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Ban on TikTok app would harm free speech, China’s Bytedance tells India’s top court

FILE PHOTO: The logo of TikTok application is seen in this picture illustration
FILE PHOTO: The logo of TikTok application is seen on a screen in this picture illustration taken February 21, 2019. REUTERS/Danish Siddiqui/Illustration/File Photo

April 11, 2019

By Aditya Kalra and Munsif Vengattil

NEW DELHI (Reuters) – An Indian court’s call for a ban on the popular video app TikTok will hurt free speech rights, China’s Bytedance Technology Co has said in a request for the Supreme Court to quash the directive.

Bytedance is one of the world’s most valuable start-ups and its TikTok app lets users create and share short videos with special effects. It has become popular in rural India, where most of a population of 1.3 billion lives.

TikTok, whose video-only interface makes it easier to use than platforms such as Facebook or Twitter, has been downloaded more than 240 million times in India, says app analytics firm Sensor Tower.

A ban “amounts to curtailing of the rights of the citizens of India…who have been using the platform everyday to express themselves and create content,” the company said in a court filing reviewed by Reuters, asking for the order to be quashed.

The company’s Monday filing is not public and has not previously been reported. The Supreme Court has set next Monday for a hearing.

Bytedance did not respond to a request for comment. India’s information technology ministry also did not respond.

Last week, a court in the southern state of Tamil Nadu asked the federal government to ban TikTok, saying it encouraged pornography and made child users vulnerable to sexual predators.

TikTok’s inappropriate content was a dangerous aspect of the app, it added.

Jokes, clips and footage related to India’s movie industry dominate the platform, along with videos in which young people, sometimes scantily clad, lip-sync and dance to music.

Bytedance said users flagged only a tiny proportion of TikTok videos, showing that a “very minuscule” proportion of its content was considered inappropriate or obscene. TikTok was primarily used to circulate amusing videos, it added.

It also argued that it could not be held liable for content posted by users.

Some of TikTok’s content was “unbearable”, M. Manikandan, the minister for information technology in Tamil Nadu told Reuters in February, and a Hindu nationalist group close to the ruling Bharatiya Janata Party (BJP) has also called for a ban.

In its filing, the company said TikTok had experienced immense success in India, which fueled controversy. Bytedance employs more than 250 people in India and plans more investment as it expands the business, it added.

The BJP is tracking conversations on TikTok, the party’s information technology chief, Amit Malviya, has previously told Reuters, calling it a brilliant medium for creative expression.

(Reporting by Aditya Kalra and Munsif Vengattil; Additional reporting by Suchitra Mohanty and Sudarshan Vardhan; Editing by Sanjeev Miglani and Clarence Fernandez)

Source: OANN

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Officers confront armed driver on Atlanta-area freeway

More than a dozen police officers with guns drawn filled four lanes of a freeway near Atlanta, bringing Friday morning traffic to a standstill as they confronted an armed motorist.

Marietta police said a driver stopped on the freeway was armed and not cooperating with officers.

Police spokesman Chuck McPhilamy told reporters a robbery had occurred in the area of a Walmart a few miles away and officers spotted a car matching the description.

"He pulled over to the side of the interstate and then refused to exit the vehicle," McPhilamy said.

The southbound lanes of Interstate 75 were shut down just northwest of Atlanta.

"We had to do that for everyone's safety," McPhilamy said, as police used a telephone line to conduct an "off-and-on negotiation" with the motorist.

News photos showed an officer with a scoped rifle perched atop an armored vehicle and staring down at the suspect as police tried to resolve the situation.

No injuries were immediately reported.

Traffic was backed up for miles. The standoff comes on a particularly busy day on Atlanta highways as people are traveling through the city on their way to spring break destinations.

The situation was unfolding near SunTrust Park, the home of the Atlanta Braves, but no game was planned Friday.

Source: Fox News National

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German teen on trial for killing boy over refused advances

A German teenager has gone on trial for the fatal strangling of another boy who allegedly refused his advances.

German news agency dpa reported that the trial opened on Thursday with the defendant's lawyer reading a statement in which the 15-year-old acknowledged responsibility for the 16-year-old victim's death.

Prosecutors accuse the teen of strangling the older but weaker boy after they agreed to meet in a wooded area last October.

The killing prompted widespread shock in Germany.

The teenager on trial hasn't been named due to his age. He faces a prison sentence of up to 10 years if he is convicted of manslaughter. A verdict is expected in June.

Source: Fox News World

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Google faces third EU antitrust fine next week: source

FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich
FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. REUTERS/Arnd Wiegmann/File Photo

March 15, 2019

By Foo Yun Chee

BRUSSELS (Reuters) – Alphabet unit Google is likely to be hit with a third EU antitrust fine next week related to its AdSense advertising service, a person familiar with the matter said on Friday, with the sanction expected to be much smaller than previous fines.

The European Commission in 2016 opened a third case against the world’s most popular internet search engine by accusing Google of preventing third parties using its AdSense product from displaying search advertisements from Google’s competitors.

It said that Google, which at that time had held 80 percent of the European market for search advertising intermediation over the previous ten years, had kept its anti-competitive practices for a decade.

In response, Google changed the conditions in its AdSense contracts with large third parties, giving them more leeway to display competing search ads.

European Competition Commissioner Margrethe Vestager earlier this month told reporters that she was finalizing the case.

The Commission on Friday declined to comment on the timing of the AdSense decision. Google did not immediately respond to a request for comment.

The Financial Times earlier reported on next week’s European Union antitrust fine.

Last year, Vestager slapped a record 4.34 billion euro ($4.91 billion) fine on Google for using its popular Android mobile operating system to block rivals.

That following a 2.4 billion euro fine imposed on the company in 2017 for blocking rivals of shopping comparison websites.

The AdSense case may not be end of Google’s EU antitrust woes.

EU antitrust enforcers have asked Google’s rivals if it unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case.

Online mapping services and others could also soon be in the spotlight.

(Reporting by Foo Yun Chee; Editing by Jan Harvey)

Source: OANN

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Futures slightly higher ahead of inflation data

Traders work on the floor of the NYSE in New York
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid

March 12, 2019

By Amy Caren Daniel

(Reuters) – U.S. stock index futures inched higher on Tuesday, taking cues from global stocks which rose after last-minute tweaks to Britain’s deal to leave the European Union that eased some fears of a no-deal Brexit, and as investors waited for inflation data.

European Commission head Jean-Claude Juncker said he agreed to an updated Brexit deal with British Prime Minister Theresa May to make the agreement more palatable to UK lawmakers but warned they would not get a third chance to endorse it.

The S&P 500 index has risen nearly 19 percent off its December lows, when markets were roiled by concerns of Sino-U.S. trade frictions, slowing economic growth and uncertainty about Brexit.

A reduced likelihood of crashing out of the EU with no Brexit deal helped inject some appetite for riskier assets, potentially eliminating one of the three major concerns of global investors.

British lawmakers who rejected May’s withdrawal agreement in January are due to vote on the Brexit deal again at around 3:00 p.m. ET (1900 GMT).

Boeing Co fell 2.1 percent, extending a fall from the previous session after many airlines grounded the company’s best-selling line of jets after a second fatal crash in just five months.

Boeing as well as Coca-Cola Co’s fall in pre-market trading pressured the Dow futures.

The world’s largest planemaker, which is the best performing Dow component this year by a wide margin, fell as much as 13.4 percent on Monday and weighed on the Dow Jones Industrial average.

However the blue-chip Dow pared losses, and all three indexes ended Monday higher boosted by a tech-led rally. Wall Street had posted five straight sessions of declines in the previous week, their biggest fall since 2018-end.

At 6:38 a.m. ET, Dow e-minis were down 29 points, or 0.11 percent. S&P 500 e-minis were up 1.75 points, or 0.06 percent and Nasdaq 100 e-minis were up 12 points, or 0.17 percent.

Coca-Cola dipped 0.3 percent after HSBC downgraded the soda maker’s stock.

On the economic front, the Labor Department is expected to show that the seasonally adjusted consumer price index (CPI) rose 0.2 percent in February, after remaining unchanged for a third straight month in January.

Core CPI is seen increasing 2.2 percent year-on-year, unchanged from January. The report is due at 8:30 a.m. ET.

(Reporting by Amy Caren Daniel and Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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Arrests announced in murder-for-hire plot that officials say killed wrong person

A 17-year-old girl and two men have been arrested by Washington state authorities in a murder-for-hire plot in which a 24-year-old woman was killed two years ago -- even though authorities say she wasn't the intended target.

Alisha Canales-McGuire was shot to death in the early morning hours on Sept. 20, 2017 in Everet, the Snohomish County Sheriff’s Office said Monday. Her body was found in the doorway.

“She had been staying at her sister’s home and it is believed her sister, who was out of town at the time, was the intended target of the murder-for-hire by her ex-husband,” the news release says.

 'JOE EXOTIC,' OKLAHOMA ZOOKEEPER WHO RAN FOR GOVERNOR, IS CONVICTED IN MURDER-FOR-HIRE PLOT

The sheriff’s office announced that the ex-husband, Kevin Lewis, 31, his cousin, Jerradon Phelps, 19, and the female teen, who was not identified because of her age, are facing murder charges after their arrests.

Lewis stands accused of offering Phelps and the girl $2,400 to kill his ex-wife, the Everett News Herald reported.

Currently, Lewis is behind bars, doing a stretch for beating his wife when they were together, the paper reported.

Cell phone records show Phelps and the girl driving from Spokane to Everett in the hours before Canales-McGuire was killed, according to the sheriff’s office news release.

WYOMING MAN RECALLS EX-WIFE'S ATTEMPT TO HIRE A HITMAN IN NEW DOC: 'I DON'T THINK SHE HAS REMORSE'

It says that a few hours after the murder, Phelps posted photos on social media “showing off several hundred dollar bills.”

Investigators on the case got a break last summer, KING-TV reported.

"Patrol received a phone call from somebody in the Spokane area who said she had been at a social gathering and a young woman there claimed she had been hired to kill someone in Snohomish County," the sheriff office’s Shari Ireton told the station.

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Canales-McGuire's uncle, Bernie Cline, told the News-Herald that the family was relieved to learn about the arrests, “even though it doesn’t bring her back.”

Source: Fox News National

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Chinese delegation to visit Argentina to discuss stalled nuclear deal: government source

FILE PHOTO: Argentina's President Macri and his Chinese counterpart Xi take part in a meeting during the Nuclear Security Summit in Washington
FILE PHOTO: Argentina's President Mauricio Macri (3rd L) and his Chinese counterpart Xi Jinping (R) take part in a meeting during the Nuclear Security Summit in Washington April 1, 2016. Argentine Presidency/Handout via Reuters ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES. NO ARCHIVE.

March 15, 2019

By Cassandra Garrison

BUENOS AIRES (Reuters) – A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling potential progress in a deal that could increase Beijing’s deepening influence in the South American nation.

An Argentine government source told Reuters this week the “technical team” from China would meet with local suppliers about the long-stalled nuclear power plant project, reportedly worth up to $8 billion.

Argentina had hoped to announce an agreement on China-financed construction of Atucha III, as it has been referred to in the past, during a state visit by Chinese President Xi Jinping after November’s G20 summit in Buenos Aires.

But the deal failed to emerge then, and in January Argentina’s nuclear energy undersecretary, Julian Gadano, and the ambassador to China, Diego Guelar, met with officials in Beijing for talks about the project, the government source said.

A second government source, in the foreign ministry, said talks about the nuclear plant with China were ongoing but added that there had been no “concrete progress” toward signing a deal.

If finalized, the nuclear plant would be one of the biggest projects financed in Argentina by China, which has become a key trading partner for Argentina and its biggest non-institutional lender.

The Chinese embassy in Buenos Aires did not respond to requests for comment and China National Nuclear Corporation, a state-owned nuclear firm that has held talks previously about building nuclear plants in Argentina, declined to comment.

A press officer in Argentina’s nuclear affairs department, which operates under the foreign ministry, said he was unaware of the delegation’s visit.

The power plant deal was first negotiated under the administration of former President Cristina Fernandez, a left-wing populist who left office in 2015 after striking a number of deals with China.

When Argentina signed a $56.3 billion financing deal with the International Monetary Fund to rescue its troubled economy last year, U.S. President Donald Trump voiced his support for the plan and the leadership of center-right President Mauricio Macri.

Marci, like right-wing President Jair Bolsonaro in neighboring Brazil, took a tough stance against China on the campaign trail, saying he would review some of the deals Fernandez had made with the country.

But China has emerged as a critical trading partner, investor and financier for the U.S. allies nonetheless, as part of its long-running push into Latin America.

(Reporting by Cassandra Garrison; Editing by Tom Brown)

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)

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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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