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NHL roundup: Lightning swept out of postseason

NHL: Stanley Cup Playoffs-Tampa Bay Lightning at Columbus Blue Jackets
Apr 16, 2019; Columbus, OH, USA; Columbus Blue Jackets center Alexandre Texier (42) celebrates scoring a goal against the Tampa Bay Lightning in the first period during game four of the first round of the 2019 Stanley Cup Playoffs at Nationwide Arena. Mandatory Credit: Aaron Doster-USA TODAY Sports

April 17, 2019

Rookie Alexandre Texier scored his first two playoff goals as the host Columbus Blue Jackets made history with a 7-3 victory over the Tampa Bay Lightning on Tuesday night, wrapping up an Eastern Conference first-round series.

The Lightning became the NHL’s first Presidents’ Trophy winner ever to be swept in a best-of-seven, opening-round playoff series. Tampa Bay had tied the all-time NHL record with 62 regular-season wins.

Meanwhile, the Blue Jackets won a playoff series for the first time in franchise history.

Columbus’ Oliver Bjorkstrand scored the tiebreaking goal late in the second period, and Artemi Panarin, Texier and Matt Duchene added empty-net goals in the final two minutes. Pierre Luc-Dubois and Seth Jones also scored for the Blue Jackets. Goaltender Sergei Bobrovsky made 30 saves.

Islanders 3, Penguins 1

Jordan Eberle scored for the fourth time in as many games, and Brock Nelson added the winner as visiting New York completed a first-round playoff sweep of Pittsburgh.

The Islanders, who finished second in the Metropolitan Division, used a consistent formula of stifling defense, effective puck pursuit, strong goaltending from Robin Lehner and just enough offense to oust the Penguins, who were third in the division but had hopes of winning the Stanley Cup for the third time in four years.

New York advances to the second round of the Eastern Conference postseason to face the winner of the Washington-Carolina series. The Capitals lead two games to one heading to Game 4 on Thursday.

Golden Knights 5, Sharks 0

Marc-Andre Fleury had 28 saves for his 15th career playoff shutout, and Max Pacioretty had two goals and two assists as Vegas cruised to a victory over San Jose in Las Vegas to take a 3-1 lead in their best-of-seven Western Conference series.

It was the 78th career playoff win for Fleury, who broke a tie with Mike Vernon for seventh place on the all-time playoff wins list. Fleury also moved into a tie with Chris Osgood for fourth place for most career playoff shutouts.

Pacioretty produced the first two-goal playoff game of his career. Shea Theodore also had a goal and an assist, Alex Tuch and Jonathan Marchessault each scored their first goals of the playoffs, and Mark Stone, Reilly Smith and Nate Schmidt all finished with two assists for the Golden Knights.

Jets 2, Blues 1 (OT)

Kyle Connor scored the overtime winner as visiting Winnipeg erased a third-period deficit to defeat St. Louis and even their opening-round Western Conference playoff series at two wins apiece. Game 5 will be Thursday in Winnipeg. The road team has won all four games so far in the series between the Central Division rivals who finished even with 99 points in the regular season.

Off the rush in the extra frame, Mark Scheifele was denied on a golden chance, but he had the presence of mind to feed the puck to the slot for a wide-open Connor to bury the winner at 6:02.

It was the first-ever playoff overtime victory in Jets franchise history.

–Field Level Media

Source: OANN

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Excitement, anger as Kenya awaits ruling on decriminalizing gay sex

LGBT activist Phelix Kasanda, also known as Mama G, during an interview with Reuters in Nairobi, Kenya
LGBT activist Phelix Kasanda, also known as Mama G, speaks during an interview with Reuters in Nairobi, Kenya, February 14 , 2019. Picture taken February 14 , 2019. REUTERS/Baz Ratner

February 21, 2019

By John Ndiso

NAIROBI (Reuters) – Phelix Kasanda – affectionately called Mama G by his friends – spends most days in hiding, frightened his work as a prominent gay activist means he could be attacked again.

But if Kenya overturns a ban on gay sex this Friday, he’s going clubbing to celebrate – with the full protection of the law.

“I have a very short pair of hot pants, vest top and earrings,” he said. “I’ll be looking good.”

Twenty-eight-year-old Kasanda is one of thousands of gay Kenyans hoping judges will strike down a colonial-era law punishing consensual same-sex relationships by 14 years in jail.

Same-sex relationships are illegal in more than 70 countries, almost half of them in Africa, where homosexuality is broadly taboo and persecution is rife.

Mama G – whose makeup accentuates a friendly smile and gold tooth – said he had been expelled from school, rejected by his family and employers, chased from his home and attacked for being openly gay. “I was evicted the other day because I had a boyfriend,” Kasanda told Reuters in his cramped single room apartment sandwiched between cheap high rise flats and a dumpsite. “If the government itself cannot defend you, how are you going to argue with the landlord?”

He’s been attacked at home and the clinic where he works, he said. Friends have been carted off to witch doctors or nearly lynched, he said. Some have killed themselves in despair.

“We normally report violence cases to the police station or law enforcers. But no action is being taken,” he said.

COURT HEARINGS

Kenya arrested 534 people for same-sex relationships between 2013 and 2017, the government said. Kenya’s high court began hearings on the law last year.

Campaigners say the colonial-era law violates Kenya’s progressive 2010 constitution, which guarantees equality, dignity and privacy for all citizens. They also submitted arguments based on India’s rejection of a similar law in August.

Decriminalization won’t stop prejudice, but it should end arrests and blackmail, and help rein in assaults and rapes if gay Kenyans no longer fear police, said the National Gay and Lesbian Human Rights Commission, one of the petitioners against the law.

The commission has has recorded more than 1,500 such attacks against lesbian, gay, bisexual and transgender (LGBT) Kenyans since 2014.

Many Christian and Muslim groups support the law, and the attorney general has argued decriminalizing gay sex could lead to legalizing same-sex marriage.

“A gay lifestyle is a threat to our culture and the common good,” said Charles Kanjama, a lawyer for the Kenya Christian Professionals Forum.

SLOW CHANGE

    In recent years, Kenya’s small openly gay community has grown, including a prominent writer, a journalist, and several activists, although gay public events are rare.

But after a gunman killed 49 people at the predominantly gay Pulse nightclub in America, the community held a public candle lit vigil. Last year a court temporarily lifted a ban to allow a locally-made film called “Rafiki”, which portrayed a lesbian relationship in Kenya, to compete at the Oscars.

Yet public rejection is likely to remain. President Uhuru Kenyatta has said “gay rights is really a non-issue”, while deputy president William Ruto said Kenya had “no room” for gays. Legislator Aden Duale once told parliament that homosexuality was “as serious as terrorism”.

Many Kenyans, like retired military officer Stanley Muigai Kiama, say they will reject gay people regardless of any court ruling.

“If animals cannot practise same sex how is it that a human being who is created in the image of God can actually pretend to enjoy homosexuality?” he asked.

Either way the ruling goes, Kasanda fears further attacks – either as a backlash or by those who see the ruling as vindication. But Kasanda does not want to hide anymore.

    “I want to be who I am,” he said firmly.

(Editing by Katharine Houreld, William Maclean)

Source: OANN

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Estonian populist party lists chairman for EU election

A far-right Estonian populist party now in talks to form a government in the small Baltic nation has listed its chairman as the party's top candidate in the European Union parliament election in May.

The Estonian Conservative People's Party said Saturday that Mart Helme, 69, was followed in the candidate list by his son, vice chairman Martin Helme, 42.

Mart Helme is a former diplomat and a historian who in 2013 over took over as the leader of the nationalist, anti-immigration party known by the acronym EKRE. In Estonia's March 3 election, the father-son combination led the opposition EKRE to capture 17.8 percent of the vote and become the country's third-largest party.

EKRE is talking about forming a three-party coalition government with the left-leaning Center Party and the conservative Fatherland.

Source: Fox News World

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Bernie Sanders calls for NZ style gun grab

Three days is all it took for politicians in New Zealand to ban so-called “military style” rifles in the wake of horrific attacks on mosques that left 50 kiwis dead.

The laws haven’t been formally approved by the country’s parliament, but Prime Minister Jacinda Ardern announced the ban on “all military style semi-automatic weapons” takes effect immediately, regardless.

“Today I am announcing that New Zealand will ban all military-style semi-automatic weapons. We will also ban all assault rifles. We will also ban all high capacity magazines,” Ardern said, according to ABC News. “We will ban all parts with the ability to convert semi-automatic or any other type of firearm into a military style semi-automatic weapon.”

It’s the kind of overnight gun control Democrat presidential candidate Bernie Sanders can get behind.

The socialist senator from Vermont praised the government’s move to limit gun rights in a post to Twitter late Wednesday.

“This is what real action to stop gun violence looks like,” Sanders posted, along with a link to The Washington Post’s coverage of the gun grab.

He ignored the fact that the right to bear arms is enshrined in the U.S. Constitution.


Alex Jones breaks down how Australian ISPs have banned the popular video site Liveleak despite it having deleted uploads of the Christchurch shooting video – and despite Facebook and Twitter not getting blocked for the exact same thing.

“We must follow New Zealand’s lead, take on the NRA and ban the sale and distribution of assault weapons in the United States,” Sanders wrote.

Ardern said she expects New Zealand lawmakers to approve the new restrictions by the end of a two week session that concludes on April 11, and she called on retailers to halt the sales of the banned weapons and return unsold supplies.

The prime minister announced the gun ban is only the first step, with further restrictions on licensing, registration and storage still to come, according to ABC News.

The New Zealand government in unsure of the number of “assault” or “military-style” guns currently owned by citizens, but plans to hold a buy-back costing between $100 million and $200 million to convince them to turn them over, Ardern said.

She described the cost as “a price that we must pay for the safety of our community.”

Ironically, a man who helped to stop the horrific shooting at two New Zealand mosques last week used a semi-automatic handgun to chase the perpetrator away.

Under the new gun ban, that gun would now be illegal, according to Townhall.

The criteria for the new ban on “Military-Style Semi-Automatics” defines the term as any “semi-automatic firearm capable of being used with a detachable magazine which holds more than five cartridges” or “a semi-automatic shotgun capable of being used with a detachable magazine which holds more than five cartridges,” the news site reports.

“Based on the specific criteria outlined in the New Zealand ban, Sanders is calling for a ban on essentially every firearm in the United States,” Townhall reports. “The functional definition of ‘assault rifle’ in this case includes nearly all firearms in regular, legal and proper use by millions of Americans.”

Source: InfoWars

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Glenn Beck: End of Country as We Know It If Trump Not Re-elected

Conservative radio host Glenn Beck said Monday that if President Donald Trump isn’t re-elected in 2020, it will be the “end of the country as we know it,” Newsweek reports.

Beck told Fox News’ Sean Hannity Monday night that "If the Republicans don't win in this next election, I think we are officially at the end of the country as we know it. We may not survive even if we win, but we definitely don't if the Republicans lose with Donald Trump."

He added, “I said what was coming and the last few steps were that the radicals, the anarchists, the Islamists, the socialists would all gather together, they would not be working together, plotting together, but they would see the opportunity and they would all come together and work to destabilize Europe and America. And that is exactly what is happening.”

“When are we going to have our Labour Party movement, where you have that in England where the socialist party has noticed ‘wow, we are just full of radicals and anti-Semites,” Beck continued. “Members of the Labour Party in England are leaving saying ‘this is too radical for me.' When are the average people going to leave the Democratic Party, or at least wake up?"

Source: NewsMax Politics

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President Urged to Pardon Former Associates

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Girl, 1, on life support after ingesting up to 20 sleeping pills in NYC hotel: report

A 1-year-old girl went into convulsions at an upscale hotel in New York Monday evening after ingesting as much as 20 sleeping pills, according to a report.

The infant had been staying at the Times Square hotel with her parents, who are Brazilian residents, the New York Post reported.

Around 7 p.m., her mother looked up from a book to see her daughter ingesting between 15 and 20 sleeping pills, the report said, citing unnamed sources. The girl started having a seizure, and her parents asked the front desk to call 911.

SOUTH CAROLINA FATHER ACCUSED OF LETTING 1-YEAR-OLD DAUGHTER BURN TO DEATH WHILE FLEEING COPS AFTER HIGHWAY CHASE

First officers rushed the girl to the hospital in their patrol car to “get the child to the hospital as soon as they could,” a source told The Post. Police said the girl was deprived of oxygen for several minutes before they arrived.

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As of Tuesday, the baby was on life support at Mt. Sinai Hospital. An investigation is ongoing but police say no foul play is suspected.

Source: Fox News National

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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.)

NEED FOR CASH

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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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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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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