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Gwyneth Paltrow counter-sues Utah man over ski collision, seeks $1

FILE PHOTO: Premiere of “Avengers: Infinity War” - Arrivals - Los Angeles, California
FILE PHOTO: Premiere of “Avengers: Infinity War” - Arrivals - Los Angeles, California, U.S., 23/04/2018 - Actress Gwyneth Paltrow. REUTERS/Mario Anzuoni

February 20, 2019

By Dan Whitcomb

LOS ANGELES (Reuters) – Oscar-winning actress Gwyneth Paltrow on Wednesday counter-sued a retired optometrist who went to court against her over a 2016 ski slope collision in Utah, saying he caused the crash and was seeking to exploit her fame and fortune three years later.

Paltrow, 46, seeks a symbolic $1 in damages from Terry Sanderson, 72, who sued her last month for $3.1 million in Summit County District Court in Utah over the Feb. 26, 2016, incident at Deer Valley Resort in Park City.

“Resolution of this counter claim will demonstrate that Plaintiff (Sanderson) ran into Ms. Paltrow and nonetheless blamed her for it in an attempt to exploit her celebrity and wealth,” attorneys for the actress wrote in the 18-page complaint.

Attorneys for Sanderson could not immediately be reached for comment by Reuters on Wednesday afternoon.

Sanderson announced his lawsuit against Paltrow at a news conference last month in Salt Lake City, saying that he was skiing on a beginner slope when he heard a “hysterical scream” from behind before he was struck between the shoulder blades by the actress.

The retired eye doctor, who said he had skied for more than 30 years, said he suffered four broken ribs and a traumatic brain injury from the blow, which had left him with short-term memory loss.Sanderson also claimed that Paltrow skied off without a word following the impact, in violation of a local ordinance requiring skiers involved in a collision to stop and help the injured.

In her counter-suit, Paltrow alleged that it was Sanderson who struck her from behind, delivering a “body blow.” The actress said that during the brief encounter, Sanderson apologized and assured her that he was not hurt.

Paltrow, who won the 1998 best actress Academy Award for her role in “Shakespeare in Love,” is also known for her Goop website and store promoting healthy eating and stress-free living.

(Reporting by Dan Whitcomb; Editing by Peter Cooney)

Source: OANN

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Russian tycoon in divorce battle wins back $400 million yacht in Dubai

Superyacht Luna owned by Russian billionaire Farkad Akhmedov is docked at Port Rashid in Dubai
Superyacht Luna owned by Russian billionaire Farkad Akhmedov is docked at Port Rashid in Dubai, United Arab Emirates March 28, 2019. REUTERS/Christopher Pike

March 28, 2019

DUBAI (Reuters) – A $436 million superyacht belonging to a Russian billionaire at the center of one of the world’s costliest divorce battles has been released by a Dubai court after being impounded last year.

Oil and gas tycoon Farkhad Akhmedov was ordered to pay about 40 percent of his fortune to his former wife Tatiana Akhmedova by London’s High Court in 2016 in one of the largest divorce settlements in legal history.

But Akhmedov failed to pay the 453 million pound ($594 million) divorce bill and the London court granted a worldwide freezing order, under which Akhmedov’s superyacht M.V. Luna was impounded in Dubai.

Luna, an expedition yacht built for Russian billionaire Roman Abramovich before Akhmedov bought it in 2014, has at least nine decks, space for 50 crew, two helipads, a vast swimming pool and a mini submarine.

On Wednesday the Dubai court of appeal ruled that the Dubai lower courts’ order to impound the yacht was wrong, allowing it to leave the port, documents seen by Reuters showed.

When Reuters visited the yacht on Thursday, moored in Dubai’s Port Rashid, workers were installing new teak flooring on the large outdoor lower deck and a private security team was guarding it.

Akhmedov says that he and his wife divorced in Russia in 2000. In 2012 she tried to divorce him in British courts.

Forbes estimates Akhmedov’s net worth is $1.4 billion. The U.S. Treasury Department has put him on a list of sanctioned Russian state-owned companies and so-called “oligarchs”, identified as close to President Vladimir Putin.

($1 = 0.7626 pounds)

(Reporting by Lisa Barrington, Editing by William Maclean)

Source: OANN

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'#MeToo' painted on statue of WWII sailor kissing nurse

Police in Florida want to know who spray-painted "#MeToo" on the leg of a statue depicting a sailor and a dental assistant kissing at the end of World War II.

Sarasota police said in a news release that officers found the phrase painted in red on the left leg of the woman in the "Unconditional Surrender" statue in Sarasota early Tuesday. The paint covered the length of the nurse's leg.

Police said officers didn't find any spray paint bottles in the area. No other objects were defaced.

Authorities estimate the damage to the statue at more than $1,000. They say the incident occurred sometime Monday afternoon or evening.

George Medonsa, the sailor who kissed dental assistant Greta Zimmer Friedman, died Sunday at 95.

Source: Fox News National

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Sri Lanka blocks social media after Easter Sunday bombings

Sri Lankan authorities blocked most social media after Easter Sunday attacks killed more than 200 people, with officials saying the temporary move was meant to curtail the spread of false information and ease tensions.

The NetBlocks observatory said it detected an intentional blackout of popular services including Facebook, YouTube, WhatsApp, Instagram, Snapchat and Viber.

The defense ministry said the shutdown would extend until the government concludes its investigation into the bomb blasts that rocked churches, luxury hotels and other sites.

NetBlocks cautioned that such post-attack blackouts are often ineffective.

"What we've seen is that when social media is shut down, it creates a vacuum of information that's readily exploited by other parties," said Alp Toker, executive director of the London-based group. "It can add to the sense of fear and can cause panic."

The group said its monitoring of Sri Lankan internet connectivity found no disruptions to the fundamental infrastructure of the internet, meaning the blackout was directed at specific services. Some social media outlets, such as Twitter, appeared unaffected, but the blockage affected popular messaging services.

"That's going to be a problem for people trying to communicate with friends and family," Toker said.

Some internet users are circumventing the social media blocks by using a virtual private network, which masks the location of a computer, Toker said.

It isn't the first time Sri Lanka has blocked social media. The government imposed a weeklong ban in March 2018 because of concerns that WhatsApp and other platforms were being used to fan anti-Muslim violence in the country's central region.

An analysis by Sri Lankan researcher and author Yudhanjaya Wijeratne of thousands of Facebook posts made during last year's ban found that many Sri Lankans simply found ways around it. Wijeratne has recommended narrower and more "technically challenging" approaches to curbing hate speech, such as better detection and strengthening local laws.

Facebook, which owns WhatsApp and Instagram, has struggled in recent years to combat the use of its platforms to incite violence and spread hate messages and political propaganda in countries including India, Myanmar and the United States.

The company said in a statement Sunday that it has been working to support first responders and law enforcement in Sri Lanka and identify and remove content that violates company standards.

"We are aware of the government's statement regarding the temporary blocking of social media platforms," the company said. "People rely on our services to communicate with their loved ones and we are committed to maintaining our services and helping the community and the country during this tragic time."

Google didn't respond to a request for comment about the disruption to its YouTube service in Sri Lanka. Requests for comment made to messaging services Snap and Viber were not returned Sunday.

Source: Fox News National

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Trump hits back at NYTimes claim that Barr misled on Mueller report

President Trump on Thursday blasted The New York Times, claiming the outlet had “no legitimate sources” for its latest report that claimed Special Counsel Robert Mueller’s Russia report was more damaging to the president that Attorney General William Barr revealed in his summary.

“The New York Times had no legitimate sources, which would be totally illegal, concerning the Mueller Report. In fact, they probably had no sources at all!  They are a Fake News paper who have already been forced to apologize for their incorrect and very bad reporting on me!” Trump tweeted Thursday.

HOUSE JUDICIARY DEMOCRATS AUTHORIZE SUBPOENAS FOR MUELLER REPORT

The president’s tweet comes after The New York Times published a story on Wednesday, claiming that prosecutors on Mueller’s team said that Barr’s summary of the report was insufficient and that the results of the investigation were more troubling for the president than the attorney general stated to the public last month.

Barr’s initial summary of Mueller’s more than 300-page report revealed that the special counsel found no evidence of collusion between members of the Trump campaign and the Russians during the 2016 presidential election.

The special counsel was also reviewing whether the president had obstructed justice in any way, but ultimately did not come to a conclusion on that issue. Barr and Deputy Attorney General Rod Rosenstein, instead, made the decision, saying that the evidence was “not sufficient to establish that the president committed an obstruction-of-justice offense.”

Meanwhile, the Justice Department on Thursday pushed back on a separate report, published by The Washington Post, which stated that Barr did not release summary information that the special counsel team prepared and deemed appropriate for release.

BARR TO RELEASE MUELLER REPORT TO CONGRESS BY 'MID-APRIL, IF NOT SOONER' 

A senior Justice Department official told Fox News that The Post’s reporting was “not true,” and claimed the outlet is guilty of “misreporting.”

“Every page of the ‘confidential report’ provided to Attorney General Barr on March 22, 2019 was marked ‘May Contain Material Protected Under Fed. R. Crim. P. 6(e)’ - a law that protects confidential grand jury information - and therefore could not be publicly released,” Justice Department spokeswoman Kerri Kupec said in a statement to Fox News. “Given the extraordinary public interest in the matter, the Attorney General decided to release the report’s bottom-line findings and his conclusions immediately — without attempting to summarize the report — with the understanding that the report itself would be released after the redaction process.”

She added: “As the Attorney General stated in his March 29th letter to Chairman Graham and Chairman Nadler, he does not believe the report should be released in ‘serial or piecemeal fashion.’ The Department continues to work with the Special Counsel on appropriate redactions to the report so that it can be released to Congress and the public.”

Despite Barr’s decision to work with the special counsel to review the report and determine which areas contain sensitive material that needs redactions, House Democrats are calling for the full report, sans redactions, to be turned over to Congress for review.

The House Judiciary Committee, chaired by Rep. Jerrold Nadler, D-N.Y., on Wednesday authorized subpoenas for the full Mueller report. The authorization does not issue subpoenas, but gives the panel the option to do so should they feel it necessary.

Barr has said he will release the report to Congress by mid-April, “if not sooner.”

Fox News’ Jake Gibson contributed to this report.

Source: Fox News Politics

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South Korea February exports seen sliding most in nearly three years: Reuters poll

FILE PHOTO : A truck drives between shipping containers at a container terminal at Incheon port in Incheon
FILE PHOTO: A truck drives between shipping containers at a container terminal at Incheon port in Incheon, South Korea, May 26, 2016.REUTERS/Kim Hong-Ji

February 26, 2019

By Hayoung Choi and Cynthia Kim

SEOUL (Reuters) – South Korean exports likely fell the most in nearly three years in February as China demand falters, a Reuters poll showed on Tuesday, pointing to further stresses caused by the Sino-U.S. trade conflict.

Exports are expected to have contracted 10.8 percent from the same period a year earlier, the third consecutive month of declines and a much sharper drop than January, according to a median estimate of 12 economists. Exports fell 5.8 percent in January.

Imports were predicted to shrink for a second straight month, falling 11.6 percent in February compared with a dip of 1.3 percent in January.

Analysts said exports from Asia’s fourth-largest economy would remain subdued possibly until the third quarter on cooling demand in China, its biggest trading partner.

“Korean export growth will bottom out in the third quarter, as Chinese growth starts rebounding in the second quarter,” said Lee Seung-hoon, an analyst at Meritz Securities. “For the full year, we see exports shrinking by 4 percent.”

Though trade negotiations between Washington and Beijing appear to be making some progress, export-driven Asian countries including South Korea, Japan and Taiwan are reeling from disruptions in supply chains.

“Given the easing trade frictions and emerging impact of Chinese stimulus measures, trade performance will rebound gradually,” said Park Sang-hyun, an economist from HI Investment.

South Korea, the world’s sixth-largest exporter and biggest manufacturer of memory chips, also has been squeezed by the falling price of micro-chips and petroleum products, its other key export.

For the first 20 days in February, South Korea’s overseas sales fell 11.7 percent, with sales of memory chips and petroleum goods falling by 27.1 percent and 24.5 percent, respectively. By destination, exports to China tumbled 13.6 percent.

Survey respondents also forecast the February headline inflation rate would ease to 0.5 percent on-year versus 0.8 percent in January, remaining firmly below the central bank’s 2-percent target.

Despite falling exports, January industrial output is expected to have narrowly avoided contraction by gaining a mere 0.2 percent from a month earlier, versus the 1.4 percent decline in December.

January industrial output data will be out at 2300 GMT on Wednesday. Trade data are scheduled to be published at 0000 GMT on Friday, while the inflation figures will be released at 2300 GMT on March 4.

(Additional reporting by Yuna Park; Editing by Kim Coghill)

Source: OANN

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Sterling surges as May secures Brexit assurances, yen dips

Illustration photo of a Japan Yen note in front of U.S. Dollar and British Pound Sterling notes
A Japan Yen note in front of U.S. Dollar and British Pound Sterling notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

March 12, 2019

By Daniel Leussink

TOKYO (Reuters) – Sterling rose sharply on Tuesday as speculation swirled that British Prime Minister Theresa May might be closer to securing approval for her Brexit deal.

The pound extended earlier gains as May won legally binding Brexit assurances from the European Union, in a last ditch attempt to sway rebellious British lawmakers who have threatened to vote down her divorce deal in a parliamentary vote on Tuesday.

Sterling, jumped as high as $1.3290 as some investors bolstered bet the prime minister could secure a divorce deal before Britain’s scheduled March 29 departure from the EU.

The pound was last trading 0.6 percent higher on the day at $1.3223, having been as low as $1.2945 at one stage on Monday.

The euro slid to its lowest on the pound since mid-2017 at 84.71 pence. It was last quoted down about 0.4 percent on the day at 85.15 pence.

At a joint news conference with European Commission head Jean-Claude Juncker late on Monday, May announced three documents aimed at addressing the most contentious part of the exit deal she agreed in November – the Irish backstop.

“Seeing them together in the same screen, is a positive – that there is some hand holding there and working together to move forward,” said Bart Wakabayashi, Tokyo branch manager at State Street Bank.

The Irish backstop is an insurance policy aimed at avoiding controls on the sensitive border between the British province of Northern Ireland and EU member Ireland.

“If they can break (the backstop) down to a level where there can be some negotiation or at least compromise on both sides, there definitely does seem (to be) light at the end of the tunnel,” added Wakabayashi.

If May loses the vote on Tuesday, she has said lawmakers will get a vote on Wednesday on whether to leave without a deal and, if they reject that, then a vote on whether to ask for a limited delay to Brexit.

Most other currencies stayed within familiar trading ranges before U.S. February inflation figures expected later on Tuesday.

The dollar index, which measures the greenback against a basket of six rivals, fell almost 0.2 percent to 97.063 on a modest improvement in investors’ risk appetite.

Against the Japanese yen, a safe-haven currency often bought in times of rising volatility, the dollar was 0.2 percent higher at 111.43 yen.

Data on Monday showed U.S. retail sales rose modestly in January, lifted by an increase in purchases of building materials and discretionary spending, but a drop in December was even larger than initially thought.

The euro found support against the dollar on the Brexit news and the improvement in risk appetite. The single currency was last up about 0.15 percent at $1.1259.

(Editing by Kim Coghill)

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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