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Britain’s Labour Party splits over Brexit and anti-Semitism

Britain's Labour Party MP Chuka Umunna arrives at a news conference in London
Britain's Labour Party MP Chuka Umunna arrives at a news conference in London, Britain, February 18, 2019. REUTERS/Simon Dawson

February 18, 2019

LONDON (Reuters) – Seven lawmakers split from Britain’s opposition Labour Party on Monday, saying that the party leadership’s failures over Brexit, anti-Semitism and a culture of bullying in the party had left them no choice.

The group of lawmakers, calling themselves “The Independent Group”, included Chuka Umunna, who had at one point been seen as a future leadership candidate, and Luciana Berger, who has been outspoken about the party’s approach to anti-Semitism.

Labour leader Jeremy Corbyn said he was disappointed in their decision to leave the party.

(Reporting by Elizabeth Piper and William James, writing by Alistair Smout; editing by Guy Faulconbridge)

Source: OANN

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Man charged with threatening Congress members over phone

Authorities say a Florida man left threatening rants about gun control, illegal immigration, homosexuals, black people and Muslims for three Democratic members of Congress.

The U.S. Attorney's Office says 49-year-old John Kless was arrested Friday and charged with making threatening communications.

A federal criminal complaint says Kless called the Washington offices of Rep. Eric Swalwell of California, Rep. Rashida Tlaib of Michigan and Sen. Cory Booker of New Jersey on Tuesday and left profanity-laden voicemails for each politician. The messages specifically mentioned the elected officials being killed. Swalwell and Booker are both running for president.

Investigators say they traced the phone number back to Kless, who lives in Tamarac, Florida. U.S. Capitol Police previously investigated Kless for a message left in February for Democratic House Speaker Nancy Pelosi.

Court records didn't list an attorney for Kless.

Source: Fox News National

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British, Nigerian nationals shot dead in central Nigeria

Police and the British High Commission say a British woman and a Nigerian citizen have been shot dead in north-central Nigeria.

A High Commission statement says they were killed on Friday when gunmen attacked the Kajuru Castle holiday resort in Kaduna state. The statement identified the British national as Faye Mooney.

The aid group Mercy Corps says Mooney had worked as a communications specialist in Nigeria for almost two years. Its statement says that "we are utterly heartbroken."

Kaduna state police spokesman Yakubu Sabo tells reporters that the gunmen kidnapped three other people. Their nationalities were not immediately clear.

Sabo says Mooney had been in a group of 12 tourists who traveled from Lagos.

Kaduna state has witnessed a spate of kidnappings by armed men in recent months.

Source: Fox News World

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Canada’s Bombardier cuts full-year profit and revenue forecast

FILE PHOTO: Logo of Bombardier is seen in Zurich
FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland, February 28, 2019. REUTERS/Arnd Wiegmann/File Photo

April 25, 2019

(Reuters) – Canada’s Bombardier Inc on Thursday cut its full-year profit and revenue forecast, due to slower production ramp-up of some of its large projects in its transportation business.

The plane and train maker cut its 2019 revenue estimates by $1 billion to $17 billion, while adjusted core earnings is expected to be in the range of $1.50 billion to $1.65 billion, compared with its prior expectation of $1.65 billion to $1.8 billion.

(Reporting by Arathy S Nair in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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Australian prime minister expected to call May 18 election

Australia's prime minister on Thursday called for a May election that will be fought on issues including climate change, asylum seekers and economic management

Prime Minister Scott Morrison advised Governor-General Peter Cosgrove as representative of Australia's head of state, Queen Elizabeth II, to set the election date.

Morrison is expected to announce later Thursday that Australia will go to the polls on May 18.

Morrison's conservative coalition is seeking a third three-year term. But Morrison is the third prime minister to lead a divided government in that time and only took the helm in late August.

Opinion polls suggest his reign will become one of the shortest in the 118-year history of Australian prime ministers on election day. The polls suggest center-left opposition leader Bill Shorten will become the eighth prime minister since the country plunged into an extraordinary period of political instability in 2007.

The election pits Shorten, a former labor union leader who has presented himself as the alternative prime minister for the past six years, and Morrison, a leader who the Australian public is still getting to know.

Source: Fox News World

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Brett Kavanaugh To Spend Summer Overseas

Kevin Daley | Supreme Court Reporter

Justice Brett Kavanaugh has joined the faculty of George Mason University’s Antonin Scalia Law School, where he will co-teach a summer course in the United Kingdom on the origins of the Constitution.

Kavanaugh, who has evaded public attention following his bitter confirmation in October 2018, will remain in England for nearly six weeks while the Court is on its summer recess. The justice has generally kept a low profile since joining the Court, avoiding solo public appearances and divisive opinion writing.

“It is a rare opportunity for students to learn from a Supreme Court justice and we believe that contributes to making our law program uniquely valuable for our students,” the law school said in a statement.

George Mason University’s student newspaper was first to report that Kavanaugh joined the law faculty.

It is common for the justices to teach law abroad during the summer, when the high court is not in session. Justices Ruth Bader Ginsburg and Neil Gorsuch led seminars in Italy in July 2018, while retired Justice Anthony Kennedy taught in Austria.

Yet Kavanaugh’s 38-day course is unusually long in comparison to his colleagues, whose teaching commitments generally run a few short days. Ginsburg and Gorsuch’s Italian jaunt ran about two weeks, while Kennedy’s lasted about three.

Another round of skirmishes relating to Kavanaugh’s confirmation are likely this summer, which may be a factor in his lengthy retreat to the UK. Politico’s Anna Palmer and Jake Sherman will publish an account of Congress during President Donald Trump’s tenure in April, which purports to contain the definitive story on his confirmation. Another book called “Confirmation Bias” will follow in June from Carl Hulse of The New York Times.

Kavanaugh defenders Mollie Hemingway and Carrie Severino will publish their own book-length treatment of his nomination this summer, which is meant to preempt forthcoming projects thought to be unflattering, according to Axios. (RELATED: Supreme Court Deals Trump Administration Immigration Victory)

Ruth Marcus, The Washington Post’s deputy editorial page editor and Jackie Calmes of the Los Angeles Times are also writing books on the Kavanaugh confirmation. Kate Kelly and Robin Pogrebin of The New York Times will publish a history of the justice’s early years this October called “The Education of Brett Kavanaugh.”

Justice Brett Kavanaugh attends his ceremonial swearing at the White House on October 8, 2018. (Chip Somodevilla/Getty Images)

Justice Brett Kavanaugh attends his ceremonial swearing at the White House on October 8, 2018. (Chip Somodevilla/Getty Images)

Once a staple of law school programming, Kavanaugh lamented that he might never return to academia, after three women publicly accused him of sexual misconduct. He denied those allegations.

“I love teaching law,” Kavanaugh told Senate Judiciary Committee Democrats during his second confirmation hearing in September 2018. “But thanks to what some of you on this side of the committee have unleashed, I may never be able to teach again.”

Just days after that hearing, Harvard Law School announced it had cancelled Kavanaugh’s January-term course on the modern Supreme Court. The announcement followed weeks on intense pressure from students and alumni, who hoped the law school would disassociate itself with the beleaguered Supreme Court nominee. Kavanaugh was named the Samuel Williston Lecturer on Law at Harvard in 2009.

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Vote count confirms comic’s lead in Ukraine elections

Candidate Zelenskiy speaks following the announcement of the first exit poll in Ukraine's presidential election in Kiev
Ukrainian comic actor and presidential candidate Volodymyr Zelenskiy flashes a victory sign following the announcement of the first exit poll in a presidential election at his campaign headquarters in Kiev, Ukraine March 31, 2019. REUTERS/Valentyn Ogirenko

April 1, 2019

By Matthias Williams, Pavel Polityuk, Polina Ivanova and Natalia Zinets

KIEV (Reuters) – A comedian with no political experience raced ahead in the first round of Ukraine’s presidential election on Sunday, offering a fresh face to voters fed up with entrenched corruption in a country on the frontline of the West’s standoff with Russia.

With over half of all ballots counted by Monday morning, 41-year-old Volodymyr Zelenskiy, who plays a fictional president in a popular TV series, held a comfortable lead over incumbent President Petro Poroshenko in a vote deemed largely free and fair by the national electoral commission.

A crowded field of 39 candidates has now shrunk to just two, with Zelenskiy and Poroshenko set to go head-to-head in a second round run-off on April 21.

Propelled by his anti-establishment appeal, newcomer Zelenskiy must convince voters he is fit to lead a country that has been at war ever since protests in 2014 ejected a pro-Kremlin government and Russia annexed the Crimean peninsula.

He has been criticized for being an unknown quantity and light on policy detail, and his victory speech on Sunday provided little further insight into what he would do if handed the top job in the second round vote.

Both Zelenskiy and Poroshenko face firmly west, and neither wants to move Ukraine back into Russia’s orbit. But investors are also keen to see if the next president would push reforms required to keep the country in an International Monetary Fund bailout program that has supported Ukraine through war, sharp recession and a currency plunge.

With 50.4 percent of ballots counted by 09:00 (06:00 GMT) on Monday, Zelenskiy held 30.2 percent of the vote, the Central Election Commission said.

The result is a powerful challenge to the veteran politician Poroshenko, at 16.6 percent, and former Prime Minister Yulia Tymoshenko, who trailed in third place with 13.1 percent.

LAID-BACK STYLE

“I would like to say ‘thank you’ to all the Ukrainians who did not vote just for fun,” Zelenskiy told cheering supporters on Sunday. “It is only the beginning, we will not relax.”

In keeping with the laid-back style of his campaign, Zelenskiy’s election night venue provided a bar with free alcohol, table football and table tennis games.

Poroshenko called the result a “severe lesson”, especially from younger voters, and urged their support in a second round.

“You see changes in the country, but want them to be quicker, deeper and of higher quality. I have understood the motives behind your protest,” he said.

Poroshenko sought to portray Zelenskiy as unfit to represent Ukraine abroad, especially when taking on Russian President Vladimir Putin in international talks.

Putin “dreams of a soft, pliant, tender, giggling, inexperienced, weak, ideologically amorphous and politically undecided president of Ukraine. Are we really going to give him that opportunity?” Poroshenko said.

Poroshenko said the vote was free and met international standards. Tymoshenko said at a news conference she might yet challenge the result, adding that her team’s exit polling put her in second place.

Stuart Culverhouse, head of sovereign and fixed-income research at investment bank Exotix, said Zelenskiy had tried to present himself more professionally by meeting business leaders and talking of orthodox economic policies.

“That said, if the exit polls are confirmed in the official vote count, we would expect Zelenskiy to be put under greater pressure in the run-up to the second round to flesh out his policy agenda,” he said.

Poroshenko has fought to integrate the country with the European Union and NATO, while strengthening the military that is fighting Kremlin-backed separatists in Ukraine’s east.

Voting was a snapshot of Ukraine’s recent history. Soldiers lined up to vote in makeshift polling stations in the east.

Voters formed long lines outside polling stations in neighboring EU member Poland, where between one and two million Ukrainians have moved, many in search of jobs and higher wages.

Pushing the use of the Ukrainian language and instrumental in establishing a new independent Orthodox church, confectionary magnate Poroshenko, 53, has cast himself as the man to prevent Ukraine again becoming a Russian vassal state.

But reforms to keep foreign aid flowing have been patchy. Conflict in the eastern Donbass region has killed 13,000 people in five years and rumbles on despite Poroshenko’s promise to end it within weeks. Frustration over low living standards and pervasive corruption has left the door open for Zelenskiy.

The majority of voters in separatist-held eastern Ukraine and Crimea were unlikely to take part in the election as they needed to undergo a special registration process on Ukraine-controlled territory.

ANTI-ESTABLISHMENT

But Crimean residents who kept Ukrainian citizenship after the Russian annexation crossed the land border to mainland Ukraine, from where buses took them to polling stations.

Just 9 percent of Ukrainians have confidence in their national government, the lowest of any electorate in the world, a Gallup poll published in March showed.

Zelenskiy has tapped into this anti-establishment mood, although his inexperience makes Western officials and foreign investors wary.

His campaign has relied heavily on social media and comedy gigs of jokes, sketches and song-and-dance routines that poke fun at his political rivals.

Zelenskiy’s campaign blurred the line between reality and the TV series in which he plays a scrupulously honest history teacher who accidentally becomes president.

“He embodies the perceived need for ‘new faces’ in politics and could sway the young, pro-reform electorate to his side,” said Economist Intelligence Unit analyst Agnese Ortolani.

(Reporting by Matthias Williams, Natalia Zinets, Pavel Polityuk and Polina Ivanova; Writing by Matthias Williams and Polina Ivanova; Editing by William Maclean)

Source: OANN

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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