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Aramco’s new bonds inch up in early trade: sources

FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference
FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

April 10, 2019

DUBAI (Reuters) – Saudi Aramco’s newly issued dollar-denominated bonds inched up on Wednesday, with longer-dated paper outperforming, sources familiar with the matter said.

The company on Tuesday issued $12 billion worth of paper, disappointing much of the over $100 billion in demand.

Of the five tranches, the $3 billion 30-year bonds were the best performers, up by slightly over 1 cent, the sources said, while shorter-dated paper made more modest gains.

The sources said there would be a clearer picture of the bonds’ performance once markets in London and New York open later on Wednesday.

(Reporting by Davide Barbuscia; Editing by Kirsten Donovan)

Source: OANN

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HSBC directors take pension cut after investor pressure

FILE PHOTO: FILE PHOTO - The HSBC bank logo is seen at their offices in the Canary Wharf financial district in London
FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo

April 12, 2019

BIRMINGHAM, England (Reuters) – HSBC’s three executive director board members have agreed a reduction in their pension allowance from 30 to 10 percent of base salary, following increasing scrutiny from investors and other stakeholders on overall executive pay.

New directors on the bank’s board will also see a reduction of cash in lieu of pension to 10 percent of salary, the bank announced at its annual shareholder meeting in Birmingham.

The bank’s move follows similar reductions in pension allowances at other major UK banks.

(Reporting By Lawrence White; editing by David Evans)

Source: OANN

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Body believed to be floating in Massachusetts marsh turns out to be mannequin

A frantic search for a body believed to be floating in a Massachusetts marsh on Monday ended with a sense of relief when it turned out to be a naked mannequin.

The Harwich Fire Department received a call Monday afternoon that someone had seen what appeared to be a person floating in the water off the Bells Neck Conservation Lands.

Several agencies – with a lot of equipment – responded to the wet marsh and began the frantic search and rescue.

“We have a standard response policy for a person in the water,” Harwich Fire Dept. Lt. Scott Tyldesley told Boston 25. “We automatically activate our dive team. In case they’re needed, they’re on the way.”

He said the marsh area was remote and tough to reach, so they deployed a small boat.

MARINE RUNNING BOSTON MARATHON FOR FALLEN COMRADES CRAWLS ACROSS FINISH LINE

At the scene, officers quickly spotted what looked like a person twisted in half in the water – but something didn’t seem right.

“The color of the skin just looked a bit off for a person,” Tyldesley said. “We followed the river out and quickly determined it was a case of mistaken identity.”

He said the fire department was glad no other calls were received at the time and the responders were able to use the incident as a training experience.

“Any chance you get to respond to a non-standard emergency is a great training exercise and for this to have it work so well that it wasn’t someone dead it was just a training mannequin -- so the mission was accomplished and everything went well and everyone came home uninjured," Tyldesley said.

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Boston 25 reported that charges could be filed for the cost of the response if they determined that the mannequin had been put in the marsh on purpose. The owner told the station that it had been stolen in January.

Source: Fox News National

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UK must take part in EU elections if Brexit delayed: Austrian negotiator

FILE PHOTO: Flags flutter outside the Houses of Parliament in London
FILE PHOTO: Flags flutter outside the Houses of Parliament, ahead of a Brexit vote, in London, Britain March 13, 2019. REUTERS/Tom Jacobs/File Photo

March 16, 2019

By Brenna Hughes Neghaiwi

ZURICH (Reuters) – Britain must take part in European parliamentary elections if its departure from the European Union is pushed back beyond July 1, Austria’s delegate to Brexit negotiations said in an interview published on Saturday.

British Prime Minister Theresa May is expected to head to Brussels next week to request a short delay to the exit process after the UK parliament on Thursday voted in favor of extending negotiations beyond the original March 29 deadline.

“We have to wait and see what the government in London actually proposes. If there is an extension beyond July 1, then in any event, the United Kingdom must vote in May for the European elections,” Austrian diplomat Gregor Schusterschitz said in an interview with Austrian newspaper Der Standard.

“The EU has never been the side in the negotiations that has rejected something for reasons of principle. This also applies to the question of the extension: it shouldn’t fail because of us.”

Several EU leaders have already said Britain must either have left before a new European Parliament is elected in May to take office in July or must hold its own EU election in order to avoid any legal challenge to the legitimacy of the legislature.

In the interview, Schusterschitz also said the EU might have been too soft on Britain and allowed it too long to conduct a largely domestic discussion, which involved less debate with the EU than it did internal political back-and-forth.

“Maybe we could have been more brutal sometimes,” he said. “We didn’t do that, and so we probably allowed British politics too long to fool around – and not face the really difficult questions, which are being discussed now, much earlier.”

(Reporting by Brenna Hughes Neghaiwi; Editing by Mark Potter)

Source: OANN

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French carmaker PSA launches Citroen C5 Aircross SUV in India

Paris Auto Show
The new Citroen C5 Aircross SUV is pictured during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Benoit Tessier

April 3, 2019

(Reuters) – PSA Group on Wednesday launched its Citroen C5 Aircross SUV in India and said it would be available before the end of 2020, as the French carmaker re-enters the Indian market to expand beyond Europe.

The SUV is the first product from the Citroen brand aimed at the Indian market and the company plans one new launch every year from 2021 after the flagship vehicle.

Paris-based PSA, known for its legacy Peugeot, Citroen and DS brands said in February it would launch the Citroen brand in India as it pursues a 50 percent group sales increase outside its home region by 2021.

To expand internationally, PSA is also relying on the Opel re-launch in Russia and the Peugeot comeback in the U.S. market.

PSA already has a presence in India through its “Push to Pass” plan, which began in 2017 with two joint ventures with New Delhi-based conglomerate CK Birla Group, both of which are based out of Tamil Nadu.

The partnerships focus on the assembly and distribution of cars and the manufacture and supply of powertrains in India.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Bernard Orr)

Source: OANN

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Telecoms group Orange strikes cautious tone as French price war lingers on

FILE PHOTO - The logo of French telecom operator Orange is seen on the facade of the Velodrome stadium in Marseille
FILE PHOTO - The logo of French telecom operator Orange is seen on the facade of the Velodrome stadium in Marseille, France, September 30, 2016. REUTERS/Jean-Paul Pelissier/File Photo

February 21, 2019

By Mathieu Rosemain and Gwénaëlle Barzic

PARIS (Reuters) – Orange, France’s number one telecoms operator, struck a cautious tone for 2019 due to a protracted price war in its home country and few chances that a merger between its rivals might improve market conditions.

Orange expected core operating profit to grow at a slower pace in 2019 than 2018, despite a good performance in its home country and in its second-biggest market, which is Spain.

That guidance may further fuel scepticism shown by investors over the past few months about Europe’s telecoms sector, which has underperformed compared to major benchmark indices.

“Today’s competitive environment has intensified and shows no sign of waning, so it inevitably has an impact on our capacity to generate growth,” Chief Financial Officer Ramon Fernandez said in a call with reporters, referring to France.

Orange and its French rivals Iliad, Bouygues Telecom and Altice Europe’s SFR are engaged in a commercial race to win customers for their fixed and mobile businesses, while also having to spend at the same time billions of euros on upgrading their networks.

HEAVY DISCOUNTS

Iliad was first to trigger the price war in 2012 when it offered its low-cost mobile services, with direct consequences on its competitors’ margins. But heavy discounts are now also seen in the broadband business.

The prospect of further spending needed to buy radio frequencies for the deployment of the fifth-generation of mobile technology, or 5G, is also weighing on investors’ sentiment towards telecoms stocks.

Several attempts to cut the number of French telecom operators from four to three, with expected positive impact on prices, have failed, and Fernandez is not expecting such a deal to happen any time soon.

“It would be a big surprise if it happened right now,” he said.

In that context, Orange managed anyhow to post a better-than-expected quarterly operating profit, mainly driven by higher revenues in France and Spain and cost cuts.

Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) rose by 1.4 percent on a comparable basis to 3.33 billion euros ($3.77 billion) for the period, above market expectations for growth of 0.6 percent.

Orange’s boss, Stephane Richard, said he will present a new strategic plan this year, dubbed “Vision 2025”.

(Reporting by Mathieu Rosemain and Gwenaelle Barzic; Editing by GV De Clercq/Sudip Kar-Gupta)

Source: OANN

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World’s Top Rugby Player In Danger of Losing Career Over Christian Faith

The world’s highest paid rugby player, Israel Folau, could lose his career after receiving major backlash for a social media post where he quoted scripture and condemned sinners.

“Drunks, homosexuals, adulterers, liars, fornicators, thieves, atheists, [and] idolaters. Hell awaits you. Repent! Only Jesus saves,” the Instagram post reads.

Folau wrote, “Those that are living in Sin will end up in Hell unless you repent. Jesus Christ loves you and is giving you time to turn away from your sin and come to him,” followed by three verses from The Bible.

View this post on Instagram

Those that are living in Sin will end up in Hell unless you repent. Jesus Christ loves you and is giving you time to turn away from your sin and come to him. _______________ Now the works of the flesh are manifest, which are these , adultery, fornication, uncleanness, lasciviousness, idolatry, witchcraft, hatred, variance, emulations, wrath, strife, seditions, heresies, envyings, murders, drunkenness, revelings, and such like: of the which I tell you before, as I have also told you in time past, that they which do such things shall not inherit the kingdom of God.
Galatians 5:19‭-‬21 KJV _______________ Then Peter said unto them, Repent, and be baptized every one of you in the name of Jesus Christ for the remission of sins, and ye shall receive the gift of the Holy Ghost.
Acts 2:38 KJV _______________ And the times of this ignorance God winked at; but now commandeth all men every where to repent:
Acts 17:30 KJV _______________

A post shared by Israel Folau (@izzyfolau) on

“The devil has blinded so many people in this world, REPENT and turn away from your evil ways. Turn to Jesus Christ who will set you free,” Folau said in another post.

Folau, star of the Wallabies rugby team in Australia, is set to face a three-person panel at Rugby Australia headquarters in Sydney on May 4 after being charged with a high-level code of conduct breach for the social media post.

Australia’s Director of Rugby, Scott Johnson, supports Rugby Australia’s stance on firing Folau over the post, saying, “I want to make it really clear I am very supportive of where Rugby Australia is in this stance.”

Johnson, who helped Wales star Gareth Thomas come to terms with being a homosexual when he coached the team in 2006, says he wants “a game that includes everyone,” while actively trying to destroy Folau’s career.

“It’s obviously a decision that’s in the process right now but I believe in a God that’s in control of all things,” Folau told the Sydney Morning Herald. “Whatever His will is, whether that’s to continue playing or not, I’m more than happy to do what He wants me to do.”

Australian tennis great Margaret Court, who previously spoke out against same-sex marriage, sympathizes with Folau, arguing, “the penalty he’s receiving is very severe.”

“He really just wants people to come to Christ. I don’t think he should be penalized because really there’s a truth there,” she continued. “What he is saying about repenting is straight out of the Bible. My heart goes out to him because he’s being persecuted.”

Former Wallabies coach Alan Jones, now a popular radio personality, also defended Folau, proclaiming, “It’s got nothing to do with Israel, or rugby, or religion, or homosexuals.”

“Where are we in this country on free speech?” Jones asked, after commending Folau for his “conviction and Christian commitment.”

Australians will soon find out if their country will trample on Folau’s free speech or if Australian Rugby is, like Director Scott Johnsons said, “a game that includes everyone.”

Source: InfoWars

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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