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Washington shuts down Utah State

NCAA Basketball: NCAA Tournament-the Washington Huskies vs the Utah State Aggies
Mar 22, 2019; Columbus, OH, USA; Washington Huskies guard David Crisp (1) shoots the ball in the second half against the Utah State Aggies in the first round of the 2019 NCAA Tournament at Nationwide Arena. Mandatory Credit: Rick Osentoski-USA TODAY Sports

March 23, 2019

Ninth-seeded Washington married its usually good defense with an unusually proficient performance on offense Friday night, scoring a 78-61 win over eighth-seeded Utah State in the first round of the NCAA Tournament at Nationwide Arena in Columbus, Ohio.

Four players scored in double figures for the Huskies (27-8), which will meet the Iona-North Carolina winner on Sunday in a Midwest Region second-round game. Noah Dickerson led the way with a 20-point, 12-rebound double-double, the 24th of his career.

Jaylen Nowell scored 19 points while adding five rebounds and five assists. Nahziah Carter came off the bench to add 13 points and Pac-12 Defensive Player of the Year Matisse Thybulle chipped in 10.

Most importantly, Thybulle and his teammates put the clamps on the Aggies’ best player, 6-5 junior guard Sam Merrill. Coming into the game averaging nearly 28 ppg in his last five games, Merrill didn’t score until the midway point of the second half and managed only 10 points on 2-of-9 shooting.

Brock Miller paced Utah State (28-7) with 13 points, while freshman center Neemias Queta added 11 to go along with nine rebounds. Abel Porter contributed 10 points.

Washington canned 49 percent of its field goals, including an outstanding 10-of-17 on 3-pointers, and limited the Aggies to 19 of 54 shooting from the field. It forced 21 turnovers.

Utah State owned the lead for most of the first 10 minutes, leading by as many as six points just over four minutes into the game. But the Aggies began to have problems hanging on to the ball and Washington started turning defense into offense.

Beginning with a stickback by Dickerson at the 8:42 mark that gave them an 18-17 edge, the Huskies put their stamp on the first half’s remainder. They forced 11 turnovers and used their length to block or alter a spate of attempts around the bucket.

Washington ended the half with a 13-3 spurt in a span of 4:57. Dickerson’s layup off a Carter pass with two seconds left sent it to the locker room with a 40-28 advantage.

–Field Level Media

Source: OANN

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Scottish leader to give update on independence plans

Scottish leader Nicola Sturgeon is due to outline her plans for a new referendum on independence from the U.K.

The first minister is scheduled to update the Scottish Parliament in Edinburgh Wednesday on "Brexit and Scotland's future." Her office did not say whether Sturgeon will set a date for a new vote.

Scots voted against independence by 55% to 45% in a 2014 referendum billed as a once-in-generation poll.

In 2016, the U.K. as a whole voted to leave the European Union, but Scotland voted strongly to remain.

Sturgeon, who leads the pro-independence Scottish National Party, argues that Brexit changes everything because Scotland should not be taken out of the EU against its will.

A referendum would need approval from the British government, which says the time is not right.

Source: Fox News World

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Church of England says Sunday services no longer mandatory

The Church of England has acknowledged the reality of shrinking congregations and overworked priests and lifted a 400-year-old rule requiring that all churches hold services every Sunday.

Canon law dating from 1603 required priests to hold morning and evening prayers and a communion service each Sunday in every church they oversaw.

But after decades of declining attendance, many priests are now responsible for multiple churches, especially in rural areas. Until now, they have needed permission from a bishop not to hold Sunday services in each church.

The change was approved Thursday at a meeting of the church's governing Synod.

Bishop of Willesden Pete Broadbent, who proposed the change, said it "just changes the rules to make it easier for people to do what they're already doing. It stops the bureaucracy."

Source: Fox News World

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TJX holiday quarter same-stores sales beat estimates

A T.J. Maxx store which is owned by TJX Cos Inc in Pasadena
A T.J. Maxx store which is owned by TJX Cos Inc in Pasadena, California U.S., May 15, 2017. REUTERS/Mario Anzuoni

February 27, 2019

(Reuters) – Off-price apparel retailer TJX Cos Inc reported better-than-expected quarterly same-store sales on Wednesday, as steep discounts drove more shoppers to its T.J. Maxx and Marshalls stores during the holiday season.

TJX reported a 6 percent rise in comparable-store sales, beating analysts’ average estimate of a 3.54 percent rise, according to IBES data from Refinitiv.

Net sales rose to $11.13 billion from $10.96 billion.

(Reporting by Soundarya J in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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Jerome Corsi celebrates end of Russia probe, says he feels 'vindicated' for not giving in to Mueller's investigators

Conservative author Jerome Corsi declared he’s “vindicated” after the Special Counsel Robert Mueller ended the Russia investigation and recommends no new indictments.

Corsi has been in the crosshairs of the Mueller probe since last year when he was accused of lying under oath to Mueller’s investigators, but was never indicted.

‘THERE NEEDS TO BE A RECKONING’ FOR THOSE WHO SPREAD RUSSIA COLLUSION NARRATIVE: MOLLIE HEMINGWAY

Speaking on Friday following the news that Mueller submitted his report to the Justice Department, he said that he and his family are pleased that the investigation ended with him not getting charged in the end.

“We feel vindicated,” Corsi told CNN. “I did nothing wrong.”

“We feel vindicated. I did nothing wrong.”

— Jerome Corsi

Corsi, the former Washington bureau chief of the conspiracy theory outlet InfoWars, was offered a deal with investigators that would have required him to plead guilty to perjury.

But he refused the deal on the basis that he could not lie about something he knew to be false, even if it meant living out his life in prison.

CORSI SUES MUELLER OVER ALLEGED GRAND JURY LEAKS, SEEKS $350M IN DAMAGES: REPORT

“I went in there to cooperate with them. They treated me as a criminal,” Corsi told the outlet. “I consider this entire investigation to be fraudulent. I'm glad it's over.”

Corsi sued the special counsel last year, accusing Mueller of leaking grand jury items and various constitutional violations, including illegal surveillance.

CLICK HERE TO GET THE FOX NEWS APP

According to the lawsuit, Mueller tried to get Corsi to give testimony that he said is false. He’s seeking $100 million in actual damages and $250 million in damages due to injury to his reputation.

Corsi told CNN that he won’t volunteer in the trial of his former close associated Roger Stone and will only appear if he’s subpoenaed.

Source: Fox News Politics

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U.S. envoy says Venezuela oil production dropping steadily

FILE PHOTO: United States diplomat Elliott Abrams takes notes during a meeting of the U.N. Security Council called to vote on a U.S. draft resolution calling for free and fair presidential elections in Venezuela at U.N. headquarters in New York
FILE PHOTO: United States diplomat Elliott Abrams takes notes during a meeting of the U.N. Security Council called to vote on a U.S. draft resolution calling for free and fair presidential elections in Venezuela at U.N. headquarters in New York, U.S., February 28, 2019. REUTERS/Lucas Jackson

March 15, 2019

WASHINGTON (Reuters) – The U.S. special representative for Venezuela said on Friday that Venezuela’s oil exports have been dropping steadily by roughly 50,000 barrels per month and production is likely to dip below a million barrels a day within a “month or two.”

“They are heading down toward a million now, and in a month or two will be below a million” barrels per day, U.S. envoy Elliott Abrams told a news briefing, adding that the decline seen in recent days could partly be attributed to the blackouts that had crippled the country. “It’s a steady decline.”

The OPEC member’s oil production has dwindled in the last two decades, from more than 3 million bpd at the beginning of the century to between 1.2 million and 1.4 million bpd by late 2018. Most of the crude it produces now is heavy or extra heavy.

(Reporting by Lesley Wroughton; Writing by David Alexander)

Source: OANN

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Chinese boxer trounces stereotypes, depression to become ‘Queen of the Ring’

FILE PHOTO: The Wider Image: Chinese boxer trounces stereotypes to become 'Queen of the Ring'
FILE PHOTO: Huang Wensi celebrates her victory after the referee awards her a technical knock-out during the seventh round of her fight against Thailand's Jarusiri Rongmuang for the Asia Female Continental Super Flyweight Championship gold belt in Taipei, Taiwan, September 26, 2018. REUTERS/Yue Wu

April 1, 2019

By Yue Wu and Brenda Goh

TAIPEI/NINGBO, China (Reuters) – Huang Wensi narrows her eyes and swings her fists towards her opponent, delivering a series of sharp punches before the referee finally separates the two, who have been dueling for seven rounds.

“I made it, my son!” screamed the 29-year-old as she danced in the ring before her rival, Thailand’s Jarusiri Rongmuang, from whom she snatched away the Asia Female Continental Super Flyweight Championship gold belt at the match in Taipei.

The dreadlocks-wearing Huang is one of a small but growing number of women in China to embrace professional boxing, relishing its intense nature despite traditional stereotypes that steer women away from such activities.

As a mother, she is also a rarity within a small circle of professional female boxers and clinching her top title on her son’s birthday last October made victory all the sweeter.

“A women is not just limited to being a wife or mother in the house,” said Huang, adding that her son, now aged 2-1/2, had jumped for joy during her video call to tell him of the win.

“I live for myself. This makes me truly happy. I hope there are more moms who could see this game. Besides living for family, you could also live for yourself.”

Born in a small town in China’s southern province of Guangdong, Huang started learning to box in 2002 after a coach spotted her potential at school. She joined a provincial team three years later, but retired in 2011, after an injury.

In 2015, she met the man who is now her husband and her son was born a year later. But after his birth, she suffered such severe depression that she was driven to contemplate suicide, she said.

That event spurred her comeback as a professional boxer, after spending a few years in grueling practice to regain her physique and strength, said Huang, who also works as a teacher in the coastal city of Zhejiang.

“I knew that was my only way out.”

After the victory, fans and friends surrounded Huang to celebrate her medal.

“Don’t call me a king,” she said. “Please call me the queen of the ring.”

(Reporting by Yue Wu and Brenda Goh; Writing by Brenda Goh; Editing by Clarence Fernandez)

Source: OANN

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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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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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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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