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Interserve finance chief resigns weeks after rescue deal

FILE PHOTO: The Interserve logo is seen on a flag at Interserve offices in Twyford
FILE PHOTO: The Interserve logo is seen on a flag at Interserve offices in Twyford, Britain January 17, 2018. REUTERS/Peter Nicholls

April 24, 2019

(Reuters) – Britain’s troubled outsourcer Interserve Group Ltd said on Wednesday its finance chief Mark Whiteling had resigned after being in the post since Oct. 2017.

Whiteling’s resignation comes weeks after the debt-laden company was placed in administration following a rescue plan that was rejected by its shareholders.

The statement confirms Sky News report that said Whiteling resigned to pursue his non-executive career.

(Reporting by Samantha Machado in Bengaluru; Editing by James Emmanuel)

Source: OANN

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Democrats make legal bid for all Russia probe evidence, Trump poll numbers drop

The Muller Report on the Investigation into Russian Interference in the 2016 Presidential Election is pictured in New York
The Mueller Report on the Investigation into Russian Interference in the 2016 Presidential Election is pictured in New York, New York, U.S., April 18, 2019. REUTERS/Carlo Allegri

April 19, 2019

By Doina Chiacu and David Morgan

WASHINGTON (Reuters) – Congressional Democrats on Friday took legal action to get hold of all of U.S. Special Counsel Robert Mueller’s evidence from his inquiry into Russian meddling in the 2016 election, as the probe’s findings hit President Donald Trump’s poll ratings.

The number of Americans who approve of Trump dropped by 3 percentage points to the lowest level of the year following the release of a redacted version of Mueller’s report on Thursday, according to a Reuters/Ipsos online opinion poll.

Mueller did not establish that the Trump campaign coordinated with Russians but did find “multiple acts by the President that were capable of exerting undue influence over law enforcement investigations.”

While Mueller ultimately decided not to charge Trump with a crime such as obstruction of justice, he also said that the investigation did not exonerate the president, either.

U.S. House of Representatives Judiciary Committee Chairman Jerrold Nadler, a Democrat, issued a subpoena to the Justice Department to hand over the full Mueller report and other relevant evidence by May 1.

“My committee needs and is entitled to the full version of the report and the underlying evidence consistent with past practice. The redactions appear to be significant. We have so far seen none of the actual evidence that the Special Counsel developed to make this case,” Nadler said in a statement.

The report provided extensive details on Trump’s efforts to thwart Mueller’s investigation, giving Democrats plenty of political ammunition against the Republican president but no consensus on how to use it.

The document has blacked out sections to hide details about secret grand jury information, U.S. intelligence gathering and active criminal cases as well as potentially damaging information about peripheral players who were not charged.

Democratic leaders played down talk of impeachment of Trump just 18 months before the 2020 presidential election, even as some prominent members of the party’s progressive wing, notably U.S. Representative Alexandria Ocasio-Cortez, promised to push the idea.

‘CRAZY MUELLER REPORT’

Trump, who has repeatedly called the Mueller probe a political witch hunt, lashed out again on Friday.

“Statements are made about me by certain people in the Crazy Mueller Report…which are fabricated & totally untrue,” Trump wrote on Twitter.

He seemed to be referring to former White House counsel Don McGahn who was cited in the report as having annoyed Trump by taking notes of his conversations with the president.

“Watch out for people that take so-called “notes,” when the notes never existed until needed.” Trump wrote, “it was not necessary for me to respond to statements made in the “Report” about me, some of which are total bullshit & only given to make the other person look good (or me to look bad).”

Phone conversations between the president and McGahn in June 2017 were a central part of Mueller’s depiction of Trump as trying to derail the Russia inquiry. The report said Trump told McGahn to instruct the Justice Department to fire Mueller. McGahn did not carry out the order.

In analyzing whether Trump obstructed justice, Mueller revealed details about how the president tried to fire him and limit his investigation, kept details of a June 2016 meeting between senior campaign officials and a Russian under wraps, and possibly dangled a pardon to a former adviser.

According to the Reuters/Ipsos poll of 1,005 adults conducted Thursday afternoon to Friday morning, 37 percent of people approve of Trump’s performance in office – down from 40 percent in a similar poll conducted on April 15 and matches the lowest level of the year. The poll has a credibility interval, a measure of precision, of 4 percentage points.

Representative Doug Collins, the top Republican on the House Judiciary Committee, said the Democrats’ subpoena “is wildly overbroad” and would jeopardize a grand jury’s investigations.

The Mueller inquiry laid bare what U.S. intelligence agencies have described as a Russian campaign of hacking and propaganda to sow discord in the United States, denigrate 2016 Democratic candidate Hillary Clinton and boost Trump.

Russia said on Friday that Mueller’s report did not contain any evidence that Moscow had meddled. “We, as before, do not accept such allegations,” Kremlin spokesman Dmitry Peskov said.

Asked on Friday about Russian interference in 2016, U.S. Secretary of State Mike Pompeo said in Washington that “we will make very clear to them that this is not acceptable behavior.”

Trump has tried to cultivate good relations with Russian President Vladimir Putin, and came under heavy criticism in Washington last year for saying after meeting Putin that he accepted his denial of election meddling, over the conclusions of U.S. intelligence agencies.

Half a dozen former Trump aides, including former campaign chairman Paul Manafort, were charged by Mueller’s office or convicted of crimes during his 22-month-long investigation. The Mueller inquiry spawned a number of other criminal probes by federal prosecutors in New York and elsewhere.

OBSTRUCTION

One reason it would be difficult to charge Trump is that the Justice Department has a decades-old policy that a sitting president should not be indicted, although the U.S. Constitution is silent on whether a president can face criminal prosecution in court.

A paragraph in the report is at the heart of whether Mueller, a former FBI director, intended Congress to pursue further action against Trump.

“The conclusion that Congress may apply the obstruction laws to the President’s corrupt exercise of the powers of office accords with our constitutional system of checks and balances and the principle that no person is above the law,” Mueller wrote.

Republican Collins said Democrats had misconstrued that section of the report to suit their anti-Trump agenda.

“There seems to be some confusion…This isn’t a matter of legal interpretation; it’s reading comprehension,” Collins wrote on Twitter.

“The report doesn’t say Congress should investigate obstruction now. It says Congress can make laws about obstruction under Article I powers,” Collins said.

Nadler told reporters on Thursday that Mueller probably wrote the report with the intent of providing Congress a road map for future action against the president, but the Democratic congressman said it was too early to talk about impeachment.

House Democratic leader Steny Hoyer on Thursday advised against an immediate attempt to impeach Trump. “Very frankly, there is an election in 18 months and the American people will make a judgment,” Hoyer told CNN.

But the House Oversight Committee’s Democratic chairman, Elijah Cummings, said impeachment was not ruled out.

“A lot of people keep asking about the question of impeachment … We may very well come to that very soon, but right now let’s make sure we understand what Mueller was doing, understand what Barr was doing, and see the report in an unredacted form and all of the underlying documents,” he told MSNBC.

Short of attempting impeachment, Democratic lawmakers can use the details of Mueller’s report to fuel other inquiries already underway by congressional committees.

Only two U.S. presidents have been impeached: Bill Clinton on charges of perjury and obstruction of justice in 1998 and Andrew Johnson in 1868 after firing his secretary of war in the tumultuous aftermath of the American Civil War. Both were acquitted by the Senate and stayed in office.

In 1974, a House committee approved articles of impeachment against President Richard Nixon over the Watergate scandal but he resigned before the full House voted on impeachment.

(For a graphic on ‘Link to Mueller report’ click https://graphics.reuters.com/USA-TRUMP-RUSSIA/010091HX27V/report.pdf)

(For a graphic on ‘A closer look at Mueller report redactions’ click https://tmsnrt.rs/2VSx7HZ)

(Reporting by David Morgan and Doina Chiacu; Additional reporting by Karen Freifeld, Nathan Layne, Sarah N. Lynch and Andy Sullivan; Writing by Alistair Bell; Editing by Grant McCool)

Source: OANN

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U.S. Senate Republicans defeat Green New Deal resolution

FILE PHOTO: U.S. Representative Ocasio-Cortez and Senator Markey hold a news conference for their proposed
FILE PHOTO: U.S. Representative Alexandria Ocasio-Cortez (D-NY) and Senator Ed Markey (D-MA) hold a news conference for their proposed "Green New Deal" to achieve net-zero greenhouse gas emissions in 10 years, at the U.S. Capitol in Washington, U.S. February 7, 2019. REUTERS/Jonathan Ernst/File Photo

March 26, 2019

WASHINGTON (Reuters) – Senate Republicans on Tuesday defeated the “Green New Deal” resolution that called for tackling climate change by moving the United States off fossil fuels, while Democrats said the vote was a political stunt on an issue that will rise in importance.

The vote was 57 against the resolution in the 100-member chamber, with 43 Democrats voting “present.” Republicans won over Democratic Senators Joe Manchin and Kyrsten Sinema and one independent senator, Angus King, who usually votes with the Democrats.

(Reporting by Timothy Gardner; Editing by Leslie Adler)

Source: OANN

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Athletics: Semenya says ‘no threat’ to women’s sport

Diamond League - Zurich
FILE PHOTO: Athletics - Diamond League - Letzigrund Stadium, Zurich, Switzerland - August 30, 2018 Caster Semenya of South Africa celebrates winning the Women's 800m REUTERS/Moritz Hager

March 27, 2019

CAPE TOWN (Reuters) – Double Olympic 800-meters champion Caster Semenya says she is “no threat” to women’s sport and that recent comments from International Association of Athletics Federations (IAAF) President Sebastian Coe have reopened old wounds.

Semenya is awaiting a Court of Arbitration for Sport verdict on her appeal against an IAAF regulation that says female athletes classed as having differences in sexual development (DSDs) gain an unfair advantage due to their higher testosterone levels, though only in races between 400 and 1,000m.

Under the new rules, athletes classed as having DSDs must reduce their blood testosterone level to below five (5) nmol/L for a continuous period of six months before they can compete. They must then maintain it below that level continuously.

The Court had been due to announce its decision on Tuesday but has postponed it until late April.

Coe told Australia’s Daily Telegraph at the weekend: “The reason we have gender classification is because if you didn’t then no woman would ever win another title or another medal or break another record in our sport.”

In response Semenya, in a statement through her lawyers, said: “The scars Ms Semenya has developed over the past decade run deep.

“Reading the comments of Mr. Coe this weekend opened those old wounds and the reference by the Daily Telegraph (Australia) to ‘the muscle-packed Semenya’ is just the latest illustration of how the issues have been distorted by innuendo.”

The statement continued: “Mr. Coe is wrong to think Ms Semenya is a threat to women’s sport,” calling her a “heroine” and “inspirational role model” to young girls.

Semenya also sought to differentiate her case from those of transgender athletes who were formerly male but have now entered the female sporting arena.

“Ms Semenya is a woman. There is no debate or question about this and the IAAF does not dispute this,” the statement continued.

“She was born a woman, raised a woman, socialized as a woman and has competed as a woman her entire life.

“Mr. Coe may have views about transgender women in sport, but that is a different issue.

“Ms Semenya does not wish to undergo medical intervention to change who she is and how she was born. She wants to compete naturally.”

(Reporting by Nick Said; Editing by Peter Rutherford)

Source: OANN

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Thai activists protest against commission after chaotic poll

An activist holds a poster as she protests the election result in Bangkok
An activist holds a poster as she protests the election result in Bangkok, Thailand, March 31, 2019. REUTERS/Soe Zeya Tun

March 31, 2019

By Patpicha Tanakasempipat

BANGKOK (Reuters) – More than 100 opposition activists protested in central Bangkok on Sunday, accusing the election commission of delaying and manipulating the results of the first polls since a 2014 coup.

A week after the March 24 vote, the outcome of Thailand’s national election remains uncertain and might not be known until after the commission publishes official results due on May 9.

The body released partial results the night of the vote, and took four more days to publish fuller counts, showing a party supporting the ruling military junta winning the popular vote but the opposition Pheu Thai party ahead in partial results of House of Representatives seats.

Both the Palang Pracharat party – which seeks to keep junta leader Prayuth Chan-ocha in office – and an anti-junta “democratic front” of seven parties, led by Pheu Thai, have claimed a mandate to form the next government.

“Get out! Stop cheating! Respect the people!” chanted the protesters close to the city’s Victory Monument.

They urged bystanders to add to the 830,000 signatures on an online petition to impeach the commission. The commission has declined to comment on criticism of its handling of the results.

The post-election standoff could raise tensions just as the Southeast Asian country prepares for the elaborate coronation of King Maha Vajiralongkorn in May.

On Saturday, the king issued an order revoking royal decorations that had been awarded to former prime minister Thaksin Shinawatra, who was ousted in an earlier 2006 army coup and is linked to the Pheu Thai party.

The move could hurt the standing of Thaksin and the affiliated party in the eyes of many Thais, because the monarchy is revered without question in Thai culture.

Thaksin-linked parties have won every election since 2001. The 2014 coup ousted a Pheu Thai-led government that had Thaksin’s sister, Yingluck Shinawatra, as prime minister.

(Reporting by Patpicha Tanakasempipat; Editing by Kay Johnson and Andrew Heavens)

Source: OANN

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Families of Christchurch dead in agonizing wait for burials

Families of the 50 people killed in the Christchurch mosque shootings are enduring an increasingly agonizing wait for the bodies of victims to be released as New Zealand reels from the unprecedented tragedy.

Three days after Friday's attack, New Zealand's deadliest shooting in modern history, relatives were anxiously waiting for word on when they can bury their loved ones. Islamic tradition calls for bodies to be cleansed and buried as soon as possible after death.

Aya Al-Umari, whose older brother Hussien Al-Umari died at the Al Noor mosque, said "It's very unsettling not knowing what's going on, if you just let me know — is he still in the mosque? Is he in a fridge? Where is he?"

Authorities say they hope to release all the bodies by Wednesday.

Source: Fox News World

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Nissan brand Infiniti aims to launch first electric car in three years, made in China

The Infiniti logo is seen at the North American International Auto Show in Detroit, Michigan
The Infiniti logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Jonathan Ernst

April 10, 2019

BEIJING (Reuters) – The first electric car for Nissan Motor Co’s premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement viewed by Reuters ahead of a public announcement expected as soon as Wednesday.

The vehicle would hit the market around three years, and consumers would get a taste when the company unveils a concept car, dubbed the Qs Inspiration electric sedan, at the Shanghai auto show later this week, Nissan officials said.

“China has the most growth potential for electric vehicles globally, especially in the premium segment,” Infiniti Chairman Christian Meunier said in the statement seen by Reuters.

(Reporting by Norihiko Shirouzu; Editing by Stephen Coates)

Source: OANN

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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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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