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Tycoon Tapie goes on trial in long-running French business saga

FILE PHOTO: French businessman Bernard Tapie arrives to attend the inauguration of the Altice Campus in Paris
FILE PHOTO: French businessman Bernard Tapie arrives to attend the inauguration of the Altice Campus in Paris, France, October 9, 2018. REUTERS/Philippe Wojazer/File Photo

March 11, 2019

By Emmanuel Jarry

PARIS (Reuters) – The tycoon at the center of a decades-old French legal battle that has dragged politicians and business leaders in its wake goes on trial on Monday accused of fraud.

Bernard Tapie, the larger-than-life businessman and one-time chairman of Olympique Marseille football club, is embroiled in a fight over a fraught 1993 corporate deal and the compensation he won from the state 15 years later.

The case has already been through the civil courts and prompted a 2016 trial of Christine Lagarde, now head of the International Monetary Fund but at the time finance minister, for her role in the saga. She was convicted of negligence but escaped fines or jail time.

Six people will now be tried in a criminal court, including Tapie, 76, and Stephane Richard, the chief executive of telecoms group Orange <ORAN.PA>, who is accused of being complicit in the disputed state payment.

Richard was Lagarde’s chief of staff in 2008.

The complex case harks back to when Credit Lyonnais bank bought Tapie’s stake in the then-struggling sportswear company Adidas 26 years ago.

The bank, which was government owned at the time, later sold its stake on for a much higher price, leading the businessman to accuse it of defrauding him.

Tapie was awarded a 403 million euro ($453 million) state-funded payout as part of a 2008 settlement approved by Lagarde. But litigation continued and he was ordered by a French court to return the funds in 2015, with the ruling confirmed by other judges in 2017.

The businessman, who is suffering from cancer, is also being tried for misusing public funds. He told France’s JDD newspaper that he was stopping any form of treatment for his illness so he could stay lucid during the trial.

“This trial is one of the most important moments of my life,” Tapie said. “What matters to me is that we establish, resoundingly, that I was not the crook.”

Richard, who is accused of hiding some aspects of the compensation deal from Lagarde, denies any wrongdoing.

“He is looking forward to being able to explain himself in public and demonstrate that the allegations against him are baseless,” his lawyer Jean-Etienne Giamarchi said.

The French government, which has a 23 percent stake in Orange, has said Richard will have to step down if he is convicted.

The trial is due to last until April 5. The accused face potential maximum prison sentences of five to seven years, and fines of up to 375,000 euros.

(Writing by Sarah White; Editing by Kirsten Donovan)

Source: OANN

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Chelsea Manning moved out of solitary confinement after 4 weeks, reps say; was jailed for refusing to testify

Chelsea Manning has been transferred to general jail population after a judge found her in contempt of court last month for refusing to go before a grand jury probing WikiLeaks, her representatives said Thursday.

The update on Manning came via her Twitter account, which appears to have been actively managed during her time behind bars.

CHELSEA MANNING IN CUSTODY AFTER REFUSING TO TESTIFY BEFORE FEDERAL GRAND JURY IN WIKILEAKS PROBE

“After 28 days in so-called ‘administrative segregation’ (solitary confinement), Chelsea has finally been moved into general population at Truesdale Detention Center,” her account tweeted.

Her team went on to extend Manning’s appreciation for those who supported her and urged her followers to donate money so her legal team can keep working on her case.

CHELSEA MANNING SEEKS IMMEDIATE RELEASE FROM VIRGINIA JAIL

“Chelsea is extremely grateful for everyone's support. While this is a big win, there's still a road ahead to get her out of jail,” they tweeted. “Please donate to Chelsea's legal fund so her lawyers can continue to work on her appeal and bring her home.”

Manning, a former U.S. Army analyst, was taken into custody in March after she said in a hearing that she did not intend to testify before a federal grand jury. The judge ordered Manning to remain in jail until she testifies or until the grand jury concludes its work.

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Earlier this week, Manning’s legal team filed a motion with a federal appeals court in Virginia, fighting for her to be released on bail while the judge’s jail order is appealed.

Manning previously served seven years in prison for leaking military and diplomatic documents to WikiLeaks before then-President Obama commuted her sentence.

Fox News’ Ryan Gaydos and The Associated Press contributed to this report.

Source: Fox News National

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‘It’s not about the Benjamins,’ Netanyahu says of U.S. support for Israel

FILE PHOTO: U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu shake hands as Netanyahu departs the White House in Washington
FILE PHOTO: U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu shake hands as Netanyahu departs the White House in Washington, March 25, 2019. REUTERS/Leah Millis/File Photo

March 26, 2019

TEL AVIV (Reuters) – Israeli Prime Minister Benjamin Netanyahu said “it’s not about the Benjamins” as he hit back on Tuesday against any suggestion that U.S. politicians are paid to support Israel.

A tweet in February by Democratic Representative Ilhan Omar, a freshman legislator from Minnesota, was widely seen as echoing an anti-Semitic slur that Jews influence governments through money.

“It’s all about the Benjamins baby,” Omar wrote, using a slang term for $100 bills. She subsequently apologized, saying she was grateful for “Jewish allies and colleagues who are educating me on the painful history” of anti-Semitic epithets.

Netanyahu, addressing a Washington convention of the pro-Israel lobby group AIPAC, said via satellite from Tel Aviv: “Some people will just never get it. They’ll never understand why the vast majority of Americans – Jews and non-Jews alike – support Israel.”

He did not mention Omar by name.

“Take it from this Benjamin: it’s not about the Benjamins,” Netanyahu said. “The reason the people of America support Israel is not because they want our money, it’s because they share our values.”

Netanyahu had been due to address AIPAC in person, but he returned to Israel on Tuesday, two days ahead of schedule, after a rocket attack from Gaza wounded seven people in a village north of Tel Aviv.

(Writing by Jeffrey Heller; Editing by Mark Heinrich)

Source: OANN

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UK’s M&S seals Ocado tie-up to take food online

FILE PHOTO: A Marks and Spencer logo is seen on a store in London
FILE PHOTO: A Marks and Spencer logo is seen on a store in London, Britain, May 23, 2018. REUTERS/Toby Melville/File Photo

February 27, 2019

LONDON (Reuters) – British retailer Marks & Spencer (M&S) has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service for the first time, the companies said on Wednesday.

Under the deal M&S, Britain’s best-known stores group, will buy a 50 percent share of Ocado’s UK retail business for up to 750 million pounds ($994 million).

M&S said it will finance the deal from a rights issue of shares to raise up to 600 million pounds. It will also cut its dividend by 40 percent to “a sustainable level”.

(Reporting by James Davey; Editing by William Schomberg)

Source: OANN

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Daytona 500 sees massive crash started by Paul Menard

“The Big One” happened Sunday at “The Great American Race” — and it was gigantic. A crash involving 18 cars during the 61st running of the Daytona 500.

Paul Menard triggered the multi-car wreck shortly after a restart with 10 laps to go.

Menard turned Matt DiBenedetto, who slammed into the wall and started a chain-reaction that collected nearly 20 cars. It brought out a red flag that stopped the race during the cleanup.

Menard took responsibility for “The Big One” — NASCAR slang describing any crash usually involving five or more cars: “I’ll take the blame for that one.”

Defending Daytona 500 champion Austin Dillon, Chase Elliott, Ryan Blaney, Aric Almirola and Daniel Suarez were among those involved in the mess.

Almirola seemingly had the wildest ride, his back wheels getting lifted off the pavement and landing on David Ragan’s windshield.

The Associated Press contributed to this report.

Frank Miles is a reporter and editor covering geopolitics, military, crime, technology and sports for FoxNews.com. His email is Frank.Miles@foxnews.com.

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Former CIA station chief on Sri Lanka deadly attacks: ‘This is by all accounts an intelligence failure’

Former CIA station chief Daniel Hoffman called the deadly Easter Sunday explosions at multiple churches and hotels in Sri Lanka “an intelligence failure.”

“This is by all accounts an intelligence failure. Security services are responsible for penetrating local extremist groups, understanding their nexus to other overseas transnational groups and then collecting intelligence so they can pre-empt attacks and that didn't happen in this case and as a result we have almost 300 dead and 500 wounded,” said Hoffman, a Fox News contributor, on “America’s Newsroom” on Monday.

A pair holding dual U.S. and British nationalities was among the 11 foreigners killed after a series of explosions struck three churches and three luxury hotels in and just outside Sri Lanka’s capital Easter Sunday, leaving at least 290 people dead and more than 500 others injured, officials said.

EASTER SUNDAY EXPLOSIONS AT MULTIPLE CHURCHES AND HOTELS ROCK SRI LANKA, DEATH TOLL RISES PAST 200

The U.S. State Department confirmed in a statement that “several U.S. citizens were among those killed” in the explosions, although no more information was immediately available.

“One of the things I think we'll be looking at is the number of Sri Lankans who traveled to the so-called Islamic caliphate, some of whom apparently have returned. Were they part of this group? Did they make contacts with Al Qaeda or with the Islamic state? Those are open questions,” said Hoffman.

He added, “I just don't believe this was a locally-conducted attack. There’s too many people. Already 24 arrested. It’s a massive undertaking with a support network I think that would demand international collaboration but we don't have a lot of facts.”

The six nearly simultaneous blasts—followed hours later by two more explosions—marked the bloodshed as among the worst since the South Asian country’s 26-year civil war ended a decade ago, a spokesperson for the Sri Lanka police said.

POPE CELEBRATES EASTER SUNDAY AMID BLOODSHED IN SRI LANKA

Health Minister Rajitha Senaratne said all of the suicide bombers were Sri Lankan citizens from a domestic Muslim militant group named National Thowfeek Jamaath, but that authorities suspect foreign links.

Police said more than a dozen suspects have been arrested, though there was no immediate claim of responsibility.

“This terrorist attack really bears all the hallmarks of an Al Qaeda attack, where you had three churches and three hotels frequented by foreigners all attacked over a short amount of time and over distance, that's a traditional way that Al Qaeda likes to mount attacks. Multiple spectacular attacks to drive first responders to multiple areas and achieve maximum effect in the press afterwards,” said Hoffman. “What’s surprising about this attack is that no one thus far has claimed responsibility.”

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He added, “The security services in Sri Lanka are in the unenviable position right now of simultaneously conducting forensics to determine what happened and then try to determine whether there are other threats out there that they need to preempt. Just today a ninth improvised explosive device was found near the airport, so there’s a lot of concern.”

The Associated Press contributed to this report.

Source: Fox News World

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Poole, Michigan dispatch Florida with strong second half

NCAA Basketball: NCAA Tournament-Second Round-Michigan vs Florida
Mar 23, 2019; Des Moines, IA, United States; Michigan Wolverines guard Jordan Poole (2) shoots the ball against Florida Gators center Kevarrius Hayes (13) during the second half in the second round of the 2019 NCAA Tournament at Wells Fargo Arena. Mandatory Credit: Jeffrey Becker-USA TODAY Sports

March 24, 2019

Jordan Poole scored a game-high 19 points Saturday, and second-seeded Michigan pulled away with an 11-0 run to start the second half as it bagged a 64-49 win over 10th-seeded Florida in the second round of the NCAA Tournament in Des Moines, Iowa.

Isaiah Livers came off the bench to add 10 for the Wolverines (30-6), who will face No. 3 Texas Tech or No. 6 Buffalo in the West Region semifinals on Thursday in Anaheim, Calif. Michigan, which owned the boards 42-29, overcame 42.1 percent shooting from the field.

Jalen Hudson was the only double-figure scorer for the Gators (20-16) with 11 points, but he made just 4 of 15 shots from the floor and was 3 of 10 from the 3-point line. Florida fired away to no avail, hitting only 19 of 55 field-goal tries (34.5 percent) and 9 of 26 from 3-point range.

Point guard Zavier Simpson barely missed a triple-double for the Wolverines, finishing with nine points, nine rebounds and nine assists. His pass to Ignas Brazdeikis teed up a 3-pointer 11 seconds into the second half that kicked off the game-deciding spurt.

Jon Teske checked in with a layup, and then Poole put his stamp on the run. He converted a 3-point play and then drilled one of his four 3-pointers to make it 43-28 with 17:50 left in the game.

The Gators were able to score the next nine points, pulling within 43-37 on Keyontae Johnson’s dunk at the 14:21 mark. But Michigan’s defense clamped down at that point, allowing only 12 points for the game’s remainder.

Poole’s 3-point shot with 2:01 remaining applied the knockout punch, giving the Wolverines a 60-44 advantage.

Florida led briefly on two occasions in the first few minutes before Michigan ripped off 11 straight points. Poole had a big hand in that run, converting a rare 4-point play and then draining a 3-pointer to make it 15-6 just under six minutes into the game.

The Gators fought back to grab their last lead at 23-21 on a layup by Kevarrius Hayes with 6:49 left in the half. But the Wolverines regained the advantage less than two minutes later and went to the break up 32-28.

–Field Level Media

Source: OANN

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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The Dalai Lama has returned to his headquarters in the north Indian hill town of Dharmsala after a brief stay in a hospital in the capital for treatment of a chest infection.

Hundreds of exiled Tibetans lined the streets of Dharmsala carrying ceremonial scarves and incense sticks to welcome the Dalai Lama on Friday.

The 83-year-old Tibetan spiritual leader told reporters that he had fully recovered, but that the illness had been “a little bit serious.” He did not give any details.

The Dalai Lama usually spends several months a year traveling the world to teach Buddhism and highlight Tibetans’ struggle for greater freedom in China. But he has cut down on his travels in the past year to take care of his health.

Source: Fox News World

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