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FILE PHOTO: A demonstrator holds a poster with a picture of Saudi journalist Jamal Khashoggi outside the Saudi Arabia consulate in Istanbul, Turkey October 25, 2018. REUTERS/Osman Orsal/File Photo
April 23, 2019
WASHINGTON (Reuters) – White House senior adviser Jared Kushner said on Tuesday he had urged Saudi Arabia’s crown prince, Mohammed bin Salman, to be transparent about the circumstances surrounding the death of Saudi journalist Jamal Khashoggi.
Taking questions at a Time magazine forum, Kushner was not specific about when he had spoken to the crown prince about the October killing of Khashoggi, a U.S.-based journalist, inside the Saudi consulate in the Turkish city of Istanbul.
But Kushner spoke to Salman by phone in the days after the death and met with him in Riyadh during a February tour of Gulf capitals.
“The advice I gave was, be as transparent as possible,” Kushner said. “We have to make sure there is accountability for what happened.”
Khashoggi’s death at the hands of Saudi agents in Istanbul sparked an outcry and tarnished the crown prince’s image.
The U.S. Central Intelligence Agency believes https://reut.rs/2GCT4FJ the crown prince ordered the killing, which Saudi officials deny.
President Donald Trump has been criticized by U.S. lawmakers for not taking a stronger stand against Saudi Arabia over Khashoggi’s killing.
“Look, I’m not going to dispute American intelligence services’ recommendations,” Kushner said when asked about the intelligence community’s conclusion.
Trump has said the U.S. partnership with Saudi Arabia is important for the U.S. economy and for maintaining stability in the region.
(Reporting By Steve Holland; Editing by Bernadette Baum)
Source: OANN

FILE PHOTO: Trump adviser Jared Kushner listen as U.S. President Donald Trump meets with his Cabinet at the White House in Washington, U.S., August 16, 2018. REUTERS/Kevin Lamarque/File Photo
April 23, 2019
By Steve Holland
WASHINGTON (Reuters) – President Donald Trump’s long-delayed proposal to break a deadlock in finding a resolution to the conflict between the Israelis and Palestinians is to be unveiled after the Muslim fasting month of Ramadan ends in June, White House senior adviser Jared Kushner said on Tuesday.
Kushner, who is married to Trump’s daughter Ivanka and is one of the main architects of the peace proposal, talked about the upcoming plan without giving details about it at a Time magazine forum in Washington.
The proposal, which has been delayed for a variety of reasons over the last 18 months, has two major components. It has a political piece that addresses core issues such as the status of Jerusalem, and an economic part that aims to help the Palestinians strengthen their economy.
“We’re going to wait until after Ramadan now,” Kushner said of the Muslim holy month, which will begin early in May and end early in June. He also cited the need to wait until Israeli Prime Minister Benjamin Netanyahu has formed a governing coalition following his April reelection victory.
Kushner, who has been developing the plan with Middle East envoy Jason Greenblatt, said it was not an effort to impose U.S. will on the region. He would not say whether it called for a two-state solution, a goal of past peace efforts.
“Our focus is really on the bottom up which is how do you make the lives of the Palestinian people better, what can you resolve to allow these areas to become more investable,” he said.
He said Israel’s biggest concern was security.
“There’ll be tough compromises for both,” he said. “I hope that when they look at our proposal, I’m not saying they’re going to look at it and say this is perfect and let’s go forward.”
“I’m hopeful what they’ll do is to say, look there are some compromises here but at the end of the day this is really a framework that can allow us to make our lives materially better and we’ll see if the leadership on both sides has the courage to take the lead to try to go forward,” he said.
(Reporting By Steve Holland; Editing by Bernadette Baum)
Source: OANN

FILE PHOTO: White House adviser Jared Kushner at the “2019 Prison Reform Summit” in the East Room of the White House in Washington, U.S., April 1, 2019. REUTERS/Yuri Gripas/File Photo
April 23, 2019
WASHINGTON (Reuters) – White House senior adviser Jared Kushner plans to present an immigration proposal to President Donald Trump at the end of the week or early next week, Kushner told a Time Magazine forum.
Kushner, Trump’s son-in-law, has been holding listening sessions with conservative groups and has been working with White House economic adviser Kevin Hassett and policy adviser Stephen Miller on a plan that addresses border security and merit-based immigration.
(Reporting by Steve Holland and Roberta Rampton; Editing by Chizu Nomiyama)
Source: OANN

FILE PHOTO: Steve Bannon delivers a speech during a meeting to discuss the Marrakesh Treaty in Brussels, Belgium, December 8, 2018. REUTERS/Eric Vidal/File Photo
April 23, 2019
BERLIN (Reuters) – Germany’s far-right Alternative for Germany (AfD) has invited U.S. President Donald Trump’s former strategist Steve Bannon to a media conference in Berlin for right-wing journalists and bloggers just two weeks before European elections.
The office of AfD lawmaker Petr Bystron confirmed a report in Der Spiegel magazine that the invitation to the May 11 event entitled “1. Conference of the Free Media” would discuss how to better and more efficiently shape information in future.
“We are now discussing the details,” Bystron was quoted by Spiegel as saying and the magazine said Bannon had been invited to the Bundestag lower house of parliament.
Bannon, a former chairman of the right-wing Breitbart.com website, has met several of Europe’s populist groups with the aim of advising them before May’s European elections but his efforts to act as a power broker have so far fallen flat.
Last year, he met France’s far-right leader Marine Le Pen and he has said he plans to work with right-wing Hungarian Prime Minister Viktor Orban.
Eurosceptic, nationalist parties, including the AfD, are expected to make big gains in the elections to the European Parliament on May 26.
One poll last month published in German daily Bild said far-right parties could double the number of their seats.
The AfD, set up as a eurosceptic party in 2013 in the midst of the euro zone debt crisis, changed direction with new leaders and in 2015 tapped into anti-immigrant sentiment in response to Chancellor Angela Merkel’s open-door migrant policy.
It was the third biggest party in Germany’s 2017 federal election and is the official opposition, currently polling at around 13 percent in opinion polls.
(Reporting by Madeline Chambers; Editing by Catherine Evans)
Source: OANN

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 16, 2019. REUTERS/Staff
April 18, 2019
By Medha Singh
(Reuters) – European shares were little changed on Thursday as strong quarterly results from Unilever and Nestle tempered data showing euro zone businesses unexpectedly slowed this month.
The pan-European STOXX 600 index rose 0.01 percent by 0940 GMT, retreating from an eight-month high and set to snap a six-day winning streak ahead of the Easter holiday.
Losses in bank-heavy Milan and Madrid indexes led declines, while Germany’s DAX edged higher.
The yield on the German 10-year bund fell further after flash Purchasing Managers’ Index (PMI) data unexpectedly fell to 51.3, a downturn led again by the bloc’s manufacturing industry.
The data came on the heels of the German government lowering its forecast for 2019 economic growth on Wednesday, which was overshadowed by better-than-expected economic data out of China.
“We … have confirmation that we are in a bit of a weak spot in Europe, if you look at the services sector and the composite PMI, and this is the reason why you’re seeing stock markets in Europe soften,” said Ken Odeluga, market analyst at CityIndex.
“But I think the PMI data is the wrong data at the right time. We are coming to the end of a very short week,” Odeluga added.
Also due are retail sales data and flash PMIs from the United States.
Bank stocks fell 0.7 percent, their steepest loss in three weeks.
Shares in Osram were among the biggest percentage losers on the STOXX 600 after a German magazine reported that private equity groups Bain and Carlyle were losing confidence in their bid for the lighting group.
SIGNS OF SLOWDOWN
Kering dropped 3.6 percent and weighed heavily on France’s CAC 40 after signs of a slowdown at the French fashion company’s Gucci brand, particularly in the United States.
Top gainer in Germany’s DAX was Deutsche Post, after the Federal Network Agency cleared the way for the postal company to significantly increase the cost of sending letters after the company pledged to hire an extra 5,000 delivery workers.
Not all earnings were disappointing. The food and beverage sector raked in a 1 percent rise, the most among European sectors, lifted by upbeat earnings from Nestle.
The food group’s shares advanced after it maintained its full-year forecast after good momentum in the United States and China.
London and Amsterdam-listed shares of Unilever topped the STOXX 600 after the consumer goods group reported stronger than expected quarterly underlying sales growth, helped by increased prices and volume.
Schneider Electric rose after the French company beat first-quarter revenue estimates.
Lab equipment maker Sartorius Stedim Biotech rose 3 percent after it maintained full-year guidance as first-quarter revenue rose.
French vouchers and card provider Edenred gained 2.3 percent after keeping its outlook for 2019 unchanged. Rival Sodexo was up 0.5 percent.
(Reporting by Medha Singh and Susan Mathew in Bengaluru; Editing by Gareth Jones and David Holmes)
Source: OANN

FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke
April 18, 2019
FRANKFURT (Reuters) – Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at Daimler Trucks division, Manager Magazin said on Thursday.
Daimler declined to comment on the cost savings figure and on the Manager Magazin report.
The cost savings are being sought by Daimler’s Ola Kaellenius, who will become Chief Executive in May, Manager Magazin said, without citing sources.
In February Daimler said it would pursue cost savings measures after fourth-quarter operating profit plunged by 22 percent, hit by trade wars, rising costs for developing electric cars and an industry downturn.
Around 30,000 Mercedes-Benz cars with faulty vehicle electronics were produced at its plant in Tuscaloosa, Alabama, requiring expensive reworking and delays, Manager Magazin said.
The delayed production at Tuscaloosa has led to a revenue shortfall of around 2 billion euros, and could depress first quarter earnings by up to half a billion euros, Manager Magazin said.
Daimler is due to release first quarter earnings on April 26.
Daimler also plans to become a carbon neutral company by 2040, ensuring that all new cars, production methods, and suppliers will work in a way which do not produce carbon dioxide emissions, Manager Magazin said.
Separately, Kaellenius will not renew common projects with French carmaker Renault and Nissan, letting an alliance between the carmakers lapse, the magazine said.
(Reporting by Edward Taylor; Editing by Michelle Martin)
Source: OANN

FILE PHOTO: Huawei CEO and founder Ren Zhengfei walks inside Huawei’s headquarters in the southern Chinese city of Shenzhen, Guangdong province, in this October 16, 2013 file photo. REUTERS/Bobby Yip
April 17, 2019
BERLIN (Reuters) – China’s Huawei offered Berlin a “no-spy agreement” to address security concerns over the Chinese company’s involvement in building Germany’s next-generation 5G mobile infrastructure, a German magazine said on Wednesday.
“Last month, we talked to the German Interior Ministry and said that we were ready to sign a no-spy agreement with the German government and to promise that Huawei will not install any backdoors in the networks,” Wirtschaftswoche quoted Huawei Chief Executive Ren Zhengfei as saying.
He called on the Chinese government to sign a similar no-spy-agreement and to adhere to European Union data protection laws.
Germany last month set tougher criteria for vendors supplying network equipment, stopping short of singling out Huawei for special treatment and instead saying the same rules should apply to all vendors.
(Reporting by Riham Alkousaa; Editing by Tassilo Hummel)
Source: OANN

FILE PHOTO: Newly manufactured cars are seen at the automobile terminal in the port of Dalian, Liaoning province, China July 9, 2018. REUTERS/Stringer/File Photo
April 17, 2019
BEIJING (Reuters) – China is considering plans to relax controls over the issuance of new car licenses in major cities to boost flagging auto sales, financial magazine Caixin reported on Wednesday, citing a draft document by the country’s state planner.
Caixin said China’s National Development and Reform Commission (NDRC) had issued a document containing the proposals on April 11, without saying how the magazine had obtained it. Copies of the document were widely circulated on Chinese social media on Wednesday.
According to the document, the NDRC is considering plans to increase the number of newly issued automobile licenses in big cities including Beijing, Shanghai and Guangzhou by 50 percent this year, and double that next year, from current 2018 levels, Caixin said.
It also said local governments should not implement traffic restrictions and curbs on buying electric vehicles, and should remove relevant measures if already taken.
Efforts by Reuters to reach the NDRC for comment were unsuccessful outside business hours. Caixin said people close to NDRC’s policymaking department did not deny the authenticity of the document.
Beijing has been trying to boost consumption of goods ranging from eco-friendly appliances to big-ticket items such as cars to fire up growth, as the world’s second-largest economy is expected to slow further in 2019.
Auto sales in China, the world’s largest car market, contracted for the first time last year since the 1990s but executives told Reuters this week that they expect the market to return to growth this year thanks to government support.
Official data showed earlier on Wednesday China’s economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.
(Reporting by Lusha Zhang and Brenda Goh; Editing by Dale Hudson)
Source: OANN


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