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Virus attacks Spain’s defense intranet, foreign state suspected: paper

FILE PHOTO: Projection of cyber code on hooded man is pictured in this illustration picture
FILE PHOTO: A projection of cyber code on a hooded man is pictured in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel//File Photo

March 26, 2019

MADRID (Reuters) – A computer virus infected the Spanish Defence Ministry’s intranet this month with the aim of stealing high tech military secrets, El País newspaper said on Tuesday, citing sources leading the investigation as suspecting a foreign power behind the cyberattack.

A Defence Ministry spokesman said the ministry would not comment.

El País said the virus was apparently introduced via email and was first spotted at the beginning of March. However, it could have gone undetected for months in an intranet with more than 50,000 users.

Although the network does not carry classified information, the paper said its sources were concerned about a wider infection to other networks with the purpose of accessing information related to secret military technology.

The investigation had yet to determine who was responsible for the cyberattack, but sources told El País it was too technically complex to be done by standard hackers. “There is a state behind it,” they said.

(Reporting by Jose Elias Rodriguez; Editing by Axel Bugge and Frances Kerry)

Source: OANN

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Florida agency probes video of Maryland man tackling bird

The Florida Fish and Wildlife Conservation Commission is working to determine what charges might be appropriate to bring against a Maryland man who was videotaped tackling a federally protected pelican.

The Baltimore Sun reports Hunter Hardesty, of Davidsonville, posted the video of the apparent attack online on Thursday. Commission officer and spokesman Bobby Dube says Hardesty enticed the pelican and then jumped on it. He says authorities are considering possible animal cruelty charges.

The video shows Hardesty learning over the water near the edge of a harbor that's geotagged to the Florida Keys. It shows him then jumping off the harbor and landing on top of the pelican, launching a scuffle punctuated by the laughter of onlookers.

The bird then slapped Hardesty across the face with its beak and fled.

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Information from: The Baltimore Sun, http://www.baltimoresun.com

Source: Fox News National

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The Latest: Expert matches bullet in Rose to officer's gun

The Latest on the homicide trial of a white Pennsylvania police officer in the shooting of an unarmed black 17-year-old (all times local):

11:40 a.m.

A firearms analyst has matched one of the bullets recovered from the body of Antwon Rose II body to a gun fired by the white police officer who's on trial in the teenager's death.

Raymond Everett works for the Allegheny County medical examiner's office.

He testified Thursday at the homicide trial of former East Pittsburgh Police Officer Michael Rosfeld, who fired three bullets into Rose after pulling over a car suspected to have been involved in a drive-by shooting minutes earlier.

The unarmed black 17-year-old had been a passenger in the car.

Rosfeld's lawyers say the shooting was justified.

Everett told jurors that two guns with extended magazines were recovered from the car.

The prosecution is expected to rest its case shortly.

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10 a.m.

Prosecutors are expected to wrap up their case against a white former East Pittsburgh police officer charged in the fatal shooting of an unarmed black teenager.

Michael Rosfeld's trial continues Thursday for a third day in a Pittsburgh courtroom.

Rosfeld fired three bullets into 17-year-old Antwon Rose II in June after pulling over an unlicensed taxicab suspected to have been used in a drive-by shooting minutes earlier. Rose was a front-seat passenger in the cab and was shot as he fled.

After prosecutors rest their case, the defense is expected to call an expert witness on the use of deadly force.

In his opening statement earlier this week, defense attorney Patrick Thomassey said the area where the shooting happened is a high-crime area. He told jurors Rosfeld was "a policeman who did his duty."

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3 a.m.

Prosecutors will call more witnesses to the stand in the trial of a white former East Pittsburgh police officer charged in the fatal shooting of an unarmed black teenager.

Michael Rosfeld's trial continues Thursday into its third day in a Pittsburgh courtroom.

The first two days of testimony included compelling statements from witnesses and neighbors, one of whom said he heard Rosfeld panicking, repeatedly saying "I don't know why I shot him. I don't know why I fired."

Rosfeld fired three bullets into 17-year-old Antwon Rose II after pulling over an unlicensed taxicab suspected to have been used in a drive-by shooting minutes earlier. Rose was a front-seat passenger in the cab and was shot as he fled.

The trial is expected to take a week or more.

Source: Fox News National

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Commemorative Tokyo 2020 stamps go on sale

Japan Post Co. Ltd. chief stamp designer Akira Tamaki shows off the sheets of commemorative stamps for Tokyo 2020 Olympic and Paralympic Games in Tokyo
Japan Post Co. Ltd. chief stamp designer Akira Tamaki, shows off the sheets of commemorative stamps for Tokyo 2020 Olympic and Paralympic Games, featuring the Olympic and Paralympic mascots Miraitowa and Someity as well as an image of the new Olympic Stadium, in Tokyo, Japan March 5, 2019. Picture taken March 5, 2019. REUTERS/Issei Kato

March 12, 2019

By Jack Tarrant

TOKYO (Reuters) – Stamps celebrating next year’s Tokyo 2020 Olympic and Paralympic Games went on sale on Tuesday, 500 days before the start of the summer showpiece.

The stamps, released by Japan Post Co., feature the Olympic and Paralympic mascots Miraitowa and Someity as well as an image of the new Olympic Stadium, which is still under construction.

One million sheets of 10 stamps are on sale, priced at 920 yen ($8.26), which includes a donation of 100 yen towards preparations for the Games.

Dozens queued outside the main post office near Tokyo station to get their hands on the special stamps.

“Each stamp has 10 yen donation to operations for the Olympic and Paralympic Games in Tokyo 2020 so I would like to contribute to the Games even if a small amount,” said 77-year-old Masaki Nakamura at Tokyo station.

“I like the mascots,” said Yu Anami, who had come to the station early to get her hands on the stamps.

“I think that there are few stamps with illustrated designs so this would be a good memorial item.”   

The designer of the stamps, Akira Tamaki, said he had taken inspiration from the commemorative stamps made for the 1964 Tokyo Olympics and Paralympics, when Japan last held the Summer Games.

“What we wish is to design and produce a stamp to be proud of as Japan-made because whole world is looking forward to it,” Tamaki told Reuters before the stamps went on sale.

“I was inspired not by the (1964) stamp design itself but rather by the fact that it was a national project and people were all excited for it.

“I saw the power of the era and I believe that is something I should strongly sense and inherit.”

In 1964, the Games provided the city with the opportunity to rebranding and shake off a war-ravaged reputation and show a modern face to the world.

This time, the legacy is likely to be more intangible but Japan Post hope the stamps can further ramp up enthusiasm for the Games.

“This will be the second Olympics hosted by this country,” said Shinoda Atsushi, the executive in charge of stamp production at Japan Post.

“I hope Japan will enjoy the enthusiasm through the second Olympic games.

“It would be great if our stamps become a part of creating such an enthusiastic atmosphere.”

The Olympics begin in Tokyo on July 24 next year.

($1 = 111.3900 yen)

(Reporting by Jack Tarrant; additional reporting by Masashi Kato; editing by Sudipto Ganguly)

Source: OANN

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Euronext extends period for Oslo Bors offer, terms unchanged

The logo of stock market operator Euronext is seen on a building in the financial district of la Defense in Courbevoie
FILE PHOTO: The logo of stock market operator Euronext is seen on a building in the financial district of la Defense in Courbevoie, near Paris, France, May 14, 2018. REUTERS/Charles Platiau

March 11, 2019

PARIS (Reuters) – Pan-European stock market operator Euronext on Monday extended its offer for Oslo Bors, while keeping the terms unchanged, as its battle with Nasdaq for the control of Norway’s stock market operator escalates.

Euronext extended its offer, which had been due to expire on March 11, until April 1 at 6 pm, Central European time. It added that the terms of its offer of 158 Norwegian crowns per Oslo Bors share were unchanged.

New York-based stock market operator Nasdaq had matched Euronext’s price last week. The offers value Oslo Bors at around 6.8 billion Norwegian crowns ($782.9 million).

Oslo Bors, one of the last independent stock market operator, is in the middle of a takeover battle since late December, when Euronext made the first move.

(Reporting by Sudip Kar-Gupta; Editing by Inti Landauro)

Source: OANN

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Your Money: Pay yourself first? Last is how small biz often works

An employee of a bank counts US dollar notes at a branch in Hanoi
FILE PHOTO - An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham

March 12, 2019

By Beth Pinsker

NEW YORK (Reuters) – Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay – if they are taking any at all.

About a quarter of these entrepreneurs go two to six months without pay, and another quarter have gone more than six months without salary, according to a recent survey from Kabbage (http://kabbage.com), a cash flow optimization platform.

The small business payroll servicer Gusto (http://gusto.com) finds even more ups and down for its clients. Data on 449 owners shared exclusively with Reuters show that only a handful pulled any paycheck at all in 2018, and the size of the checks varied greatly, with the highest amounts taken in summer.

Average pay chart: https://tmsnrt.rs/2NWSnsR

The biggest month for an owner’s draw in 2018 was December, with 73 business owners taking checks, and a median check of $5,944, according to Gusto spokesman Rick Chen. The lowest draws were in January, with just 26 owners taking pay, for an average of just $1,991.

“It’s tough. People have to budget,” said Mike Savage, a certified public accountant (CPA) and chief executive officer of 1-800Accountant (http://1800accountant.com), which offers financial services to small business owners. “We encourage people to budget accordingly – plan for the worst and hope for the best.”

GETTING BY

Tony Hernandez, owner of Cienfuegos Cuban Cafe in Simi Valley, California, is among those who have not taken a paycheck at all.

Since he started his food business over three years ago, he has earned tips, but otherwise it all goes back into the business. Some expenses, like his car and gas, get billed through the company. His wife’s job covers living costs and provides health insurance for them and their two kids.

“I don’t know how else I would be able to do something like this without my wife,” said Hernandez, 46.

For Hernandez, long-term planning is less about retirement than about expanding to a second location, with the ultimate dream of a stall at the Los Angeles airport.

“The way I look at my business is: I’m fully invested in this to make it work. That’s investing in my retirement,” said Hernandez.

What keeps Joanne Sonenshine up at night has been the inability to plan. The 42-year-old runs a partnership advisory company in Washington called Connective Impact that helps connect companies to investments with social impact. She regularly takes a salary, but often has to pause it, depending on when clients pay.

The partial U.S. government shutdown at the beginning of the year was particularly crippling, because many of her clients depend on federal funding. Two big contracts disappeared suddenly.

“A huge amount of money went up in smoke. I can’t catch up with that,” said Sonenshine. “You start to worry if you can make it. There’s the fear of failure, the fear of letting your family down. What happens if I can’t pay my taxes? Will the IRS come after me?”

NEW TAX LAW

This is, indeed, a daunting year for small business taxes. The Tax Cuts & Job Acts passed in 2017 created a new 20 percent deduction for individuals earning business income – but the fine print is complicated. Those paying quarterly taxes in 2018 before all the rules were sorted out may have to make adjustments. That is on top of the difficulty of figuring out quarterly tax payments on fluctuating income.

“With the new tax law, there’s even more incentive for the self-employed entrepreneur to pay themselves less,” said Savage, because they will avoid payroll taxes and other withholdings and boost their deduction.

While more careful cash management may help control the symptoms, this may be one problem for which there is no cure. Most businesses run on small margins, and they are always expanding so as not to stagnate.

“We’ll always been chasing our tails, in effect,” said Rich Patterson, who runs his own marketing company that makes custom products in Vancouver, Canada.

Patterson, 48, had to pause his pay over the summer, when there was a worrisome lag. “I watch the sales figure really closely, and I knew we were having a good year. It didn’t seem to match up why we were having cash flow problems,” Patterson said.

The choice became paying himself and contributing to retirement or paying his staff. “Honestly, it’s just not possible to pay yourself first,” Patterson said. “I wouldn’t be able to sleep at night if other people are losing out.”

(Editing by Lauren Young and Jonathan Oatis)

Source: OANN

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Florida cops surprise man with new bike after his ‘only mode of transportation’ was stolen

A Florida resident had his only mode of transportation stolen — so two police officers got him a new one.

Cape Coral field training officer Ken Cody and officer trainee Guang Song received praise after they bought a “brand spankin’ new” bike for a man identified only as Robert, who had reported his bike stolen from a Winn-Dixie supermarket in south Cape Coral.

The officers didn’t want Robert, said to be in his 80s, to lose his only mode of transportation, so they went to a local Walmart and bought him a replacement.

The officer’s body camera video shows the men delivering the new bike to Robert at his home.

“Is this a new one, here?” Robert asks the officers before testing out the bike.

GOOD SAMARITANS RESCUE WOMAN FROM BURNING CAR IN LOUISIANA

The officers are seen helping Robert adjust the seat, showing him the bike's features and giving him a new lock with a key to ensure his new ride isn't stolen.

“I’m still going to try and figure out who stole your other bike,” the officer tells Robert, who responds, “I understand these things take time.”

“Take it for a ride, Robert!” the officers say.

As the officers were leaving, a man who saw the exchange then tells them: “You guys are the greatest in the world. I’m almost crying. God bless you.”

CLICK HERE FOR THE FOX NEWS APP

The Cape Coral Police Department posted the video on its Facebook page on Monday and the post received more than 13,000 views as of Wednesday. Police said they were still searching for the bike thief.

Source: Fox News National

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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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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