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Golf: Stallings and Mullinax take early lead in rainy New Orleans

PGA: Zurich Classic of New Orleans - First Round
Apr 25, 2019; Avondale, LA, USA; Scott Stallings hits from the 18th hole bunker during the first round of the Zurich Classic golf tournament at TPC Louisiana. Mandatory Credit: Stephen Lew-USA TODAY Sports

April 26, 2019

(Reuters) – Americans Scott Stallings and Trey Mullinax birdied seven of their final nine holes to take a one-stroke lead at the rain-shortened opening round of fourball matches at the Zurich Classic of New Orleans on Thursday.

Stallings and Mullinax combined for an 11-under-par 61 at the team event at TPC Louisiana, on a day blighted by a seven-hour, 33-minute stoppage due to heavy rain and lightning.

Briton Martin Laird and Canadian Nick Taylor mixed 11 birdies with three bogies for a 10-under round of 62 and a share of second place with American Brian Gay and Slovak Rory Sabbatini.

Gay and Sabbatini’s round was suspended for darkness after the 14th hole, where they had just made a ninth straight birdie.

They were far from alone in finishing early, with only eight teams able to complete their rounds at the course on the Mississippi River, which shares space with resident alligators.

The shot of the day belonged to Kevin Kisner, who had his first hole-in-one at a PGA Tour event on the 201-yard, par-three third as he and fellow American Scott Brown moved into a tie for sixth.

The weather is forecast to improve on Friday and through the weekend at the event, which features 80 two-player teams playing fourball in the first and third rounds and foursomes in the second and a final rounds.

(Reporting by Rory Carroll; Editing by Ian Ransom)

Source: OANN

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Minnesota stuns Louisville for first tourney win since ’13

NCAA Basketball: NCAA Tournament-First Round-Minnesota vs Louisville
Mar 21, 2019; Des Moines, IA, United States; Minnesota Golden Gophers guard Gabe Kalscheur (22) and Louisville Cardinals guard Christen Cunningham (1) during the second half in the first round of the 2019 NCAA Tournament at Wells Fargo Arena. Mandatory Credit: Jeffrey Becker-USA TODAY Sports

March 21, 2019

Minnesota spent the better part of the last few weeks of the regular season on the NCAA Tournament bubble.

But a strong finish not only put the Golden Gophers into the tournament but gave them plenty of momentum, as well — exactly what they needed to earn their first tournament victory since 2013.

Gabe Kalscheur scored 24 points to lead 10th-seeded Minnesota to an 86-76 victory over seventh-seeded Louisville on Thursday in the first round of the East Region at Wells Fargo Arena in Des Moines, Iowa. The Gophers (22-13) advance to take on the winner of No. 2 Michigan State vs. No. 15 Bradley.

Kalscheur was 5-for-11 from 3-point range as Minnesota made 11 triples, its second-highest total all season. Jordan Murphy and Amir Coffey scored 18 points each while Daniel Oturu and Dupree McBrayer each scored 13 for the Gophers.

Minnesota, in the NCAA Tournament after missing out last season, won its first tournament game since 2013 when it opened with a victory over UCLA. The victory Thursday was just the second NCAA Tournament win for the Gophers, officially, since 1990. Tournament runs in 1994, 1995 and the Final Four appearance in 1997 were all vacated because of NCAA violations.

“We were really locked in,” Minnesota coach Richard Pitino told CBS after the game. “For 40 minutes, we stuck to the scouting report. We disrupted them, we bothered them. We beat a really good Louisville team.”

Louisville (20-14) entered the game having won just two of its last seven games and could never seize the momentum against Minnesota.

Christen Cunningham scored 22 to lead the Cardinals while Steven Enoch scored 14. Darius Perry added 12 points while Jordan Nwora scored 10 and grabbed 11 rebounds.

Minnesota shook of a poor start from the field by making 10 of its final 14 shots in the opening half, taking multiple seven-point leads and getting a Coffey 3-pointer in the final seconds to take a 38-33 lead into the locker room.

Things continued to go well for the Gophers as they pushed the lead to 62-43 on three free throws from Kalscheur with 9:48 to play.

However, Louisville started to chip away and pulled within nine on a 3-pointer from Perry with 2:44 to play, cutting Minnesota’s lead to 76-67. Perry followed that with a drive and running layup to get the Cardinals within seven but Minnesota got late stops and made enough free throws to put the game away.

“Get some rest,” Pitino told CBS when asked about what’s next for the Gophers. “Murphy’s banged up. Just get off our feet. That was a war, that was a long game. And then get excited about whoever we’re going to play. This is a really special moment for our team.”

The game also had some personal meaning for Pitino, whose father Rick coached Louisville for 16 seasons. He won a national championship with Louisville in 2013, though the title was later vacated for rules violations.

–Field Level Media

Source: OANN

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Croatian police find body in freezer of long-missing woman

Croatian police say a body found in a freezer is apparently that of a woman who went missing more than 18 years ago.

Police in northern Croatia said Monday they have detained the sister of Jasmina Dominic, who was reported missing in 2005 but was last seen in 2000.

A statement says the body was found on Saturday in the Dominic family home in the village of Pavlovec, northeast of Zagreb. Spokesman Nenad Risak says more details will be known after an autopsy.

Risak says family had told police in the past that Dominic was living abroad.

Dominic was 23 when she went missing. Risak says: "I've never had a case like this."

Source: Fox News World

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German 5G auction design could force up spectrum costs: D.Telekom

FILE PHOTO: A 5G sign is seen during the Mobile World Congress in Barcelona
FILE PHOTO: A 5G sign is seen during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman/File Photo

March 28, 2019

BONN, Germany (Reuters) – The way Germany’s 5G auction is being run is creating a shortage of spectrum that risks forcing up costs and leaving operators short of cash to build next-generation networks, Deutsche Telekom CEO Tim Hoettges said on Thursday.

“An artificial shortage of public resources is being created, which may push up the price,” Hoettges told the company’s annual general meeting in Bonn, adding: “In the end, there is no money for the build-out.”

German regulators have carved out a slab of frequency suited for use in high-tech ‘connected’ factories, and will allocate that on a regional basis directly to industrial companies later this year.

Four operators are, meanwhile, vying for a total of 420 MHz of spectrum in the 2 GHz and 3.6 GHz bands in an auction that started last week, with combined bids topping 1 billion euros ($1.1 billion) on Wednesday evening.

Industry analysts expect the amount raised at the open-ended auction – in which Vodafone, Telefonica Deutschland and new entrant 1&1 Drillisch are also taking part – to reach 3 billion euros or more.

A court threw out challenges filed by the operators to halt the auction. Litigation is still outstanding that could put the auction’s results to the test retroactively, the industry says.

Hoettges repeated earlier complaints about delays to winning local approvals to erect new telecoms masts in Germany, which can take two years or more, and urged the authorities to lighten regulation to encourage investment.

He also called for more infrastructure sharing, in which competitors can install antennas on the same towers, as a way to ease the cost of building out 5G networks.

“We build the mast, and others can use it to mount their antennas. Particularly in rural areas, where coverage gaps are still large,” he said.

(Reporting by Douglas Busvine; Editing by Mark Potter)

Source: OANN

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Cardinal Pell: Dramatic fall from grace for Vatican treasurer

FILE PHOTO - Pell speaks to journalists at the end of a meeting with the sex abuse victims at the Quirinale hotel in Rome
FILE PHOTO - Australian Cardinal George Pell speaks to journalists at the end of a meeting with the sex abuse victims at the Quirinale hotel in Rome, Italy, March 3, 2016. REUTERS/Alessandro Bianchi/File Photo

February 26, 2019

By Byron Kaye

SYDNEY (Reuters) – For two decades, George Pell was the dominant figure in the Catholic Church in Australia – a boy from a gold mining town whose ambition, intellect and knack for befriending influential people propelled him to become the third-most senior official in the Vatican.

That came crashing down in December, when a court found Pell, 77, guilty of five charges of child sex offences committed in a Melbourne cathedral 115 km (70 miles) from his hometown of Ballarat. The verdict had been subject to a court order that prevented reporting of the case until the judge lifted the restrictions on Tuesday.

Pell is the most senior Roman Catholic official to be convicted of sexual offences, bringing a rolling abuse scandal that has dogged the church worldwide for three decades to the heart of both the Vatican and Australian civic life. [nL3N20K271]

Pell spent most of his first three decades as a priest in Ballarat, an old gold mining town in the state of Victoria. State and federal inquiries would later find it to be one of the Catholic dioceses worst-affected by cases of abuse, though none of the complaints against Pell stem from his time there.

It was after Pell left his hometown to become Archbishop of Melbourne, in 1996, that he committed offences against two choirboys in the city’s St Patrick’s Cathedral for which he was found guilty by the 12-person jury.

It was not until 2016 that the complaints against Pell were first made public, with charges laid in 2017, and in the meantime he continued to rise through Australia’s Church hierarchy.

By the time Pell became Archbishop of Sydney, the country’s top-ranking Catholic position, in 2001 he was a polarizing national figure – revered by many conservative Catholics but criticized by liberals for his outspoken views.

At a 2002 World Youth Day event in Toronto, Pell made headlines by saying “abortion is a worse moral scandal than priests sexually abusing young people” since abortion was “always a destruction of human life”.

FINANCIAL ROLE

In meetings among cardinals before the conclave that elected Pope Francis in 2013, the Australian stood out not only for his imposing height and broad shoulders, but also for his command of financial matters.

Hoping to end Vatican financial scandals, the pope moved Pell to Rome and in 2014 he was appointed to run a new ministry, the Secretariat for the Economy.

Meanwhile, in Australia, a state inquiry into institutional abuse began airing accounts of child abuse and cover-ups in Ballarat and elsewhere over generations, triggering a more powerful, comprehensive Federal Royal Commission inquiry.

Pell was not named as an alleged perpetrator at either inquiry. When he was called to give evidence at the Royal Commission it was only in relation to his knowledge of others’ conduct, and the question of whether he was present when church leaders decided to move offending priests between parishes.

In testimony to the commission in March 2016, Pell said that he did not know of the sexual abuse of children in Ballarat by another priest in the 1970s until his conviction in 1993, although the commission had heard testimony from others that the priest’s behavior was an open secret in the diocese.

“It’s a sad story and it wasn’t of much interest to me,” he told that inquiry. Pell also said the Church made “catastrophic” choices by minimizing its response to, and covering up, abuse complaints.

When the global wave of abuse allegations reached Pell in June 2017, some of the country’s most powerful people stood by him, including former conservative Prime Minister Tony Abbott, himself a devout Catholic, who told a newspaper “the George Pell I have known is a very fine man indeed”.

Pell’s successor as Archbishop of Sydney, Anthony Fisher, also told media at the time that “the George Pell I know is a man of integrity in his dealings with others, a man of faith and high ideals, a thoroughly decent man”.

Pell took leave from his Vatican finance role to fight the charges but he still officially held that job through his trial.

Pope Francis and the Vatican made no statement on the guilty verdict when delivered in December, which was reported by some international media at the time, saying they would respect the Australian legal process and suppression order.

A day after the December verdict, Pell was one of three cardinals the pope removed from his group of close advisers. No reason was given at the time.

Some victims’ advocates say the conviction of so high profile a figure could encourage other survivors of clerical abuse to speak out.

“A lot of people, particularly survivors, are scared to come forward because they think ‘no one’s going to believe me, the court’s not going to believe me’,” said Philip Nagel, who went to a Ballarat school where Pell was a priest in the 1970s and testified against another clergyman who has since been jailed. 

“Not getting justice is probably as damaging as the offences being committed, so this will give more people more courage to come forward.”

(Reporting by Byron Kaye; Editing by John Mair and Alex Richardson)

Source: OANN

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Gowdy: CIA May Stop Giving Adam Schiff Information Over His Habitual Leaking

Former Republican South Carolina Rep. Trey Gowdy predicted Sunday that the U.S. intelligence community might stop providing information to House Intelligence Committee Chairman Adam Schiff because he leaks “like a screen door on a submarine.”

Gowdy was asked to weigh in on Republicans’ decision Thursday to call on Schiff to step down as chairman of the House panel.

“Never seen that before,” said Gowdy, who served on the intelligence panel before leaving Congress in January. “We never voted to remove or ask a chairperson to step down.”

“Adam is a deeply partisan person. He did everything he could to make sure Hillary Clinton became president. And he’s done everything he could to keep a cloud over the Trump presidency,” Gowdy said of Schiff.

Gowdy suggested House Speaker Nancy Pelosi could potentially remove Schiff as chairman of the committee. He also said the CIA and other intelligence community agencies could withhold intelligence from Schiff.

“The next thing that’s going to happen is the … different intelligence entities are going to say, ‘You know what, Chairman Schiff, if you don’t believe the information we provide to you … if you have the president of the United States, not just indicted but in jail and you continue to leak like a screen door on a submarine, we’re going to quit giving you information,’” said Gowdy.

“That’s when Pelosi will replace Adam Schiff with someone like [Connecticut Rep.] Jim Himes, who is someone who is a smarter and a lot more reasonable.”

Schiff was a leading voice among Democrats accusing President Donald Trump and his associates of colluding with Russians to influence the 2016 election. In May 2017, he said he had seen “more than circumstantial evidence” of collusion.

Special counsel Robert Mueller appears to have seen different evidence. In a report delivered to the Justice Department on March 22, Mueller said prosecutors “did not establish that members of the Trump campaign conspired or coordinated with the Russian government in its election interference activities.”

Schiff has long been accused of leaking information to the media regarding the Russia probe.

Donald Trump Jr. has accused the Democrat of leaking an inaccurate story about him in December 2017. During Trump Jr.’s private testimony before the House Intelligence Committee, CNN broke a story that Trump Jr. had received an email Sept. 4, 2016, that included a link to WikiLeaks materials.

The story was a bombshell at the time because it suggested Trump Jr. received WikiLeaks documents before they were released to the public. But CNN’s sources turned out to be wrong. The email was actually dated Sept. 14, 2016, a day after the information was published.


Now that the Mueller report has been completed, those that pushed the false narrative of Russian collusion have been exposed. Alex breaks down the massive lies used for more than 2 years to divide America.

Source: InfoWars

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Thousands march in Montenegro capital to demand president resign

Demonstrators march during civic protest in Podgorica
Demonstrators march during civic protest in Podgorica, Montenegro, March 16, 2019. REUTERS/Stevo Vasiljevic

March 16, 2019

By Aleksandar Vasovic

PODGORICA (Reuters) – Thousands marched through Montenegro’s capital Podgorica on Saturday, the fifth such rally in two months, to demand the resignation of President Milo Djukanovic and his government over allegations of abuse of office, graft and cronyism.

Crowds of protesters led by civic and student activists walked through the center of the city chanting “Milo thief” and “We are the state.”

The protests started after Dusko Knezevic, a businessman and a former ally of Djukanovic, accused the country’s long-serving president and his Democratic Party of Socialists (DPS) of abuse of office and murky financial deals.

Both Djukanovic and the DPS have denied the allegations but have said the protests are legitimate unless they turn violent.

Djukanovic, 57, has ruled the tiny Adriatic country for three decades, serving either as prime minister or president. The country, with a population of only 650,000, is a NATO member and a candidate for European Union membership.

“We want changes and after 30 years, I think that every citizen understands … that the last dictator must leave,” said protester Ana Vujosevic, 45, from Podgorica.

Montenegrin prosecutors accused Knezevic of fraud and money laundering and issued an international arrest for the fugitive banker who fled to Britain.

Knezevic has said he will produce more evidence about alleged high-level corruption by Djukanovic and his allies.

Before it joins the EU, Montenegro must first root out organized crime, corruption, nepotism, bureaucracy and red tape.

Montenegrin protesters said they wanted opposition parties to stay away from the rallies, said Dzemal Perovic, a civic activist and a protest leader, citing what he called their frequent bickering and what he described as the misgivings of people about the opposition.

(Reporting by Aleksandar Vasovic; Editing by William Maclean)

Source: OANN

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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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