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Syria's defense minister slams 'illegitimate' US presence

Syria's defense minister has slammed what he called the "illegitimate" U.S. military presence in his country, vowing that Syria has a right to self-defense.

Gen. Ali Ayoub spoke on Monday in the capital, Damascus, during a rare joint news conference with visiting Iranian and Iraqi army commanders.

The U.S. currently has about 2,000 troops in eastern Syria and is expected to withdraw hundreds of them in the coming months.

The meeting illustrates the strong alliance between Iran, Iraq and Syria at a time when the U.S. is seeking to isolate and increase sanctions against Iran and its regional allies.

The Iraqi army commander, Gen. Osman Ghanemi, also said a border crossing between Syria and Iraq is to be opened in the coming days.

Source: Fox News World

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Exclusive: House panel seeks to depose Trump tax, ethics attorneys

FILE PHOTO: President Trump hosts discussion with U.S. governors at the White House in Washington
FILE PHOTO: U.S. President Donald Trump speaks during a meeting with U.S. governors at the White House in Washington, U.S., February 25, 2019. REUTERS/Jim Young

February 27, 2019

By Ginger Gibson

WASHINGTON (Reuters) – A U.S. House panel investigating President Donald Trump wants to depose Trump’s long-time tax lawyer Sheri Dillon, as well as Stefan Passantino, former deputy White House Counsel in charge of compliance and ethics, according to letters sent to both of them on Wednesday and seen by Reuters.

House of Representatives Oversight Committee Chairman Elijah Cummings, a Democrat, said in the letters that the panel wants to ask about Trump’s legally mandated financial ethics disclosures.

The panel, the letters said, also seeks information about payments made before the 2016 presidential election by former Trump personal attorney Michael Cohen to buy the silence of women who claimed they had affairs with the married Trump.

Neither Dillon nor Passantino responded immediately to requests for comment. The White House also did not immediately have a comment.

The letters, sent hours before Cohen was set to testify to the committee about his work for Trump, signals a widening of its investigation into Trump’s personal finances.

Dillon has a deep understanding of the president’s tax filings. Breaking with decades of presidential tradition, Trump has refused to make his tax returns public, leading other Democrats in Congress also to seek them. The letter did not indicate the committee would question Dillon about Trump’s tax returns.

The Cummings letters targets a 92-page ethics disclosure form that Trump filed in May 2018. It said he repaid Cohen in 2017 for a $130,000 payment made weeks before the November 2016 election to porn actress Stephanie Clifford, known as Stormy Daniels, to silence her over an alleged sexual encounter with Trump in 2006.

A June 2017 disclosure filed by Trump did not list a debt owed to Cohen. Some critics of the president have said this omission amounted to filing a false report, a federal crime.

In the letters to Dillon and Passantino, Cummings wrote that interviews with them “will address issues related to President Donald Trump’s financial disclosure reporting and the reimbursement of Michael Cohen for payments to silence women alleging affairs before the 2016 election.”

He added that, to accommodate committee Republicans’ concerns, Dillon and Passantino would be able to provide “a first-hand account of your interactions with the Office of Government Ethics.”

Passantino’s signature appeared on the 2018 disclosure filing, confirming that he concluded Trump was “in compliance with applicable laws and regulations.”

Passantino, summoned to appear on March 18, is now a legal adviser to the Trump Organization, the president’s business.

Dillon, summoned to appear on March 19, is a partner at the law firm Morgan, Lewis & Bockius. She detailed Trump’s business investments at a press conference in 2016 shortly after he was elected and would likely have helped prepare the ethics disclosure, which provides an account of his business holdings.

(Reporting by Ginger Gibson; Editing by Kevin Drawbaugh and Lisa Shumaker)

Source: OANN

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Gun Groups: Million-Plus Extended Magazines Flood California

More than a million high-capacity ammunition magazines flooded into California during a one-week window created when a federal judge temporarily threw out the state's ban, gun owners' groups estimated Thursday.

Reform groups said the projections are self-serving as gun rights organizations try to make the case that magazines holding more than 10 bullets are so common now that a ban is impractical.

The magazines aren't tracked. But there are plenty of anecdotal indications that the floodgates briefly opened when U.S. District Judge Roger Benitez overturned the state's nearly 20-year-old ban late last month.

The judge halted sales a week later, but ruled that those who bought the magazines can legally own them while the state appeals his ruling.

"Everything was all sold out. I basically took whatever I could get," said Chris Puehse, who owns Foothill Ammo in Shingle Springs, east of Sacramento.

He fielded dozens of telephone calls while buyers stacked up 20 deep in his one-man store to buy the hundreds of magazines that arrived in two shipments last week. He had just six left by the time Benitez reinstated the ban last Friday.

"People loved it. It was like we were out of prison and were not treated like bastard stepchildren of the country anymore," he said.

Thirty-round magazines for military-style rifles, handgun magazines holding 17 to 20 bullets, all selling for less than $30 each — "they disappeared," Puehse said. "They wanted to grab more than I let them, otherwise they would have been gone even faster than a few hours."

State Attorney General Xavier Becerra warned hours before Benitez again halted sales that California was in danger of becoming "the wild, wild West for high-capacity magazines."

"There are those who are now trying to flood the state of California with what were until this decision illegal high-capacity magazines, the type of magazines that are used in firearms to commit the mass shootings that we've seen throughout the country," Becerra said.

Ruger Firearms announced it was releasing its entire inventory. South Carolina-based Palmetto State Armory announced in a Facebook ad that it was "prepared to send a whole lot of freedom to our friends in California," but warned of delays due to high demand.

"The pipeline was open and it was flowing, on all platforms — people showing up (in stores), online — I'm guessing that UPS and FedEx had a field day," said Gun Owners of California president Sam Paredes. "It was a frenzy."

He said an estimate of a million magazines "seems a little bit low."

Chuck Michel, an attorney for the National Rifle Association and the California Rifle & Pistol Association, has a photograph of empty racks at a Bass Pro Shops store in Las Vegas that used to hold magazines before Californians flocked to the neighboring state to stock up. California's more than 2.5 million gun owners together have nearly 20 million guns, many of which can use the extended magazines.

By week's end, Michel said, "you couldn't get one anywhere, because all that inventory had been diverted to California. That's probably at least a million magazines, probably approaching two to several hundred thousand people."

Staff attorneys with the Giffords Law Center to Prevent Gun Violence in San Francisco said they've seen no evidence to back up the million-magazine estimate, and said gun rights organizations have a vested interest in inflating the number of law-abiding owners.

"They have a very specific purpose and intent here to try to set up for the court that these are devices that are very commonly used and possessed" and therefore should not be banned again, said California legislative affairs director Ari Freilich.

"It lets them argue that there's no way to un-ring the bell," added litigation director Hannah Shearer.

The problem isn't the new owners who will use them legally for target shooting or self-defense, they said: it's that some will fall into the hands of criminals or be used by mass shooters.

The magazines allow shooters to fire more bullets without stopping to reload. Gun owners' organizations — and Judge Benitez — said that's helpful to ward off multiple home invaders, but opponents said it gives victims less time to escape or tackle a mass shooter as he reloads.

Reformers expect the 9th U.S. Circuit Court of Appeals to keep the ban on sales while reinstating a 2016 law and ballot measure banning possession even by those who own them legally.

Opponents are counting on the U.S. Supreme Court to ultimately side with Benitez's ruling that the bans infringe on the Second Amendment right to bear arms.

"Because of that one slip-up, in one week you literally had millions of magazines come into the state that were bought legally," said Puehse, the gun shop owner. "These magazines are here to stay."

Source: NewsMax America

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Saudi Aramco to decide in first half on financing SABIC buy: CEO

Saudi Aramco CEO Amin Nasser speaks during the Saudi-India Forum in New Delhi
Saudi Aramco CEO Amin Nasser speaks during the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis

February 20, 2019

NEW DELHI (Reuters) – Saudi Aramco said on Wednesday it expects to decide by mid-2019 how to finance the acquisition of Saudi Arabian Basic Industries Corp (SABIC).

“The decision on financing the SABIC acquisition is expected to be taken in the first half,” said Amin Nasser, chief executive of Aramco.

“We have internal resources, then of course there are banks and the bond market, which we are evaluating at the moment,” he added.

(Reporting by Nidhi Verma; Editing by Dale Hudson)

Source: OANN

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Woods adds longevity label to his storied career

Tiger woods celebrates after winning the 2019 Masters
Golf - Masters - Augusta National Golf Club - Augusta, Georgia, U.S. - April 14, 2019 - Tiger Woods of the U.S. celebrates on the 18th hole after winning the 2019 Masters. REUTERS/Brian Snyder

April 14, 2019

By Andrew Both

AUGUSTA, Ga. (Reuters) – Tiger Woods, with his Masters victory on Sunday, added the longevity label to a career that has changed the face of golf both on and off the course.

In ending an 11-year major drought by winning the Masters, Woods collected his 15th major title, 22 years and a day after it all began in the very same place at Augusta National.

He had long ago cemented his reputation as playing the greatest golf of all time — highlighted by a 12-stroke triumph here in 1997 and a 15-shot victory at the 2000 U.S. Open at Pebble Beach — as distinct from having the greatest record ever.

That, as defined by major victories, belongs to Jack Nicklaus, whose 18 major victories were spread over 24 years, from the 1962 U.S. Open to the 1986 Masters.

Now Woods, 43, can claim similar longevity.

For a record total of 683 weeks, he occupied top spot in the world rankings. And from August 1999 to June 2002 he claimed seven majors in just 11 starts and became the first to hold all four modern major titles at the same time.

He also has 81 PGA Tour victories, one shy of the all-time mark held by Sam Snead.

Allied to his incredible physical skills, Woods has unshakable self-belief and an ability to completely shut out the distractions that come with the territory as one of the world’s most famous sportsmen.

Woods ushered in an era of multi-million dollar endorsements and was almost single-handedly responsible for a prize money explosion on the PGA Tour, while his Afro-American and Asian roots helped spread the sport to a huge global audience.

Many of the players he beat on Sunday were inspired as young boys to emulate Woods.

At 43, it is not beyond the realms of possibility that Sunday’s victory will be his final major triumph.

But with a surgically-fused back that is allowing him to generate almost as much power as 20 years ago it would be brave to bet against a man who has already done the seemingly impossible time and time again.

(Editing by Peter Rutherford)

Source: OANN

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Former Clinton adviser, fierce critic of Sanders now praises 2020 campaign

A former advisor for Hillary Clinton and a staunch critic of Sen. Bernie Sanders, I-VT, during the 2016 election has now expressed solidarity with the Democratic frontrunner ahead of 2020.

Peter Daou, who headed Clinton’s digital operations during her 2008 campaign, wrote an op-ed for The Nation and praised the “considerable strengths” Sanders brings to the upcoming election.

“Bernie Sanders is unquestionably in the top tier of candidates for the Democratic nomination, and it would be an epic act of self-destruction for Democrats to plunge into an internecine conflict over his candidacy at a time when they need to marshal every asset to defeat Trump and his GOP cronies,” Daou wrote. “I am calling on Democrats, progressives, and leftists to hit the pause button, to table our disagreements, no matter how intense, as we fight to preserve the rule of law and the last semblance of our democracy. We owe it to ourselves and our country.”

He reflected that during the 2016 election, there was an “ugly family dispute” between Clinton and Sander supporters and that he began to “unblock” people on Twitter he previously had disputes with.

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“Bernie Sanders can beat Donald Trump—and it would be an epic act of self-destruction for Democrats to try and hobble his campaign,” Daou declared. “To defeat Trump and to reverse the rising tide of white nationalism that threatens the foundations of our democracy, we must have the courage to set aside old grievances for the greater good. Bernie Sanders is not the only candidate who can defeat Trump, but he’s certainly one of them. And he should not be treated as the enemy.”

Daou’s op-ed sparked a major reaction among progressives on social media.

Source: Fox News Politics

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Boxing: Wilder to defend WBC title against Breazeale in May

FILE PHOTO: Deontay Wilder v Tyson Fury - WBC World Heavyweight Title
FILE PHOTO: Boxing - Deontay Wilder v Tyson Fury - WBC World Heavyweight Title - Staples Centre, Los Angeles, United States - December 1, 2018 Deontay Wilder reacts after knocking down Tyson Fury Action Images via Reuters/Andrew Couldridge/File Photo

March 19, 2019

(Reuters) – WBC heavyweight champion Deontay Wilder will put his title on the line against fellow American Dominic Breazeale at the Barclays Center in Brooklyn in May, both camps said on Tuesday.

Wilder (39-0-1), who fought to a split decision draw against Briton Tyson Fury in Los Angeles on Dec. 1, will face the 20-1 Breazeale on May 18.

Last December, Breazeale stopped Carlos Negron of Puerto Rico in the ninth round and is the WBC’s mandatory challenger.

“It’s always a great thing to get the mandatories out of the way because I consider the mandatories like flies — they are always buzzing in your ear,” Wilder, known as the Bronze Bomber, said at a media conference.

Breazeale, whose only loss was to WBA, IBF, WBO and IBO champion Anthony Joshua in 2016, added he was looking forward to try and silence his fellow 33-year-old.

“I’m excited to finally get this chump in the ring,” he said. “You love your own voice. All you do is talk and talk and talk.

“It’s time to get into the ring and square off.”

(Reporting by Rory Carroll; Editing by Greg Stutchbury)

Source: OANN

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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