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SAP’s head of cloud business latest top departure in restructuring

SAP logo at SAP headquarters in Walldorf
FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski

April 6, 2019

BERLIN (Reuters) – Software company SAP said the head of its cloud business group had decided to leave the company, the latest in a string of top departures as Europe’s most valuable technology firm reshapes its operations.

Robert Enslin, who joined SAP in 1992 and had served on its board since 2014, had been tipped by some as a potential successor to Chief Executive Bill McDermott.

During his two-year tenure as head of the cloud business group, Enslin helped build out SAP’s cloud portfolio including its $8 billion deal last year to buy Qualtrics, which specializes in tracking online sentiment.

Enslin’s exit follows other high-profile departures, including Bjoern Goerke, chief technology officer and head of SAP’s cloud platform business, and Bernd Leukert, the board executive who ran global service and support.

Programming guru Rich Heilman – who was highly respected in the wider SAP developer ecosystem – has also left.

The departures underscore McDermott’s long-stated ambition to transform SAP into a digital platform business, but the exit of long-serving and well-regarded staff with extensive know-how also risks alienating the company’s core customers.

SAP said in January around 4,400 people would leave under the restructuring. Arch-rival Oracle has also announced layoffs and some of its top talent has defected to Google.

SAP said board member Jennifer Morgan, who joined the company in 2004 and most recently co-led SAP’s global customer operations, would succeed Enslin as president of the cloud business group with imminent effect.

Adaire Fox-Martin will take sole responsibility of global customer operations as president.

SAP will report its financial results for the first quarter as planned on April 24.

(Reporting by Caroline Copley and Douglas Busvine; Editing by Mark Potter)

Source: OANN

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Arizona police kick down door of parents who refused to take unvaccinated 2-year-old to hospital, body cam footage shows

Arizona police released bodycam footage Thursday that showed the moment authorities kicked in the door of two Chandler parents who allegedly refused to take their sick, unvaccinated child to the hospital.

Officers with the Chandler Police Department were dispatched to the 1600 block of West Marlboro Drive around 10:30 p.m. on February 25 to conduct a welfare check at the request of the Department of Child Safety, according to a press release.

Officials were concerned that a 2-year-old in the home was suffering from a “potentially life-threatening fever and illness.”

CALIFORNIA MAY TOUGHEN VACCINE EXEMPTION RULES TO BLOCK MEASLES

Sara Beck, the boy’s mother, had taken the child to naturopathic doctor after he developed a fever of 105, KKTV reported. The doctor, who practices alternative medicine, reportedly instructed Beck to take the boy to the emergency room, as he believed he was showing signs of meningitis.

According to the local station, Beck refused to take the boy, fearing that she would be reported to authorities because the child had not been vaccinated.

The doctor contacted DCS, which then contacted authorities.

KENTUCKY TEEN SUES HEALTH DEPARTMENT AFTER HE’S BARRED FROM BASKETBALL FOR REFUSAL TO GET CHICKEN POX VACCINE

Chandler police attempted to contact the parents, who refused all attempts. Eventually, police were able to reach the father by phone; he said the boy was fine and ordered them to leave but officers reported hearing a child cough inside.

The parents continued to ignore police, who eventually received a court order granting them the right to remove the child from the home. They gave one final warning and an opportunity to take the child to the hospital. but the parents refused.

Bodycam footage shows patrol officers breaching the front door, ordering the residents out.

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Two other children, ages 6 and 4, were also inside with similar symptoms including vomiting

DCS took temporary custody of the children and transported them to the hospital. The 2-year-old was later admitted, and the parents were later charged with child abuse.

Source: Fox News National

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Retired major charged with crimes during Brazil dictatorship

Brazilian prosecutors have charged a retired army major who allegedly led a massacre of dozens of leftist guerrillas during the country's military dictatorship.

The federal prosecutors' office said Tuesday that Sebastiao Curio is accused of killings, torture and hiding bodies in the Amazon region.

Prosecutors say Curio was involved in at least two killings in the city of Brejo Grande do Araguaia in 1974.

Hundreds of local residents say they were tortured for supporting Marxist guerrillas who sought to overthrow the country's authoritarian rule.

An amnesty law has blocked most prosecutions linked to abuses during the 1964-1985 dictatorship. But prosecutors say some sorts or circumstances of crimes are exempt.

Courts suspended two earlier attempts to try Curio on various charges, but prosecutors are appealing. He denies any wrongdoing.

Source: Fox News World

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Australia’s Cardinal Pell sentenced to six years jail for sexually abusing choir boys

Cardinal George Pell arrives at County Court in Melbourne
Cardinal George Pell arrives at County Court in Melbourne, Australia, February 27, 2019. AAP Image/David Crosling/via REUTERS

March 13, 2019

MELBOURNE (Reuters) – Former Vatican treasurer Cardinal George Pell was sentenced to six years in jail by an Australian court on Wednesday for sexually abusing two choir boys in the 1990s at St Patrick’s Cathedral in Melbourne.

Pell, 77, is the highest ranking Catholic priest worldwide to be convicted for child sex offences.

“In my view, your conduct was permeated by staggering arrogance,” County Court of Victoria Chief Judge Peter Kidd said in the sentencing, which took more than an hour.

“Viewed overall, I consider your moral culpability across both episodes to be high.”

Kidd set a non-parole period of three years and eight months. Pell will be registered as a sex offender for life, he said.

Pell, who was found guilty in December, has maintained he is innocent and has filed an appeal on three grounds, set to be heard in June.

(Reporting by Sonali Paul; Editing by Michael Perry)

Source: OANN

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Michael Cohen Backs Away From Parts of His Guilty Plea

President Donald Trump's one-time personal attorney, Michael Cohen, has walked back part of his guilty plea, claiming he did not evade taxes and a criminal charge related to a home-equity line of credit was "a lie," according to The Wall Street Journal.

The newspaper said Cohen made his comments in a phone call to actor and comedian Tom Arnold, a vocal critic of Trump. The newspaper said the March 25 call was recorded without Cohen's knowledge by Arnold.

Cohen has pleaded guilty to eight criminal charges, including campaign-finance violations regarding hush-money payments to former porn star Stormy Daniels and Playboy centerfold Karen McDougal. He has also admitted to five counts of evading personal income taxes and one count of understating his expenses and debt in an application for a home-equity line of credit, or Heloc, the newspaper noted.

"There is no tax evasion," he said during the call. "And the Heloc? I have an 18% loan-to-value on my home. How could there be a Heloc issue? How? Right? . . . It's a lie."

During the call, Cohen, who is preparing for a three-year prison term, confessed he felt like "a man all alone."

"You would think that you would have folks, you know, stepping up and saying, 'You know what, this guy's lost everything,'" Cohen said.

"My family's happiness, and my law license. I lost my business . . . my insurance, my bank accounts, all for what? All for what? Because Trump, you know, had an affair with a porn star? That's really what this is about."

Source: NewsMax America

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Deutsche Bank CEO and chair to stay in top roles after possible merger: Spiegel

FILE PHOTO: Christian Sewing, CEO of Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt
FILE PHOTO: Christian Sewing, CEO of Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt, Germany, February 1, 2019. REUTERS/Kai Pfaffenbach -/File Photo

April 12, 2019

FRANKFURT (Reuters) – Deutsche Bank’s current Chief Executive Christian Sewing and Chairman Paul Achleitner would continue to lead the bank if it merges with Commerzbank, a German magazine reported on Friday.

Der Spiegel, citing no sources, reported that Commerzbank’s CEO Martin Zielke would serve as deputy CEO of the combined group in charge of private and corporate banking.

Both banks declined to comment.

If the banks merge, Garth Ritchie of Deutsche Bank would continue to lead the investment bank, Spiegel reported.

Frank Strauss, who heads Deutsche’s retail bank would have to leave his position, the report said.

Achleitner would hold his post as chair of Deutsche Bank at least for a transition phase, Spiegel said.

(Reporting by Tom Sims and Andreas Framke; editing by Thomas Seythal and David Evans)

Source: OANN

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Dollar rises as ebbing economic concerns boost bond yields

FILE PHOTO: An employee counts U.S. dollar bills at a money exchange office in central Cairo
FILE PHOTO: An employee counts U.S. dollar bills at a money exchange office in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany.

April 2, 2019

By Shinichi Saoshiro

TOKYO (Reuters) – The dollar hit a two-week high against the yen on Tuesday, as ebbing concerns about the global economy pushed U.S. bond yields up from 15-month troughs.

The greenback was steady at 111.37 yen after touching 111.46, its highest since March 20.

U.S. Treasuries were sold and their yields had surged overnight, with the benchmark 10-year rate rising more than 8 basis points, as encouraging manufacturing data out of the United States and China spurred some investors to scale back their holdings of safe-haven bonds.[US/]

The 10-year Treasury yield stood at 2.492 percent, pulling back from a 15-month low of 2.34 percent brushed last week when risk aversion driven by concerns towards a global economic slowdown gripped the financial markets.

“The dollar is benefiting from broader ‘risk on,’ with bonds sold and stocks being bought in light of the strong U.S. ISM data,” said Shin Kadota, senior strategist at Barclays in Tokyo.

The Institute for Supply Management (ISM) said on Monday that its index of national factory activity rose to 55.3 in March from 54.2 in February, which had marked the lowest level since November 2016.

The firm factory activity reading was enough to overshadow an unexpected drop in February U.S. retail sales.

“Seasonal flows also appear to be helping the dollar, with the currency drawing demand from participants kicking off the new quarter,” Kadota at Barclays said.

The euro was down 0.1 percent at $1.1205. The single currency brushed $1.1198, its lowest since March 8, and was headed for its sixth straight day of losses.

The pound continued to move back and forth on Brexit-related developments.

Sterling last traded at $1.3059, down 0.35 percent, after the British parliament on Monday failed to agree on any alternative to Prime Minister Theresa May’s divorce deal from the European Union.

The pound had rallied on Monday on expectations that an agreement would eventually emerge, leading to some sort of a trade agreement between the European Union and Britain.

The Australian dollar, sensitive to shifts in risk sentiment, was a touch lower at $0.7108 after edging up 0.2 percent the previous day.

Immediate focus was on the Reserve Bank of Australia’s monetary policy decision due at 0330 GMT.

The central bank is expected to stand pat on interest rates, but its policy views will be closely watched after the Reserve Bank of New Zealand shocked the markets last week by adopting a dovish policy stance.

(Reporting by Shinichi Saoshiro; Editing by Sam Holmes)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

By Jan Wolfe and Richard Cowan

(Reuters) – The “i word” – impeachment – is swirling around the U.S. Congress since the release of Special Counsel Robert Mueller’s redacted Russia report, which painted a picture of lies, threats and confusion in Donald Trump’s White House.

Some Democrats say trying to remove Trump from office would be a waste of time because his fellow Republicans still have majority control of the Senate. Other Democrats argue they have a moral obligation at least to try to impeach, even though Mueller did not charge Trump with conspiring with Russia in the 2016 U.S. election or with obstruction of justice.

Whether or not the Democrats decide to go down this risky path, here is how the impeachment process works.

WHAT ARE GROUNDS FOR IMPEACHMENT?

The U.S. Constitution says the president can be removed from office by Congress for “treason, bribery, or other high crimes and misdemeanors.” Exactly what that means is unclear.

Before he became president in 1974, replacing Republican Richard Nixon who resigned over the Watergate scandal, Gerald Ford said: “An impeachable offense is whatever a majority of the House of Representatives considers it to be at a given moment in history.”

Frank Bowman, a University of Missouri law professor and author of a forthcoming book on the history of impeachment, said Congress could look beyond criminal laws in defining “high crimes and misdemeanors.” Historically, it can encompass corruption and other abuses, including trying to obstruct judicial proceedings.

HOW DOES IMPEACHMENT PLAY OUT?

The term impeachment is often interpreted as simply removing a president from office, but that is not strictly accurate.

Impeachment technically refers to the 435-member House of Representatives approving formal charges against a president.

The House effectively acts as accuser – voting on whether to bring specific charges. An impeachment resolution, known as “articles of impeachment,” is like an indictment in a criminal case. A simple majority vote is needed in the House to impeach.

The Senate then conducts a trial. House members act as the prosecutors, with senators as the jurors. The chief justice of the U.S. Supreme Court presides over the trial. A two-thirds majority vote is required in the 100-member Senate to convict and remove a president from office.

No president has ever been removed from office as a direct result of an impeachment and conviction by Congress.

Nixon quit in 1974 rather than face impeachment. Presidents Andrew Johnson in 1868 and Bill Clinton in 1998 were impeached by the House, but both stayed in office after the Senate acquitted them.

Obstruction of justice was one charge against Clinton, who faced allegations of lying under oath about his relationship with White House intern Monica Lewinsky. Obstruction was also included in the articles of impeachment against Nixon.

CAN THE SUPREME COURT OVERTURN?

No.

Trump said on Twitter on Wednesday that he would ask the Supreme Court to intervene if Democrats tried to impeach him. But America’s founders explicitly rejected making a Senate conviction appealable to the federal judiciary, Bowman said.

“They quite plainly decided this is a political process and it is ultimately a political judgment,” Bowman said.

“So when Trump suggests there is any judicial remedy for impeachment, he is just wrong.”

PROOF OF WRONGDOING?

In a typical criminal court case, jurors are told to convict only if there is “proof beyond a reasonable doubt,” a fairly stringent standard.

Impeachment proceedings are different. The House and Senate “can decide on whatever burden of proof they want,” Bowman said. “There is no agreement on what the burden should be.”

PARTY BREAKDOWN IN CONGRESS?

Right now, there are 235 Democrats, 197 Republicans and three vacancies in the House. As a result, the Democratic majority could vote to impeach Trump without any Republican votes.

In 1998, when Republicans had a House majority, the chamber voted largely along party lines to impeach Clinton, a Democrat.

The Senate now has 53 Republicans, 45 Democrats and two independents who usually vote with Democrats. Conviction and removal of a president would requires 67 votes. So that means for Trump to be impeached, at least 20 Republicans and all the Democrats and independents would have to vote against him.

WHO BECOMES PRESIDENT IF TRUMP IS REMOVED?

A Senate conviction removing Trump from office would elevate Vice President Mike Pence to the presidency to fill out Trump’s term, which ends on Jan. 20, 2021.

(Reporting by Jan Wolfe and Richard Cowan; Editing by Kevin Drawbaugh and Peter Cooney)

Source: OANN

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