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Large brawl involving mostly teenagers at Worlds of Fun

Authorities say officers responded to a brawl involving up to 300 teenagers at the Worlds of Fun amusement park in Kansas City, Missouri.

Kansas City police say several law enforcement agencies were called to the park Saturday night when an off-duty Clay County sheriff's deputy reported several large fights involving mostly teenagers.

Kansas City police said Sunday that no injuries were reported and no one was arrested. But police said the Clay County Sheriff's Office issued some citations to people at the scene.

Worlds of Fun officials said in a written statement that local and park authorities broke up the altercation and removed those involved from the park.

Source: Fox News National

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Asia lifted as Wall Street climbs on trade developments, pound sags

FILE PHOTO: A videographer films an electronic board showing the Japan's Nikkei average and related indexes at the Tokyo Stock Exchange in Tokyo
FILE PHOTO: A videographer films an electronic board showing the Japan's Nikkei average (Top R) and related indexes at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, July 9, 2015. REUTERS/Yuya Shino/File Photo

April 1, 2019

By Shinichi Saoshiro

TOKYO (Reuters) – Asian stocks rose on Monday, as signs of progress in U.S.-China trade talks and firmer Wall Street shares supported sentiment, although another defeat for British Prime Minister Theresa May’s proposed Brexit deal added to the pound’s recent woes.

The markets also took heart after data released on Sunday showed factory activity in China unexpectedly grew for the first time in four months in March, suggesting government stimulus measures may be starting to have an impact.

If sustained, the improvement in business conditions could indicate that manufacturing is on a path to recovery, easing fears that China could slip into a sharper economic downturn.

MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.35 percent.

Australian stocks climbed 0.85 percent, South Korea’s KOSPI gained 1.1 percent and Japan’s Nikkei advanced 1.6 percent.

Stocks in Asia took cues from Wall Street, with the S&P 500 posting its best quarterly gain in a decade on Friday amid trade optimism. [.N]

(Graphic: Asian stock markets – https://tmsnrt.rs/2zpUAr4)

The United States and China said they made progress in trade talks that concluded on Friday in Beijing, with Washington saying the negotiations were “candid and constructive” as the world’s two largest economies try to resolve their drawn out trade war.

“The ongoing U.S.-China trade conflict has provided a steady stream of conflicting signals for the markets. But as a whole the negotiations appear to be headed toward a conclusion,” said Soichiro Monji, senior strategist at Sumitomo Mitsui DS Asset Management.

“Hopes that the United States and China would reach an agreement on trade as early as this month are enabling stocks to begin the first quarter on a positive tone.”

In the currency market, the dollar index against a basket of six major currencies was little changed at 97.223 after going as high as 97.341 on Friday, its strongest since March 11.

The greenback had benefited from the flagging pound, which was on track to post its fourth day of losses in the wake of the ongoing Brexit saga.

Sterling took its latest knock after British lawmakers rejected Prime Minister May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving the country’s withdrawal from the European Union in turmoil.

The pound was down 0.1 percent at $1.3021.

The euro was a touch higher at $1.1223 while the dollar edged up 0.15 percent to 111.00 yen.

Safe-haven government bonds retreated as risk aversion in the broader markets eased.

The benchmark 10-year U.S. Treasury yield edged up to a six-day high of 2.433 percent, pulling away from a 15-month low of 2.340 percent brushed on March 25.

The Treasury 10-year yield had sunk to the 15-month low as risk aversion driven by concerns toward a global economic slowdown gripped the financial markets toward the end of March.

Crude oil prices added to Friday’s gains, with U.S. West Texas Intermediate (WTI) futures gaining 0.47 percent to $67.90 per barrel.

Oil prices posted their biggest quarterly rise in a decade during the January-March, as U.S. sanctions against Iran and Venezuela as well as OPEC-led supply cuts overshadowed concerns over a slowing global economy. [O/R]

(Editing by Sam Holmes)

Source: OANN

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Without vaccine, hundreds of children die in Madagascar measles outbreak

Malagasy fisherman Dada holds a photo of three siblings who died of measles one week apart in Fort Dauphin
Malagasy fisherman Dada holds a photo of three cousins who died of measles one week apart in Fort Dauphin, Madagascar February 28, 2019.

March 11, 2019

By Lova Rabary

ANTANANARIVO (Reuters) – Two months ago, giggles floated through the home of fisherman Dada as his four-year-old son played ball outside with his two younger cousins on one of Madagascar’s famed sun soaked beaches.

A few weeks later, all three children were dead, victims of the worst measles outbreak on the Indian Ocean island in decades.

Measles cases are on the rise globally, including in wealthy nations such as the United States and Germany, where some parents shun life-saving vaccines due to false theories suggesting links between childhood immunizations and autism.

In Madagascar, one of the world’s poorest countries, parents are desperate to vaccinate their children, many trudging for miles to get to clinics for shots. But there are not enough vaccines, the health ministry says, and many people are too poor to afford them.

Fisherman Dada – like many Malagasy, he only uses one name – had taken his son Limberaza to be vaccinated once already in their home in the southern district of Fort Dauphin.

But a second-dose booster shot cost $15 at a clinic – and the whole family survives on less than $2 a day – so he took the boy to a back-street doctor instead.

“I could not afford to take him to the hospital,” Dada said quietly as his young wife silently held Limberaza’s two-year-old brother.

In January, Limberaza began to cough. A rash followed. After a week, he died, his body afire with fever.

By then Dada’s niece, three-year-old Martina, was also sick. Her weeping mother Martine stroked her face as her fever spiked.

She died eight days later.

That evening, his other sister Pela’s three-year-old son Mario died as she clutched his hands.

“They were so full of life,” Dada said, his voice breaking.

The three cousins are among the almost 1,000 people, mostly children, who have died from measles in Madagascar since October.

Their deaths show the grim reality for those left unprotected from one of the world’s most contagious diseases. The virus, which can cause blindness, pneumonia, brain swelling and death, is able to survive for up to two hours in the air after a cough or sneeze, where it can easily infect people nearby.

Even though there is a highly effective vaccine, globally, around 110,000 people died from measles in 2017, according to the World Health Organization (WHO). Most, like Limberaza and his cousins, were children under the age of five.

SHOTS FOR LIFE

During 2000 to 2017, the WHO estimates that widespread use of measles vaccinations prevented 21.1 million deaths – making the shots one of what the United Nations’ health agency calls the “best buys in public health.”

Yet misinformation is knocking confidence in the safety of vaccinations and has jeopardized progress against measles – allowing the disease to gain a hold again in places where it was considered almost beaten.

Europe last year saw its highest level of measles cases in a decade, and in January, the WHO named “vaccine hesitancy” – the reluctance or refusal to vaccinate – as one of the top ten global health threats for 2019.

In Madagascar, poverty is a bigger risk. While wealthy tourists flock to its rainforests to spot wide-eyed lemurs and business people bargain for its luminous sapphires and fragrant vanilla, nearly half of Madagascar’s children are malnourished, the highest rate in Africa.

The former French colony has been battered by decades of coups and instability. Foreign aid plummeted after a 2009 coup sparked bitter political street fighting. Corrupt leaders ignored the crumbling healthcare system despite frequent outbreaks of plague, hemorrhagic fevers and deadly viruses.

Measles is endemic on the island but the last vaccination drive was in 2004. Nearly two-thirds of children have not been vaccinated, according to the WHO and coverage needs to be around 95 percent to prevent the virus spreading in communities.

The country is $3 million short of the $7 million needed for enough measles vaccines to cover its population, the WHO said last month.

There are other hurdles. The vaccines must be kept cold, but less than 15 percent of people in Madagascar have electricity. Roads are mostly mud in the tropical country; journeys are arduous and expensive.

At least 922 people – mostly children – have died of measles in Madagascar since October, the WHO says, despite an emergency program that has vaccinated 2.2 million of the 26 million population so far.

Some of those, like Limberaza, had previously been vaccinated but had only received one shot, and still needed a second booster jab. Madagascar hopes to roll out a free routine two-dose vaccination program this year. Currently, the first shot is free but the booster is not.

    

OBSTACLE COURSE

Despite the difficulties, some parents walk miles seeking shots, said Jean Benoît Mahnes, deputy representative for the United Nations Children’s Fund in Madagascar. But they often arrive to find the clinic closed, or a doctor with no vaccine, or a vaccine that has expired.

“Vaccinating a child can be a real obstacle course here,” he said.

Lydia Rahariseheno, 33, said she had to walk an hour and a half to a clinic along a road plagued by robbers to get her three children vaccinated. She has only managed to get one shot so far because the doctor is often not there.

The health system’s failures mean poverty-stricken parents often take sick children to traditional healers who prescribe a herb, tingotingo, which is boiled and given to them to drink.

The children are only brought to a hospital when their condition deteriorates, said Manitra Rakotoarivony, director of health promotion at the Ministry of Public Health.

Limberaza’s father hoped a second, cheaper shot would protect him – but it didn’t. His cousins Mario and Martine weren’t vaccinated at all.

Now the family is desperate to protect their remaining children.

“We did not expect the failure to vaccinate him would kill him,” wept Pela, Mario’s mother. “My other child, for sure, I am going to take him to get vaccinated.”

(Additional reporting by Kate Kelland in London; writing by Katharine Houreld; editing by Carmel Crimmins)

Source: OANN

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Trump says U.S. doing well in trade talks with China

The Governors' Ball at the White House
FILE PHOTO: U.S. President Donald Trump speaks on U.S. and China trade negotiations at the Governors' Ball, in the State Dining Room of the White House, in Washington, U.S., February 24, 2019. REUTERS/Al Drago

March 14, 2019

WASHINGTON (Reuters) – President Donald Trump said on Thursday the United States was doing very well in trade talks with China, but that he could not say whether a final deal would be reached.

“We’re doing very well with China talks,” Trump told reporters at the White House as he sat down to meet Irish Prime Minister Leo Varadkar. “We’re getting what we have to get, and I think we’re getting it relatively quickly.”

“As to whether or not we’ll strike a final deal, that I would never want to say,” he added. “If it’s not a deal that’s a great deal for us, we’re not going to make it.”

Trump decided last month not to increase tariffs on Chinese goods at the beginning of March, giving a nod to the success of negotiations so far. But hurdles remain.

He and Chinese President Xi Jinping had been expected to hold a summit at the president’s Mar-a-Lago property in Florida later this month, but no date has been set and no in-person talks between their trade teams have been held in more than two weeks.

Bloomberg, citing unnamed sources, reported on Thursday that a meeting between the two was more likely to take place in April at the earliest, while a person familiar with the matter told Reuters there “were rumblings” about a possible meeting late next month.

(Reporting by Jeff Mason; writing by Tim Ahmann)

Source: OANN

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Corvex’s Meister likes Diamondback Energy after it bought Energen

FILE PHOTO: Keith Meister, Managing Partner and Chief Investment Officer of Corvex Management, speaks during the Sohn Investment Conference in New York City
FILE PHOTO: Keith Meister, Managing Partner and Chief Investment Officer of Corvex Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File Photo

April 16, 2019

BOSTON (Reuters) – Hedge fund manager Keith Meister on Tuesday named energy company Diamondback Energy Inc. as one of Corvex Management’s top investment ideas after the company bought a rival last year.

“We think there is lots of value,” Meister said about the company at the 13D Monitor Active-Passive Summit, adding that he expects the management team will do all the right things to boost returns.

“It is a clean and easy story” for investors to buy energy stocks, Meister said, days after a industry player Chevron announced plans to buy rival Anadarko. “I think there is going to be a lot of activity,” Meister said, noting that the pace of takeovers in the energy sector is likely not over yet.

(Reporting by Svea Herbst-Bayliss; Editing by Chizu Nomiyama)

Source: OANN

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Venezuela opposition leader's wife welcomed at White House

WASHINGTON -- The wife of Venezuelan opposition leader Juan Guaido was welcomed Wednesday at the White House as she rallies international support for the ouster of President Nicolas Maduro.

President Donald Trump and Vice President Mike Pence lavished praise on Fabiana Rosales, the wife of opposition leader Juan Guaido, who has emerged as a prominent figure in her husband's campaign to bring change to the crisis-wracked country.

"We are with Venezuela," the president said at the start of a meeting with Rosales and other opposition figures. "What's happening there should not be happening."

The United States was the first nation to recognize Guaido as interim president, asserting that Maduro's re-election last year was illegitimate, and has stepped up sanctions and other diplomatic measures in hopes of forcing him to give up power.

Trump said the Venezuelan people have been through "unfathomable" trials under Maduro as food and medicine have become scarce, crime has soared and, more recently, blackouts have struck most of the country. An estimated 3 million people have fled, most to neighboring countries but thousands to the U.S. as well.

"Today, in Venezuela it is freedom or dictatorship, it is life or death," Rosales said at the start of the meeting. "It is the children who are paying the price."

Pence called on governments around the world to stop supporting the Maduro government, singling out Russia for its deployment of military forces to the country over the weekend.

"The United States views Russia's arrival of military planes this weekend as an unwelcome provocation and calls on Russia today to cease all support for the Maduro regime," the vice president said.

Russia's Foreign Ministry says it sent the personnel in accordance with the Venezuelan constitution and a bilateral agreement with the government there.

Among those at the White House meeting were the wife and sister of Roberto Marrero, a top aide to Guaido who was taken from his home in the middle of the night by masked agents last week. The government says he was the ringleader of a plot to bring hitmen from Central America to Venezuela to carry out assassinations.

Rosales was scheduled to meet later with members of Congress and will speak at a conference with the ambassador recognized by the Trump administration.

Source: Fox News Politics

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Phoenix woman accused of harassing man with 159K texts, threatening to turn his kidneys into sushi, says its ‘ridiculous’ she’s in jail

A Phoenix woman accused of harassing a man with more than 150,000 text messages -- in one, she threatened to turn his kidneys into sushi -- reportedly thinks its “ridiculous” that she’s been jailed for the alleged actions.

"I can't believe that it turned into this. I can't believe that I'm actually in jail over some text messages," Jacqueline Ades said in an interview with The Arizona Republic.

Ades reportedly met the unidentified Paradise Valley man via Luxy, a dating site for millionaires. The two went on one date, but Ades allegedly became infatuated and continued to pursue him. However, the man, said to be the CEO of a skin care products company, was not interested in a relationship.

He reportedly called police in July 2017 when he discovered Ades parked outside his home. After the call, Ades allegedly started sending him threatening texts including one that stated, “I’d wear ur [your] fascia n [and] the top o [of] fur skull n ur hands n feet,” according to The Arizona Republic.

“I’d make sushi outta ur kidneys and chopsticks outta ur hand bones,” another text read.

But in the recent interview with the outlet, Ades said she was just playing around.

"I said, 'If I had a perverted imagination, what would I think?'" Ades said. "And then I wrote all these weird things. Just, like, I was literally playing with my imagination and it turned out that that scared him."

Ades has been in a Maricopa County jail for nearly a year following the initial allegations. She’s pleaded not guilty to criminal trespassing and stalking, but in March was determined to be mentally incompetent during a Rule 11 hearing to evaluate her mental status.

She told The Arizona Republic that she was eager to go to trial, adding that she was not only confident that she would be freed, but that she'd also be reunited with the man.

"They're going to say, 'You're not guilty and on top of it we, like, demand that you two get married,'" Ades said of the jury.

CLICK HERE TO GET THE FOX NEWS APP

In the interview, she also claimed to have once been kidnapped by Walt Disney. The deceased illustrator, she said, once flew a spaceship and was a member of the Illuminati.

"Does that sound crazy?" Ades asked. "It sounds like I'm crazy. My mom says, 'They're going to put you back in Rule 11 court if you go around telling people.' But this is a true story — I'm not lying."

A trial scheduled for early April was delayed, her lawyer said, in order to continue to work on restoring her mental competency. Ades will have a hearing next in the Maricopa County Superior Court on May 21.

Fox News' Kathleen Joyce contributed to this report

Source: Fox News National

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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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