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The Latest: Police look for motive in North Dakota deaths

The Latest on bodies found at a business in the Bismarck, North Dakota, suburb of Mandan (all times local):

5:50 p.m.

Police in North Dakota say they're searching for a motive for the killings of four people at a property management company in Mandan.

Chief Jason Ziegler says a suspect remains at large but emphasized there is no danger to the public based on evidence recovered at the crime scene.

Police found the bodies of three men and one woman Monday morning when they responded to a medical call at the building. The company, RJR Maintenance and Management, is in a business district about 100 yards back from a busy main road in Mandan known as the Strip.

Police have not said how the victims were killed and they've yet to release their names. Their families have not been notified.

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5:20 p.m.

North Dakota authorities say four people were found dead inside a property management company in Mandan and police are looking for a suspect.

Mandan police say they have not yet identified the deceased but the victims were three men and one woman. Authorities are not saying how they were killed.

The company, RJR Maintenance and Management, is in a business district about 100 yards back from a busy main road in Mandan known as the Strip. Mandan is a town of about 22,000 adjoining the state capital of Bismarck.

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5:10 p.m.

North Dakota authorities say four people were found dead inside a property management company in Mandan and police are looking for a suspect.

Mandan police say they have not yet identified the deceased but the victims were three males and one female. Authorities are not saying how they were killed.

The company, RJR Maintenance and Management, is in a business district about 100 yards back from a busy main road in Mandan known as the Strip. Mandan is a town of about 22,000 adjoining the state capital of Bismarck.

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11:45 a.m.

Police investigating "several" bodies found at a North Dakota business are checking nearby surveillance video.

Police in Mandan say the bodies were found Monday morning after they responded to a medical call at a business. They released no other details.

Authorities were gathered outside RJR Maintenance and Management, a property management company.

The company is in a business district about 100 yards back from a busy main road in Mandan known as the Strip. Mandan is a town of about 22,000 adjoining the state capital of Bismarck.

Darin Helbling, a manager at a nearby bowling alley, says police asked to see his business' surveillance video. Helbling says it showed only a couple of vehicles on the road that separates the businesses since 10 p.m. Sunday.

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10:40 a.m.

Police in North Dakota say "several" bodies have been found inside a business in suburban Bismarck.

Officers responded to a medical call at the business Monday morning and found several people dead inside. The Mandan Police Department did not say how many and did not immediately respond to a request for more details.

Morton County referred a request for comment to city police. The state Bureau of Criminal Investigation confirms that it's helping with the investigation. It hasn't offered any details.

Source: Fox News National

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Nielsen resigns as DHS secretary after White House meeting with Trump

President Trump announced Sunday afternoon that Homeland Security Secretary Kirstjen Nielsen "will be leaving her position" after 16 months in the job.

Trump also announced that U.S. Customs and Border Protection (CBP) Commissioner Kevin McAleenan will replace Nielsen as acting secretary, tweeting: "I have confidence that Kevin will do a great job!"

Nielsen tweeted Sunday evening that she had submitted her resignation and added: "Its [sic] been an honor of a lifetime to serve with the brave men and women of @DHSgov. I could not be prouder of and more humbled by their service, dedication, and commitment to keep our country safe from all threats and hazards." She included an image of a resignation letter to Trump in which she wrote: "Despite our progress in reforming homeland security for a new age, I have determined that it is the right time for me to step aside."

In a subsequent tweet, Nielsen addressed "the brave and dedicated men and women of @DHSgov," saying she was "eternally grateful and proud of what you do each and everyday [sic] to protect our homeland".

"Our missions as a Department are vast and have never been more vital," Nielsen wrote. "You are in the arena- keep up the good fight. Thank you for your sacrifices and those of your families. God bless you and God bless our great country."

Nielsen met with Trump at the White House Sunday amid an ongoing influx of migrants at the U.S.-Mexico border that has been taxing America's immigration system and sparking frustration within the administration. The Associated Press, citing two sources, reported that Nielsen had been frustrated with the difficulty of getting other departments to help deal with the growing number of families crossing the southwestern border.

TRUMP DECLARES 'COUNTRY IS FULL' IN FOX NEWS INTERVIEW, SAYS US CAN NO LONGER ACCEPT ILLEGAL IMMIGRANTS

Administration sources told Fox News Sunday evening that Nielsen's background in cybersecurity made her a poor fit to handle border issues, while McAleenan best fits Trump's requirement of being the "toughest cop" on the frontier.

Nielsen skipped last week's meeting of interior ministers from the Group of Seven countries (G-7) in Paris to deal with the migration crisis, which she compared to the aftermath of a Category 5 hurricane.

She also had taken to social media in recent days, tweeting that Congress must give border and immigration officials the tools and resources needed to "fulfill our humanitarian and security mission."

Nielsen visited El Paso, Texas, on Wednesday, marking her first stop on a border tour aimed at assessing the surge of migrants and the department's response. "Our system and facilities were never structured to withstand the current influx of immigrants," she said.

TRUMP SAYS HE NIXED ICE DIRECTOR NOMINATION, SAYS HE WANTS TO GO 'IN A TOUGHER DIRECTION'

On Friday, Nielsen and Trump participated in a roundtable with border officers and local law enforcement. There she echoed Trump's comments on the situation at the border, though she ducked out of the room without explanation for some time while Trump spoke. As they toured a section of newly rebuilt barriers, Nielsen was at Trump's side, introducing him to local officials. She returned to Washington afterward on a Coast Guard Gulfstream, as Trump continued on a fundraising trip to California and Nevada.

Trump nominated Nielsen as Homeland Security secretary in October 2017, replacing her former boss John Kelly, whom Trump had named White House chief of staff months earlier. She was confirmed by the Senate in December of that year.

Nielsen was viewed as resistant to some of the harshest immigration measures supported by the president and his aides, particularly senior adviser Stephen Miller, both around the border and on other matters like protected status for some refugees. Once Kelly left the White House at the end of last year, Nielsen's days appeared to be numbered. She had expected to be pushed out last November, but her exit never materialized. And during the government shutdown over Trump's push for funding for a border wall, Nielsen's stock inside the White House even appeared to rise.

Trump nominated McAleenan as CBP commissioner on the first day of his presidency, but McAleenan as not confirmed by the Senate until March of 2018. He was appointed CBP deputy commissioner in November 2014 by President Barack Obama.

Sources tell Fox News that it reminds to be seen whether McAleenan can handle the political duties required to be permanent homeland security secretary, though they noted that he has excellent relationships with the Pentagon, State Department, and National Security Council. McAleenan also has a reputation within CBP as a "brilliant" mind with "tremendous organizational skills."

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Nielsen's departure is the latest staffing shakeup in the department, which was founded to combat terrorism after the Sept. 11, 2001 terror attacks.

On Friday, Trump confirmed he had withdrawn the nomination of acting Immigration and Customs Enforcement (ICE) Director Ron Vitiello to become the permanent head of the agency, telling reporters that "Ron’s a good man, but we’re going in a tougher direction, we want to go in a tougher direction." Administration sources tell Fox News that the withdrawal of Vitiello's nomination was the first step in Trump's plan to control the border crisis.

The second step was asking for Nielsen's resignation.

Fox News' John Roberts and The Associated Press contributed to this report.

Source: Fox News Politics

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13 dead, 142 missing after east Congo boat accident: President

FILE PHOTO: Democratic Republic of Congo's Felix Tshisekedi swears into office during an inauguration ceremony as the new president of the Democratic Republic of Congo at the Palais de la Nation in Kinshasa
Democratic Republic of Congo's Felix Tshisekedi swears into office during an inauguration ceremony as the new president of the Democratic Republic of Congo at the Palais de la Nation in Kinshasa, Democratic Republic of Congo January 24, 2019. REUTERS/ Olivia Acland/File Photo

April 18, 2019

KALEHE, Democratic Republic of Congo (Reuters) – Thirteen people are dead and 142 are missing after a passenger boat sank this week on Lake Kivu in eastern Democratic Republic of Congo, President Felix Tshisekedi said on Thursday.

Speaking to reporters near the site of the accident in South Kivu province, Tshisekedi said 37 passengers had been rescued.

(Reporting By Stanis Bujakera; Writing by Aaron Ross; Editing by Edward McAllister)

Source: OANN

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Brazil moves Venezuela aid to border despite closure

Brazilian authorities on Friday began moving humanitarian aid to its northern border with Venezuela even though the international crossing has been closed.

Brazil's air force sent a plane with food and medicine to Boa Vista, the main city in the northern state of Roraima. They planned to transport via trucks the goods, which included rice, powered milk and first aid kits, to Pacaraima, the city that borders Venezuela.

Humanitarian aid to Venezuela has become a flashpoint in the struggle between President Nicolas Maduro and Juan Guaido, who has been recognized by over 50 nations, including Brazil, as the country's president.

Guaido has announced plans to bring in aid on Saturday via Brazil, Colombia and the Caribbean island of Curacao.

In anticipation of the planned aid delivery on Saturday, on Thursday Maduro closed Brazil's border crossing. The maritime border with Curacao had also been shut.

Brazilian officials stressed Friday they would not engage in a military confrontation with oil-rich Venezuela, which supplies much of Roraima's energy.

"We have to wait and see how things develop," Augusto Heleno, minister of institutional security, told Globo News. "What's clear is that Brazil will not take any aggressive action."

Still, desperately needed aid sitting on the border was sure to raise tensions in Pacaraima, a dusty city with many dirt roads. In recent years, Pacaraima has received thousands of Venezuelans crossing the border in search of food and medicine. While most Venezuelans continue to other Brazilian cities, the most destitute stay in Pacaraima because they have no money for bus fare.

Instead, they sleep on the sides of roads, look for odd jobs and try to hitch hike to Boa Vista, about three hours drive south. Many are emaciated and have health problems.

On Friday, many Venezuelans could be seen crossing the border illegally away from the checkpoint.

Source: Fox News World

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NBA: Nowitzki and Doncic have fans cheering Mavs’ past and future

NBA: Sacramento Kings at Dallas Mavericks
FILE PHOTO: Dec 16, 2018; Dallas, TX, USA; Dallas Mavericks forward Luka Doncic (77) laughs with Dallas Mavericks forward Dirk Nowitzki (41) during the first quarter against the Sacramento Kings at American Airlines Center. Mandatory Credit: Kevin Jairaj-USA TODAY Sports

February 26, 2019

By Jahmal Corner

LOS ANGELES (Reuters) – Dallas Mavericks’ Slovenian sensation Luka Doncic was lighting up the game against the Los Angeles Clippers this week when a high-profile fan summoned him to his courtside seat at the Staples Center.

Former five-division boxing world champion Floyd Mayweather, who still commands the spotlight even in retirement, wanted to offer a seal of approval from one showman to another.

“He said he plays like me,” Doncic told Reuters of his interaction with Mayweather on Monday. “I said, ‘cool, I want to see it live.'”

The Mavericks may not be winning many games, but between Doncic and future Hall of Famer Dirk Nowitzki, who is potentially playing his farewell season, they are winning over NBA arenas and turning foes to friends.

The Clippers defeated the Mavericks 121-112 but the night belonged to the NBA’s most popular duo at the moment — the past and future of the Dallas franchise.

Nowitzki, 40, is playing in his 21st NBA season and while the German has not announced that he will retire at the end of the campaign the mere possibility has been enough to commemorate his every NBA stop.

Nowitzki played in his 1,500th career game on Monday — only three players have played in more — and was cheered wildly by the L.A. crowd every time he touched the ball. He put up 12 points, but it felt like 50 given the fan reaction.

Clippers coach Doc Rivers added to the adulation when he called a timeout with nine seconds left in the game, grabbed the public address announcer’s microphone and paid tribute to Nowitzki.

The crowd then gave Nowitzki a standing ovation and Clippers players came over to pay homage to the German veteran.

“The career that he had has been excellent,” Clippers guard Lou Williams told reporters. “He is a champion in this league and one of the trailblazers for international players coming over to the NBA.”

DALLAS SHARPSHOOTER

The NBA created a special roster spot for Nowitzki earlier this month at the All-Star Game, and the Dallas sharpshooter is now being embraced in places he was once feared and reviled.

“It’s definitely different,” Nowitzki told Reuters. “A couple weeks ago, in Boston and (Indianapolis), fans are cheering and I’m trying to actually score a basket for them because I haven’t scored all game. That was weird. Never had that in my career. “The fans have been incredible.”

While Nowitzki may be saying goodbye, 19-year-old point forward Doncic is introducing himself to fans.Doncic teased the Clippers and stole the show with a series of step back three-pointers and precise passes that have become a regular part of his act.

His night included 28 points, 10 rebounds, 10 assists and nine turnovers, fully showcasing the risk and reward style of the Mavericks teenager.

At one stage in the second quarter, Doncic tried to throw a pass around a defender to himself. His team mates could only laugh, but coach Rick Carlisle, known for being tough on his point guards, sent Doncic to the bench.”At times it’s tough for him because he feels like he can thread any needle,” Carlisle said. “And throw the ball through one guy’s nose, through his rear end and (to) a team mate. You just can’t do that in this league on a consistent basis.”That aside, Doncic has earned rave reviews throughout the league as he closes in on a Rookie of the Year honor, putting up 20.9 points, 7.2 rebounds and 5.7 assists per game.

In truth, Doncic bends the definition of a rookie. Long before the Mavs acquired Doncic in a trade with the Atlanta Hawks in the 2018 NBA Draft, he made his professional debut with the Real Madrid senior team at 16. He led Madrid to the 2018 EuroLeague title, winning the EuroLeague MVP.“He’s exceeded all expectations,” Nowitzki said. “He’ll be fun to watch, hopefully for Mavs fans for a long, long time.”

(Editing by Toby Davis)

Source: OANN

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Hundreds mourn girl whose body was dumped on hiking trail

Most had never met her, didn't even know her name until they saw it on the news.

But moved by the tragic death of a 9-year-old girl whose body was found stuffed into a duffel bag and discarded on a hillside trail — like so much trash, as one mourner put it — people turned out by the hundreds Monday for an at-times joyous, at other times angry and frustrated interfaith service celebrating the life of Trinity Love Jones.

They all but filled the pews of spacious St. John Vianney Catholic Church in the Los Angeles suburb of Hacienda Heights, just a couple of miles (3.2 kilometers) from where a park worker had found Trinity's body on March 5. She was dressed in pants with a panda pattern and a pink shirt — her favorite color — that proclaimed, "Future Princess Hero."

Her mother and her mother's boyfriend have been charged with murder.

"I don't even know them but I just had to come. I have grandchildren her age," Camille Boswell of the nearby city of Placentia said of Trinity and her family. "Any time a ... child dies, it hurts."

Following the wishes of Trinity's father, Antonio, she had arrived in a bright blue and white suit and bright blue hat because Trinity liked bright colors. Other mourners wore buttons with her name and photo on them.

Many acknowledged they had no idea who she was when her body was found on March 5, but they followed the news daily, stunned that such a thing could happen to an innocent 9-year-old.

Hacienda Heights, 20 miles (32.2 kilometers) east of Los Angeles, is in many ways an insular community of 54,000 people, made up of large numbers of white, Latino and Asian residents. It's walled off on two sides by hillsides dotted with large homes that offer stunning views. In the center are rows and rows of neatly kept 1960s-era tract homes.

As word of Trinity's death spread across the city through social media, local resident Kara Clark said people felt they had to do something to show their respects to her family and to also make it clear they are fed up with a society gripped by such wanton violence.

"When we first heard what happened to this child my first thought was that it could have been my granddaughter," she said. "Enough is enough with all of this stuff that happens in our world — it's awful."

Soon after the service began at noon on a warm, sun-splashed day on the church's outdoor plaza, six pallbearers, including Trinity's father, emerged dressed in matching white suits with pink vests to usher her tiny coffin inside. At the altar was a pink teddy bear and balloon. Behind it was a 9-foot-tall (2.7-meter) photo of Trinity smiling shyly and dressed in a leopard-print outfit.

"It is so fitting that we are underneath this bright sun, because what we celebrate today is the light that Trinity has within, the eternal light that has not been extinguished," Father Egren Gomez told mourners before leading them into the sanctuary.

Before going inside, mourners saw 90 candles lighted in honor of Trinity's life — 10 for each of her nine years — and heard the church's bells toll for 90 seconds.

Inside, her life was celebrated with songs and eulogies from a cross-section of religious leaders, including Catholic priest Gomez, Pastor Darnell Hammock of the New Life Community Church of Oakland and Venerable Miao Hsi, a nun from the nearby Hsi Lai Buddhist Temple, near where Trinity's body was found.

The fieriest eulogy came from Hammock, who acknowledged that although Trinity's murder had brought people of all faiths together, he realized many would leave wondering why it had happened.

"Why God? Why so soon? Why our baby? Why our niece. Why my student ...

"I got to be honest, church, I too wrestled with these questions as I prepared today," he said, adding her death reminded him of those of numerous other young people snuffed out before their time.

"I'm here to ask myself, 'When do we change the channel of this alarming episode of young black girls dying?'" he shouted, an exhortation that brought the largely white audience to its feet.

But he went on to tell mourners not to pass the chance to work together going forward.

"I want the community here today to embrace this outlook that we are in this together," he said.

Miao Hsi added that Buddhist faith accepts that although Trinity is gone, her spirit lives on in every person she leaves behind.

"We are here to celebrate Miss Trinity's rebirth," she said. "May she feel love, joy and peace."

Source: Fox News National

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Pelosi revokes Pence's bonus office in House: report

House Speaker Nancy Pelosi, D-Calif., just pulled a move straight out of the movie “Office Space” on Vice President Mike Pence.

Pelosi has decided to revoke the honorary office that former House Speaker Paul Ryan, R-Wisc., gave Pence on the first floor of the Capitol back in 2017.

NANCY PELOSI PRAISED BY LIBERALS FOR 'EXQUISITE SHADE' OF SOTU APPLAUSE

While Pence rarely used the office, NPR reported that his nameplate was removed from the door and that the space has been reassigned, according to a Democratic aide.

The vice president, who serves as the president of the U.S. Senate and has an office on that chamber's side, was given the House office shortly after President Trump’s inauguration in January 2017; it was a sign of goodwill between the House, then led by the GOP, and one of its former members.

The space is at the moment sitting empty.

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"Room assignments are reviewed and changed at the beginning of every Congress," an aide told NPR.

The House speaker is the only member of Congress to have the power to assign coveted offices in the Capitol Building. Besides revoking Pence’s honorary office, Pelosi has doled out new office space for the White House legislative affairs team in the building.

Source: Fox News Politics

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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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