Larry writes for Entrepreneur.com, Inc.com, and Forbes.com, among others. In addition to journalism, technical writing and in-depth research, he’s also active in his community and spends weekends volunteering with a local non-profit literacy organization and rock climbing. Follow him on Twitter (@LarryAlton3), at LinkedIn.com/in/larryalton, and on his website, LarryAlton.com. To read more of his reports — Click Here Now.

Source: NewsMax America

0 0

Confirmed: Mueller seeking subpoena, contempt citation against foreign corporation

Documents filed with the Supreme Court and unsealed on Wednesday revealed definitively, and for the first time, that Special Counsel Robert Mueller is the party seeking a grand jury subpoena and subsequent contempt citation against an unnamed, government-controlled foreign corporation that has resisted prosecutors' efforts at every turn.

Fox News has previously reported on strong indications that Mueller’s office was behind the case, although neither his office nor lawyers for the unnamed overseas company would provide confirmation.

The proceedings are believed to be linked to attempts by Mueller's team to secure information to present to an empaneled grand jury in the special counsel's Russia investigation. Mueller is looking into not only whether members of President Trump's inner circle improperly colluded with Russia, but also a range of other matters pertaining to foreign activities by high-ranking Americans.

Court proceedings have been closed to the public, and court documents have redacted the name of the corporation. During oral arguments in the case late last year, court officials shuttered an entire floor of the federal courthouse in Washington, D.C., from the public and the press.

Special Counsel Robert Mueller has doggedly pursued a subpoena against an unnamed foreign corporation.

Special Counsel Robert Mueller has doggedly pursued a subpoena against an unnamed foreign corporation.

“Earlier this year, Special Counsel Robert Mueller served a grand jury subpoena on is a 'foreign state' as the Foreign Sovereign Immunities Act defines the term," the unsealed filing, written by lawyers for the unknown corporation, reads. "From the outset, argued that it is immune under the FSIA from complying with, a criminal subpoena because American courts lack criminal jurisdiction over foreign states. The Special Counsel has argued from the outset that the FSIA does not apply to criminal proceedings and that, if it does, the statute's exceptions can support criminal jurisdiction over a foreign state.”

In January, the Supreme Court issued an unsigned order refusing to dismiss a contempt citation from a federal judge against the corporation for failure to comply with Mueller's subpoena.

WHAT DID CHIEF JUSTICE ROBERTS SAY LAST YEAR ABOUT MYSTERY CORPORATION'S SUBPOENA?

The unnamed company -- listed cryptically in court records as owned by "Country A" -- had challenged the subpoena from a federal grand jury in Washington, including daily fines, after it refused to turn over requested documents to U.S. investigators.

The corporation argued that complying with the subpoena would violate the laws of its country and thus constitute an undue hardship. But in December, a three-judge panel for the D.C. Circuit Court of Appeals held otherwise.

The judges ruled "that text of the foreign law provision the Corporation relies on does not support its position" and found that the country's counsel -- and a regulator from the country -- offered only an "atextual" contrary interpretation that lacked "critical indicia of reliability."

The appellate panel also rejected the corporation's argument that the Foreign Sovereign Immunities Act rendered it immune from prosecutors' request.

An interpretation of federal law that "would completely insulate corporations majority owned by foreign governments from all criminal liability," the judges wrote, "seems in far greater tension with Congress’s choice to codify a theory of foreign sovereign immunity designed to allow regulation of foreign nations acting as ordinary market participants."

The panel found "that text of the foreign law provision the Corporation relies on does not support its position" and found that the country's counsel -- and a regulator from the country -- offered only an "atextual" contrary interpretation that lacked "critical indicia of reliability."

CLICK TO GET THE FOX NEWS APP

Shortly after the Supreme Court issued its order upholding the contempt citation, the D.C. Circuit Court of Appeals issued a separate, partially redacted opinion upholding its earlier ruling against the company. The opinion noted that the company is facing a $50,000-per-day fine for failure to turn over the documents. The papers in question are kept overseas, though the company does have an office in the U.S.

The opinion also noted that prosecutors have been trying to obtain the information since at least this past summer, and the three-judge panel determined it could get involved in the dispute because "there is a reasonable probability the information sought through the subpoena here concerns a commercial activity that caused a direct effect in the United States."

Source: Fox News Politics

0 0

Merkel calls Netanyahu, stresses need for two-state solution

German Chancellor Angela Merkel has congratulated Israeli Prime Minister Benjamin Netanyahu on his re-election and stressed the need to work toward a two-state solution for the Israeli-Palestinian conflict.

Merkel's office said stressed in a phone conversation Monday the continued relevance of a two-state solution, which she said should be the goal of international efforts.

Merkel also expressed her willingness to work closely and trustingly with the incoming Israeli government.

During the final stretch of his election campaign, Netanyahu pledged for the first time to annex parts of the occupied West Bank in a desperate bid to rally his right-wing base. Netanyahu has reneged on election eve promises before, but should he follow through on this one, it would mark a dramatic development and potentially wipe out the already diminishing hope for Palestinian statehood.

Source: Fox News World

0 0

Senegal president on course for strong election win

Senegal's President and a candidate for the presidential elections Macky Sall, speaks after casting his vote at a polling station in Fatick
Senegal's President and a candidate for the presidential elections Macky Sall, speaks after casting his vote at a polling station in Fatick, Senegal February 24, 2019. REUTERS/Zohra Bensemra

February 26, 2019

DAKAR (Reuters) – Senegal President Macky Sall is on course for victory in the Feb. 24 polls with nearly 60 percent of votes, according to preliminary figures provided by local media and a source inside the electoral commission.

Media website Dakaractu.com said that Sall had won over 58 percent based on preliminary data from polling stations, while the commission source said he won 59.5 percent.

Official results are expected later this week.

(Reporting By Diadie Ba; Writing by Edward McAllister, Editing by Angus MacSwan)

Source: OANN

0 0

Rudy Giuliani: ‘Vast Majority’ of Mueller Report Likely to Be Released

Attorney General Barr is likely going to release the "vast majority" of the Mueller report, including showing how it reached its 'no collusion' conclusion and begging the question why was there an investigation "in the first place," according to President Donald Trump's lawyer Rudy Giuliani.

"He is going to release, I'm sure, the vast majority of it," Giuliani told "The Cats Roundtable" on 970 AM-N.Y., The Hill reported.

Special counsel Robert Mueller's 300-plus-hundred-page report was summarized by AG Barr to reveal no evidence of President Trump's campaign conspiring with Russia to meddle in the 2016 presidential election. But that result did not satisfy President Trump's political opponents, who are now calling for the full Mueller report to be released.

While the full Mueller report is guarded by Justice Department privacy protections and regulations, including classified grand jury testimony, Giuliani still expects a "full explanation of Mueller," according to the report.

"I think you're going to get the full explanation of Mueller, I think you're going to see no collusion of any kind, which raises the question why do we have this investigation in the first place?" Giuliani added to host John Catsimatidis, per The Hill.

Source: NewsMax Politics

0 0

Bidding picks up again in Germany’s 5G mobile spectrum auction

A journalist uses his mobile phone to take a picture of the 5G logo prior to the auction of spectrum for 5G services at the Bundesnetzagentur head quarters in Mainz
A journalist uses his mobile phone to take a picture of the 5G logo prior to the auction of spectrum for 5G services at the Bundesnetzagentur head quarters in Mainz, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach

April 4, 2019

By Douglas Busvine

FRANKFURT (Reuters) – Bidding has accelerated again in Germany’s auction of frequencies for next-generation 5G mobile networks, reducing chances that the four companies taking part will bag spectrum at bargain prices.

Action had slowed to a trickle this week with new bids in each auction round dwindling to just a few million euros, fuelling speculation the auction could end up being Germany’s cheapest ever.

The auction is being held in an old army barracks, with teams sequestered in separate rooms submitting offers via a secure network. The process, which can run for weeks, ends only when there are no new bids.

Bidding picked up again on Wednesday afternoon with Deutsche Telekom ending the day in a dominant position. As of Thursday morning, the total amount pledged was 2.9 billion euros ($3.3 billion).

Germany is auctioning 41 blocks of spectrum in the 2 gigahertz and 3.6 GHz bands. Analyst Usman Ghazi at Berenberg Bank had forecast that, in a benign scenario for operators, proceeds could total around 3 billion euros.

His base-case scenario sees 4-5 billion euros in proceeds, while a worst-case outcome would be upward of 8 billion euros – roughly in line with a costly 5G auction in Italy last year that has put operators’ finances under pressure.

New entrant 1&1 Drillisch had been bidding up the cost of spectrum in the 2 GHz band – which is more suited to running 4G services – to levels that Ghazi called irrational.

Drillisch, run by billionaire Ralph Dommermuth, had been on the ropes earlier in the process, with dibs on just one spectrum block, but came back in Round 97 with a massive bid to signal the seriousness of its intent.

(GRAPHIC: Germany’s 5G Auction – Incremental Bids – https://tmsnrt.rs/2VnFafE)

Analysts note that Telefonica Deutschland, the market No.3 by revenues, has been passive in the 2 GHz band and speculate that it may have a reserve of existing adjacent spectrum to draw on for its network.

Bids are lower for spectrum in the 3.6 GHz band, which has higher data-carrying capacity and is suited to 5G applications such as running networked “smart” factories.

As of Round 126, Deutsche Telekom was leading in 12 blocks, Vodafone in 11, Drillisch in 10, and Telefonica Deutschland in just two. Bids had been withdrawn on the other six blocks.

(GRAPHIC: Germany’s 5G Auction – Total Raised – https://tmsnrt.rs/2HWVDEu)

Germany’s 4G spectrum auction in 2015 ended after raising 5.1 billion euros. A previous auction in 2010 went on for six weeks and ended after 224 rounds of bidding.

(Reporting by Douglas Busvine; Editing by Dale Hudson)

Source: OANN

0 0

Britain gives EU banks more time for no-deal Brexit preparations

FILE PHOTO: EU flags fly outside the European Commission headquarters in Brussels
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 6, 2019. REUTERS/Yves Herman/File Photo

March 29, 2019

By Huw Jones

LONDON (Reuters) – Britain’s financial regulators have given European Union banks, insurers and asset managers more time to decide whether to continue serving British customers if there is a no-deal Brexit.

Britain introduced a “temporary permissions regime” or TPR for EU financial firms to notify UK regulators if they want to continue serving UK customers after March 29 if the United Kingdom left the bloc with no divorce settlement.

Once notified, the firms would have up to three years to apply for a new UK license. If they don’t notify regulators, they would have to close their business in Britain.

The Financial Conduct Authority (FCA) said on Friday it has extended the deadline for notifications to April 11, the day before Britain has agreed with Brussels to leave the EU if there is no exit deal.

The Bank of England’s Prudential Regulation Authority (PRA)has introduced a similar extension.

The FCA also published the final version of its no-deal Brexit contingency plans for financial markets, just hours before parliament is due to vote at 1430 GMT on Friday for the third time on whether to accept the divorce settlement Britain negotiated with Brussels.

“The documents published today are the final stages in our preparations in the event that the UK leaves the EU without an implementation period,” said Nausicaa Delfas, head of international at the FCA.

“They ensure that firms have certainty of the financial regime they will be operating within, and so can plan accordingly to meet the needs of their customers.”

The FCA said it would publish information about technical standards under EU legislation on capital requirements, banking resolution and financial conglomerates once the PRA has published similar information.

(Reporting by Huw Jones; editing by Emelia Sithole-Matarise)

Source: OANN

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

DNA Force Plus

Limited Advanced Release

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

Source: InfoWars

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist