Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am


Upcoming shows
Real News

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Airports of Thailand to hold duty-free auction in May

Tourists queue to check in at Suvarnabhumi International Airport in Bangkok
FILE PHOTO: Tourists queue to check in at Suvarnabhumi International Airport in Bangkok, Thailand, December 23, 2016. REUTERS/Athit Perawongmetha

March 29, 2019

BANGKOK (Reuters) – Airports of Thailand Pcl will hold the auction for its biggest duty-free concession at Bangkok’s Suvarnabhumi airport in May, the company said on Friday.

The existing duty-free license is set to expire in 2020, and AOT postponed the auction process earlier this month due to public concern over the perceived monopolistic structure of the bidding process and the concession.

The duty-free business is a major beneficiary of a tourism boom in Thailand, where arrivals exceeded 38 million people in 2018.

King Power Group, owner of the English Premier League’s Leicester City Football Club, currently holds the licenses for duty-free retail and commercial activity at Suvarnabhumi, the country’s main international airport, and also at airports in Chiang Mai, Hat Yai and Phuket.

Under a new arrangement, AOT has divided the new concession into two separate contracts – one for Suvarnabhumi which will be open for bidding in May and another contract covering Chiang Mai, Hat Yai, and Phuket airports that will not be open for bidding yet.

Another license up for auction in May is for non-duty-free commercial activity at Suvarnabhumi, which also expires in 2020.

AOT earned 16.7 billion baht ($526.2 million) from concessions in its last fiscal year, 13.3 percent more than a year earlier.

The concession will start on Sept. 28, 2020 and will expire on March 31, 2031, AOT said in a statement.

The bidding will take place on May 22 and results will be announced by May 31.

(Reporting by Panarat Thepgumpanat and Panu Wongcha-um; Editing by Gopakumar Warrier)

Source: OANN

0 0

UK Brexit chief says May not offering a blank check in talks

Britain's Brexit secretary says the government is not offering a "blank check" to the opposition after Prime Minister Theresa May offered to meet with the Labour Party leader in hopes of ending the impasse over the U.K.'s departure from the European Union.

Steve Barclay told the BBC on Wednesday that some Labour proposals, such as a customs union with the EU, would be "very difficult" for the government to accept but both sides need to sit down and work out an agreement to avoid a damaging no-deal Brexit.

Barclay said: "We're not setting pre-conditions, but nor is it a blank check."

But he added that the "remorseless logic" of Parliament's failure to back the prime minister's withdrawal agreement with the EU is that Britain must move toward a softer form of Brexit.

Source: Fox News World

0 0

Trump Predicts GOP Will Regain House, Warns of Election Fraud

President Donald Trump said Tuesday night Republicans will win back control of the House in the 2020 elections, echoing what he said in a tweet nearly 24 hours prior.

Trump addressed the National Republican Congressional Committee at the National Building Museum, a short drive from the White House in Washington, D.C. According to The Hill, Trump was confident in his remarks the GOP will regain its majority in the House chamber next year.

"We're going to take the House back. We are. I feel totally confident," he said.

Trump added he is worried about election fraud and tampering with votes.

"You gotta be a little bit more paranoid than you are," he said. "We have to be a little bit careful because I don't like the way the votes are being tallied. I don't like it, and you don't like it either. You just don't want to say it because you're afraid of the press."

Monday night, Trump teased a vote after the 2020 election on a new Republican healthcare bill. Within the trio of tweets he sent out on the subject, he proclaimed Republicans will take back the House.

Source: NewsMax America

0 0

Ungagged: The Cardinal Pell trials

FILE PHOTO - Vatican Treasurer Cardinal George Pell is surrounded by Australian police and members of the media as he leaves the Melbourne Magistrates Court in Australia
FILE PHOTO - Vatican Treasurer Cardinal George Pell is surrounded by Australian police and members of the media as he leaves the Melbourne Magistrates Court in Australia, July 26, 2017. REUTERS/Mark Dadswell/File Photo

March 13, 2019

By Sonali Paul

MELBOURNE (Reuters) – Scooped. It’s a reporter’s nightmare.

After I spent weeks covering the trial of Cardinal George Pell in a small court room in Melbourne, a New York-based reporter for a U.S. media organization was first with the news that one of the most senior officials in the Vatican had been convicted of sexually assaulting two choir boys.

I had to sit on the story for another 11 weeks.

Media had been barred by the court from publishing anything in Australia about Pell’s prosecution on five sexual offences committed against the two boys at St Patrick’s Cathedral in Melbourne 22 years ago.

Pell was found guilty in December, a verdict announced in court, but the gag order was lifted only on Feb 26. Reuters published news of the conviction only after the gag order was lifted.

Reuters, the world’s largest international multimedia news organization, adheres strictly to the local laws in the almost 200 locations where it operates. Thomson Reuters, our parent company, has a large presence in Australia, including more than 20 journalists, and news and other services are widely distributed.

The suppression order had applied throughout Australia “and on any website or other electronic or broadcast format accessible within Australia”. Those failing to comply with suppression orders can be jailed for up to five years as well as fined nearly A$100,000($70,630). A company can face a fine of nearly A$500,000.

At the same time, however, I am bound by the Reuters Trust Principles, which commit all journalists in the company to supply “unbiased and reliable news”. https://www.thomsonreuters.com/en/about-us/trust-principles.html

Normally, when the verdict was announced, I would have sent a series of stories to my editors, urgently reporting the conviction for our clients and readers around the world followed by several updates through the day.

But the gag order precluded that.

Unlike Reuters, several overseas media institutions published the verdict as soon as it was announced. Soon it was widely available online, including in Australia.

The Daily Beast broke news of the conviction out of New York the day Pell was found guilty. The Washington Post and Catholic news agencies offshore followed suit.

The New York Times published the verdict in U.S. print editions but not online.

U.S. media that ran the verdict but did not block coverage to Australia were technically in breach of the suppression order, but there was no way the order could be enforced against them, legal experts said.

“Australia would have to extradite someone, say from the Washington Post. There’s no way that that could happen under U.S. law, because the U.S. publisher would be facing charges that are totally repugnant to the first amendment,” said Jason Bosland, deputy director of the Centre for Media and Communications Law at the University of Melbourne.

The first amendment of the U.S. Constitution protects freedom of the press.

“While we always consider guidelines given by courts and governments, we must ultimately use our judgment and exercise our right to publish such consequential news,” Washington Post Executive Editor Martin Baron was quoted by the newspaper as saying.

The Washington Post and the Daily Beast did not respond to questions on whether they had received any legal notice from the Australian court.

GAG ORDER LIFTED

County Court of Victoria Chief Judge Peter Kidd said he imposed the gag order to avoid tainting the jury in this trial and another case he had set for March 2019, where Pell faced charges on other child sex offences from the 1970s. The charges in the second case were dropped last week, leading to the end of the gag order.

In Australia, some newspapers ran headlines, including one that said “CENSORED”, and articles referring to a trial where an unnamed high-profile person was convicted of a serious crime that could not be reported.

For 10 weeks, I and about eight other reporters spent four and a half days a week covering the Pell trials – a mistrial and then a subsequent trial. The jury was given Friday afternoons off, so we were free too.

Pell would wait during breaks in a small interview room next to the courtroom, with two companions most of the time.

When the jury went in to deliberate on the verdict, it was nerve-jangling. We hovered in the corridor outside the court room the whole time, and no one left the court house except when we saw lunch being taken in to the jurors. 

The trial’s highlight was the testimony of the one surviving victim. But only the jury, the judge, the lawyers and Pell heard his testimony from a remote site. It lasted for more than two days, including a cross-examination by Pell’s lawyer, Robert Richter.

Pell did not take the stand at any time.

The rest of us in court heard a long line of church officials and ex-choristers being interrogated about Sunday mass protocols, choir processions, wine bottles, and the Cathedral layout. All of them said they had never seen nor heard of anything untoward at the cathedral in late 1996 or early 1997.

In those circumstances, it was easy to forget the gravity of the case and not having heard the victim, the guilty verdict came as a surprise.

Then, after the drama over the gag order, the judge permitted live television coverage of the sentencing on Wednesday. Only a single camera was used, which was trained on the judge and the broadcast was cut immediately after the sentence was delivered.

Pell was sentenced to six years in prison.

(Reporting by Sonali Paul; editing by Raju Gopalakrishnan)

Source: OANN

0 0

Mueller probe already financed through September: officials

FILE PHOTO: Special Counsel Mueller departs after briefing members of the U.S. Senate on his investigation in Washington
FILE PHOTO: Special Counsel Robert Mueller (R) departs after briefing members of the U.S. Senate on his investigation into potential collusion between Russia and the Trump campaign on Capitol Hill in Washington, U.S., June 21, 2017. REUTERS/Joshua Roberts/File Photo

March 11, 2019

By Mark Hosenball

WASHINGTON (Reuters) – Special Counsel Robert Mueller and the team he assembled to investigate U.S. President Donald Trump and his associates have been funded through the end of September 2019, three U.S. officials said on Monday, an indication that the probe has funding to keep it going for months if need be.

The operations and funding of Mueller’s office were not addressed in the budget requests for the next government fiscal year issued by the White House and Justice Department on Monday because Mueller’s office is financed by the U.S. Treasury under special regulations issued by the Justice Department, the officials said.

“The Special Counsel is funded by the Independent Counsel appropriation, a permanent indefinite appropriation established in the Department’s 1988 Appropriations Act,” a Justice Department spokesman said. 

There has been increased speculation in recent weeks that Mueller’s team is close to winding up its work and is likely to deliver a report summarizing its findings to Attorney General William Barr any day or week now. Mueller’s office has not commented on the news reports suggesting an imminent release.

Representatives of key congressional committees involved in Trump-related investigations say they have received no guidance from Mueller’s office regarding his investigation’s progress or future plans.

The probe, which began in May 2017, is examining whether there were any links or coordination between the Russian government led by Vladimir Putin and the 2016 presidential campaign of Trump, according to an order signed by Deputy Attorney General Rod Rosenstein.

Critics of the probe, including Trump allies, have suggested the investigation is a misuse of taxpayer funds and should be wrapped up quickly.

Justice Department documents show that Mueller’s office reported spending around $9 million during the fiscal year which ran from Oct. 1, 2017 to Sept. 30, 2018. No figures are available for the current fiscal year.

Ninety days before the beginning of a federal government fiscal year, which starts on Oct. 1, special counsels such as Mueller “shall report to the Attorney General the status of the investigation and provide a budget request for the following year,” according to the regulations.

Department officials said that under these regulations, a special counsel should request funding for the next fiscal year by the end of June. It is not known if Mueller is preparing such a request for fiscal year 2020.

Russia has denied meddling in the 2016 presidential election. Trump has said there was no collusion between his campaign and Moscow, and has labeled Mueller’s investigation a “witch hunt.”

(Reporting By Mark Hosenball; Editing by Mary Milliken and Jonathan Oatis)

Source: OANN

0 0

New York City mom of 3 reported missing; friends say they received strange texts

New York City police are desperately searching for a mother of three who was reported missing Tuesday after she stopped showing up to work and started sending strange texts to her friends about needing to “get away,” police said.

Jeanine Cammarata, 37, was last seen alive about 9 p.m. Saturday at her boyfriend’s home in the New Springville neighborhood of Staten Island, police said. Cammarata’s boyfriend filed a missing person report Tuesday after she didn’t show up for work at Public School 29 and at her second job at a Dollar Store, ABC7NY reported.

“Jeanine Cammarata, 37, missing from Staten Island since 3-30, drives a white, 2017 Chevy Cruz, NY Plate #HSK8417…If you see her or the car, call 911; if you have info regarding her disappearance, call CrimeStoppers 800-577-TIPS @NYPDTips,” NYPD Detectives Chief Dermot Shea tweeted Wednesday.

Cammarata’s mysterious disappearance came just before her scheduled custody hearing in court. The mother of three — who is described as being 4-11, 120 pounds with brown hair and brown eyes — was expected to appear in court for custody of her children with her ex-husband, her sister Christine Ross told CBS2.

“She was supposed to have an appearance Monday and she never showed,” Ross said. “The last I talked to her was Friday morning. We were talking about her coming to visit me.”

NYC JOGGER KARINA VETRANO’S KILLER BOASTS ABOUT LANDING 'FRONT PAGE' OF NEWSPAPERS FOLLOWING CONVICTION

Elizabeth Torres, Cammarata’s co-worker at the Dollar Tree, said the teacher had told her about her weekend plans on Friday.

"She let me know Friday she was going to go pick up her children Saturday," Torres told ABC7NY.

Cammarata’s best friend Jessica Pobega also said she received a strange text from someone claiming to be the mother of three on Monday. When Pobega said she was calling the police, Cammarata responded, “I don’t want that.”

"I have the kids...I apologize. I have to do this for the children,” the text read.

EL CHAPO'S WIFE TO LAUNCH FASHION BRAND IN MEXICAN MOB BOSS' NAME

Another friend also received a text allegedly from Cammarata stating she "just wanted to get away," police told ABC7.

Pobega said she doesn’t believe the text was sent by Cammarata and fears her best friend is in danger.

"She didn't see the children this weekend so I don't know who that was and what they were covering for," Pobega told ABC7. "She's my oldest friend. My mother is distraught. Something happened. Something bad happened. And I don't know what it is and I really hope I'm wrong."

CLICK HERE TO GET THE FOX NEWS APP

Anyone with information is asked to call NYPD’s Crime Stoppers hotline at 1-800-577-TIPS (8477) or 1-888-57-PISTA (74782) for Spanish, or submit a tip via the Crime Stoppers website.

Source: Fox News National

0 0

Ex-Trump Official to Will Seek GOP Nod for US Senate

Gavin Clarkson, a former Trump Administration official and former candidate for Congress, has announced he will run for an open U.S. Senate seat in New Mexico.

Clarkson said Tuesday he will seek the Republican nomination in 2020 for Senate and will make immigration and "free speech on public campuses" his center issues.

He made his announcement in an interview with the conservative-leaning blog, NM Politics with John Block . Clarkson is the first Republican to say he will run for the state's open Senate spot.

U.S. Rep. Ben Ray Luján — the No. 4 ranked Democrat in Congress — said earlier this month he would seek the Democratic nomination. Democratic Secretary of State Maggie Toulouse Oliver says she's also considering running.

Source: NewsMax America

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



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

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

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

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

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

DNA Force Plus

Limited Advanced Release

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

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

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

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