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

Trump Urges Venezuela’s Military to Turn on Maduro

Infowars Life Protein Bar Combo

Limited Advanced Release

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

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

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

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

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

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

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

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

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

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

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

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

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Source: InfoWars

0 0

Trillion pounds of assets leave London ahead of Brexit: EY

FILE PHOTO: British and EU flags flutter outside the Houses of Parliament in London
FILE PHOTO: British and EU flags flutter outside the Houses of Parliament in London, Britain January 17, 2019. REUTERS/Clodagh Kilcoyne

March 20, 2019

LONDON (Reuters) – Assets worth around a trillion pounds $1.32 trillion) are moving from London to hubs in the European Union ahead of Brexit, with the parallel shift in jobs likely to top 7,000, consultants EY said on Wednesday.

Banks, asset managers and insurers in London are opening or expanding hubs in the EU to avoid disruption from Britain’s departure from the European Union.

Britain is legally due to leave next week, but the British government is asking Brussels for a delay.

In its latest Brexit Tracker, EY said that 23 companies have announced the transfer of about a trillion pounds in assets, up from 800 billion pounds in the last quarter.

Dublin remains the most popular destination for relocations, with 28 companies saying they have plans to set up shop there, but Frankfurt, Luxembourg and Paris are catching up, with between 21 and 18 firms.

“As 29 March draws nearer, companies are reconfirming or revising the statements they have made about the extent of staff and operational changes they are making, but we are not seeing many last-minute surprises – firms are executing their plans as expected,” EY said in a statement.

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

Source: OANN

0 0

EU, Rome agree draft deal to soften bail-in rules on Italy banks: source

FILE PHOTO: Duomo's cathedral and Porta Nuova's financial district are seen in Milan
FILE PHOTO: Duomo's cathedral and Porta Nuova's financial district are seen in Milan, Italy, May 16, 2018. REUTERS/Stefano Rellandini/File Photo

April 5, 2019

By Francesco Guarascio

BUCHAREST (Reuters) – The Italian government and the European Commission have reached a provisional agreement to reimburse some investors who bought shares in failed banks, an Italian official said, in an unprecedented move that would soften EU rules on bank rescues.

The bail-in rules devised after the last decade’s financial crisis were designed to make any given bank and its creditors – instead of taxpayers – financially responsible if it went bust, with shareholders first in line to pay up.

Since the regulations came into force in 2016, shareholders have been all but wiped out in all bank collapses, including Banca Monte dei Paschi di Siena and two smaller north-eastern banks that Italian authorities intervened to save in 2017.

Losses have also been inflicted on bondholders in some cases, while depositors have always been spared.

But under the new provisional deal between Brussels and Rome, bondholders and shareholders of failed Italian banks could claim their money back, the official from the Italian finance ministry said.

“The Commission is in constructive contact with Italy on the proposed measures,” the EU commissioner for financial services Valdis Dombrovskis said, declining to comment further.

Under the agreement, shareholders with annual incomes below 35,000 euros ($39,280) and property worth less than 100,000 euros would be automatically compensated for their losses in past bank rescues, the official said.

The deal would notably benefit Italian savers forced to buy bank shares in exchange for mortgages in what appears to have been fraudulent transactions, but its critics say it is unlikely that all those entitled to claim compensation under the wealth criterion were victims of swindling.

In a March ruling that has been interpreted as a softening of the bail-in rules, EU judges overturned a decision the European Commission took in 2014 to block the rescue of Tercas, a small Italian bank, with money from the country’s depositor fund.

While Brussels could appeal that ruling, the deal with Italy would further weaken the legal framework.

The agreement would need to be approved by the two parties in Italy’s euroskeptic government, which is campaigning for EU elections in May.

The anti-establishment 5-Star Movement wants even softer terms to compensate those who were allegedly missold bank shares and bonds, an Italian official said. It and the co-ruling far-right League pressed for generous compensation for bank creditors before last year’s national elections in Italy.

(Reporting by Francesco Guarascio; additional reporting by Valentina Za in Milan; editing by John Stonestreet)

Source: OANN

0 0

Floods, destruction from cyclone continue in Mozambique

A week after Cyclone Idai hit coastal Mozambique and swept across the country to Zimbabwe, the storm's aftermath of flooding, destruction and death continues in southern Africa, making it one of the most destructive natural disasters in the region's recent history.

Floodwaters are rushing across the plains of central Mozambique, submerging homes, villages and entire towns. The flooding has created a muddy inland ocean 50 kilometers (31 miles) wide where there used to be farms and villages, giving credence to Mozambican President Filipe Nyusi's estimate that 1,000 may have been killed.

Mozambique reports that 200 have died and Zimbabwe reports a similar number but emergency workers say the death toll will continue to rise.

Rains stopped, at least temporarily, Thursday and floodwaters have begun to recede, according to aid groups.

Source: Fox News World

0 0

What stood out in the February U.S. jobs report

A job seeker fills out an application at a job fair at the Denver Workforce Center in Denver
FILE PHOTO: A job seeker fills out an application at a job fair at the Denver Workforce Center in Denver, Colorado, U.S. February 15, 2017. REUTERS/Rick Wilking

March 8, 2019

By Dan Burns

NEW YORK (Reuters) – Headline U.S. job growth hit the brakes in February, registering the smallest gain since September 2017 and the third-smallest during the unprecedented run of 101 consecutive months of payrolls gains.

Here are five factors that stood out in the Labor Department’s report.

A ONE-OFF OR START OF A WEAKENING TREND?

The big question on the minds of economists and investors is whether February was an anomaly or the start of cyclical weakening in the U.S. job market.

Since the uninterrupted employment expansion began in October 2010, the only two weaker months than February’s 20,000 increase were in May 2016 at 15,000 and September 2017 at 18,000. In both cases, job growth snapped back the next month, rising by more than 250,000 in both cases.

Graphic: U.S. job gains stall – will they bounce back – https://tmsnrt.rs/2Un9XbP

PRIME-AGE WORKFORCE IS GROWING … AND CHANGING

The workforce participation rate among prime working-age adults between 25 and 54 years old is around the highest since 2010 at 82.5 percent, much higher than the overall participation rate of 63.2 percent.

Moreover, its slow recovery has been led by prime-age women more so than men, reflecting a long-running change in the makeup of the American workforce. The female participation rate is 75.9 percent, up 2.6 percentage points from its low in 2015, but the male rate has risen by just 1.5 points from its trough in 2014.

That recently drove the workforce gender gap to a record low, and February’s reading is only just off that.

Graphic: U.S. workforce participation – https://tmsnrt.rs/2CaJ03X

WAGE GAINS ARE ACCELERATING

The yearly increase in average hourly earnings was the biggest since 2009 at 3.4 percent, but that reflects a wide range of pay rise rates across different business sectors.

Manufacturing pay growth was the weakest at just 2.63 percent, while wages in the tech sector grew near the fastest in decades at around 6 percent.

Graphic: U.S. wage growth – https://tmsnrt.rs/2NPj8iR

LEAVING THE EMPLOYMENT SIDELINES

As the headline unemployment rate dropped to 3.8 percent, near a five-decade low, a wider measure of people who are marginally attached to the workforce – the so-called U6 rate – fell by the most since the Bureau of Labor Statistics began tracking it in 1994.

February’s reading of 7.3 percent was the lowest since 2001.

Some economists believe that the recent pickup in wage growth has motivated these individuals to check back into the labor force after a prolonged absence.

Graphic: Back in the workforce – https://tmsnrt.rs/2UnbMFH

Graphic: The draw of better pay? https://tmsnrt.rs/2NRzvvd

NORTHERN EXPOSURE?

February’s big miss on U.S. payroll growth – job gains had been estimated at 180,000 – was not replicated by America’s neighbor to the north.

Canada created nearly 56,000 jobs last month when no gains had been forecast.

Moreover, it was the first time since 2012 that Canadian payrolls growth topped U.S. gains. The margin of 25,900 was the largest since 2010.

Graphic: Whoah Canada! – https://tmsnrt.rs/2CbRNml

(Reporting by Dan Burns; Editing by Andrea Ricci)

Source: OANN

0 0

Duke survives UCF on Barrett putback in thrilling finish

NCAA Basketball: NCAA Tournament-Second Round-Duke vs UCF
Mar 24, 2019; Columbia, SC, USA; Duke Blue Devils forward RJ Barrett (5) looses control of the ball during the second half in the second round of the 2019 NCAA Tournament at Colonial Life Arena. Mandatory Credit: Bob Donnan-USA TODAY Sports

March 25, 2019

RJ Barrett scored off a rebound with 12 seconds remaining, and Duke made a final defensive stand to pull out a 77-76 victory against Central Florida in the NCAA Tournament’s second round Sunday in Columbia, S.C.

Central Florida’s BJ Taylor missed a runner in the final seconds, and a tip-in attempt by Aubrey Dawkins barely rolled off, allowing top-seeded Duke to advance in the East Region. Duke (31-5) will meet the Virginia Tech-Liberty winner on Friday night in the Sweet 16 in Washington, D.C.

Ninth-seeded Central Florida was up 74-70 with the ball with less than two minutes to play before a turnover. Breaking the other way, Duke’s Cam Reddish hit a 3-pointer, and then teammate Javin DeLaurier missed two free throws with 1:09 to play.

Taylor made two free throws with 45.2 seconds to play for a 76-73 lead.

After Williamson missed a 3-pointer, DeLaurier grabbed the offensive rebound. Williamson drove for a layupand was fouled with 14.4 seconds left, with UCF 7-foot-6 center Tacko Fall fouling out on the play. Williamson missed a chance for a three-point play by leaving the free throw short, but Barrett rebounded and laid it in to put Duke ahead.

Central Florida called timeout with 8.1 seconds remaining to set up the final sequence.

Williamson finished with 32 points, Barrett scored 16, Reddish had 13 and Tre Jones posted 11.

Sunday’s game included Central Florida coach Johnny Dawkins, a former Duke star, going against his alma mater. The coach later was an assistant coach under Duke’s Mike Krzyzewski.

Aubrey Dawkins, the coach’s son, poured in 32 points for the Knights (24-9), while Taylor and Fall both had 15.

Down eight at the break, the Knights scored the first seven points of the second half, resulting in a Duke timeout.

Later it was tied at 57-57 when Fall was called for his fourth foul. Duke went up 64-59 on 3-pointers from Jones, who missed his first six 3-point tries, and Jordan Goldwire.

Reddish, who had 10 points in the first half, was called for his fourth foul at the 13:48 mark.

Central Florida went up 70-68 on Taylor’s 3-pointer with just under four minutes left.

Tied at 34-34, Duke scored eight straight points in 34 seconds late in the first half and took a 44-36 lead to the break.

Duke shot 54.5 percent from the field in the first half, hitting five of 11 of its 3-point attempts.

Fall picked up his second foul with 10:56 to play in the first half. From there, Duke went on a 12-2 run for a 25-21 lead.

Dawkins had 10 points as part of Central Florida’s early 19-13 lead.

–Field Level Media

Source: OANN

0 0

French senators: Macron security affected by ex-aide's acts

French senators say they think French President Emmanuel Macron's security has been affected by the conduct and actions of an ex-aide at the center of a political scandal.

A Senate commission released a report Wednesday about the former security aide, Alexandre Benalla. He was fired in August after a video surfaced of him beating a protester at a May Day demonstrator last year.

Philippe Bas, president of the Senate Laws Commission, said the panel found elements showing "there have been numerous errors, irregularities and missteps" before and after Benalla was fired from the presidential Elysee Palace.

Paris prosecutors opened an investigation last week of whether Benalla told lies during the investigation.

Benalla was jailed on Tuesday night for allegedly not respecting the conditions of his judicial supervision.

Source: Fox News World

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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