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Body found stuffed in suitcase in San Francisco Bay was hanged and drugged: prosecutors

A San Francisco man was arrested and charged last week in connection to the alleged torture and murder of a man whose body was found stuffed into a suitcase and tossed into the San Francisco Bay, officials said on Monday.

Gerald Rowe, 47, who was arrested Friday, faces charges including torture, conspiracy, kidnapping, battery with serious bodily injury, false imprisonment, possession of a firearm by a felon and drug offenses.

The body of George Randall Saldivar, 23, was discovered earlier this month floating near Pier 39, The San Francisco Chronicle reported. A medical examiner determined he was murdered and alerted police, the report said.

An investigation led authorities to Rowe’s home, where they found a recorded video of the alleged killing, Assistant District Attorney Michael Swart said. Authorities said the video showed a second unidentified person participating in Saldivar’s murder but it wasn’t immediately clear whether that person has been arrested.

5 FOUND DEAD IN PENNSYLVANIA APARTMENT, MOTHER AND DAUGHTER ARRESTED: POLICE

The video shows Rowe and his co-conspirator engage in "consensual sexual activity" with Saldivar before they tied a rope around his neck, according to a motion filed Monday by the district attorney’s office. Rowe and the co-conspirator allegedly yanked on the rope, placed a bag over the victim’s head, and injected him what prosecutors believe was fentanyl, the motion stated.

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After Saldivar collapsed, Rowe and the co-conspirator stuffed his body into a suitcase which they sealed in plastic and let sit for an entire day, Swart said. Rowe’s arraignment is scheduled for Thursday, The Chronicle reported. Authorities are working to determine a motive for the grisly killing.

Source: Fox News National

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Senate appropriations panel chair rejects Trump request for State Department budget cut

FILE PHOTO - Chairman of the Senate Judiciary Committee Lindsey Graham (R-SC) speaks to the media on Capitol Hill in Washington.
FILE PHOTO - Chairman of the Senate Judiciary Committee Lindsey Graham (R-SC) speaks to the media after Special Counsel Robert Mueller found no evidence of collusion between U.S. President Donald Trump’s campaign and Russia in the 2016 election on Capitol Hill in Washington, U.S., March 25, 2019. REUTERS/Joshua Roberts

April 9, 2019

WASHINGTON (Reuters) – Republican U.S. Senator Lindsey Graham flatly rejected on Tuesday President Donald Trump’s request for a steep cut in the budget for the U.S. State Department.

That proposal “ain’t happening,” Graham, chairman of the Senate Appropriations subcommittee that oversees the State Department, said at a hearing on the budget with Secretary of State Mike Pompeo.

(Reporting by Patricia Zengerle; Editing by James Dalgleish)

Source: OANN

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Walmart creates Angus beef supply chain, cutting out meat processors

Walmart's logo is seen outside one of the stores in Chicago
FILE PHOTO: Walmart's logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski

April 24, 2019

By Tom Polansek

(Reuters) – Walmart Inc is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry.

The world’s largest retailer said on Wednesday that the move would allow it to ensure supplies of quality Angus beef and meet demands from customers who want to know the origin of their meat.

Normally, Walmart would buy Angus beef from companies like Tyson Foods Inc and Cargill Inc.

Walmart has now arranged to source cattle from Texas rancher Bob McClaren of Prime Pursuits and 44 Farms, who said the retailer will sell no-hormones-added Black Angus beef.

The cattle will be fed at a feedyard that specializes in avoiding hormones, slaughtered in Kansas and packaged in Georgia before the beef hits shelves in about 500 Walmart stores in the southeastern United States.

“Having visibility to the end-to-end process lets us know we are helping our customers bring a consistently great piece of meat to their table every time they buy with us,” Scott Neal, Walmart’s senior vice president of meat, said in a statement.

Tyson said it supported Walmart’s project, while Cargill did not respond to a request for comment.

Tyson shares slipped 0.7 percent in afternoon trading, and Walmart shares rose 0.6 percent.

Walmart’s efforts to exert more control over its meat supply come after it switched to selling high-grade Angus beef in 2017.

The retailer’s latest actions target younger consumers who want more transparency in food production and no growth hormones in their meat, said Cassie Fish, a beef industry expert who formerly worked at Tyson.

“It’s a play for the millennials,” she said.

Walmart has separately increased its control over its dairy supply by opening a processing plant in Indiana that supplies private-label milk to stores.

Rival Costco Wholesale Corp is meanwhile building a chicken plant in Fremont, Nebraska, that will serve its stores.

“There appears to be an emerging trend of backwards integration into the ag supply chain,” said Jeremy Scott, an analyst at Mizuho.

“This is a unique approach by Walmart to pursue a direct link from calf to plate, but it comes with plenty of risk and new variables.”

Walmart would struggle to create a supply chain that covers all its beef needs, Vertical Group analyst Heather Jones said, so the retailer will still need to buy some meat from Tyson.

Processors such as Tyson buy cattle from feedlots in broad geographic areas and own multiple plants that slaughter beef for sale by retailers and restaurants.

Tyson also recently announced a program to trace the origins of beef raised without antibiotics or added hormones.

“We’ve gone through several years now of very strong demand for beef,” said David Anderson, an agricultural economist at Texas A&M University. “A big part of that is consumers’ demand for higher quality.”

(Reporting by Tom Polansek in Chicago; additional reporting by Soundarya J, Nivedita Balu and Aishwarya Venugopal in Bengaluru; editing by Cynthia Osterman)

Source: OANN

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Meet Victoria’s Secret’s First Red-Haired Angel, Alexina Graham

Katie Jerkovich | Entertainment Reporter

Meet the first-ever red-haired Victoria’s Secret Angel, Alexina Graham.

Judging by the photos and clips on her social media account, the honor is well deserved. (RELATED: Celebrate Alessandra Ambrosio’s Birthday With Her Most Scandalous Pics [SLIDESHOW])

“I found out I was going to officially become a Victoria’s Secret Angel when I was at dinner with my best friend. . . . It’s very exciting! It still feels so surreal, to be honest, I have been working so hard to get to this moment — it’s a real mixture of feeling emotional, nervous and excited,” the 29-year-old Victoria’s Secret model shared with Glamour UK Thursday.

Alexina Graham attends the Victoria's Secret Viewing Party ar Spring Studios on December 2, 2018 in New York City. (Photo by Dimitrios Kambouris/Getty Images for Victoria's Secret)

Alexina Graham attends the Victoria’s Secret Viewing Party ar Spring Studios on December 2, 2018 in New York City. (Photo by Dimitrios Kambouris/Getty Images for Victoria’s Secret)

“I found out when I was having dinner with one of my best friends, just in a restaurant in Soho, New York,” she added. “My agent sent me a screenshot of an email saying, ‘You are joining the [Victoria’s Secret] family in 2019!’ So, I called her thinking she was joking, and she said, ‘No, it’s true!'”(RELATED: Take A Look Back At Adriana Lima’s Career With Victoria’s Secret)

Graham continued, “So, me and my friend just got champagne — it was such a great way to find out! We kept it chic though, darling!”

The beauty from Nottingham, U.K., announced Thursday on Instagram that she had officially got her wings — following in the footsteps of such huge supermodels as Gisele Bundchen, Adriana Lima and Jasmine Tookes, just to name a few.

She first walked the annual lingerie show catwalk in 2017 and then once again in 2018. Lots of models walk the show, but getting wings is a special honor.

“It means so much to me to be the red-haired [Victoria’s Secret] Angel. . . . Being a Victoria’s Secret’s Angel comes with a lot of empowerment,” the lingerie model explained. “I think for me being a red-head [Victoria’s Secret] Angel means I get to put redheads out there more.”

“Being an angel is part of having that media outreach so that I can say to young red-head kids, ‘you can do anything you want! Nothing is impossible!'” she added. “This is a ‘two fingers up at my bullies’ moment…”

Graham continued, “Like most redheads, I did get bullied at school because we just stand out. I was this skinny little, geeky thing with no boobs but now I have embraced it as a woman. Having red hair is now a powerful part of my identity. It took me a long time to get here, I have gone through so much in the last ten years both in terms of my career and my life.”

At one point, she said she almost gave up her dream of modeling about “[five-to-six] years ago,” but her mom encouraged her to “keep going.”

And clearly it was a great decision. We can hardly wait to see what the future will bring for her. Congratulations!

Source: The Daily Caller

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BlackRock makes two new investment stewardship hires: sources

FILE PHOTO: The company logo and trading information for BlackRock is displayed on a screen on the floor of the NYSE
FILE PHOTO: The company logo for BlackRock is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid/File Photo

March 25, 2019

By Jessica DiNapoli and Svea Herbst-Bayliss

(Reuters) – BlackRock Inc, the world’s largest asset manager, has hired Tanya Levy-Odom and Shannon Nelson for its investment stewardship team that engages with companies on corporate governance, according to their LinkedIn profiles and sources with knowledge of the moves.

The team has emerged as one of the most influential forces in corporate America, given BlackRock’s standing as a top shareholder in most big companies. It has been driving change behind the scenes on how companies run themselves and how they handle environmental, social and governance issues.

Levy-Odom has joined BlackRock as a director from strategic advisory and communications firm Rose & Company, according to her LinkedIn profile. She also worked in investor relations at Meredith Corp and in equity research at asset manager AllianceBernstein Holding LP, according to her profile.

Nelson joined the asset manager as a vice president, according to her LinkedIn profile. She formerly worked at BlackRock as an associate in institutional sales, maintaining relationships with investors such as public and private pension plans, according to her LinkedIn profile. She also worked at the Federal Reserve Bank of New York, according to her profile.

Sources familiar with the hirings who requested anonymity to discuss personnel issues confirmed the hires. BlackRock declined to comment.

Several executives have departed BlackRock recently, with James Hamilton moving to shareholder advisory firm PJT Camberview to work on governance matters, and Peter da Silva Vint joining investment bank Moelis & Co in its shareholder defense practice.

Zach Oleksiuk, the former leader of BlackRock’s investment stewardship team in the Americas, now works for investment bank Evercore Inc. Ray Cameron replaced him last year, reporting to global stewardship head Michelle Edkins.

Corporate boards are increasingly in the spotlight as activist hedge funds targeting governance issues grow in influence and social matters such as the #MeToo movement and Black Lives Matter put directors in the hot seat.

(Reporting by Jessica DiNapoli in New York and Svea Herbst-Bayliss in Boston; Editing by Susan Thomas and Paul Simao)

Source: OANN

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Missing Alabama woman found alive in wrecked car 5 days after disappearance, police say

An Alabama woman who disappeared last week while driving to a post office was found on Monday pinned inside a wrecked car, where police say she may have been trapped for several days.

Robin Joyce Fancher was last seen on April 17 leaving her apartment in her Mitsubishi Galant, Headland police said. She was reported missing two days later.

POLICE DON'T BELIEVE MISSING FIVE-YEAR-OLD ILLINOIS BOY WAS ABDUCTED OR WANDERED OFF

Authorities said they received a call on Monday from a passerby who spotted a crashed vehicle in a ditch. The position of the car and the surrounding brush had obscured it from the road.

“It is believed that the crash occurred several days ago, but was not easily visible from the roadway,” the Alabama Law Enforcement Agency said in a statement.

Robin Joyce Fancher was found alive inside a car wreck five days after she vanished in south Alabama, police said.

Robin Joyce Fancher was found alive inside a car wreck five days after she vanished in south Alabama, police said. (Headland Police Department)

Rescuers from five different agencies spent over an hour working to free Fancher, who was trapped against the driver’s door, WDHN-TV reported.

"The main challenges were going to be where the car was and where the victim was pinned against the driver's door," Dothan Fire Battalion Chief Pete Webb told the station. "It was off the road, and it was difficult to get the car to pull around her."

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Fancher suffered multiple injuries but had been communicating with rescuers, the Dothan Eagle reported. A family member told the paper that Fancher was recovering at a hospital in stable condition.

It wasn’t immediately clear how Fancher had survived for days pinned inside the wreck.

The Associated Press contributed to this report.

Source: Fox News National

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Algerian Parliament to make president’s resignation official

Both houses of Algeria's Parliament are meeting next week to take official note of the country not having a leader after the resignation under pressure of its president.

A senator from former President Abdelaziz Bouteflika's FLN party, Abdelouahab Benzaim, says the two houses plan to meet on Tuesday.

If the president's office is vacated, the Algerian Constitution calls for the head of the upper house to serve as leader for a maximum of 90 days before an election.

Bouteflika stepped down after two decades on April 2 after a pro-democracy protest movement won the army's backing.

A Bouteflika appointee, Abdelkader Bensalah, is the leader of parliament's upper chamber. The protesters are calling for him and others who make up the top of the country's power hierarchy to leave, too.

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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