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Stone (hat trick), Stastny get five points each as Knights sink Sharks

NHL: Stanley Cup Playoffs-San Jose Sharks at Vegas Golden Knights
Apr 14, 2019; Las Vegas, NV, USA; Vegas Golden Knights players celebrate after defeating the San Jose Sharks in game three of the first round of the 2019 Stanley Cup Playoffs at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports

April 15, 2019

Mark Stone and Paul Stastny each had five points as the Vegas Golden Knights took a 2-1 lead in their first-round Stanley Cup playoff series with a convincing 6-3 victory over the San Jose Sharks on Sunday night in Las Vegas.

Stone notched his first-ever hat trick, while Stastny’s five-point night was the first of his career. Both set a team record for points in a playoff game. Max Pacioretty added a goal and an assist, and Shea Theodore also had three assists for Vegas, which improved to 8-3 all-time in playoff games at T-Mobile Arena.

Marc-Andre Fleury finished with 25 saves for his 77th career playoff victory, moving him into a tie with Mike Vernon for seventh place on the NHL’s all-time list.

Kevin Labanc, Timo Meier and Logan Couture scored for San Jose, which surrendered goals within the first 36 seconds in all three periods. Martin Jones finished with 34 saves.

The Golden Knights wasted little time taking a 1-0 lead, as Stone scored just 16 seconds into the opening period, the fastest goal to start a playoff game in Vegas history. Nate Schmidt hit Stone with a stretch pass down the middle of the ice from the Golden Knights’ blue line, and Stone then beat Jones with a backhand to his glove side.

Pacioretty made it 2-0 with a power-play goal 12 minutes later after Evander Kane was called for a double-minor high-sticking penalty for cutting William Carrier. Five seconds later, Pacioretty fired a wrist shot from the top of the right circle that beat Jones on his glove side.

San Jose cut it to 2-1 near the end of the period when Labanc jammed in Joe Thornton’s pass from behind the goal inside the right post for his first goal of the playoffs.

The Golden Knights extended their lead to 4-1 in the second period behind a pair of goals by Stastny, the first on a rebound from the top left circle just 21 seconds into the period, and the second on a power play when he redirected a crossing pass from Stone past Jones’ stick side.

After Stone made it 5-1 with another backhand goal just 36 seconds into the third period, San Jose cut it to 5-3 with goals by Couture and Meier 54 seconds apart.

Stone, who had five goals in 18 regular-season games with Vegas after coming over in a trade-deadline deal with Ottawa, sealed the win his third goal of the night and sixth in three playoff games when he beat Jones with another backhand at the end of a give-and-go with Stastny.

–Field Level Media

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Texas Tech’s Beard named Coach of the Year

NCAA Basketball: Final Four-Coach of the Year Press Conference
Apr 4, 2019; Minneapolis, MN, USA; Texas Tech Red Raiders head coach Chris Beard speaks during a press conference for being named the coach of the year at U.S. Bank Stadium. Mandatory Credit: Robert Deutsch-USA TODAY Sports

April 5, 2019

MINNEAPOLIS – Texas Tech coach Chris Beard was named college basketball Coach of the Year on Thursday.

Texas Tech has a school-record 30 wins entering Saturday’s national semi-final against Michigan State.

“I just want to thank the game of basketball for everything it does for people. It changes lives, and it’s just a special thing. Especially college basketball. When executed correctly, it can just change lives,” Beard said Thursday. “None of us are here today without basketball.”

Beard was an assistant coach and associate head coach at Texas Tech from 2001-11 and worked his way through small-college ranks — first at McMurry University in Abilene, Texas — as a head coach.

“Most importantly, this is an award that we won this year,” Beard said. “I was having the same conversation with Jarrett Culver just a couple of weeks ago in my office when he won Big 12 Player of the Year, and Culver and I shared the view that any award you get in athletics in a team sport is team based.

“So I really share this award with everybody, not only on this year’s team, but every Texas Tech team we’ve had as we built this.

“I just really want to thank the players. It’s so cool when we’re here and we get the award and you guys are here. I don’t know what I possibly could have what John Wooden and Bob Knight and Coach Izzo didn’t have, but I don’t think they had their team 30 minutes removed from practice sitting on the front row when we got the award. This is special. I want to thank each player that played on this year’s team. I wouldn’t be here if it wasn’t for you guys.”

The AP award founded in 1967 went three times to Beard’s mentor, Knight, but Beard is the first coach at a Texas university to win the trophy.

–Field Level Media

Source: OANN

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Three suitors circle Italy’s Cavalli as it seeks creditor protection

FILE PHOTO: A company logo is pictured outside a Roberto Cavalli store in Vienna
FILE PHOTO: A company logo is pictured outside a Roberto Cavalli store in Vienna, Austria, May 4, 2016. REUTERS/Leonhard Foeger

April 4, 2019

By Claudia Cristoferi

MILAN (Reuters) – Three investors including Italian fashion entrepreneur Renzo Rosso are eyeing a possible bid for luxury label Roberto Cavalli, according to a document filed by the company with a court in Milan as it seeks breathing space from creditors.

The fashion company on Monday filed a request with a bankruptcy court for 120 days of protection from creditors to reach an agreement on its debt and find a new investor, after it struggled to reboot sales and faced a cash crunch.

Cavalli, a red carpet favorite famed for its animal prints, has been 90 percent owned by private equity firm Clessidra since 2015, and the group attempted to overhaul the label including with a new manager and designer.

But it has posted a string of losses since 2014, with the exception of 2015, when it was back in profit after the sale of a property in Paris.

Clessidra hired Rothschild in September to find a new investor to provide the group “with the needed resources to overcome the difficult situation and to relaunch the business”, and it also subscribed to a 15 million euro ($17 million) capital increase in 2018, the document seen by Reuters showed.

But the private equity investor rejected a request by Cavalli’s board in March this year to pump another 47 million euros into the company, the court filing said.

According to a source close to the situation, the fund through which Clessidra owns Cavalli has reached its statutory limit of investment.

Out of 80 potential investors contacted by Rothschild, three expressed interest in buying the company as a whole, the document revealed.

Bluestar, a U.S. holding company which owns fashion brand Bebe, revised its initial offer but expressed “its willingness to evaluate an acquisition of the business within the framework of a debt restructuring agreement”.

Diesel-owner OTB, the group run by Renzo Rosso which had initially denied an interest, also offered to invest in Cavalli together with current shareholders and said it was “available to proceed with a deal as part of creditor procedure”.

German fashion designer Philipp Plein, who has his own brand, could be interested in pursuing takeover negotiations but only after an accord with creditors is reached, the document showed.

Cavalli is liquidating its U.S. unit and closed its stores there this week.

(Reporting by Claudia Cristoferi, Editing by Sarah White and Alexandra Hudson)

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Whitesnake Frontman David Coverdale Calls US Healthcare ‘Fourth World’

Whitesnake frontman David Coverdale blasted the United States' healthcare system in a new interview, calling it "fourth world."

Coverdale, 67, underwent a double knee replacement in 2017 because of arthritis. He spoke with the "Appetite for Distortion" podcast about a variety of topics, including healthcare.

"I don't wanna get into any politics, but the American medical system, for a European to see, is just bizarre. It's that of a fourth world," said Coverdale, who was born in England but now lives in the U.S. "Everybody should be entitled to first-class healthcare, and particularly for arthritis — not just putting masks on it with medications. That just keeps the pharmaceutical companies happy; it doesn't really do anything for you. I proved that over my 10 years of degenerative arthritis.

"They're Band-Aids — they're just masks that disguise it for a little bit. And my body has supported me. I'm 67 years old, and I'm still working out with new knees. It's crazy, but it was totally necessary, brother."

Blabbermouth.net reported on Coverdale's remarks.

Coverdale added he was having shots for several years in hopes of relieving the pain from his arthritis, "and that's terrible, for instance, on your kidneys."

Source: NewsMax America

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Saudi Aramco to decide in first half on financing SABIC buy: CEO

Saudi Aramco CEO Amin Nasser speaks during the Saudi-India Forum in New Delhi
Saudi Aramco CEO Amin Nasser speaks during the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis

February 20, 2019

NEW DELHI (Reuters) – Saudi Aramco said on Wednesday it expects to decide by mid-2019 how to finance the acquisition of Saudi Arabian Basic Industries Corp (SABIC).

“The decision on financing the SABIC acquisition is expected to be taken in the first half,” said Amin Nasser, chief executive of Aramco.

“We have internal resources, then of course there are banks and the bond market, which we are evaluating at the moment,” he added.

(Reporting by Nidhi Verma; Editing by Dale Hudson)

Source: OANN

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Societe General plans to cut thousands of jobs at investment bank: Bloomberg

A general view shows French bank Societe Generale headquarters buildings in La Defense near Paris
FILE PHOTO: A general view shows French bank Societe Generale headquarters buildings in La Defense near Paris, France, February 11, 2016. REUTERS/Benoit Tessier

February 22, 2019

(Reuters) – French bank Societe General SA is planning to cut thousands of jobs at its global banking and investor solutions unit, as it looks to offset cost pressure from regulation, Bloomberg reported on Friday, citing people familiar with the matter.

The bank is also looking to find a partner for its cash-equity business, the report added.

Societe Generale did not immediately respond to a Reuters request for comment.

(Reporting by Shubham Kalia in Bengaluru)

Source: OANN

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Boy Scouts ‘perversion files’ list 7,800 suspected pedophiles: attorney

Confidential files on suspected pedophiles maintained by the Boy Scouts of America contain the names of 7,800 individuals, an attorney for child sex abuse victims said Tuesday.

The organization’s so-called “perversion files” have been previously disclosed through litigation but the number of alleged abusers had not been known, attorney Jeff Anderson, who represents former scouts who say they were sexually abused, said Tuesday.

Anderson said a child abuse expert hired by the Scouts revealed the staggering number during testimony in a lawsuit in January.

“The alarming thing about this is not just the number but the fact is that the Boy Scouts of America has never actually released these names in any form that can be known to the public,” he said at a Manhattan news conference.

BOY SCOUT RANCH FOCUSES ON WILDFIRE RECOVERY AS SEASON NEARS

Anderson said the files also contain the names of more than 12,000 suspected victims, according to the Scouts' expert.

Attorney Jeff Anderson said Tuesday that the Boy Scouts of America in "perversion files" contain the names of 7,800 suspected pedophiles. 

Attorney Jeff Anderson said Tuesday that the Boy Scouts of America in "perversion files" contain the names of 7,800 suspected pedophiles.  (Jeff Anderson and Associates)

The files date from 1959 to 1985, according to reports from several years ago.

Anderson said those on the list may have been removed from scouting, but would not have faced consequences or prohibitions outside the scouts precluding them from holding jobs or volunteer roles around young people.

BOY SCOUTS OF AMERICA CONSIDERING FILING FOR BANKRUPTCY, REPORTS SAY

Anderson announced Tuesday he was releasing the names of 130 men from New York and 50 from New Jersey who were identified in the files.

In a statement to Fox News on Tuesday, the Boy Scouts of America said: “We care deeply about all victims of child abuse and sincerely apologize to anyone who was harmed during their time in Scouting.”

"Throughout our history, we have enacted strong youth protection policies to prevent future abuse, including mandatory youth protection trainings and a formal leader-selection process that includes criminal background checks," the statement said. "Since the 1920s, we have maintained a Volunteer Screening Database to prevent individuals accused of abuse or inappropriate conduct from joining or re-entering our programs, a practice recommended in 2007 by the Centers for Disease Control for all youth-serving organizations."

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The statement concluded by saying “at no time have we ever knowingly allowed a perpetrator to work with youth, and we mandate that all leaders, volunteers and staff members nationwide immediately report any abuse allegation to law enforcement.”

Source: Fox News National

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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)

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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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