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Trump Lawyers Giuliani, Sekulow Defer to DOJ on Mueller Report 'Next Steps'

Two of President Donald Trump's lawyers have spoken out regarding the end of special counsel Robert Mueller's Russia investigation, saying the ball is now in the Department of Justice's court.

Rudy Giuliani and Jay Sekulow released the following statement, which is similar to the straightforward one made by White House press secretary Sarah Sanders:

"We're pleased that the Office of Special Counsel has delivered its report to the attorney general pursuant to the regulations. Attorney General [William] Barr will determine the appropriate next steps."

Mueller delivered his final report on the Russia investigation, which began in May 2017 over allegations that the Trump campaign colluded with the Russians, to Barr on Friday. It's not yet clear what the report says, although a DOJ official told the Associated Press the report does not recommend any more indictments as part of the probe.

Source: NewsMax Politics

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Augusta National opens doors to women – at least for one day

FILE PHOTO: Stormy skies loom over the course during third round play of the 2018 Masters golf tournament in Augusta
FILE PHOTO: Stormy skies loom over the course during third round play of the 2018 Masters golf tournament at the Augusta National Golf Club in Augusta, Georgia, U.S. April 7, 2018. REUTERS/Mike Segar/File Photo

April 3, 2019

By Steve Keating

(Reuters) – When the fight for gender equality in golf is chronicled Augusta National will not be the key battle but it will be remembered as a provocative flashpoint and the site of another small victory this week when the club hosts a women’s tournament.

When the golfers tee it up for the final round of the Augusta National Women’s Amateur on Saturday they will take a shot at one of sport’s symbols of gender segregation, playing on a course that seven years ago did not even allow female members.

Once the sanctuary of some of the world’s most powerful men and home to the revered Masters tournament, Augusta National Golf Club for decades remained unmoved by outside influences.

Former Augusta chairman William “Hootie” Johnson in 2003 declared the club would not be forced into a decision on women members “at the point of a bayonet”.

Nearly a decade later in 2012, in the face of mounting pressure, the club opened its doors with former U.S. Secretary of State Condoleezza Rice and financier Darla Moore becoming the first women to don the iconic green jackets that distinguish members and Masters champions.

While the word historic has been attached to the inaugural Augusta National Women’s Amateur, Martha Burk, an activist who was on the frontline in the fight to get women into the club, has labeled it a public relations stunt.

Burk thrust the secretive club into the unwanted global spotlight in 2003 when the then chair of the National Council of Women’s Organizations staged a protest.

While the demonstration fizzled, Burk’s determination did not as she and her group mounted a campaign asking consumers to boycott Masters sponsors and companies whose CEOs were members of Augusta National.

That pressure along with lawsuits, Burk says, eventually opened the doors at Augusta National to women in 2012.

But since then, she believes there has been remarkably little progress and that it will take another 200 years for Augusta National membership to come close to being evenly split between men and women.

“I see it (Augusta National Women’s Amateur) as a baby step, I wouldn’t even go as far as to say small step,” Burk told Reuters. “There’s more to it than that, it is a big PR deal.

“Let’s call it what it is, they are trying to give the illusion of progress.

“It is still boys club.”

TRADITION

No green jacket awaits the winner of the Augusta National Women’s Amateur and only the final round of the 54 hole tournament will be played at Augusta on Saturday, the first two rounds set for Wednesday and Thursday at Champions Retreat Golf Club in nearby Evans.

But tradition is the cornerstone of Augusta National’s brand and the club will honor it when the women visit.

Players will arrive by driving up leafy Magnolia Lane and just like the Masters there will be a ceremonial tee shot with LPGA greats Nancy Lopez, Seri Pak, Lorena Ochoa taking the honors.

The trophy presentation will also adhere to Masters tradition, a silver and gold Tiffany-designed cup on a magnolia base of made of wood taken from a magnolia tree at Augusta National, presented to the winner at the Butler Cabin.

“I think women have always sought the big spotlight,” said Paige MacKenzie, a former-top ranked amateur who will be part of NBC’s coverage of the final round, during a conference call. “They want the center court at Wimbledon, they want the main stage and now they have it.

“There are people within Augusta National that believe that women are worthy of this stage and have bought into what this event could be.”

The logical next step would be playing all three rounds at Augusta but many have bigger dreams, including a women’s Masters.

“Things at Augusta don’t happen very rapidly,” said Kay Cockerill, a two-time U.S. Women’s Amateur champion who will also be part of NBC’s coverage team. “They’re sort of a slow-moving wheel, and the wheel is moving.

“You have to start somewhere.

“I don’t know if you have to have a women’s Masters but I’d like to pipe dream and think that would be the ultimate end point.”

(Editing by Christian Radnedge)

Source: OANN

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Turkey looking at new trade mechanisms with Iran to avoid U.S. sanctions

FILE PHOTO: Turkish Foreign Minister Mevlut Cavusoglu attends a news conference in Ankara
FILE PHOTO: Turkish Foreign Minister Mevlut Cavusoglu attends a news conference in Ankara, Turkey, April 1, 2019. REUTERS/Umit Bektas/File Photo

April 17, 2019

By Tulay Karadeniz

ANKARA (Reuters) – Foreign Minister Mevlut Cavusoglu said on Wednesday Turkey is looking into establishing new trade mechanisms with Iran, like the INSTEX system set up by European countries to avoid U.S. sanctions reimposed last year on exports of Iranian oil.

Those sanctions followed President Donald Trump’s decision to withdraw unilaterally from a 2015 nuclear accord between Iran and six world powers to pressure Iran to curtail its nuclear program and stop backing militant proxies in the Middle East.

Cavusoglu reiterated Turkey’s opposition to the sanctions and said Ankara and neighboring Iran needed to keep working to raise their bilateral trade to a target of $30 billion, around triple current levels.

“Along with the existing mechanisms, we evaluated how we can establish new mechanisms, like INSTEX…how we can remove the obstacles before us and before trade,” Cavusoglu told a news conference after talks with his Iranian counterpart Javad Zarif.

“What is important here is the solidarity and determination between us,” he added.

France, Germany and Britain have opened a new channel for non-dollar trade with Iran to avert sanctions, dubbed The Instrument In Support Of Trade Exchanges (INSTEX).

Washington’s European allies opposed Trump’s move to abandon the 2015 deal, under which sanctions on Iran were lifted in return for Tehran accepting curbs on its nuclear program.

Iran has threatened to pull out of the deal unless the European powers enable it to receive economic benefits. The Europeans have promised to help companies do business with Iran as long as it abides by the deal.

Cavusoglu did not go into details about the new mechanisms but Turkey has a track record of using national currencies in international trade. In October 2017, the Turkish and Iranian central banks formally agreed to trade in their local currencies after using the euro for settlements in the past.

After reimposing sanctions on Iran, Washington granted waivers to eight nations including Turkey that reduced their purchases of Iranian oil, allowing them to keep buying it without incurring sanctions for six more months.

Presidential spokesman Ibrahim Kalin told reporters in Washington on Tuesday that Turkey expected the United States to extend Ankara’s waiver.

(Additional reporting by Ali Kucukgocmen; Writing by Daren Butler; Editing by Alexandra Hudson)

Source: OANN

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Kyle Busch continues winning ways with Martinsville victory

NASCAR: Daytona 500
FILE PHOTO: Feb 17, 2019; Daytona Beach, FL, USA; NASCAR Cup Series driver Kyle Busch prior to the Daytona 500 at Daytona International Speedway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

March 23, 2019

MARTINSVILLE, Va. — A week after locking up his 200th NASCAR national series victory at Auto Club Speedway in Fontana, Calif., Kyle Busch took the first step toward the next century mark.

Holding off challenges from Ross Chastain and runner-up Ben Rhodes, Busch survived a late restart in winning Saturday’s TruNorth Global 250 NASCAR Gander Outdoors Truck Series race at Martinsville Speedway.

The race ended under a last-lap caution, after Reid Wilson’s No. 44 Chevrolet spun in Turn 4 and nosed toward the inside wall. Rhodes was running second when the yellow flag waved, with reigning series champion Brett Moffitt third and Chastain fourth.

The victory was Busch’s second at the .526-mile short track in his own Kyle Busch Motorsports Toyota. Busch has won each of his three starts this season and now has 54 victories in Trucks, extending his series record.

“These guys worked really, really hard this weekend,” Busch said of crew chief Rudy Fugle and the No. 51 team. “We unloaded, and I didn’t like where we were at. We made wholesale changes to this thing all weekend long and just tried to keep improving this Cessna Beechcraft Tundra and make it faster…

“All these guys kept trying to make it turn the center (of the corner) better. At Martinsville, you have to turn the center without getting too loose in or too loose off. … And we had enough tire at the end to hold them all off.”

Busch led 174 of the 250 laps, including the final 66. He passed Chastain for the top spot on Lap 185 and held it the rest of the way through four subsequent cautions before the final restart with three circuits remaining.

“Today we just kind of let the race play out and come to us,” Busch said.

Rhodes had a second-place car but not a race winner — and he knew it.

“It was a good day at Martinsville,” Rhodes conceded. “It was the best finish I’ve had here yet. I was surprised — qualifying 16th. We had a fast Ford F150, but we just needed a little more. We got beat by the best in the business. He knows what he’s doing here.

“It was fun following him and seeing how he was pacing himself. That’s something I’ve struggled with in the past… Anytime you restart next to that guy, I try to log it in my memory banks so I can just try and get him next time.”

Pole winner Stewart Friesen finished fifth after leading 19 laps, third most behind Busch and Chastain (53). Myatt Snider, Grant Enfinger, Matt Crafton, Johnny Sauter and Bubba Wallace completed the top 10.

French Canadian driver Raphael Lessard finished 14th in his first start in the Truck Series.

NASCAR Gander Outdoors Truck Series Race — 21st Annual TruNorth Global 250

Martinsville Speedway

Martinsville, Virginia

Saturday, March 23, 2019

1. (2) Kyle Busch(i), Toyota, 250.

2. (16) Ben Rhodes, Ford, 250.

3. (5) Brett Moffitt, Chevrolet, 250.

4. (10) Ross Chastain(i), Chevrolet, 250.

5. (1) Stewart Friesen, Chevrolet, 250.

6. (15) Myatt Snider, Ford, 250.

7. (19) Grant Enfinger, Ford, 250.

8. (6) Matt Crafton, Ford, 250.

9. (8) Johnny Sauter, Ford, 250.

10. (13) Bubba Wallace(i), Chevrolet, 250.

11. (18) Harrison Burton #, Toyota, 250.

12. (21) David Gilliland, Toyota, 250.

13. (12) Austin Dillon(i), Chevrolet, 250.

14. (7) Raphael Lessard, Toyota, 250.

15. (3) Todd Gilliland, Toyota, 250.

16. (9) Austin Hill, Toyota, 250.

17. (4) Sheldon Creed #, Chevrolet, 250.

18. (11) Derek Kraus, Toyota, 250.

19. (14) Tyler Ankrum #, Toyota, 250.

20. (24) Spencer Davis, Ford, 249.

21. (23) Timmy Hill(i), Chevrolet, 249.

22. (26) Austin Theriault, Ford, 248.

23. (20) Tyler Dippel #, Chevrolet, 248.

24. (27) Reid Wilson, Chevrolet, 247.

25. (30) Korbin Forrister, Toyota, 246.

26. (29) Jordan Anderson, Chevrolet, 246.

27. (25) Spencer Boyd, Chevrolet, 244.

28. (32) Travis Kvapil, Chevrolet, 240.

29. (28) Brennan Poole, Toyota, 239.

30. (31) Daniel Sasnett, Chevrolet, 238.

31. (22) Cory Roper, Ford, Rear End, 225.

32. (17) Gus Dean #, Chevrolet, Oil Line, 61.

Average Speed of Race Winner: 70.175 mph.

Time of Race: 1 hours, 52 minutes, 26 seconds. Margin of Victory: Under Caution Seconds.

Caution Flags: 7 for 50 laps.

Lead Changes: 8 among 4 drivers.

Lap Leaders: S. Friesen 1-8;K. Busch(i) 9-74;A. Hill 75-79;K. Busch(i) 80-120;S. Friesen 121-130;R. Chastain(i) 131-180;K. Busch(i) 181;R. Chastain(i) 182-184;K. Busch(i) 185-250.

Leaders Summary (Driver, Times Lead, Laps Led): Kyle Busch(i) 4 times for 174 laps; Ross Chastain(i) 2 times for 53 laps; Stewart Friesen 2 times for 18 laps; Austin Hill 1 time for 5 laps.

Stage #1 Top Ten: 51, 52, 13, 4, 45, 88, 24, 16, 8, 46

Stage #2 Top Ten: 45, 99, 51, 52, 24, 18, 13, 16, 27, 4

–By Reid Spencer, NASCAR Wire Service. Special to Field Level Media.

Source: OANN

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Kvitova’s attacker sentenced to eight years in prison

FILE PHOTO: Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis - Australian Open - Women's Singles Final - Melbourne Park, Melbourne, Australia, January 26, 2019. Czech Republic's Petra Kvitova attends a news conference after losing her match against Japan's Naomi Osaka. REUTERS/Adnan Abidi/File Photo

March 26, 2019

The man who stabbed two-time Wimbledon champion Petra Kvitova at her home in the Czech Republic in 2016 was sentenced Tuesday to eight years in prison.

Radim Zondra, 33, was convicted of causing serious bodily harm by a regional court in Brno. Prosecutors had sought a 12-year sentence for Zondra, who pleaded not guilty.

Kvitova’s spokesman, Karel Tejkal, said she respected the court’s ruling. “She’s satisfied with the verdict because she identified the convicted person as the attacker,” Tejkal said.

The left-handed Kvitova suffered slashing injuries to her left hand and fingers in the December 2016 home invasion at her apartment in Prostejov. She needed more than five months to recover.

Kvitova, 29, reached the final of the Australian Open in January, her first Grand Slam final since winning Wimbledon for the second time in 2014.

Kvitova is currently ranked No. 2 in the world, a career high. She faces Australian Ashleigh Barty in the quarterfinals of the Miami Open on Tuesday night. If she wins the tournament, she would claim the No. 1 spot from Japan’s Naomi Osaka.

–Field Level Media

Source: OANN

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Trump calls Libyan commander pushing to seize Tripoli

President Donald Trump has spoken by phone with Libya's Field Marshal Khalifa Hifter, who is leading an offensive to take over the capital of Tripoli — the seat of the U.N.-supported government.

According to a readout released by the White House on Friday, Trump and Hifter talked about counter-terrorism and the political future of Libya. The call took place earlier in the week.

The statement says: "The President recognized Field Marshal Haftar's significant role in fighting terrorism and securing Libya's oil resources, and the two discussed a shared vision for Libya's transition to a stable, democratic political system."

Hifter is aligned with a rival government in the east that is supported by Trump's allies Egypt and United Arab Emirates.

Fighting between Hifter's army and Tripoli forces threatens to ignite a civil war.

Source: Fox News World

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PIRC recommends against re-appointing Muilenburg as Boeing Chairman, CEO

Dennis Muilenburg CEO of the Boeing Company speaks at the George W. Bush Presidential Center's 2019 Forum on Leadership in Dallas
FILE PHOTO: Dennis Muilenburg, President, Chairman, and CEO of the Boeing Company, speaks at the George W. Bush Presidential Center's 2019 Forum on Leadership in Dallas, Texas, U.S., April 11, 2019. REUTERS/Jaime R. Carrero

April 23, 2019

(Reuters) – Leading proxy voting adviser Pensions & Investment Research Consultants (PIRC) recommended on Tuesday that investors in Boeing oppose re-election of Dennis A. Muilenburg as chairman and chief executive officer.

“There should be a clear division of responsibilities at the head of the Company between the running of the board and the executive responsibility for the running of the company’s business,” PIRC, which advises pension schemes and other investors, said.

(Reporting by Justin George Varghese in Bengaluru)

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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