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Astros, Verlander finalize $66 million extension

MLB: Spring Training-Houston Astros at New York Mets
Mar 2, 2019; Port St. Lucie, FL, USA; Houston Astros starting pitcher Justin Verlander (35) throws against the New York Mets at First Data Field. Mandatory Credit: Steve Mitchell-USA TODAY Sports

March 24, 2019

The Houston Astros have finalized a two-year extension with ace pitcher Justin Verlander, the team announced on Sunday.

“Justin Verlander is one of the elite pitchers in baseball,” said general manager Jeff Luhnow in announcing the deal. “His late-season arrival in 2017 helped the Astros deliver its first ever championship to the city of Houston. Our fans share in my excitement that Justin will be in an Astros uniform for at least three more years.”

The extension adds two years and $66 million to Verlander’s current deal, which had one year remaining. It makes Verlander the highest-paid pitcher in terms of annual average value ($33 million).

Only outfielder Mike Trout, who will average nearly $36 million annually on his recently signed 12-year, $430 million deal, has a deal with a higher per-annum payout.

Verlander, 36, went 16-9 with a 2.52 ERA and an American League-leading 290 strikeouts in 34 starts last season, his first full season in Houston since coming over from Detroit in a trade in 2017.

Last season, the 2011 AL Cy Young winner finished second for the third time in voting for that award and was part of the top five for the seventh time. He also was the league Most Valuable Player in 2011.

Overall, Verlander is 21-9 in 39 starts with the Astros, posting a 2.32 ERA and striking out 333 batters in 248 innings. The Astros won the World Series in 2017 following the trade for Verlander.

The Astros already had reached extensions with All-Star third baseman Alex Bregman (six years, $100 million) and righty reliever Ryan Pressly (two years, $17.5 million) in the past few days.

Bregman, who turns 25 on Friday, finished fifth in the American League MVP voting last season after batting .286 with a league-high 51 doubles, 31 homers, 103 RBIs and 105 runs scored.

Pressley, 30, is under contract for $2.9 million in 2019 and would have been eligible for free agency after this season. The deal covers the 2020 and 2021 seasons.

–Field Level Media

Source: OANN

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Ukrainian man brought to US to face money laundering charges

A Ukrainian man has been extradited to the U.S. to face charges that he oversaw a scheme to launder money and defraud victims including a North Carolina company.

Aleksandr Musienko faces charges including wire fraud, bank fraud and money laundering. He was arrested in South Korea and appeared Friday in court in Charlotte.

Prosecutors say he convinced people to help him with laundering transactions by offering jobs described as "financial assistants." Authorities say these people were in reality making transactions of funds stolen by cybercriminals. Authorities say the operation laundered at least $2.8 million from 2009 to 2012.

Prosecutors say cybercriminals hacked into computers of a Hickory-based company, identified only as VDC, and stole nearly $200,000.

A lawyer representing Musienko didn't immediately respond to an email seeking comment.

Source: Fox News National

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ISIS Bride Pleads Anchor Baby Status

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Source: InfoWars

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Texas men jailed on murder charge in death of mother

An 18-year-old man has been arrested after authorities accused him and another man of beating his mother with baseball bats and then slitting her throat.

San Antonio police say Matthew Dempsey was arrested Tuesday for the death of his mother, Mary Dempsey. The second suspect, 18-year-old Daniel Saucedo, was arrested Wednesday.

Both are jailed on suspicion of capital murder.

An arrest affidavit says the young men attacked Mary Dempsey when she walked in on them burglarizing her home. The affidavit says they struck Mary Dempsey with baseball bats before using a kitchen knife to attack her. The documents don't say which man had the knife.

According to court records, neither suspect has been assigned an attorney who could speak on their behalf.

Source: Fox News National

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NHL roundup: Panthers’ Barkov hands out five assists

NHL: Minnesota Wild at Florida Panthers
Mar 8, 2019; Sunrise, FL, USA; Florida Panthers center Aleksander Barkov (16) gives his hockey stick to some fans after the game against the Minnesota Wild at BB&T Center. Mandatory Credit: Steve Mitchell-USA TODAY Sports

March 9, 2019

Aleksander Barkov set a franchise record with five assists, and MacKenzie Weegar and Mike Matheson scored twice each to lead the Florida Panthers to a 6-2 win over the Minnesota Wild on Friday in Sunrise, Fla.

Panthers rookie goalie Sam Montembeault, making just his second NHL start, stopped 26 shots for his first win.

Jonathan Huberdeau and Mike Hoffman also scored for the Panthers. Florida’s top line — Barkov, Huberdeau and Evgenii Dadonov — combined for 12 points.

J.T. Brown and Marcus Foligno scored for Minnesota. Wild goalie Devan Dubnyk, who on Thursday shut out the best team in hockey, the Tampa Bay Lightning, lasted just one period, making four saves while allowing three goals. Alex Stalock entered and allowed three goals on 22 shots.

Jets 8, Hurricanes 1

Winnipeg scored three goals in the first 10 minutes on the way to a blowout win at Raleigh, N.C.

Andrew Copp scored twice, and Kevin Hayes, Blake Wheeler, Ben Chiarot, Nikolaj Elhers, Kyle Connor and Adam Lowry also had goals for the Jets, who delivered Carolina its most lopsided setback of the season.

The Jets have won three of their past four games. The Hurricanes, who got a goal from Greg McKegg, had a season-best six-game points streak snapped. Coupled with an overtime loss at Boston on Tuesday, they have dropped consecutive games for the first time in nearly two months.

Capitals 3, Devils 1

Andre Burakovsky, Nicklas Backstrom and Lars Eller each scored, and Braden Holtby finished with 25 saves as Washington extended its winning streak to six games with a victory over visiting New Jersey.

Burakovsky scored early in the first period, and Backstrom and Eller added their tallies in the third. Holtby improved to 6-1-0 in his past seven games.

New Jersey, which dropped its fifth consecutive game, got a 33-save performance from Mackenzie Blackwood.

Ducks 8, Canadiens 2

Adam Henrique scored twice, and rookie Troy Terry produced his second consecutive three-point game as host Anaheim handed Montreal a second loss in as many nights.

Goalie John Gibson stopped 35 shots for the Ducks, who got single goals from Terry, Corey Perry, Rickard Rakell, Devin Shore, Daniel Sprong and Max Jones (the first of his career). The eight goals were a season high for Anaheim, which went into the night the lowest-scoring team in the league.

Montreal netminder Carey Price was looking to supplant the legendary Jacques Plante for most wins among goaltenders in franchise history, but he remains at 314 victories after saving 21 of 29 shots. Paul Byron and Shea Weber (the 200th of his career) found the net for the Canadiens.

–Field Level Media

Source: OANN

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Capitals sign C Dowd to three-year extension

FILE PHOTO: NHL: Washington Capitals at Carolina Hurricanes
FILE PHOTO: Mar 28, 2019; Raleigh, NC, USA; Washington Capitals center Nic Dowd (26) celebrates his third period goal against the Carolina Hurricanes at PNC Arena. The Washington Capitals defeated the Carolina Hurricanes 3-2. Mandatory Credit: James Guillory-USA TODAY Sports

April 11, 2019

The Washington Capitals signed center Nic Dowd to a three-year, $2.25 million contract extension Thursday, senior vice president and general manager Brian MacLellan announced.

Dowd, 28, set a career high with eight goals this season and tied his career high with 22 points.

He recorded three game-winning goals, including the playoff-clinching game-winner on March 28 against the Carolina Hurricanes and the Metropolitan Division-clinching goal on April 4 against the Montreal Canadiens.

Dowd also ranked first on the Capitals in faceoff percentage among players with at least 100 draws taken (245 of 472, 51.9 percent).

In 195 career NHL games, Dowd has 48 points (17 goals, 31 assists).

–Field Level Media

Source: OANN

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South Korea’s burned out millennials chose YouTube over Samsung

Yoon Chang-hyun works on his Youtube clip in Seongnam
Yoon Chang-hyun works on his Youtube clip in Seongnam, South Korea, February 12, 2019. REUTERS/Kim Hong-Ji

March 31, 2019

By Cynthia Kim

SEOUL (Reuters) – Yoon Chang-hyun’s parents told him to get his sanity checked when he quit his secure job as a researcher at Samsung Electronics Co in 2015 to start his own YouTube channel.

The 65 million won ($57,619) a year salary – triple South Korea’s average entry level wage – plus top-notch healthcare and other benefits offered by the world’s biggest smartphone and memory chip maker was the envy of many college graduates.

But burned out and disillusioned by repeated night shifts, narrowing opportunities for promotion and skyrocketing property prices that have pushed home ownership out of reach, the then 32-year old Yoon gave it all up in favor of an uncertain career as an internet content provider.

Yoon is among a growing wave of South Korean millennials ditching stable white collar jobs, even as unemployment spikes and millions of others still fight to get into the powerful, family-controlled conglomerates known as chaebol.

Some young Koreans are also moving out of city for farming or taking blue collar jobs abroad, shunning their society’s traditional measures of success – well-paid office work, raising a family and buying an apartment.

“I got asked a lot if I had gone crazy,” Yoon said. “But I’d quit again if I go back. My bosses didn’t look happy. They were overworked, lonely…”

Yoon now runs a YouTube channel about pursuing dream jobs and is supporting himself from his savings.

Samsung Electronics declined to comment for this article.

Chaebols such as Samsung and Hyundai powered South Korea’s dramatic rise from the ashes of the 1950-53 war into Asia’s fourth-largest economy in less than a generation. Well-paid, secure jobs provided a gateway to the middle-class for many baby boomers.

But with economic growth stagnating and competition from lower cost producers weighing on wages, even milliennials who graduated from top universities and secured chaebol jobs say they are less inclined to try to fulfill society’s expectations.

Similar issues among younger workers are being seen globally. However, South Korea’s strict hierarchical corporate culture and oversupply of college graduates with homogeneous skills make the problem worse, says Ban Ga-woon, a labor market researcher at state-run Korea Research Institute for Vocational Education & Training.

South Koreans had the shortest job tenure among member countries in the Organization for Economic Co-operation and Development (OECD) as of 2012, just 6.6 years compared to the average of 9.4 years and 11.5 years in neighboring Japan.

The same survey also showed barely 55 percent of South Koreans were satisfied with their jobs, the lowest rate in the OECD.

This January, ‘quitting jobs’ appeared on the nation’s top 10 new year resolution list on major social media sites.

‘DON’T TELL THE BOSS’

Some workers are even going back to school to learn how to do just that.

A small three-classroom campus in southern Seoul, named “School of Quitting Jobs”, has attracted over 7,000 attendees since opening in 2016, founder Jang Su-han told Reuters.

The 34-year-old Jang, who himself quit Samsung Electronics in 2015 to launch the school, said it now offers about 50 courses, including classes on how-to-YouTube, manage an identity crisis, and how to brainstorm a Plan B.

The school’s rules are displayed at its entrance: “Don’t tell your bosses, say nothing even if you run into a colleague, and never get caught until your graduation.”

“There is strong demand for identity-related courses, as so many of us were too busy with cram schools to seriously think about what we want to do when were teenagers,” he said.

To be sure, the lure of a prestigious chaebol job remains strong, especially with the country mired in its worst job slump since 2009 and youth joblessness near a record high.

Samsung Electronics is still the most desired workplace for graduates as of 2019, a survey of 1,040 job seekers by Saramin, a job portal, showed in February.

However, many entering the workforce are much less willing to accept the long hours or mandatory drinking sessions synonymous with the country’s hierarchical, cutthroat corporate life, says Duncan Harrison, country head of London-based recruitment agency Robert Walters Plc.

“The mindset of people entering the workforce is very different from past generations,” Harrison said.

YOUTUBER, SPORTS STAR, CLEANER

Among elementary school students, YouTube creator is now the fifth-ranked dream job, behind being a sports star, school teacher, doctor or a chef, a 2018 government poll showed.

Some are choosing a simpler life in the country.

Between 2013 and 2017, South Korea saw a 24 percent increase in the number of households who ditched city life for farming – more than 12,000 in total.

And in the face of dwindling opportunities at home, nearly 5,800 people also went abroad for jobs last year using government-subsidized programs, more than tripling from 2013, according to government data.

Others left without support or new jobs lined up.

Plant engineer Cho Seung-duk bought one-way tickets to Australia in December with his wife and two kids.

“I don’t think my son could get jobs like mine in South Korea,” said 37 year-old Cho, who moved from Hyundai Engineering & Construction to another top construction firm in 2015 before he emigrated.

“I will probably clean offices in Brisbane, but that’s ok.”

(Reporting by Cynthia Kim; Editing by Soyoung Kim and Lincoln Feast)

Source: OANN

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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