Upcoming shows
Real News

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

James Comey tweets he has ‘so many answers’ after release of Mueller report

Former FBI Director James Comey had "so many answers" on Thursday following the release of Special Counsel Robert Mueller's report, after he initially tweeted that he had "so many questions."

Comey claimed to have answers after the Justice Department publicly released a redacted version of Mueller's report regarding his investigation into the Trump campaign and possible collusion with Russia. It marked the dramatic end of a lengthy and contentious investigation but also rang in a new round of partisan fighting.

Alongside having "so many answers," Comey tweeted a photo of branches scattered across the ground.

He tweeted what appeared to be the first half of this thought on March 24, when Attorney General William Barr released a four-page letter detailing what he called the "principal conclusions" of the investigation.

CLICK HERE TO GET THE FOX NEWS APP

That tweet included Comey standing in a forest, looking up while surrounded by tall trees.

Mueller's 448-page report found the campaign did not collude with Russia, but there was no clear verdict on whether Trump obstructed justice.

Trump tweeted throughout the day on Thursday about the report, continually arguing that there was "no collusion" and "no obstruction" of justice. By late afternoon, he was headed to his Mar-a-Lago club in Florida with first lady Melania.

The Associated Press contributed to this report.

Source: Fox News Politics

0 0

Wisconsin governor pulls troops from U.S.-Mexico border

Democratic gubernatorial candidate Tony Evers speaks at an election eve rally in Madison, Wisconsin
FILE PHOTO: Democratic gubernatorial candidate Tony Evers speaks at an election eve rally in Madison, Wisconsin, U.S. November 5, 2018. REUTERS/Nick Oxford

February 26, 2019

(Reuters) – Wisconsin Governor Tony Evers on Monday signed an order withdrawing the state’s National Guard troops from the U.S.-Mexico border, saying there was not enough evidence of a national security crisis to justify keeping them there.

The Democratic governor’s decision to pull back around 112 troops follows similar moves by Democratic leaders of New Mexico and California who said President Donald Trump, a Republican, had invented a crisis on the border for political gain.

“There is simply not ample evidence to support the president’s contention that there exists a national security crisis at our southwestern border,” Evers said in a statement, adding that securing the border was the responsibility of U.S. Customs and Border Patrol.

The move was a rebuke to Trump, who won election in 2016 partly on a populist pledge to build a wall on the southern U.S. border.

Trump’s demand for $5.7 billion to help build the wall was central to a 35-day partial U.S. government shutdown that ended last month. After Congress refused to grant him the funds, Trump declared a national emergency to gain money for the wall.

A coalition of 16 states led by California sued Trump this month over his use of emergency powers.

California Governor Gavin Newsom said Trump’s claims of an illegal immigration crisis was “political theater” at a time when border crossings were at their lowest level since 1971.

Trump deployed an additional 3,750 U.S. troops to the border this month, taking the total number of active duty and National Guard forces supporting Customs and Border Protection agents to more than 6,500.

(Reporting by Andrew Hay in New Mexico; editing by Bill Tarrant and G Crosse)

Source: OANN

0 0

Democrats request documents on White House ‘sanctuary city’ idea

U.S. Representative Nadler participates in a news conference with fellow Democrats to introduce proposed government reform legislation at the U.S. Capitol in Washington
FILE PHOTO: U.S. Representative Jerry Nadler (D-NY), incoming House Judiciary Committee Chairman, participates in a news conference with fellow Democrats to introduce proposed government reform legislation, which they've titled the For the People Act, at the U.S. Capitol in Washington, U.S. January 4, 2019. REUTERS/Jonathan Ernst

April 15, 2019

WASHINGTON (Reuters) – Top Democrats in the U.S. House of Representatives on Monday demanded documents from the Trump administration over a White House proposal to release migrants from detention and transport them to “sanctuary cities.”

U.S. media reported on Thursday the administration had considered the idea, which would send migrants and asylum seekers who had crossed the U.S. border with Mexico to districts represented by Democratic lawmakers.

The following day, Trump confirmed the proposal, saying in a tweet that he was strongly considering it.

Sanctuary cities are local jurisdictions that generally refuse to use their resources to help enforce federal immigration laws against undocumented immigrants that could lead to deportations.

The localities say they do not have any responsibility to involve themselves in federal enforcement and doing so could impede policing efforts within communities.

Since many of these jurisdictions are represented by Democrats, critics saw the plan as a way to taunt Democrats by dangling the possibility of an influx of illegal immigrants into their communities.

In a letter addressed to the White House chief of staff and acting homeland security secretary, the heads of the House Judiciary, Oversight and Homeland Security panels – Representatives Jerry Nadler, Elijah Cummings and Bennie Thompson – called the idea “a bizarre and unlawful attempt to score political points.”

“Not only does the Administration lack the legal authority to transfer detainees in this manner, it is shocking that the President and senior Administration officials are even considering manipulating release decisions for purely political reasons,” the three lawmakers wrote.

They set a deadline for the White House, the Department of Homeland Security, and the Immigration and Customs Enforcement agency to send communications, documents and memoranda on the subject to the lawmakers by May 3.

On Sunday, White House spokeswoman Sarah Sanders told ABC News the administration had initially concluded the proposal was too logistically challenging, but the White House was contemplating its options because the president liked the idea.

The House has been controlled by a Democratic majority since January, but the Senate remains in the hands of Trump’s Republican Party.

Several immigration proposals, including some backed by the White House, failed to receive the necessary number of votes to pass Congress when Republicans controlled both chambers of Congress.

U.S. officers arrested or denied entry to more than 103,000 people along the border with Mexico in March, an increase of more than a third over February and more than twice as many as in the same period last year.

(Reporting by Makini Brice; Additional reporting by Doina Chiacu; Editing by Paul Simao)

Source: OANN

0 0

Rep. Tom Reed: Bill Curbing National Emergencies Needed

Rep. Tom Reed, R-N.Y., said he supports an effort from Republican senators to save President Donald Trump from an embarrassing defeat over his emergency declaration for the border because Congress needs to start taking back its legislative powers.

"Congress has given that authority away to the president," Reed told CNN on Wednesday, after saying he backs the move proposed by Sen. Mike Lee, R-Utah. "The president, even under the proposed reform that the senator and I are looking to do, still has the ability to act in an emergency, but it forces Congress to have to make a determination in each and every one of those declarations going forward."

The measure supports Trump in declaring the national emergency if he agrees to support a bill allowing future emergency declarations to be checked by Congress.

"If we don't want our president acting like a king, we need to start taking back the legislative powers that allow him to do so," Lee tweeted Tuesday.

However, Reed recently voted against legislation in the House to block the president from declaring the emergency, and he told CNN that was because he agrees there is an emergency.

"In future declarations, I am going to agree or disagree with that declaration by the president," Reed said. "It gets caught up in politics because they pick and choose in Congress when they weigh in on the National Emergency Act."

He said he agrees with Lee about the president "acting like a king" with such orders, as he believes any president "that is unchecked is using authority that is way beyond" his boundaries.

Source: NewsMax Politics

0 0

Golf: Rose welcomes regular caddie back for latest Masters bid

Justin Rose of England hands a club to his caddie during practice for the 2019 Masters golf tournament at the Augusta National Golf Club in Augusta, Georgia, U.S.
Justin Rose of England hands a club to his caddie during practice for the 2019 Masters golf tournament at the Augusta National Golf Club in Augusta, Georgia, U.S., April 8, 2019. REUTERS/Jonathan Ernst

April 8, 2019

By Amy Tennery

AUGUSTA, Georgia (Reuters) – When Justin Rose launches his 14th bid for Masters glory this week he will be armed with expert knowledge of Augusta National’s notoriously tricky greens and something perhaps even more valuable — a good friend.

After three months apart, the newly re-minted world number one told reporters on Monday that he was pleased to be reunited with long-time caddie Mark ‘Fooch’ Fulcher, who had to take time off following heart surgery in January.

“I feel like we’ve learned together so much here, I wouldn’t expect a nugget of information I don’t know to come out during practice,” Rose said after a practice round.

He added that Fulcher’s presence would be especially valuable in the later rounds of the tournament, when emotions run high.

“It’s when the going gets tough,” Rose said. “We have so many positive experiences out there under pressure that we can draw on together.”

The 2013 U.S. Open champion has clinched a top-10 finish on five separate occasions at The Masters.

But perhaps no single outing at Augusta National was more formative to Rose than his devastating playoff loss to Spaniard Sergio Garcia in 2017.

“I felt like that was the first major I’ve been close to and not won, really, like a heartbreaker,” Rose said. “I think I took comfort in the fact that you can’t get through a career without something like that happening.”

It was far from the only setback. Injuries to his shoulder and back nagged at Rose in 2014 and 2016, respectively, and he pulled out of an August 2018 World Golf Championships event citing joint tightness.

The 38-year-old Olympic gold medalist has had time to bounce back, notably netting his 10th PGA tour victory in January with a two-shot win over Adam Scott at Torrey Pines.

Rose, who took a month off in February after missing the cut at the Saudi International, is now looking to add to his trophy case with a second major win.

“I would take four, as long as it’s one of each,” Rose said. “That would be awesome. That would be enough.”

(Reporting by Amy Tennery; editing by Ken Ferris)

Source: OANN

0 0

Danske Bank nominates Oslo Bors CEO as board candidate

FILE PHOTO: Danske Bank sign is seen at the bank's Estonian branch in Tallinn
FILE PHOTO: Danske Bank sign is seen at the bank's Estonian branch in Tallinn, Estonia August 3, 2018. REUTERS/Ints Kalnins

March 12, 2019

COPENHAGEN (Reuters) – The board of scandal-hit Danske Bank’s has nominated Bente Avnung Landsnes, the CEO of Oslo Bors ASA, as candidate for the board to be elected at the annual general meeting on March 18.

“I have broad experience of both banks and the capital markets over several years, also in working together with the FSA,” she told Reuters in a telephone interview, referring to Denmark’s financial watchdog.

Danske is under investigation in the United States, Denmark, Estonia, France and Britain over some 200 billion euros ($226 billion) in payments from Russia, ex-Soviet states and elsewhere that were found to have flowed through its Estonian unit.

(Reporting by Teis Jensen, editing by Louise Heavens)

Source: OANN

0 0

UK watchdog warns of market disruption after a hard Brexit

FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London
FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls/File Photo

February 27, 2019

LONDON (Reuters) – Preparations made so far are no guarantee markets won’t be disrupted if there is a no-deal Brexit, Britain’s Financial Conduct Authority said on Wednesday.

FCA Chief Executive Andrew Bailey told a House of Lords committee that he could give no assurance there would not be market disruption if Britain crashes out of the European Union next month with no transition deal.

Britain is due to leave the EU on March 29 but has no agreement with Brussels that would include a business-as-usual transition agreement.

Britain and the EU have taken steps to avert dislocation in markets, but Bailey said work remained to be done to mitigate risks from uncleared cross-border derivatives and exchange of data.

But unlike Britain, Brussels has decided there is no need for EU-wide action on uncleared derivatives, leaving it to individual states to take measures, which some have.

“Those measures are not the same. Some are more robust than others … It’s helpful in term of reducing the cliff edge,” Bailey told a House of Lords committee on EU affairs.

Brussels was unwilling to go as far as Britain in taking steps to avoid disruption to markets from any hard Brexit partly because it wanted to see a transfer of financial services activity from Britain to the continent, he added.

A hard Brexit also risk disrupts the flow of data between financial firms in Britain and the EU, he said.

The FCA has told financial-services firms in the past 24 hours they need to put in place contingency measures, such as clauses in contracts, as a workaround to avoid disruption in data flows, Bailey said.

(Reporting by Huw Jones; editing by Larry King)

Source: OANN

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



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

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

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

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

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

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

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