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Honda will stop car production in Turkey after 2021: statement

Car manufacturers display their wares on the show floor of the North American International Auto Show in Detroit
The Honda booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst

April 8, 2019

ISTANBUL (Reuters) – Honda has decided to end car production in Turkey following completion of the production of its current Civic Sedan model in 2021, the company said in a statement on Monday.

It said it made the decision due to electrification developments in the industry globally and the need to ensure adequate production capacity.

Operations in the automobile area that include vehicle imports and distribution would continue, Honda said, adding that its motorcycle operations will not be impacted by this decision.

(Reporting by Can Sezer; Writing by Ali Kucukgocmen; Editing by Dominic Evans)

Source: OANN

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Iran's woes briefly go up in smoke during fire festival

Iranians are celebrating the Festival of Fire, a nearly 4,000-year-old Persian tradition that this year offers a brief escape from the country's economic woes.

The celebration is held on the last Tuesday night before Nowruz, or the Iranian New Year, which will be celebrated this Thursday. The annual ritual dates back to at least 1700 B.C. and is linked to the Zoroastrian religion.

To celebrate, people light bonfires, set off fireworks and send lanterns floating into the night sky. Others jump over and around fires, chanting "My yellow is yours, your red is mine," invoking the replacement of ills with warmth and energy.

The fire festival is one of two holidays with ancient roots that are still observed each year, the other being a picnic day in early April.

Source: Fox News World

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China’s Solar Energy Production Rocking Silver Prices

Rising demand for solar panels pushes silver prices higher according to a recently released university study.

Researchers at the University of Kent found a “causal relationship” between solar panel demand and the price of the white metal.

With the highest electrical and thermal conductivity of all metals, silver’s physical characteristics make it an important component in the production of solar panels.  The average solar panel uses about 20 grams of silver, and the price of the metal makes up about 6.1% of the total cost of each unit.

Researchers tracked the price of silver and installed solar panel capacity between 1990 and 2016 and used the data to map correlations in demand and cost. According to the study, “The data clearly showed a rise in silver price at the same time as increased demand for solar panels, such as after the 2008 global recession indicating the causal relationship between these two variables. Similarly, prices rose after 2011 when there was worldwide concern oil prices were becoming too high leading to a move towards renewable energy sources.”

“The research shows that silver price rises are directly linked to the increased demand for solar panels,” lead study author Iraklis Apergis said.

According to the Silver Institute, continued investment in solar photovoltaic energy, should further boost global industrial demand for silver over the next decade and beyond. The institute projects roughly 820 million ounces of silver will be utilized by global solar energy applications alone through 2030.


Steven Mosher joins Alex Jones to expose the tactics of communist China to infiltrate our technology infrastructure and deceive the masses in the west to welcome communist victory over capitalism.

China, in particular, continues to rapidly increase solar energy production. In its 13th Five-Year Plan, Beijing aims to triple its solar capacity by 2020. To date, 2017 ranked as the strongest on record for solar-related silver demand.

Overall, “green technologies” are projected to consume over 1.5 billion ounces of silver over the next twelve years.

Silver is also used in the manufacture of electric car batteries. Battery electric vehicles and plug-in hybrid sales could account for as much as 17% of global car sales with traditional hybrids making up another 20% of the market by 2030. This will also boost the demand for silver, according to the Silver Institute.

(Photo by Moerschy / Pixabay / CC0 Creative Commons)

Overall, silver demand was up 4% and hit a three-year high in 2018, according to the 2019 World Silver Survey recently released by the Silver Institute. Meanwhile, silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces. The downward trend in production seems to have continued into the first quarter of this year with the world’s largest primary silver producer reporting a plunge in production through the first three months of 2019.

The silver-gold ratio remains historically high. At the time of this report, it was hovering around 85-1. As we’ve been reporting for the last year, this is essentially silver on sale.

Given the supply and demand dynamics, along with the prospects of a weakening dollar in the midst of the “Powell Pause,” it seems likely that gap will close.

Silver has hit an all-time high of $49 per ounce twice – in January 1980 and then again in April 2011. If you adjust that $49 high for inflation, you’re looking at a price of around $150 per ounce. In other words, silver has a long way to run up. As one analyst put it, “With the long-term downside potential of silver very low versus its current valuation, the risk/reward is one of the best investments on the planet.”


Alex Jones describes how our ancestors’ tribal call to war is sounding out yet again, this time for the information war, and we must fight all tyrannical, oppressive ideas to truly defeat globalism worldwide.

Source: InfoWars

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Myanmar court sentences Frenchman to jail for flying drone

A court in Myanmar on Wednesday sentenced a French tourist to one month in prison with hard labor, but he is expected to be released in about a week because of time he served while awaiting trial.

Arthur Desclaux was arrested on Feb. 7 for flying a drone close to the capital's parliament complex, and for bringing the device into the country. He was convicted under the Illegal Export-Import Act, which has a maximum penalty of three years' imprisonment.

French consular official Frederic Inza, who attended the trial, said Desclaux, 27, admitted his guilt but said he was unaware of the restriction.

"We're satisfied that his good faith and the fact that he imported this drone without having the intention of breaking the law was taken into account by the court," Inza said. "That's important."

Inza said he expects Desclaux to be released March 8.

"That said, one month in prison is nevertheless a lot for a simple tourist," he said.

In 2017, a film crew working for Turkish state television was jailed for two months for trying to fly a drone over the parliament in Naypyitaw. A Singaporean and a Malaysian working for broadcaster TRT, along with two Myanmar assistants, were convicted under a 1934 law covering aircraft. Threatened prosecution under the export-import law was dropped.

Source: Fox News World

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Airbus net orders in the red by end of first quarter

FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse
FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File Photo

April 4, 2019

PARIS (Reuters) – Airbus suffered more cancellations than orders by end-March, leaving the European company with a bleak first quarter after its five-year winning streak in the race for jetliner orders against U.S rival Boeing ended last year.

Airbus said on Thursday it had won 62 gross orders during the first three months of 2019 but some 120 cancellations left it with a negative net order figure of 58. Deliveries stood at 162 including 134 single aisle planes and 22 A350s.

Earlier this month, Colombian airline Avianca canceled an order of 17 Airbus A320 Neo aircraft and delayed deliveries on 35 others, according to a securities filing.

(Reporting by Matthias Blamont; Editing by Sarah White)

Source: OANN

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Japan Times president apologizes for ‘turmoil,’ warns of legal action against leakers

FILE PHOTO: Descendants of Koreans who were conscripted to the Japanese imperial army or recruited for forced labor under Japan's colonisation surround a statue of a girl as they attend an anti-Japan rally in front of the Japanese embassy in Seoul
FILE PHOTO: Descendants of Koreans who were conscripted to the Japanese imperial army or recruited for forced labor under Japan's colonisation surround a statue of a girl as they attend an anti-Japan rally in front of the Japanese embassy in Seoul, South Korea, June 22, 2015. REUTERS/Kim Hong-Ji/File Photo

March 20, 2019

TOKYO (Reuters) – The Japan Times, an English-language newspaper that amended its description of “comfort women” and wartime forced laborers last year, apologized to its staff last month, but threatened legal action against anyone found leaking confidential information.

In a five-sentence note published last November, the paper said it would refer to Korean laborers simply as “wartime laborers” and would describe comfort women as “women who worked in wartime brothels, including those who did so against their will.”

The move polarized readers. Some saw it as an effort to whitewash Japan’s wartime history, while others celebrated the move as a way to correct foreign misinterpretations.

In an email sent to the paper’s staff on Feb 28, Japan Times president Takeharu Tsutsumi apologized for causing “turmoil.” A Japan Times source shared the email with Reuters; it was verified by several other employees at the paper.

The president explained that the purpose of the style change was to “enable us to report controversial issues in a fair and neutral manner,” and denied that the paper had shifted its political views.

“Some European and American media have accused us with the narrative that ‘The Japan Times’ editorial direction moved to the right following the change in ownership.’ Based on groundless speculation, this is inaccurate,” he wrote, adding that on the other hand “Japan’s right wingers seem to have welcomed this change, but by no means did we intend to reflect any right-wing views.”

Reuters called and emailed Tsutsumi for comment about the internal email. In response, a public relations representative for the Japan Times wrote in an email that it would not respond to queries about internal documents.

In January, Reuters published a story based on interviews with nearly a dozen sources at the Japan Times, as well as hundreds of pages of internal emails and presentation materials, that showed the revision was partly made to ease criticism that the publication was “anti-Japanese” and increase advertising revenue from Japanese corporations and institutions.

The issue of comfort women and Koreans forced to work in wartime factories and coal mines remains incendiary more than seven decades after the war.

Despite the backlash, Tsutsumi told staff there was no significant impact on the number of subscribers. In his email to staff last month, Tsutsumi also called the Reuters story “regrettable” and said it “coupled speculations with information taken out of context to promote a certain narrative.”

“According to the Reuters article, the company’s confidential materials and remarks made at the All Company Meeting appear to have been leaked,” he wrote, saying it was regrettable if any information had been divulged by employees.

“The act of leaking confidential information and the act of damaging the company’s reputation constitutes a violation of compliance,” he wrote. “If we learn the identity of the parties who leaked confidential information, we would have no other choice but to penalize them.”

Some of the paper’s staff have criticized the recent changes.

In an open letter published online last month ahead of the president’s email, Tozen, a labor union representing mostly foreign workers in several industries across Japan, and its Japan Times chapter demanded a full retraction of the style changes.

The paper’s local union, which has 15 members, has been in collective bargaining meetings with management over the issue. Members of the Japan Times chapter declined to comment on the contents of the recent all company e-mail.

“Both changes were pushed through with total disregard for the input of knowledgeable writers and editors, with zero advance notice, and the changes also show a disturbing disregard for the mainstream historical record,” the paper’s union members wrote in the letter.

(Reporting by Mari Saito; Editing by Gerry Doyle)

Source: OANN

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Chaffetz on release of Mueller report: ‘Democrats are scrambling… I think it’s part of their demise’

Former Chairman of the House Oversight Committee Jason Chaffetz said Thursday’s release of Special Counsel Robert Mueller's much-anticipated Russia report exonerates President Trump.

In the moments ahead of Attorney General William Barr’s press conference on Thursday Chaffetz, a Fox News contributor, said he expected Barr's remarks to be a “reflection of the summary he has already given.”

Speaking on “Fox & Friends” Thursday Chaffetz added, “I think it is very telling when the attorney general put out a statement and said, not only did the president rebuff the push by Russia to try to collude, but did so multiple times. That was one of the most telling things.

"I think the Democrats are scrambling. I don't think they know what to do. I think it is part of their demise and I think it’s a big part of why I think Donald Trump will be reelected in 2020.”

MUELLER PROBE HAS COST TAXPAYERS MORE THAN $25 MILLION, SPENDING REPORT REVEALS

Last month, Mueller submitted his almost 400-page report to the Justice Department for review by the attorney general and Deputy Attorney General Rod Rosenstein. In a letter to Congress, Attorney General Bill Barr relayed some of the primary findings of the report, stating the special counsel found no evidence of collusion between members of the Trump campaign and the Russians during the 2016 presidential election. Democrats blasted Barr for what they called his "unacceptable" handling of the initial summary of that document.

Barr said he identified four areas of the report that he believed should be redacted, including grand jury material and information the intelligence community believes would reveal intelligence sources and methods.

“Probably the most explosive and consequential thing that’s going on right now won't be revealed today and that is the report by the Inspector General Michael Horowitz,” Chaffetz said Thursday.

TRUMP ALLIES AWAIT RESULTS OF TWO INTERNAL PROBES THAT COULD EXPOSE RUSSIA INVESTIGATION BACKSTORY

CLICK HERE TO GET THE FOX NEWS APP

“Horowitz as the inspector general was appointed by Barack Obama. He was confirmed by the Senate unanimously and for the last year he’s been looking at what did the senior echelon at the FBI do when they have this highly documented bias and toward Donald Trump, did they take inappropriate action to spy on the president and his campaign team? We already know the answer to that is yes. To what degree and are there prosecutions, that will come out in the next month or two.”

The U.S. Department of Justice Inspector General Michael Horowitz confirmed at a panel discussion last month that his office is continuing to review potential surveillance abuses by the FBI, a review that began last year.

Source: Fox News Politics

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

Source: InfoWars

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