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Suspect charged with ordering killing of Slovak reporter

Slovakia's police say they have charged a suspect with ordering the slaying of an investigative reporter and his fiancee, a case that brought down the Slovak government.

Police didn't immediately name the suspect, but state prosecutors are planning a news conference later Thursday.

Jan Kuciak and Martina Kusnirova were shot to death in their home on Feb. 21, 2018. Slovak authorities believe it was a contract killing linked to Kuciak's work. He was investigating possible government corruption and ties between politicians and Italian mobsters.

Four suspects have been charged but the mastermind was believed to be still at large.

The killings triggered major street protests and a political crisis that led to the dismissal of the national police chief and the government's collapse.

Source: Fox News World

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Syria claims Israel struck targets in the country's north

Syrian state media is reporting that the country's air defenses have responded to an "Israeli air aggression" targeting positions in the northern Aleppo province.

State TV quotes a military official saying the late Wednesday strikes targeted positions in an industrial area northeast of Aleppo city. The unnamed military official says Syrian air defenses have intercepted a number of "attacking missiles."

The night strikes come at a time of heightened tension between Israel and Syria, following Monday's decision by the U.S. administration to recognize Israel's control over the Golan Heights it occupied from Syria in 1967. The decision sparked worldwide condemnation and protests in Syria.

Israel has recently acknowledged it has been striking Iranian targets in Syria. The last such strikes were in January. Iran is a Damascus ally.

Source: Fox News World

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China infrastructure investment under pressure, state planner says

FILE PHOTO: Man walks near a shantytown to be redeveloped, in front of apartment buildings, in Fu county in the south of Yanan
FILE PHOTO: A man walks near a shantytown to be redeveloped, in front of apartment buildings, in Fu county in the south of Yanan, Shaanxi province, China January 2, 2019. REUTERS/Yawen Chen

February 26, 2019

BEIJING (Reuters) – Infrastructure investment plans are under pressure in China as the confidence of investors in them has dipped, the state planner said on Tuesday, adding that some provinces have seen a sharp drop in planned projects.

In China, infrastructure projects are usually carried out by local and other state-controlled bodies.

The National Development and Reform Commission (NDRC) said in a report that manufacturing investment may also face some downward pressure in the first half of 2019, as company profits have been squeezed since late last year on sluggish demand and weak prices.

Property investment in the first quarter will maintain relatively rapid growth as some projects have been under construction since 2018, but new construction starts may suffer a decline, the NDRC said.

(Reporting by Beijing Monitoring Desk and Yawen Chen; Editing by Richard Borsuk)

Source: OANN

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Boeing says successfully tested new 737 MAX software in CEO flight

FILE PHOTO: Dennis Muilenburg, CEO, Boeing speaks during a roundtable discussion on defense issues with U.S. President Donald Trump at Luke Air Force Base
FILE PHOTO: Dennis Muilenburg, CEO, Boeing speaks during a roundtable discussion on defense issues with U.S. President Donald Trump at Luke Air Force Base, Arizona, U.S., October 19, 2018. REUTERS/Jonathan Ernst/File Photo

April 3, 2019

(Reuters) – Boeing Co said on Wednesday its chief executive, Dennis Muilenburg, had joined a test flight on a 737 MAX 7 jetliner for a demonstration of updated MCAS anti-stall software. 

The software is at the center of investigations in the crash of Ethiopian Flight 302 last month and a Lion Air accident in Indonesia five months earlier. Both involved the slightly larger 737 MAX 8 model, which features the same cockpit.

During Wednesday’s test flight, the flight crew performed different scenarios to test failure conditions, Boeing said.

“The software update worked as designed, and the pilots landed safely at Boeing Field (near Seattle),” it said in a statement.

“Boeing will conduct additional test and demo flights as we continue to work to demonstrate that we have identified and appropriately addressed all certification requirements. We will submit the update for FAA (Federal Aviation Administration) review once that work has been completed in the coming weeks.”

(Reporting by Tim Hepher; editing by Jonathan Oatis)

Source: OANN

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Jailed Reuters reporters win Pulitzer Prize

Detained Reuters journalists Wa Lone and Kyaw Soe Oo arrive at Insein court in Yangon
FILE PHOTO: Detained Reuters journalists Wa Lone and Kyaw Soe Oo arrive at Insein court in Yangon, Myanmar August 27, 2018. REUTERS/Myo Kyaw Soe

April 15, 2019

NEW YORK (Reuters) – Reuters won a Pulitzer Prize for international reporting on Monday including an investigative report that revealed the massacre of 10 Muslim Rohingya men by Buddhist villagers and Myanmar security forces, the Pulitzer administrator announced.

The Pulitzers, the most prestigious prizes in American journalism, have been awarded since 1917 after being established in the will of newspaper publisher Joseph Pulitzer. The 18-member Pulitzer board is made up of past winners and other distinguished journalists and academics.

(Reporting by Daniel Trotta; Editing by Bill Rigby)

Source: OANN

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Brazil automaker CAOA signs agreement with Ford over plant purchase: source

The Ford logo is seen at the Ford oldest Brazil plant after company announced its closure in Sao Bernardo do Campo
The Ford logo is seen at the Ford oldest Brazil plant after company announced its closure in Sao Bernardo do Campo, Brazil February 21, 2019. REUTERS/Amanda Perobelli

March 30, 2019

By Marcelo Rochabrun

SAO PAULO (Reuters) – Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a potential purchase of Ford Motor Co’s plant in the industrial city of Sao Bernardo do Campo, according to a source familiar with the matter.

Ford in February announced it would shut down the plant, its oldest one in the country, amid a global restructuring plan, costing 3,000 jobs.

The announcement triggered a campaign led by Sao Paulo governor Joao Doria to find a buyer for the space.

Reuters reported CAOA’s interest in the factory last month, but at the time there were up to three different companies interested in buying it up.

Ford declined to comment on the confidentiality agreement or whether CAOA had been the one to sign it. CAOA did not immediately respond to a request for comment.

Negotiations are not final, but it is a sign that the two companies are closer to reaching a deal, the source said.

Brazil has long been South America’s automaking hub and has led many brand name global carmakers to set up shop here. But CAOA is the rare company that is actually domestically owned. It currently produces cars for Hyundai and owns a 50 percent stake in China’s Chery operation in Brazil, which led to the rebranding of the cars as CAOA Chery.

It also has a close relationship with Ford as its single largest distributor in Brazil.

(Reporting by Marcelo Rochabrun, Editing by Franklin Paul)

Source: OANN

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Greenwald Rips Media for Not Condemning Assange Arrest

Journalist and The Intercept founder Glenn Greenwald went on a Twitter rampage Thursday, excoriating fellow reporters who didn’t denounce the arrest of Julian Assange.

Greenwald tweeted:

"If you're a US media star who has spent 2 years claiming to be so concerned about press freedoms over Trump's mean tweets about your friends, but don't raise your voice in protest over this grave attack on press freedom, take a hard look in the mirror."

He also blasted reporters who were silent after the Department of Justice announced its hacking accusation against Assange for allegedly helping Chelsea Manning break into a Department of Defense computer.

Greenwald asserted the DOJ is wrong — and it essentially was criminalizing journalism.

Greenwald tweeted:

"The DOJ says part of what Assange did to justify his prosecution – beyond allegedly helping Manning get the documents – is he encouraged Manning to get more docs for him to publish.

"Journalists do this with sources constantly: It's the criminalization of journalism."

MSNBC justice and security analyst Matthew Miller, however, countered Greenwald's argument, leading the pair to debate about whether hacking is a "journalistic technique."

Greenwald famously reported on U.S. and British global surveillance programs based on documents provided by former National Security Agency contractor and whistleblower Edward Snowden.

Source: NewsMax America

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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