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Florida firefighters paint home of blind World War II veteran, 89

A blind World War II veteran's home was painted over the weekend by firefighters in Florida who decided to give back to the community in a special way.

William Velez, 89, and his wife were full of gratitude after dozens of members of the Hillsborough County Fire Rescue and their families painted their house on Saturday as part of an event coordinated with Paint Your Heart Out Tampa, a volunteer effort.

GOOD SAMARITANS RESCUE BLIND MAN WHO TUMBLED ONTO WASHINGTON METRO TRACKS

Volunteer Ken Forward told Fox station WTVT that it's natural for firefighters to give back to the community.

"To assist the community, to serve the community, and that’s what we’re doing today," Forward said, adding that Velez noted "he’s not able to get around and maintain his home the way he’d like."

Forward continued, "He told me he painted his home 17 years ago by himself. But now with his impairment, he can’t do it, so we’re here to help him."

In addition to a fresh coat of paint, fire rescue volunteers installed smoke detectors in Velez's home.

"Mr. Velez and his wife came out and met with us, and just to see his appreciation and gratitude is rewarding," he told the news station.

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Paint Your Heart Out Tampa's website states that its mission "is to enrich lives and renew our community through annual volunteer efforts to paint and beautify our senior, veteran, or disabled neighbors' homes...one paint brush at a time."

The group has 75,000 volunteers who have painted 3,000 houses, according to the site.

Source: Fox News National

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Romania’s growing pains just keep coming back

Thousands of crows fly at dusk over the city skyline in Bucharest
FILE PHOTO: Thousands of crows fly at dusk over the city skyline in Bucharest November 27, 2012. REUTERS/Radu Sigheti

March 27, 2019

By Luiza Ilie and Marc Jones

BUCHAREST/LONDON (Reuters) – Almost every former Eastern Bloc country has suffered growing pains at some point over the last few decades. Romania’s just seem to keep coming back.

Fumbling attempts to bring in new bank, energy and telecoms taxes in recent months are the latest example of its struggle to assert itself as a fully functioning economy.

Two years ago, growth outpaced nearly all its European peers, spurring hopes it was finally harnessing the potential of its 20 million population — the second biggest in central Europe behind Poland — and its own oil and gas reserves.

But having been inflated by some potent fiscal stimulus, the expansion is now fading so fast again — to 4 percent last year from 7 percent in 2017 — that some analysts fear another boom and bust is playing out.

Expectations are dimming that equity index provider MSCI might promote Romania to emerging market status alongside peers like Poland and the Czech Republic as soon as this year, which would draw money into its undersized financial markets.

The IPO market is at a standstill and the new taxes worried S&P enough that it threatened to change Romania’s credit rating outlook to negative.

Bucharest averted that by promising to tweak the measures to preserve central bank independence. But the confusion has only added to a view that policymaking has become unpredictable.

“The frequency of legislative changes has been increasing and often seems to come out of the blue,” said Franklin Templeton’s Romania CEO, Johan Meyer, who manages the Fondul Proprietatea fund which has stakes in a slew of state-owned firms.

“Sometimes the decisions do get reversed or watered down, but at that point the reputational damage has been done.”

As the country gears up for four elections in 2019-20, Finance Minister Eugen Teodorovici had said the measures would help the economy “aggressively in the good way” by lowering borrowing costs and energy prices.

A ROAD TO NOWHERE

In the 12 years since it joined the European Union, Romania’s per capita national output has doubled, to roughly 60 percent of the euro zone average, while record low unemployment led to double-digit average wage growth in the last four years.

But income inequalities are among the bloc’s highest. One-third of the population lives in poverty and millions lack sufficient access to healthcare and basic amenities like indoor plumbing.

Its population is both shrinking and aging, while backsliding in the battle against chronic corruption has led to mass street protests.

“Investor confidence is being eroded by persistent legislative instability, unpredictable decision-making, low institutional quality and the continued weakening of the fight against corruption,” the European Commission said in February.

And while Romania is up 16 places on the World Economic Forum’s Global Competitiveness Index since joining the EU, Bulgaria, which also joined in 2007, has leapfrogged it.

Graphic: Poverty levels in EU interactive – https://tmsnrt.rs/2UR8cEa

This month, a businessman from northeastern Romania opened a one-meter-long motorway, built in a day and paid for by him, in protest at the state of the country’s roads.

Romania has only 800 kilometers of motorways, less than half that of Hungary even though it is more than double the size of its neighbor and has almost twice as many people.

Just 75 kilometers have been built in the last three years and none go border-to-border despite years of government promises.

Central Bank Governor Mugur Isarescu routinely uses roads to highlight poor infrastructure that impedes economic development.

“Romania will be ready to join the euro when it has a motorway crossing the Carpathian mountains,” he has said.

Graphic: Romania motorways interactive – https://tmsnrt.rs/2Ol8Abt

PATCHY IMPROVEMENTS

A series of International Monetary Fund-led aid deals in 2009-2015 helped Romania shrink its budget and current account deficits, seen as a key weakness of the economy, and it won back its investment-grade rating in 2014. Its debt to debt-to-GDP is low, in line with the Czech Republic’s at around 38 percent.

But those twin deficits are rising again after tax cuts and wage and pensions hikes that have inflated consumption.

The external shortfall was 4.7 percent of GDP in 2018, a decade high, although the government has kept the budget deficit under the EU’s 3 percent ceiling by postponing investments.

“Policies focused on raising public sector wages and pensions have widened imbalances and at some point their adjustment will be unavoidable,” said the head of Romania’s fiscal watchdog Ionut Dumitru.

“The current account deficit is at a level that can no longer be ignored.”

Graphic: Romania’s boom and bust cycles – https://tmsnrt.rs/2OfoiEO

PROMOTION PROSPECTS

Its financial markets are lagging too. Bucharest’s main stock market has only 16 companies and the tax changes have knocked banking and energy firms, leaving it with the lowest price-to-earnings ratio in the region.

Privatisations of firms like power utility Hidroelectrica, which were supposed to broaden and deepen the market and help its prospects of an MSCI promotion, have not materialized.

“They (Romania) are always remain on our radar screen. But so far it hasn’t reached the market classification framework requirements,” MSCI’s Sebastien Lieblich said, citing the small number of listed stocks.

Franklin Templeton’s Meyer blames government foot-dragging and a system whereby company directors can serve for just a few months, so that turnover at board level can hamper the six-to-nine month process of preparing a firm for the stock market.

He reckons up to five state-owned firms could easily be floated but sees none happening soon.

“It is like any promotion,” Meyer said of MSCI. “If you only do the bare minimum in your job you don’t get it.”

Graphic: Price-to-earnings ratio of Romania’s stock market – https://tmsnrt.rs/2OaW3Hr

(Reporting by Luiza Ilie in Bucharest and Marc Jones in London; Additional reporting by Karin Strohecker in London; Editing by Catherine Evans)

Source: OANN

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Murdoch’s new Fox Corp appoints ex-Speaker Paul Ryan to board

U.S. Republican House leaders speak after meeting with Trump at the White House in Washington
FILE PHOTO: Paul Ryan speaks after meeting with U.S. President Donald Trump at the White House in Washington, U.S., December 20, 2018. REUTERS/Jim Young

March 19, 2019

(Reuters) – Fox Corp on Tuesday appointed former U.S. House Speaker Paul Ryan, Chief Executive Officer of Formula One Group Chase Carey and two others to its board.

Carey served as president and chief operating officer from 2009 to 2015 at Twenty-First Century Fox.

The newly spun-off media company, which will mark a new phase for billionaire Rupert Murdoch’s media business, will debut on the Nasdaq on Tuesday.

(Reporting by Vibhuti Sharma; Editing by Arun Koyyur)

Source: OANN

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Turkey president says Istanbul election irregularities should lead to annulment: Sabah

Turkish President Erdogan is greeted by his supporters as he leaves a mosque after the Friday prayers in Istanbul
Turkish President Tayyip Erdogan is greeted by his supporters as he leaves a mosque after the Friday prayers in Istanbul, Turkey April 5, 2019. Cem Oksuz/Presidential Press Office/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. NO RESALES. NO ARCHIVE

April 10, 2019

ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said irregularities in Istanbul’s local elections, such as the appointment of ballot box officials, should lead to the annulment of the vote, the pro-government Sabah newspaper reported on Wednesday.

Initial results show the main opposition Republican People’s Party narrowly won control of Turkey’s biggest city in the mayoral elections, seemingly bringing an end to the 25-year rule there by Erdogan’s AK Party and its Islamist predecessors.

(Reporting by Daren Butler; Editing by Michael Perry)

Source: OANN

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Alabama Democratic Sen. Doug Jones gets first GOP challenger for 2020

An Alabama congressman on Wednesday became the first prominent Republican to enter the race to challenge Democratic Sen. Doug Jones, one of the most vulnerable incumbents up for re-election in 2020.

U.S. Rep. Bradley Byrne announced his intention to run for the seat that was once held by former U.S. Attorney General Jeff Sessions, vowing to be a senator “who will fight with President Trump.”

“We have nominate the right conservative to run this race,” Byrne said in a phone interview with Fox News on Wednesday night after his announcement with supporters in Mobile. “Somebody who can appeal to the broadest of our Republican coalition in Alabama, who can run a strong race against incumbent Democrat Doug Jones, who now has a record."

ISIS WIFE FROM ALABAMA WILL NOT BE ADMITTED TO THE US, POMPEO SAYS

In 2017, Jones pulled off a major upset in Alabama by defeating the embattled Republican Roy Moore in a special election to fill Sessions’ vacant seat. Moore, the former chief justice of Alabama’s Supreme Court, faced multiple allegations during the campaign that he pursued romantic relationships with teenage girls while he was in his thirties -- accusations Moore repeatedly denied.

But the accusations propelled Jones to victory, making him the first Democrat to win election to the Senate from the deeply conservative state in 25 years.

U.S. Rep. Bradley Byrne announced his intention to run for the seat once held by former U.S. Attorney General Jeff Sessions during a campaign event in Mobile, vowing to be a senator “who will fight with President Trump. (Byrne campaign).

U.S. Rep. Bradley Byrne announced his intention to run for the seat once held by former U.S. Attorney General Jeff Sessions during a campaign event in Mobile, vowing to be a senator “who will fight with President Trump. (Byrne campaign).

“I think 2017 was just a totally unique situation,” Byrne said. “It was very strange from the beginning to the end. I just don’t see that happening again. President Trump will be at the top of the ticket. I can’t see people voting for President Trump and then going over and voting for a Democratic senator.”

JEFF SESSIONS WEIGHS POSSIBLE BID FOR OLD SENATE SEAT IN ALABAMA

Jones’ is a top target for Republicans in a state Trump won 62 percent of the vote in Alabama in 2016.

“Doug Jones is for gun control,” Byrne said. “Doug Jones is for abortion. Doug Jones is against the wall. Doug Jones was against Judge Kavanaugh. Doug Jones is against Donald Trump. I’d say each and every one of those is disqualifying.”

Asked to assess Trump’s first term, Byrne cited the president’s record on judges, tax reform, the economy and border security and said, “I’ve been very pleased. I think he’s been a great president. I’ve been pleased to be one of the strongest supporters he’s got in Congress.”

Byrne, a former state legislator and chancellor of Alabama's two-year college system, was first elected to Congress in 2013. He made an unsuccessful bid for Alabama’s governorship in 2010.

Jones’ campaign issued a statement Wednesday calling Byrne a “career politician.”

“It doesn’t matter if Senator Jones has 1 opponent or 100. His focus is working for the people of Alabama whether it’s protecting our auto jobs and farmers against dangerous tariffs or building health care infrastructure in Alabama’s rural communities,” the Democrat’s campaign statement said.

The GOP primary could attract a large field, with others, like Senate President Pro Tem Del Marsh, considering getting into the race.

Sessions, who was forced out of the Justice Department last year after infuriating the president over his recusal from the Russia investigation, hasn’t ruled out running for his old seat. But the former attorney general has not made any noticeable moves indicating he is preparing for a run.

The Associated Press contributed to this report.

Source: Fox News Politics

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Soccer: U.S. women’s head coach Ellis supports players’ lawsuit

FILE PHOTO: Soccer: She Believes Cup Women's Soccer-Japan at USA
FILE PHOTO: Feb 27, 2019; Chester, PA, USA; United States head coach Jill Ellis looks on before a She Believes Cup women's soccer match against Japan at Talen Energy Stadium. Mandatory Credit: Bill Streicher-USA TODAY Sports/File Photo

March 9, 2019

By Amy Tennery

NEW YORK (Reuters) – U.S. women’s national soccer team coach Jill Ellis threw her support behind her players on Saturday after all 28 members of the reigning World Cup champions’ squad filed a suit against U.S. Soccer for gender discrimination.

The lawsuit alleges that the women players were paid less than their male counterparts despite performing better, and were provided with inferior playing and training conditions.

“I’m definitely in support,” Ellis told reporters, adding that the players called her before announcing the lawsuit but did not discuss it with her ahead of filing it.

Ellis, who as head coach is employed by the U.S. soccer federation, is in a unique position as both a representative of the players and the athletic body targeted in the lawsuit.

“(I) recognize moments where we have to continue to push the envelope,” Ellis said. “It’s not hard to navigate because I’m in that world and my players know I support them.”

The lawsuit rekindled the debate around gender pay equality and garnered the support of sports’ biggest stars, including 23-times tennis grand slam champion Serena Williams.

“The pay gap has been there for a very long time. And this is across all industries. And soccer was no different,” said two-times gold medalist Aly Wagner, who was part of the 2008 Olympic team with plaintiffs Tobin Heath and Carli Lloyd.

“I know what we went through when I was playing,” Wagner said. “Things weren’t always equitable.”

The U.S. women’s national soccer team, a stalwart of American athletics with three World Cup titles and four Olympic gold medals to their name, will enter this year’s women’s World Cup in June among the favorites to win the tournament.

Leslie Osborne, who played for the U.S. women’s team in the 2007 World Cup, said the suit was overdue.

“(The players) know that they have leverage going into this next women’s World Cup,” Osborne said.

“I think the fact that they are doing this – and every single player is doing it together – is so strong and their voice is going to be heard regardless,” she added.

“And people from all over the world are watching this team go through this.”

(Reporting by Amy Tennery, editing by Ed Osmond)

Source: OANN

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Nissan CEO tells shareholders Ghosn scandal won’t be fixed overnight

FILE PHOTO: FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo

April 8, 2019

YOKOHAMA, Japan (Reuters) – Nissan Motor Co Ltd Chief Executive Hiroto Saikawa began an extraordinary shareholders meeting on Monday by apologising for the scandal involving ousted boss Carlos Ghosn and said the issue could not be fixed overnight.

Saikawa told shareholders he first needed to stabilize the company and prepare it for future generations, and then pass the baton.

The shareholders meeting was called to formally remove ex-chairman Ghosn from the company following his arrest in Japan over financial misconduct charges.

(Reporting by Naomi Tajitsu; Writing by Chris Gallagher; Editing by Christopher Cushing)

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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