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Charges dropped against former MLB star Lenny Dykstra

A judge has dropped drug and terroristic threat charges filed against former Major League baseball player Lenny Dykstra after an altercation with an Uber driver.

A judge dismissed the charges Friday after Dykstra pleaded guilty to disorderly conduct and was fined $125.

Dykstra says he is "happy this chapter of my life is behind me."

The three-time All-Star, who was a member of the New York Mets' 1986 championship team, said the driver tried to kidnap him after he asked to change the trip's destination.

The driver told police Dykstra held a gun to his head, though no weapon was found.

The driver tells NJ.com that Dykstra has "admitted to what he did in my car."

A kidnapping complaint filed against the driver is pending.

Source: Fox News National

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Japan Times president apologizes for ‘turmoil,’ warns leakers face punishment

FILE PHOTO: Descendants of Koreans who were conscripted to the Japanese imperial army or recruited for forced labor under Japan's colonisation surround a statue of a girl as they attend an anti-Japan rally in front of the Japanese embassy in Seoul
FILE PHOTO: Descendants of Koreans who were conscripted to the Japanese imperial army or recruited for forced labor under Japan's colonisation surround a statue of a girl as they attend an anti-Japan rally in front of the Japanese embassy in Seoul, South Korea, June 22, 2015. REUTERS/Kim Hong-Ji/File Photo

April 8, 2019

(This March 20th story corrects headline and lead to show the threat was punishment (not legal action)

TOKYO (Reuters) – The Japan Times, an English-language newspaper that amended its description of “comfort women” and wartime forced laborers last year, apologized to its staff last month, but threatened to punish anyone found leaking confidential information.

In a five-sentence note published last November, the paper said it would refer to Korean laborers simply as “wartime laborers” and would describe comfort women as “women who worked in wartime brothels, including those who did so against their will.”

The move polarized readers. Some saw it as an effort to whitewash Japan’s wartime history, while others celebrated the move as a way to correct foreign misinterpretations.

In an email sent to the paper’s staff on Feb 28, Japan Times president Takeharu Tsutsumi apologized for causing “turmoil.” A Japan Times source shared the email with Reuters; it was verified by several other employees at the paper.

The president explained that the purpose of the style change was to “enable us to report controversial issues in a fair and neutral manner,” and denied that the paper had shifted its political views.

“Some European and American media have accused us with the narrative that ‘The Japan Times’ editorial direction moved to the right following the change in ownership.’ Based on groundless speculation, this is inaccurate,” he wrote, adding that on the other hand “Japan’s right wingers seem to have welcomed this change, but by no means did we intend to reflect any right-wing views.”

Reuters called and emailed Tsutsumi for comment about the internal email. In response, a public relations representative for the Japan Times wrote in an email that it would not respond to queries about internal documents.

In January, Reuters published a story based on interviews with nearly a dozen sources at the Japan Times, as well as hundreds of pages of internal emails and presentation materials, that showed the revision was partly made to ease criticism that the publication was “anti-Japanese” and increase advertising revenue from Japanese corporations and institutions.

The issue of comfort women and Koreans forced to work in wartime factories and coal mines remains incendiary more than seven decades after the war.

Despite the backlash, Tsutsumi told staff there was no significant impact on the number of subscribers. In his email to staff last month, Tsutsumi also called the Reuters story “regrettable” and said it “coupled speculations with information taken out of context to promote a certain narrative.”

“According to the Reuters article, the company’s confidential materials and remarks made at the All Company Meeting appear to have been leaked,” he wrote, saying it was regrettable if any information had been divulged by employees.

“The act of leaking confidential information and the act of damaging the company’s reputation constitutes a violation of compliance,” he wrote. “If we learn the identity of the parties who leaked confidential information, we would have no other choice but to penalize them.”

Some of the paper’s staff have criticized the recent changes.

In an open letter published online last month ahead of the president’s email, Tozen, a labor union representing mostly foreign workers in several industries across Japan, and its Japan Times chapter demanded a full retraction of the style changes.

The paper’s local union, which has 15 members, has been in collective bargaining meetings with management over the issue. Members of the Japan Times chapter declined to comment on the contents of the recent all company e-mail.

“Both changes were pushed through with total disregard for the input of knowledgeable writers and editors, with zero advance notice, and the changes also show a disturbing disregard for the mainstream historical record,” the paper’s union members wrote in the letter.

(Reporting by Mari Saito; Editing by Gerry Doyle)

Source: OANN

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Paris to fine people riding electric scooters on sidewalks

FILE PHOTO: A woman walks past a dock-free electric scooter Lime-S by California-based bicycle sharing service Lime displayed on their launch day in Paris
FILE PHOTO: A woman walks past a dock-free electric scooter Lime-S by California-based bicycle sharing service Lime displayed on their launch day in Paris, France, June 22, 2018. REUTERS/Benoit Tessier/File Photo

April 3, 2019

PARIS (Reuters) – Paris plans to regulate the use of electric scooters with fines for riding on the sidewalks, designated parking spots and an annual fee for the scooter operator companies.

Ahead of national legislation on electric scooters expected this year, the French capital’s council voted to impose a 135 euro ($155) fine for riding on the sidewalk and a 35 euro fine for blocking the sidewalk with parked scooters, the city said on its website. The city will also remove badly parked scooters.

The city council said that while it supported new forms of mobility that replace polluting vehicles, the growth in the use of stand-up electric scooters was putting pedestrians at risk, notably old people and infants, while anarchic parking hinders parents with prams and people in wheelchairs.

By year-end, the city will also create some 2,500 dedicated parking spaces for scooters – called trottinettes in French – and is considering making it compulsory for riders to use them.

Several European cities already provide dedicated areas for scooter parking.

Nine companies – including California-based market leaders Lime and Bird – operate some 15,000 electric scooters Paris and the city estimates there could be 40,000 by year-end. Brands such as Bolt, Wind and Voi have also put hundreds of scooters on Paris roads.

The firms will have to pay an annual fee of at least 50 euros per scooters for the first 499 scooters, rising to 65 euros per scooter for companies operating more than 3,000, the city said.

Companies operating free-floating bicycles will also pay annual fees of 20 to 26 euros per bicycle.

In December, Madrid ordered Voi, Wind and Lime to remove their scooters from the streets, saying they had failed to comply with rules that determine which areas the scooters are allowed to operate in.

(Reporting by Geert De Clercq and Simon Carraud; Editing by Alison Williams)

Source: OANN

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Bosnia divided over UN ruling on wartime leader Karadzic

A U.N. court's decision Wednesday to uphold the genocide and war crimes convictions of ex-Bosnian Serb President Radovan Karadzic and sentence him to life behind bars was applauded by survivors of Bosnia's bloody '90s war — but blasted by the country's Serbs as biased.

Gathered in a memorial center near this eastern Bosnian town that was the scene of Europe's worst carnage since World War II, many wept and applauded as United Nations appeals judges in the Hague, Netherlands, increased Karadzic's sentence from 40 years to life imprisonment on Wednesday.

But while Bosnia's Muslims hailed the ruling as bringing at least some justice for Karadzic's victims, Serbs in Bosnia remained defiant, most of them stressing that the ruling is yet more proof that the United Nations judges are unfair.

The contrasting reactions reflect persisting divisions in Bosnia, long after the country's 1992-95 war ended.

The ruling was a "complete injustice for Serbs, for our history," declared Gradimir Miladinovic, from the Bosnian Serb town of Pale, the Bosnian Serb wartime stronghold outside Sarajevo. "He (Karadzic) was our president and he remains our president."

Bosnian Serb Prime Minister Radovan Viskovic complained that "no one has been held responsible for the crimes against Serbs," while Karadzic's Serb Democratic Party said the Hague court's only goal was "vilification of the Serb people."

The verdict, the party insisted, is "baseless and scandalously unjust."

The Serb member of Bosnia's multi-ethnic presidency, Milorad Dodik, described Wednesday's ruling as "arrogant and cynical."

Karadzic was one of the chief architects of the devastation of Bosnia's war. He and wartime commander Gen. Ratko Mladic were convicted of genocide in the Srebrenica massacre, when Serb forces slaughtered some 8,000 Muslim men and boys in 1995.

He was also convicted of other war crimes committed during the 1992-95 war that killed some 100,000 people — including the years-long shelling and siege of Sarajevo.

Relatives of the war's victims expressed relief.

"I am glad that I lasted long enough to see justice being served," said Fazila Efendic, whose husband and son were among the 8,000 Muslim men and boys killed in Srebrenica. "He (Karadzic) got what I expected, what he deserved, what is right."

Bosnia's war ended in a U.S.-brokered peace agreement that formed a Muslim-Croat and a Bosnian Serb entity in Bosnia, joined in a loose common government.

International officials in Bosnia urged the former foes to respect the ruling from The Hague and move on along the path of reconciliation.

___

Niksic reported from Sarajevo. Jovana Gec contributed from Belgrade, Serbia.

Source: Fox News World

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U.S. bank executives say Wall Street has reformed, though crisis scars linger

A Wall Street sign outside the New York Stock Exchange
FILE PHOTO - A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo

April 9, 2019

(Reuters) – The U.S. economy is strong and Wall Street has reformed practices that contributed to the financial crisis a decade ago, chief executives of some of the largest U.S. banks said in prepared testimony released by the House Financial Services Committee late on Monday.

But in discussing all the progress that has been made, there was also an acknowledgement that scars from the crisis linger, and that many consumers still have a negative perception of the financial industry.

“Confidence in U.S. financial services and the American economy remains uncertain,” wrote Jamie Dimon, CEO of JPMorgan Chase & Co, the largest U.S. bank.

Testimony from CEOs of Citigroup Inc, Goldman Sachs Group Inc, Morgan Stanley, Bank of New York Mellon, State Street Corp and Northern Trust also appeared.

Wednesday will mark the first time the largest U.S. banks have appeared before Congress since the 2008 financial crisis, and will see the CEOs face off against Democratic Representative Maxine Waters and progressives including Alexandria Ocasio-Cortez, who have fiercely criticized Wall Street. Waters leads the committee which vets financial companies on behalf of the U.S. lower house.

As the 2020 election race heats up, U.S. Democrats driven by progressive firebrands like Senators Bernie Sanders and Elizabeth Warren see financial inclusion as a draw for voters.

In their testimonies, the chief executives emphasized a range of regulatory measures including stress tests and so-called “living wills” adopted since 2008 that have helped bolster capital levels and improve the safety and soundness of the U.S. system, as well as other improvements to risk management and culture.

Some banks including Morgan Stanley also emphasized the contribution they make to the U.S. economy through community lending, underwriting and green finance, while also acknowledging the industry needed to do better on liberal issues like diversity.

“We recognize that we have significant work to do to achieve our diversity goals, and that it requires efforts at every level of the firm to deliver results over the long term,” Morgan Stanley CEO James Gorman wrote in his testimony.

Citigroup said the biggest U.S. banks are in a better position to handle an economic downturn at present than they were during the last crisis, adding that the bank has doubled its regulatory capital since the financial crisis despite shrinking its balance sheet by $500 billion over the last decade.

“We recognize that rebuilding trust is harder than rebuilding your balance sheet,” said Citigroup Chief Executive Mike Corbat.

The executives also discussed cybersecurity, diversity initiatives, executive compensation and controversial arbitration clauses in consumer contracts, in response to questions asked by Waters, who invited them to appear.

(Reporting by Lauren LaCapra and Imani Moise in New York, Michelle Price in Washington and Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)

Source: OANN

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Brexit stalls investments by sovereign wealth funds in Britain

FILE PHOTO: People walk alongside the Thames as the sun sets behind The Shard in London
FILE PHOTO: People walk alongside the Thames as the sun sets behind The Shard in London, Britain, December 3, 2018. REUTERS/Simon Dawson/File Photo

April 18, 2019

By Tom Arnold

LONDON (Reuters) – Britain has long been a favored playground for sovereign wealth funds from around the world to snap up glitzy skyscrapers, banking stakes and posh department stores.

However, uncertainty over Britain’s tortuous exit from the European Union has put many new investments on ice, say sources close to the funds.

Last year, there was a sharp drop in investments by wealth funds via private equity, with deals falling more than two-thirds from 2017 to $3.82 billion, according to PitchBook, a data and research firm.

“A lot of funds are simply not pursuing deals (due to Brexit), while they wait for certainty,” said Tihir Sarkar, London-based partner at Cleary Gottlieb, which counts several prominent sovereign funds as clients.

Brexit has now been postponed until Oct 31 so parliament can agree terms. While that prevents Britain from crashing out without a transition period in place, it also prolongs political and economic uncertainty.

At least Britain managed to draw a vote of confidence in February when Norway’s $1 trillion sovereign wealth fund, the world’s biggest, said it planned to keep increasing UK investments.

Most large sovereign funds contacted by Reuters did not respond or declined to provide comment, but several said their commitment to Britain remained unchanged while a couple acknowledged a pause in investments.

Abu Dhabi’s Mubadala Investment, which has its largest exposure to UK real estate and financial services and whose unit Masdar owns 20 percent of the London Array offshore wind farm, has not made any changes to its investment strategy or portfolio in anticipation of Brexit, spokesman Brian Lott said.

“Our long-term strategy is opportunistic, so we will weigh the investment climate either way,” he said.

A spokesperson for the Hong Kong Monetary Authority, which has investment portfolio assets estimated at $509.4 billion, said it was watching the Brexit situation and “keeps under constant review the need to adjust the Exchange Fund’s investment strategies accordingly.”

But sources close to two other funds, who requested anonymity, said they were freezing investments until there was greater clarity on Brexit.

British authorities may be getting concerned: two sources close to the sovereign fund industry said several funds had been asked by British officials, including ministers, for assurances they would remain committed to existing investments.

LONG FAVORED

There are some bright spots.

PitchBook data shows venture capital deal flow with sovereign fund participation in Britain rose 70 percent last year to $1.28 billion. And the pound’s drop in value against the dollar since June 2016 appeared to have boosted allocations to external fund managers based in London, Sarkar said.

“We’ve been really busy,” he added. “That’s not small amounts, so £500 million ($651 million) at a time, and those allocations have increased [since Brexit].”

Britain still ranks joint-third along with India, for investments by sovereign wealth funds in 2017 and 2018, behind the United States and China, according to a report by Spain’s IE University and ICEX. But it dropped out of the top five country destinations as a percentage of total deal volume in 2018, the report noted.

Examples abound of the kind of uncertainties Brexit has created for sovereign funds’ British holdings.

China Investment Corp’s 2017 acquisition of European warehouse firm Logicor was one such case, said Javier Capapé, director of sovereign wealth research at IE University.

“Most of the warehouses are not in the UK but in the EU, bringing potential issues in the case of a hard Brexit,” he said, noting also risks to businesses such as airports and financial services, where sovereign investors are heavily involved.

London’s Heathrow Airport is partly owned by Qatar Investment Authority (QIA) and China Investment Corp, while QIA and Singapore’s Temasek Holdings own stakes in Barclays and Standard Chartered, respectively.

Brexit has contributed to hastening a shift away from real estate, traditionally a favored choice for investment in Britain, to technology.

“I see a structural shift as with real estate you’re a little bit more exposed if you have a low-growth UK which is the expectation with Brexit scenarios,” said Elliot Hentov, head of policy and research at the official institutions group of State Street Global Advisors.

“But that won’t affect your high-value add technology and export sectors which will thrive regardless of Brexit, so you see a focus on sectors kind of independent of the uncertainty.”

QIA, one of the funds most active in Britain, particularly in real estate, is also diversifying its focus after amassing several London trophy assets, such as The Shard, Savoy and Connaught hotels and the high-end Harrods store. It agreed to buy another hotel, the Grosvenor House, Reuters reported in November.

“We’ve seen a decline (in British investment) in the past year or two. Real estate investment is definitely declining,” said a source familiar with QIA’s thinking, adding that it was looking more towards the Americas.

(Additional reporting by Alun John in Hong Kong; Editing by Andrew Cawthorne)

Source: OANN

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Several people buried in Swiss avalanche: police

News conference following an avalanche in Crans-Montana
(L-R) director of Crans-Montana lifts (CMA) Philippe Magistretti, Head of Police du Valais Christian Varone, county councillor Frederic Favre, Director of Organisation Cantonale Valaisanne des Secours (OCVS) Jean-Marc Bellagamba, and prosecutor Catherine Seppey attend a news conference following an avalanche in Crans-Montana, Switzerland, February 19, 2019. REUTERS/Cecile Mantovani

February 19, 2019

CRANS-MONTANA, Switzerland (Reuters) – An avalanche buried skiers on a busy slope of the Swiss resort of Crans-Montana on Tuesday, police said, as scores of rescuers worked to dig out survivors.

The Nouvelliste, a local newspaper, quoted the commune’s president Nicolas Feraud as saying 10 to 12 people were believed to be trapped. The paper said the avalanche covered 300-400 meters of a piste.

Contacted by Reuters, Feraud declined to comment on how many people he believed to be trapped.

The French-language Swiss public broadcaster said rescuers pulled out four people, but there was no indication on their condition.

The avalanche, in mid-afternoon, came after a week of warmer temperatures began melting heavy snow. But the Swiss Institute for Snow and Avalanche Research said the danger for the area had been only 2 on a scale of 5 on Tuesday.

“An avalanche occurred in the Plaine-Morte sector, search and rescue teams are on site. Several people are buried,” Valais cantonal police said on Twitter.

In a separate statement, the Crans-Montana ski lift company said a ski patroller had set off the alarm at 1323 GMT and “the circumstances of the incident are not yet known”.

Philippe Magistretti, president of the ski lift company, told Reuters by telephone from the resort: “About 100 rescue workers are on site. We also have people from the army who were here ahead of the World Cup.” The resort was scheduled to host two women’s races this weekend.

“The amount of snow is incredible, two meters deep and 300 meters long. It’s a spring avalanche which is very compact,” the Nouvelliste quoted one unnamed rescue worker as saying. Rescue dogs had not found anyone during a first search, he added.

The avalanche coincided with school holidays in some cantons, including Geneva, as well as overseas. Britain’s Blackheath High School tweeted that all its students on a ski trip in the area were safe.

“There were about 8,000 skiers on the slopes, which is a good day,” Magistretti said.

Four helicopters and rescue teams were at the site. A police news conference was due to start at 1800 GMT.

Marius Robyr, in charge of organizing the World Cup races, was quoted in the daily Tribune de Geneve earlier on Tuesday as saying there was 1 to 1.5 meters of snow on La Nationale ski piste. He said it was closed to tourists ahead of the practice sessions and downhill and combined races.

“Our only ‘enemy’ is the sun,” he said.

(Reporting by Stephanie Nebehay, Tom Miles and Marina Depetris; writing by Stephanie Nebehay; Editing by Janet Lawrence)

Source: OANN

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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149.95

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149.95

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DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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Source: InfoWars

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DNA Force Plus

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149.95

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149.95

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149.95

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149.95

119.96

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149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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Source: InfoWars

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
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