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Lowry leads at Hilton Head, Molinari struggles

PGA: RBC Heritage - First Round
Apr 18, 2019; Hilton Head, SC, USA; Shane Lowry hits from the fairway of the second hole during the first round of the RBC Heritage golf tournament at Harbour Town Golf Links. Mandatory Credit: Joshua S. Kelly-USA TODAY Sports

April 18, 2019

(Reuters) – Ireland’s Shane Lowry rediscovered his touch to grab the first-round lead at the RBC Heritage in South Carolina on Thursday while Italian Francesco Molinari struggled in his first start since his Masters letdown.

Lowry, who won the Abu Dhabi HSBC Championship in January but missed the cut at last week’s the Masters, carded a bogey-free six-under-par 65 at the Harbour Town course on Hilton Head Island for a one-shot lead.

Americans Trey Mullinax, Daniel Berger, Luke List, Ryan Moore and Ryan Palmer were all one shot back.

World number one Dustin Johnson mixed four birdies with a lone bogey for a three-under 68 that left him in a share of 15th.

Molinari, who took a two-shot lead into the final round at Augusta National before a pair of double-bogeys on the back nine opened the door for eventual winner Tiger Woods, was nine shots back of leader Lowry.

The British Open champion began his day at the par-four 10th and mixed a double-bogey with four bogeys and three birdies en route to a three-over-par 74.

Other notables in the field include three-times major champion Jordan Spieth and Englishman Tommy Fleetwood, who each carded even-par 71s.

(Reporting by Frank Pingue in Toronto; Editing by Peter Rutherford)

Source: OANN

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First Women’s Amateur sends welcome ripples through Masters

LPGA: Augusta National Women's Amateur - Final Round
FILE PHOT: Apr 6, 2019; Augusta, GA, USA; Jennifer Kupcho of Westminster, Colo. plays her tee shot on the 13th hole during the final round of the Augusta National Women's Amateur golf tournament at Augusta National GC. Mandatory Credit: Rob Schumacher-USA TODAY Sports

April 14, 2019

By Amy Tennery

AUGUSTA, Ga. (Reuters) – More than a week since Jennifer Kupcho hoisted the trophy as the inaugural Augusta National Women’s Amateur winner, the impact of that moment, once unthinkable to the club’s old male guard, still reverberated through the hallowed home of the Masters.

“A few guys would turn in their grave because a lot of them stood up in front of these guys and said, ‘I will never allow a woman to be a member’,” recalled the three-times Masters champion Gary Player.

“So they will be watching that, from wherever they are.”

For years, controversy swirled around the club over its long-standing tradition of not admitting women as members, drawing outrage from women’s groups as its leadership remained adamantly opposed to permitting a female presence until 2012.

The inaugural Women’s Amateur championship marked another major breakthrough at Augusta National, with its long-standing reputation as a haven for rich, white, well-connected men.

For advocates of women’s sports, it was more than just a welcome addition to Masters week.

“I think that what’s so important is it’s just moving the needle,” said Women’s Sports Foundation CEO Deborah Antoine. “The pride of going down Magnolia Lane and standing where legends have stood and for the first time making this about women.”

On the third day of the men’s competition on Saturday, Masters patrons said they welcomed the change and noticed a shift in gender balance among the crowd at Augusta National, even days after the women’s competition had ended.

Vickie Newell and Pam Bryant, of Clemens, South Carolina, who have attended roughly a dozen Masters, joked that Augusta National was the only place where the line for the men’s restroom was longer than that of the women’s.

“I think that [the women’s tournament] will make a difference,” said Bryant, who believes it will have an impact on the sport beyond Augusta.

“Who knows? Maybe even [women] being in the Masters is next,” Bryant said.

“Obviously the women need the same opportunities as the men,” said Charles Breithaupt, who, like other golf patrons at Augusta, felt a women’s Masters was in reach.

“The people at Augusta National Golf Club are looking at … diversifying opportunities.”

“I think it will happen,” added Rick Cornutt, who traveled from the Memphis area in Tennessee to attend the Masters. “The women’s game has made great strides.

“There are a lot more women here this year.”

Following Kupcho’s landmark feat as the first woman ever to win at Augusta, questions over when the Masters will see a women’s professional competition lingered.

And supporters of a women’s Masters may well have to wait as Augusta National Chairman Fred Ridley tossed cold water on the idea, saying that the club was not planning to introduce a women’s professional event.

But regrets? Perhaps Augusta National’s had a few.

“I think that everyone, no matter what the issue is, you know, we can always look back and say we could do better. No question,” acknowledged Ridley.

“It’s always instructive to look at the past.”

(Reporting By Amy Tennery; Editing by Ian Chadband)

Source: OANN

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Palu recovery in red tape months after Indonesian tragedy

Six months after Palu was ripped apart by an earthquake, tsunami and liquefying soil that sucked neighborhoods into the earth and killed thousands, a second crisis is looming as recovery efforts stumble and a city that feels ignored begs for humanitarian assistance.

Thousands of people in this city on Indonesia's Sulawesi island are still living in sweltering tent cities, while construction of new permanent homes has yet to start and almost a third of temporary housing is unoccupied after aid groups and authorities failed to connect the units to essential utilities.

President Joko Widodo, who is seeking a second term in elections this week, and his deputy promised that financial assistance to those whose homes were destroyed or whose loved ones were killed would be rapidly distributed. But not a cent has been paid out.

"It's like we're forgotten," said Ade Zahra, a mother of eight living in a tent city who says it's a miracle her family survived when the quake turned their village to mud and engulfed their home.

"We've received no more assistance in the past two months, not only the government, but also humanitarian groups and volunteers who used to provide a lot," she said.

The city's struggle to recover highlights a broader problem of neglect often suffered by remote regions in Indonesia, a sprawling archipelago home to hundreds of ethnic groups. Far from the center of economic, political and cultural power in populous Java, the region around Palu has a history of sectarian conflict and perceived indifference to its plight could embolden hard-liners.

City officials, meanwhile, are worried frustration among the displaced has reached a breaking point.

As anger among the refugees simmers, Widodo is focused on securing his reelection. Sulawesi mostly voted for Widodo in 2014, but he risks losing ground there this time. That could be crucial if the race is tighter than polls, which are predicting a strong Widodo victory.

The Sept. 28 earthquake spawned a large localized tsunami that wiped out coastal areas, while liquefaction caused by the shaking turned entire neighborhoods into rivers of sludge. The disaster killed more than 4,400 people, making it the world's deadliest seismic event in 2018.

The central government, at the time still grappling with the aftermath of deadly earthquakes on Lombok Island, appealed for international aid but didn't declare a national disaster, which would've opened the door wider to foreign assistance. It prohibited international aid organizations from operating on the ground.

Though the tragedy is fading from the national consciousness, large parts of Palu look like they were struck only yesterday, a daily reminder to residents of the horrors they lived through.

About 90% of roads have been repaired, according to Palu's mayor, but the shoreline is littered in debris and hollowed out buildings that lean precariously.

Waves wash inside Apung Palu Mosque, which once sat majestically on pillars in Palu Bay. People looking for valuables pick through a vast jumble of personal belongings and house debris, all that's left of once thriving communities.

In Sigi district bordering Palu, several dozen white tents emblazoned with the U.N. refugee agency's logo are home to hundreds of evacuees, who look with envy and anger at temporary housing across the road — some of it occupied, some empty and some still unfinished.

During the day, the tents are blazing hot and at night refugees, who include a man incapacitated by a stroke and a boy with cerebral palsy, shiver.

Frustrated residents recall that not long after the disaster Vice President Jusuf Kalla visited and promised they'd soon get money to help rebuild their lives. Instead things seem to be getting worse.

They have clean drinking water, but a mobile kitchen provided by an aid group closed due to lack of donations. Members of some families have jobs, but others have almost nothing, their former livelihoods gone. Some beg for money.

Zahra, the mother of eight, said she hopes the government finally fulfills its promise.

"Have mercy on us," she said.

Officially, about 173,000 people were displaced by the disaster and about 20,000 are still living in tents that Palu's mayor says were designed to last three months. The actual number without stable housing is much higher.

At a block of eight buildings built by a charitable foundation run by Kalla's business empire, a banner announced they were handed over to the city on Feb. 14. All sit empty and unconnected to utilities, the only sign of life a few cows grazing between them.

Temporary housing built nearby by another organization is occupied, some by residents of a neighborhood wiped out by liquefaction.

Umira, who uses a single name, wept as she recalled the ordeal her family has endured since the night they fled a sea of moving trees and houses. Eight of her relatives were killed, including her grandson.

They've gone from sheltering in a sports stadium to fashioning their own makeshift lodging in the ruins of a house to finally being assigned to a room in a temporary housing unit.

"We all cried with happiness," she said of the moment two months ago when they learned they would have housing. "Even my husband cried and hugged the wall of our new home."

The family still gets aid, Umira said, such as staple foods and cooking oil, though it's distributed without any predictable schedule.

When the aid runs out they rely on income from running an on-call motorcycle taxi service.

"If there is a call, we can eat," she said. "If not, we will only eat rice with salt."

Presley Tampubolon, the head of Palu's disaster agency who oversees temporary housing, said the need for accommodation has been greater than anticipated.

For every house destroyed or damaged, there would often be several generations of a family living in it. He said it would be "inhuman" to expect such families to fit into the 3-meter-by-4-meter (10-foot-by-13-foot) rooms that have been built.

He said the government and aid groups have built temporary buildings with 5,300 total rooms that can accommodate nearly 41,000 people. But about 1,600 of those rooms are empty because they weren't connected to water, electricity or sanitation, he said.

Hidayat, the mayor of Palu who uses a single name, said the central government has stopped building temporary homes despite the need and construction of permanent dwellings hasn't started.

Compounding the problem is that the central government's social affairs and public works ministries haven't released "mourning allowances" and funds for people to build new homes.

He said he's worried anger will soon boil over.

The social affairs ministry's director of social protection and disaster victims, Margo Wiyono, said the ministry has verified 1,906 of the 4,400 names of heirs who would be entitled to mourning allowances and has proposed the finance ministry pay them.

He said they were still investigating the rest.

"We don't want the allowances worth 15 million rupiah ($1,050) per heir to fall into the hands of irresponsible people," he said.

The budget director-general at the finance ministry, Askolani, said it's in the process of approving money to pay the allowances. He said releasing funds for new housing is contingent on several factors, including reviewing local government data and identifying areas for new settlements that are safe from liquefaction.

Hidayat isn't waiting. He said the Tzu Chi Buddhist Foundation has agreed to build 3,000 new homes in the Palu area, but he is urging organizations and local governments from around the country to build more.

"Our regional capabilities are very limited," he said. "As the mayor, I'm begging for help to many humanitarian groups and institutions."

Source: Fox News World

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Rep. Doug Collins: Trump 'Proved Right' on No Collusion

Democrats complaining about special counsel Robert Mueller's lack of authority to indict the president as the reason there are no more indictments coming are ignoring "the logical conclusion: There was no collusion," according to Rep. Doug Collins, R-Ga.

"At this point the president has been proved right," Rep. Collins, the ranking member of the House Judiciary Committee, told "Fox News Sunday" of "no collusion" and "witch hunt" claims by President Donald Trump. "I think he was obviously frustrated during this time, and rightfully so, as this report seems to show."

Democrats have long argued the special counsel would get to the bottom of 2016 election meddling after President Trump's victory, which has been delegitimized in the eyes of some Democrats. But continuing House Democrat investigations post-special counsel suggest it was never going to be enough to vindicate the president in their partisan view.

"In their main core of the collusion or investigation of obstruction, they're seemingly coming to the point that the president and those around him had nothing to do with this," Collins told host Chris Wallace. "That is the core finding at least in what we’re seeing so far."

As far as Democrats trying to "paint the president" by pointing to the indictments delivered thus far by Mueller's team – including Paul Manafort, Roger Stone, Michael Flynn – they also prove nothing, according to Collins.

"I just think it shows you've got three people who chose to lie to investigators when nobody told them to lie to investigators as far as anything has been pointed out," Collins told Wallace. "If this report comes back – as it seems to be coming back – that there was no collusion on the president or the part of the campaign, then that is the part that we need to take and move from here.

"Why people lie, Chris, that’s a discussion for them and their lawyers and why they chose to do that."

Source: NewsMax Politics

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Stock futures flat as investors assess U.S.-China trade talks

Traders work on the floor of the NYSE in New York
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid

February 20, 2019

By Shreyashi Sanyal

(Reuters) – U.S. stock index futures were subdued on Wednesday after a handful of downbeat earnings reports and as investors weighed the latest developments in trade talks between the United States and China.

Hopes of a progress in trade negotiations have lifted stocks this year, driving all three major indexes to more than two-month highs.

President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a “magical” date.

“A market-friendly outcome this week will be for both sides to agree on extending the March 1 deadline, which should provide more time for finding a middle ground on trade policy,” FXTM analyst Lukman Otunuga wrote in a client note.

“Trump stating that the talks are ‘very complex’ and the current March deadline is not a ‘magical date’, a breakthrough deal is still some distance away.”

Tariffs on $200 billion worth of Chinese imports are set to rise to 25 percent from 10 percent if the world’s two largest economies fail to settle their trade dispute by March 1.

The benchmark S&P 500 index has climbed 18 percent from its December lows, fueled by optimism on trade, a largely upbeat fourth-quarter earnings season and a dovish Federal Reserve.

Investors will be looking for more clues on monetary policy on Wednesday, as the Federal Open Market Committee (FOMC) is slated to release minutes from its January policymaking meeting at 2 pm ET (1900 GMT).

The minutes are expected to reaffirm the Federal Reserve’s statement last month that it would be “patient” with further rate hikes after markets swooned late in December on fears of an economic slowdown.

“Investors expect more details regarding the shrinking of the Fed’s balance sheet and obviously more clues on the Fed pause,” said Peter Cardillo, chief market economist at Spartan Capital Securities in a client note.

At 7:20 a.m. ET, Dow e-minis were down 30 points, or 0.12 percent. S&P 500 e-minis were down 2 points, or 0.07 percent and Nasdaq 100 e-minis were up 0.75 points, or 0.01 percent.

Southwest Airlines Co fell 3.6 percent after the carrier cut its forecast for first-quarter revenue per seat mile, citing weak passenger demand and a $60 million hit from the partial U.S. government shutdown.

CVS Health Corp dropped 5.1 percent after the drugstore chain operator and pharmacy benefits manager missed full-year profit forecast.

LendingClub Corp shares tumbled 8.6 percent after the online lender forecast a bigger-than-expected first-quarter loss, due to seasonal weakness and economic uncertainty in the United States and overseas.

(Reporting by Shreyashi Sanyal in Bengaluru)

Source: OANN

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In placeholder meeting, ECB hopes to instil confidence

FILE PHOTO: Headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the
FILE PHOTO: The headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the "Luminale, light and building" event in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach/File Photo

April 9, 2019

By Balazs Koranyi and Francesco Canepa

FRANKFURT Reuters) – The European Central Bank is all but certain to keep policy on hold on Wednesday, taking its time to evaluate whether its most recent stimulus cocktail is enough to arrest a rapid decline in sentiment.

With economic powerhouse Germany skirting a recession, the ECB has already been forced to backtrack on plans to tighten policy and now faces calls to do more, even though the root cause of the downturn, weak demand from abroad, is largely beyond its policy reach.

Meeting earlier than usual so they can attend the International Monetary Fund’s spring meeting in Washington DC this week, ECB policymakers are also expected to discuss whether negative rates are still doing more good than harm.

But they are likely to stick to a long-standing line that ultra-easy policy is working as intended, and that banks remain net benefactors of record low rates so there is no acute need to compensate them for the hefty fee they pay to park their excess cash at the ECB.

The latter debate, simmering since 2016, is likely to intensify on Wednesday, however, as the growth slowdown suggests the ECB’s -0.4 percent deposit rate could stay in negative territory even longer than now expected.

ECB President Mario Draghi has already said the euro zone’s central bank must consider whether it needs to mitigate the side-effects of negative rates since banks transmit the bulk of the ECB’s policy to the real economy.

One option under study is a tiered deposit rate, which would shield lenders from part of the cost, in a similar vein to moves by central banks in Switzerland and Japan.

“Although the ECB ruled out tiering in March 2016, the situation has since changed, and it could be implemented eventually if policy rates were to remain negative for even longer into 2020,” Pictet Wealth Management economist Frederic Ducrozet said.

“In the end, tiering is all about the credibility of forward guidance and the ECB signaling its ability to cut rates again in the next downturn,” Ducrozet added.

The ECB announces its rate decision at 1145 GMT, followed by Draghi’s news conference at 1230 GMT.

CHANGES AT THE TOP

But personnel changes at the ECB risk delaying the discussion about tiering or whether to push out a rate hike even further.

With ECB Chief Economist Peter Praet leaving in May and Draghi in October, policymakers are reluctant to decide on a fundamental revamp of monetary policy before new leaders take charge of the 19-country euro zone’s most powerful institution.

Draghi’s successor will not even be named until after the European elections in late May, with confirmation likely only in late summer.

A fresh survey of lending published on Tuesday, also eased the urgency for any mitigating measures, as lenders said they expected business credit to grow and lending standards to ease this quarter.

“Negative interest rates are bad for bank profits but they are also encouraging banks to make loans, which is exactly what the ECB wants to see,” JPMorgan economist Greg Fuzesi said.

The ECB also needs to keep its remaining policy powder dry in case of market turbulence around Brexit and the continued escalation of a global trade war, with risks growing that the U.S. administration will turn its attention to Europe.

Another complication with shifting to a tiered deposit rate is that it would signal low rates for longer, which is inconsistent with the bank’s guidance for a growth rebound later this year and a rate hike in 2020.

“Should the weakness persist beyond the summer, the ECB would again need to push out the rate forward guidance, maybe until mid-2020, which could create an opportunity to introduce tiering,” Societe Generale economist Anatoli Annenkov said.

(Editing by Catherine Evans)

Source: OANN

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Migrant Caravan Breaks Guatemalan Border Gate, Forces Way Into Mexico

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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Source: InfoWars

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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