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Town halls across Germany evacuated after threats: police

Town halls in several German cities were evacuated after threats
Police secures the area near the Augsburg town hall, Germany, March 26, 2019. Town halls in several German cities were evacuated on Tuesday after threats, in some cases bomb threats, were received by email overnight. REUTERS/Ralph Brock

March 26, 2019

BERLIN (Reuters) – Town halls in several German cities were evacuated on Tuesday after threats, in some cases bomb threats, were received by email overnight, a number of police forces said.

“A threat against the city of Augsburg has been received, the town hall has been cleared, we are investigating,” tweeted police in the southern city.

Police posted similar tweets from western Neunkirchen and Kaiserslautern, eastern Chemnitz, central Goettingen and northern Rendsburg.

Most forces said sniffer dogs were searching for explosives and local traffic was disrupted.

Bild daily cited one police force as saying the threat level was unchanged.

In January, courts in three German cities received bomb threats but no explosions occurred.

(Writing by Madeline Chambers; Editing by Michelle Martin)

Source: OANN

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Trump calls Libyan commander pushing to seize Tripoli

President Donald Trump has spoken by phone with Libya's Field Marshal Khalifa Hifter, who is leading an offensive to take over the capital of Tripoli — the seat of the U.N.-supported government.

According to a readout released by the White House on Friday, Trump and Hifter talked about counter-terrorism and the political future of Libya. The call took place earlier in the week.

The statement says: "The President recognized Field Marshal Haftar's significant role in fighting terrorism and securing Libya's oil resources, and the two discussed a shared vision for Libya's transition to a stable, democratic political system."

Hifter is aligned with a rival government in the east that is supported by Trump's allies Egypt and United Arab Emirates.

Fighting between Hifter's army and Tripoli forces threatens to ignite a civil war.

Source: Fox News World

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Turkey: 3 women, 1 infant die as migrant boat sinks

Turkish authorities say three women and an infant have died after a fiberglass boat carrying migrants to Greece sank off the Turkish coast.

The coast guard said 11 other migrants were saved in an air and sea search mission launched early Tuesday off the town of Ayvacik, in northwest Canakkale province.

The privately owned DHA news agency said the boat, carrying 15 migrants from Iran and Afghanistan, was heading to the Greek island of Lesbos. The three women and the infant who died were from Afghanistan, the report said.

Migrants have been trying to get from Turkey into Greece, which is in the European Union, before heading to more prosperous European nations.

A 2016 deal between Turkey and the EU significantly curbed numbers but migrants still attempt the perilous journey.

Source: Fox News World

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Australia posts bumper jobs run but soft outlook keeps rate cut views alive

Commuters cast their shadows as they arrive at the Central Business District during the morning rush hour in Sydney
FILE PHOTO: Commuters cast their shadows as they arrive at the Central Business District during the morning rush hour in Sydney July 1, 2013. REUTERS/Daniel Munoz/File Photo

February 21, 2019

By Swati Pandey

SYDNEY (Reuters) – Australia’s jobs growth surged past all expectations in January as firms took on more full-time staff while the jobless rate stayed at its lowest in seven years, barnstorming performance that will boost policymakers confidence in the economy.

A total 39,100 net new jobs were created in January, from a downwardly revised but still sturdy 16,900 in December and surpassing market forecasts for a 15,000 increase, according to the Australian Bureau of Statistics (ABS) report on Thursday.

The Australian dollar briefly jumped to a two-week top of $0.7208 and the futures market pared chances of a rate cut later this year.

The rally soon ended after Westpac Banking Corp became Australia’s first major lender to predict cuts in the official cash rate later this year, citing slowing economic growth and lukewarm inflation.

Westpac chief economist Bill Evans, however, did point to January’s strong labor market outcome as a risk to his rate outlook.

The Reserve Bank of Australia (RBA), which has held rates at a record low 1.50 percent for 2-1/2 years, is counting on labor market strength for a long-awaited pick up in wage growth and inflation in the face of a downturn in the property market.

In recent public comments, RBA Deputy Governor Guy Debelle underlined the importance of the labor market for the economy.

“The main thing is to not lose your job,” Debelle said. “I say that in all seriousness.”

“Our main job is to make sure that the economy continues at a reasonable pace, with a low level of unemployment,” he added. “That’s going to be the thing which allows most people out there, who’ve got a mortgage, to continue to handle that mortgage.”

So far, the labor market is sticking to the RBA’s script with annual employment growth of 2.2 percent faster than the 1.6 percent rise in population.

The unemployment rate is at a 7-1/2-year trough of 5.0 percent. The only factor preventing a further decline in January was a rise in the participation rate to 65.7 percent. This means unemployment was steady even with an increase in the number of people looking for work.

A Reuters poll this week showed a median of 28 economists predicted rates at 1.50 percent through early 2021, a view that would find some support in Thursday’s numbers.

“The latest data means that the Reserve Bank stays on the interest rate sidelines for an extended period,” CommSec chief economist Craig James said.

“A strong job market, combined with generational lows in interest rates, reduces the prospect of a broader economic slowdown caused by fall in Sydney and Melbourne home prices.”

Helping that confidence, leading indicators of labor demand continue to point to further employment growth in Australia in a positive sign for household spending.

An index of vacancies released by the department of jobs and small business last month showed there were 185,547 skilled job vacancies in December, the highest in 6-1/2 years.

(Reporting by Swati Pandey; Editing by Sam Holmes)

Source: OANN

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Former State Department worker, 63, pleads guilty in China spy case

A former State Department employee admitted Wednesday to misleading investigators about accepting thousands of dollars in gifts and benefits from Chinese intelligence agents in exchange for information.

Candace Marie Claiborne, 63, pleaded guilty in federal court in Washington to a charge of conspiracy to defraud the United States. The charge carries a maximum penalty of five years in prison.

PUB APOLOGIZES, REMOVES CONTROVERSIAL PHOTO OF JESUS AFTER EXTREME BACKLASH: 'ABSOLUTELY DISGRACEFUL!'

“Candace Marie Claiborne traded her integrity and non-public information of the United States government in exchange for cash and other gifts from foreign agents she knew worked for the Chinese intelligence service,” Assistant Attorney General for National Security John Demers said in a statement. “She withheld information and lied repeatedly about these contacts."

Claiborne, who held a top-secret security clearance, was arrested in March 2017. She started working at the State Department as an office management specialist in 1999 and served in multiple overseas postings including Baghdad and Khartoum, Sudan, as well as Beijing and Shanghai.

Prosecutors said that over a five-year period, Claiborne received "Chinese New Year's gifts, international travel and vacations, tuition at a Chinese fashion school, a fully furnished apartment, a monthly stipend and numerous cash payments."

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In exchange, the government said, Claiborne “provided copies of internal documents from the State Department on topics ranging from U.S. economic strategies to visits by dignitaries between the two countries."

"Candace Claiborne broke the public trust when she accepted gifts and money from foreign officials, and then lied about it to State Department background investigators," U.S. Attorney Jessie Liu said in a statement. "The United States will continue to seek to hold accountable those who abuse their positions of trust."

Claiborne is scheduled to be sentenced July 9.

The Associated Press contributed to this report.

Source: Fox News Politics

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Obama-era DHS chief Jeh Johnson says US has a ‘crisis’ at the southern border

Former Homeland Security Secretary Jeh Johnson said Saturday that America has a “crisis” at the southern border, and that the number of apprehensions exceed anything he encountered during his time serving under former President Barack Obama.

“By anyone's definition, by any measure, right now we have a crisis at our southern border,” he said on “Cavuto LIVE.” “According to the commissioner of [Customs and Border Protection], there were 4,000 apprehensions in one day alone this past week, and we're on pace for 100,000 apprehensions on our southern border this month.”

TRUMP THREATENS TO CLOSE BORDER 'NEXT WEEK' IF MEXICO DOESN'T 'IMMEDIATELY STOP' FLOOD OF ILLEGAL IMMIGRANTS

“That is by far a greater number than anything I saw on my watch in my three years as Secretary of Homeland Security,” he said.

Johnson’s remarks come after President Trump this week accused Mexico of doing nothing to stop the illegal immigration flow to the U.S. and threatened to close to southern border next week.

The Obama-era DHS secretary was referring to comments by U.S. CBP Commissioner Kevin McAleenan said the border was at its “breaking point” and that there are not enough agents to respond to the crisis.

Last month, more than 76,000 migrants were detained, marking the highest number of apprehensions in 12 years. That figure includes more than 7,000 unaccompanied children. More than 36,000 migrant families have arrived in the El Paso region in fiscal 2019 with about 2,000 at the same time last year, according to CBP data. The influx has prompted new challenges for Border Patrol agents.

HOUSE DEMS FAIL TO OVERRIDE TRUMP VETO IN FIGHT OVER BORDER EMERGENCY DECLARATION

Trump declared a national emergency last month after Congress refused to accede to his demand of more than $5 billion in funding for a wall on the border.

Democrats, and some Republicans, have opposed that declaration -- which frees up an additional $3.6 billion in funding that can be used on a wall. A bill rebuking that move passed both the House and the Senate, but was vetoed by Trump. An effort to override that veto failed on Tuesday in the House.

The State Department meanwhile said Saturday that it is cutting direct aid to El Salvador, Honduras and Guatemala for 2017 and 2018. It did not immediately say why.

Johnson said that he believed there was a bipartisan way to resolve the deadlock between the White House and Congress, and there was a chance for some common ground but Trump shouldn’t try to circumvent Congress.

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“There are ways to do this, and you make your case to Congress for why there is a crisis and there is a crisis on our southern border right now and you do it through a conventional reprogramming and you get the resources you need to address the crisis,” he said. “There are answers to this problem, and if we can strip away the politics and the emotion, they can be obtained.”

Fox News’ Brooke Singman and The Associated Press contributed to this report.

Source: Fox News Politics

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Citigroup to enter burgeoning consumer payments business

FILE PHOTO: A Citibank sign on bank branch in midtown Manhattan in New York
FILE PHOTO: A Citibank sign on a bank branch in midtown Manhattan, New York, November 17, 2010. REUTERS/Mike Segar/File Photo

March 26, 2019

(Reuters) – Citigroup Inc said on Tuesday it is developing a consumer-payments platform, in a move to enter the rapidly growing digital payments industry.

Citi’s new service will offer merchants a range of consumer payment options to collect money, including from credit cards and e-wallets, the company said. This will expand its product portfolios within its mainstay business-to-business (B2B) payment offerings. [https://reut.rs/2CAEJXO]

The digital payment industry has been growing rapidly as more and more consumers make purchases online and use digital checkout services such as e-wallets or cash on delivery. The ease of transferring money has also made traditional payment methods such as checks redundant, forcing many banks and their merchant customers to quickly shift to digital payment technology or fall behind.

“We want to extend our leadership beyond the B2B payment space by developing capabilities to enable institutions to collect from consumers in a globally consistent and seamless fashion,” Naveed Sultan, global head of Citi’s Treasury and Trade Solutions, said.

Citi’s move is the latest foray by a major U.S. financial institution after U.S. fintech group Fidelity National Information Services Inc (FIS) agreed to buy payment processor Worldpay for $34.83 billion, marking the biggest acquisition in the digital payments industry.

Citi said it is working with payment processor Mastercard Inc to facilitate the service as it is already integrated with digital payment providers and e-wallets around the globe.

The bank also said it is collaborating with other digital payment companies to incorporate up to 140 alternative payment methods into its service.

(Reporting by Bharath Manjesh in Bengaluru; Editing by James Emmanuel)

Source: OANN

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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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