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Manhattan prosecutor who resigned says Trump guilty of felonies – New York Times
WASHINGTON (Reuters) – One of the prosecutors who had led a New York criminal probe into Donald Trump and his business practices said in a resignation letter last month that the former president was “guilty of numerous felony violations,” the New York Times reported on Wednesday.
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2022-03-24T03:34:46Z
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Manhattan prosecutor who resigned says Trump guilty of felonies – New York Times | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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TOKYO (Reuters) – Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said “unfriendly” countries must pay for Russian gas in roubles, in the latest jolt to global energy markets after Moscow’s invasion of Ukraine.
A thermal power and fuel joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power, JERA buys about 2 million tonnes a year (tpy) of LNG from the Sakhalin-2 project under long-term contracts, according to Japan Oil, Gas and Metals National Corporation’s (JOGMEC) data.
Graphic: Asia’s Russian LNG imports: https://graphics.reuters.com/UKRAINE-CRISIS/RUSSIA-GAS-PUTIN/mopanbkoeva/chart.png
South Korea, Asia’s third-largest importer of Russian LNG, expected to be able to continue imports, with the country’s Financial Services Commission saying it would do whatever was necessary to facilitate trade.
Korea Gas Corp (KOGAS) said it imports about 2 million tpy of Russian LNG, making up about 6% of the company’s imports. However, KOGAS does not transact directly with Russia as its purchase contract is with Sakhalin Energy and payments for the gas go into a Japanese bank in Singapore, it added.
Taiwan’s economy ministry said state-owned CPC Corp has one gas shipment arriving from Russia at the end of this month.
Getting paid in roubles would do little to secure the hard currencies Russia needs to prop up its currency’s value in global markets or pay for imports from other countries, he added.
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2022-03-24T08:08:19Z
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Asian gas buyers puzzle over Putin’s demand for payment in roubles | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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BERLIN (Reuters) – Daimler Truck reported an adjusted return on sales of 6.1% in 2021, recovering from its losses in 2020 but still at the lower end of its outlook as raw material prices and supply chain troubles weighed, the company said on Thursday.
The company expects revenue to increase to between 45.5 – 47.5 billion euros this year, leading to an adjusted return on sales of 7-9%.
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2022-03-24T08:08:34Z
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Daimler Truck 2021 return at low end of forecast | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: The Lloyd's of London building is reflected in a window in the City of London financial district in London, Britain, February 1, 2018. REUTERS/Simon Dawson
LONDON (Reuters) – Lloyd’s of London faces major claims this year from the conflict in Ukraine, but this will not create solvency difficulties, the commercial insurance market said on Thursday.
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2022-03-24T08:08:50Z
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Lloyd’s of London sees major claims this year from Ukraine conflict | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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STOCKHOLM (Reuters) – Swedish media group NENT, which is planning to enter Britain later this year with its streaming service Viaplay, said on Thursday it would now add live sports to its content line-up in the country.
Known for Nordic noir crime series such as “The Bridge”, NENT is expanding to more than a dozen countries to compete with bigger rivals Netflix and Disney+.
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2022-03-24T08:08:57Z
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Netflix rival NENT to offer live sports in Britain after launch | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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AfDB commits $2.8 billion to support private investment in S.Africa
FILE PHOTO: The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, January 30, 2020.REUTERS/Luc Gnago
JOHANNESBURG (Reuters) – The African Development Bank (AfDB) is committing $2.8 billion over the next five years to support private sector investment in South Africa, the institution’s president said on Thursday.
The bank is already supporting South Africa’s struggling state-owned companies, and is currently preparing a $400 million loan package to assist coal-dependent power utility Eskom transition to renewable energy.
Soon after coming to power in 2018, South Africa’s President Cyril Ramaphosa set a goal to raise $100 billion in new investment over five years to revitalise an economy long plagued by recessions and slow growth.
“Your investments are making a difference in our country and our local communities.”
(Reporting by Joe Bavier; Editing by Toby Chopra)
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2022-03-24T09:37:18Z
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AfDB commits $2.8 billion to support private investment in S.Africa | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Exclusive-Solomon Islands considers security cooperation with China – official
FILE PHOTO: Solomon Islands Prime Minister Manasseh Sogavare and Chinese Premier Li Keqiang attend a signing ceremony at the Great Hall of the People in Beijing, China October 9, 2019. REUTERS/Thomas Peter/File Photo
SYDNEY (Reuters) -The Solomon Islands has signed a policing deal with China and will send a proposal for a broader security agreement covering the military to its cabinet for consideration, an official of the Pacific island nation’s government said on Thursday.
“In relation to China, in relation to the Pacific region, that is our backyard, that is our neighbourhood, and we are very concerned [at] any activity that is taking place in the Pacific islands,” she said.
(Reporting by Kirsty Needham;Editing by Robert Birsel)
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2022-03-24T09:37:26Z
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Exclusive-Solomon Islands considers security cooperation with China – official | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – Gold prices were in a range-bound trade on Thursday, as markets exercised caution over the Russia-Ukraine conflict and ahead of U.S. inflation data that could offer fresh clues about the policy stance from the U.S. Federal Reserve.
Ukraine’s leader called for solidarity on Thursday, a month since Russia’s invasion began.
Holdings of the world’s largest gold-backed exchange-traded fund, SPDR Gold Trust rose 0.4% to 1,087.66 tonnes on Wednesday -its highest since Feb. 26, 2021. [GOL/ETF]
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2022-03-24T09:37:34Z
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Gold range-bound as markets eye Ukraine crisis, Fed policy stance | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Japan considering mandatory disclosure of gender wage, female manager ratio – sources
TOKYO (Reuters) – Japan is considering requiring companies’ annual reports to disclose average wages by gender and the ratio of female managers, said two people with direct knowledge of the matter, as it seeks to close the pay gap between men and women.
The move would be part of Prime Minister Fumio Kishida’s push to narrow income disparities and achieve more equal distribution of wealth for a sustainable economic recovery.
“The wage gap between men and women is an economic and financial problem, and the premier has a sense of crisis about it,” a third government official said.
“Other countries are moving at a tremendous speed. Japan has to go about three times as fast as before (to catch up)”, said the official.
“We are discussing the issues and nothing has been decided,” an official at the agency said.
It ranked 120 out of 156 countries in the World Economic Forum’s 2021 Global Gender Gap Index, scoring poorly on women’s economic participation and opportunity, as well as political empowerment.
The average salary for women who work full-time was 251,800 yen ($2,083) a month in 2020 – not quite 75% of the 338,800 yen earned by men, according to health ministry data.
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2022-03-24T09:37:42Z
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Japan considering mandatory disclosure of gender wage, female manager ratio – sources | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Motor racing-Aston Martin’s Vettel a doubt for Saudi Arabian Grand Prix
FILE PHOTO: Formula One F1 - Pre-Season Testing - Circuit de Barcelona-Catalunya, Barcelona, Spain - February 24, 2022 Aston Martin's Sebastian Vettel wears a protective face mask during testing REUTERS/Albert Gea/File Photo
(Reuters) -Aston Martin’s Sebastian Vettel has yet to return a negative test for COVID-19 that will allow him to travel for this weekend’s Saudi Arabian Formula One Grand Prix, the team said on Thursday.
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2022-03-24T09:37:58Z
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Motor racing-Aston Martin’s Vettel a doubt for Saudi Arabian Grand Prix | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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NEW YORK (Reuters) – A sharp sell-off in U.S. Treasuries has increased concerns about low levels of liquidity in the $23.5 trillion market, potentially amplifying losses for investors which already had a dire start to the year.
“People who buy longer-dated Treasuries, such as pensions, central banks and insurance companies, tend to stay away when you have this type of volatility,” said Ed Al-Hussainy, senior rates and currency analyst at Columbia Threadneedle, adding that liquidity “is not good” and that trading big blocks of Treasuries “has become very difficult.”
“We are adjusting to that new world where the Fed is not a buyer,” Al-Hussainy said.
“There’s a lot of correlation risks that are out there that I think have reduced balance sheet availability for the system at large, so even Treasuries get impacted by that,” said George Goncalves, head of U.S. Macro Strategy at MUFG.
“There’s a reduction in balance sheet capacity because people are de-risking, and when you start to really delve into it, you start to think that there’s knock-on effects that reduce not only risk appetite but also the ability to trade,” he said.
Bid-ask spreads — a commonly used indicator of liquidity — widened significantly in March on short-term Treasury notes, Refinitiv data showed.
Steven Schweitzer, senior fixed income portfolio manager with the Swarthmore Group, said he had seen a “pretty big disconnect” on the short end of the U.S. Treasury curve earlier this month – in a reminder of the lack of liquidity seen in the aftermath of the global financial crisis.
“Bonds and credit are the lubricant for the economy, and when you get the short end drying up, that’s a very big warning sign for us,” he said.
Benchmark 10-year Treasury yields jumped to 2.969% on Monday from 2.153% on Friday, and two-year notes spiked to 2.117% from 1.942%, compressing the gap between the yields of those two maturities – a sign that the market is anticipating a sharp economic slowdown.
“People are probably on the right side of that trade now,” said Matthew Nest, global head of active fixed income, State Street Global Advisors.
“The next pain trade is when and if yields go back down,” he added.
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2022-03-24T11:12:22Z
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Analysis-U.S. Treasury market pain amplifies worry about liquidity | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Column-What to expect when U.S. Social Security field offices reopen in April
FILE PHOTO: An American flag flutters in the wind next to signage for a United States Social Security Administration office in Burbank, California October 25, 2012. REUTERS/Fred Prouser
(Reuters) – If you need help filing for Social Security, Medicare or disability benefits, I have good news and bad news.
The return to office comes at a time when the SSA was working to replace staff lost during the pandemic. But hiring has been frozen due to a lower-than-expected operating budget signed into law last week as part of a $1.5 trillion U.S. government spending bill for 2022. The SSA budget rose by $411 million to a total of $13.3 billion – less than half of what the Biden administration had requested.
The agency is recruiting retirees to come back on a temporary basis to help with crowd control at the offices. Due to pandemic concerns, there will be limits on the number of people allowed into the offices at any given time, and it also should be possible to make appointments – assuming the phone system is up and running.
“Our employees are dedicated to serving the public and are up to the job at hand,” the SSA’s Hinkle said. “Our message to the public is to first use our online services to conduct business with the agency, call us for help if they cannot complete their business online, and schedule appointments in advance.”
(Writing by Mark Miller; Editing by Matthew Lewis)
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2022-03-24T11:12:28Z
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Column-What to expect when U.S. Social Security field offices reopen in April | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Harmonie Bataka, 27, and her best friend Tommy Taylor, 22, return home after a bicycle ride through their neighbourhood in Tema, Ghana, February 21, 2022. REUTERS/Francis Kokoroko
ACCRA (Reuters) – As dawn broke behind her, Harmonie Bataka skated in wide curves down a suburban street on the outskirts of Ghana’s capital, Accra, empty but for a scattering of people going to church.
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2022-03-24T11:12:43Z
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Meet the Ghanaian ‘Skate Gal’ inspiring girls to ride | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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LONDON (Reuters) – Britain’s private sector has reported the steepest rise in prices charged by companies since at least 1999 and optimism is at its lowest ebb in almost a year and a half, a survey showed on Thursday.
The preliminary S&P Global/CIPS composite Purchasing Managers’ Index (PMI) for March edged down to 59.7 from a historically high 59.9 in February, much less of a fall than the drop to 57.8 forecast in a Reuters poll of economists.
The PMI for Britain’s private-sector services hit its highest in nine months, but output in the manufacturing sector was reported at its lowest in five months.
“However, the outlook darkened as concerns over Russia’s invasion exacerbated existing worries over soaring prices, supply chains and slowing economic growth,” he said.
The PMI’s measure of business optimism dropped to its lowest since October 2020.
“The survey indicators point to potentially sharply slower growth in the coming months, accompanied by a further acceleration of inflation and a worsening cost of living crisis, which paints an unwelcome picture of ‘stagflation’ for the economy in the months ahead,” Williamson said.
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2022-03-24T11:13:06Z
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UK private sector reports record price hikes, confidence down-PMI | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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China’s Weibo says will evaluate options following SEC addition under HFCCA
(Adds dropped words “and”, “companies” in paragraph 1)
(Reuters) – Weibo Corp said on Thursday it will consider evaluating options in response to the U.S. Securities and Exchange Commission’s (SEC) addition of the Chinese social media platform to its list of U.S.-listed companies that face the risk of being delisted.
According to a Reuters report on Tuesday, citing sources, Chinese regulators have asked some of the country’s U.S.-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit disclosures, as Beijing steps up efforts to ensure domestic companies remain listed in New York. (This story corrects to add dropped words “and”, “companies” in paragraph 1)
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2022-03-24T14:13:52Z
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China’s Weibo says will evaluate options following SEC addition under HFCCA | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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THE HAGUE (Reuters) – The chief prosecutor of the International Criminal Court on Thursday asked a coalition of countries in The Hague to back his war-crimes investigation in Ukraine, saying “things can get worse” if the international community fails to act now.
“If we do not collectively step up…things can get worse and history will not judge us well and victims around the world will not judge us well.”
(Reporting by Anthony Deutsch; Editing by Bernadette Baum)
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2022-03-24T14:14:04Z
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ICC prosecutor calls for international support in Ukraine war-crimes probe | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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The road from Trump-Kim summits to N.Korea’s new ICBM test
SEOUL (Reuters) – North Korea appeared on Thursday to have returned to testing its longest-range intercontinental ballistic missiles (ICBMs) for the first time since 2017.
Following are key moments in North Korea’s missile tests and its foreign relations, in particular with the United States, over the past few years.
Capping a year that saw North Korea’s first intercontinental ballistic missile (ICBM) launch, a nuclear test, and a war of words between leader Kim Jong Un and then-U.S. President Donald Trump, North Korea test-fires a Hwasong-15 ICBM, capable of reaching the entire United States, and declares it has become a nuclear power.
South Korean President Moon Jae-in’s envoy delivers Kim’s invitation for Trump to visit North Korea; Trump agrees to meet Kim.
White House unveils Kim’s proposal for second summit.
Kim guides test of “cutting-edge tactical weapon”.
Kim oversees the test of a new “super-large” multiple launch rocket system (MLRS).
North Korea tests “super-large” MLRS.
Trump says Kim and he get along well and “like” and “respect” each other.
North Korea tests the “super-large” MLRS.
Kim vows to further develop nuclear programmes and introduce a “new strategic weapon”.
Trump says he has a very good relationship with Kim and stopped war. Biden likens Kim to Adolf Hitler and calls him a “thug”.
North Korea tests a new long-range cruise missile, state media say, seen by analysts as possibly the country’s first such weapon with a nuclear capability.
North Korea fires a pair of ballistic missiles off its east coast. North Korean state media says it was a new “railway-borne missile system.”
North Korea test-fires a new SLBM launched from a Sinpo-class submarine, reportedly featuring advanced guidance technologies, and capable of “pull-up” manoeuvres.
The Biden administration imposes its first sanctions over North Korea’s weapons programmes.
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2022-03-24T14:14:16Z
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www.oann.com
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The road from Trump-Kim summits to N.Korea’s new ICBM test | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) -Nikola Corp shares rose about 15% on Thursday, as Wall Street cheered the company starting production of its electric truck on schedule.
Nikola shares were trading at $10.52. As of Wednesday, the stock had lost at least 35% of its value since the company’s founder was charged with defrauding investors in July last year.
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2022-03-24T15:44:27Z
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www.oann.com
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Nikola shares jump as it starts manufacturing electric trucks | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts
WASHINGTON (Reuters) – A measure of U.S. business activity increased to an eight-month high in March, fueled by strong demand for both goods and services, but Russia’s war against Ukraine hurt sentiment.
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2022-03-24T15:44:48Z
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U.S. business activity rises to eight-month high in March – survey | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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ConocoPhillips plans sale of Texas, Oklahoma gas assets – sources
FILE PHOTO: The logo for ConocoPhillips is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid
(Reuters) – U.S. shale oil producer ConocoPhillips is working with an adviser to sell its gas-producing assets in the Anadarko Basin of North Texas and Western Oklahoma, according to two sources and documents seen by Reuters.
Over the past 18 months, ConocoPhillips has spent about $23 billion buying properties in the Permian basin. Before spending $9.5 billion to acquire Shell’s acreage in Texas, ConocoPhillips took over rival Concho Resources for more than $13 billion.
The U.S. shale producer’s operated Anadarko assets consist of 261,200 net acres producing around 8,000 barrels of oil equivalent per day (boepd), while the non-operated package covers 17,700 net acres in Oklahoma and has production of 3,000 boepd, according to the marketing document seen by Reuters.
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2022-03-24T17:14:44Z
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ConocoPhillips plans sale of Texas, Oklahoma gas assets – sources | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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U.S. regulators see deal with Beijing on audits as ‘premature,’ will continue to engage
WASHINGTON (Reuters) – The U.S. public company accounting regulator said on Thursday that it continued to engage with Chinese regulators about getting access to their auditors’ records, but it remained unclear if the Chinese government would grant the access required by a new U.S. listing law.
“If an agreement is reached, we will then proceed with our inspection and investigation activities to determine if the agreement operates as intended…[but] an agreement without successful execution will not satisfy U.S. law,” the audit watchdog said.
China’s regulators have also been considering a proposal to allow their U.S. counterparts to inspect audit working papers of some Chinese firms that do not gather sensitive data.
U.S. lawmakers mandated in December 2020 that the watchdog take steps to ensure foreign companies listed in the United States, in particular Chinese companies, comply with U.S. auditing standards after decades of China’s reluctance to let overseas regulators inspect local accounting firms due to national security concerns.
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2022-03-24T17:15:22Z
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U.S. regulators see deal with Beijing on audits as ‘premature,’ will continue to engage | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Baseball-Yankees retain title of MLB’s most valuable team – Forbes
FILE PHOTO: Aug 28, 2020; Bronx, New York, USA; Members of the New York Yankees watch from the dugout during the third inning of the second game of a double header against the New York Mets at Yankee Stadium. Mandatory Credit: Brad Penner-USA TODAY Sports
(Reuters) – The New York Yankees are Major League Baseball’s most valuable team for a 24th consecutive year, according to the annual list published by business magazine Forbes on Thursday.
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2022-03-24T18:48:01Z
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Baseball-Yankees retain title of MLB’s most valuable team – Forbes | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Figure Skating – Pyeongchang 2018 Winter Olympics – Pair Skating free skating competition final – Gangneung Ice Arena - Gangneung, South Korea – February 15, 2018 - Meagan Duhamel and Eric Radford of Canada compete. REUTERS/Damir Sagolj
MONTPELLIER, France (Reuters) – The International Skating Union (ISU) has replaced its world championship commentators after they made derogatory comments aimed at Canadian Meagan Duhamel.
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2022-03-24T18:48:16Z
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Figure skating-ISU removes commentating duo over insulting remark | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Figure skating-Shmuratko skates world championships’ short programme with Ukraine training shirt
MONTPELLIER, France (Reuters) – Ivan Shmuratko took the ice wearing his Ukraine training t-shirt for the men’s short programme at the figure skating world championships on Thursday.
Russian and Belarusian skaters have been banned from taking part in the world championships, leaving a depleted field in Montpellier, where the last two Olympic men’s champions – Japan’s Yuzuru Hanyu and American Nathan Chen are absent due to injury.
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2022-03-24T18:48:23Z
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Figure skating-Shmuratko skates world championships’ short programme with Ukraine training shirt | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: The facade of a Google office is seen in New York City, New York, U.S., February 10, 2022. REUTERS/Paresh Dave
WASHINGTON (Reuters) – Alphabet’s Google urged a judge hearing a U.S. antitrust case against it to reject the Justice Department’s request that it be sanctioned, saying it had not abused attorney-client privilege.
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2022-03-24T18:48:46Z
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Google urges judge hearing U.S. antitrust lawsuit to reject sanctions request | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) -New York Mayor Eric Adams said on Thursday he was lifting the city’s COVID-19 vaccine mandate for professional athletes and performers, allowing unvaccinated Brooklyn Nets star Kyrie Irving to play at home and lifting a cloud ahead of Major League Baseball’s opening day.
The loosening of the restrictions comes in time for Major League Baseball’s opening day on April 7 after a lockout forced a brief postponement. The New York Yankees will play their home opener on April 7 while the New York Mets will welcome back fans on April 15.
(Reporting by Brendan O’Brien in Chicago; Editing by Bill Berkrot)
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2022-03-24T18:48:53Z
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NYC Mayor Adams lifts vaccine mandate for pro athletes, performers | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Tennis – Osaka cruises by Kerber to reach third round in Miami
(Reuters) – A dominant Naomi Osaka beat German 13th seed Angelique Kerber 6-2 6-3 on Thursday in a one-sided clash of two former world number ones to reach the third round of the Miami Open where Garbine Muguruza and Simona Halep withdrew with injuries.
“I feel like I came into the match wanting to dictate and actually I wanted to come into the net if I needed to … that’s something I’m practising and hopefully as I keep playing it will get better.”
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2022-03-24T20:22:19Z
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Tennis – Osaka cruises by Kerber to reach third round in Miami | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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HOUSTON (Reuters) – U.S. refiners have begun snapping up fuel oil cargoes from the Middle East this month after U.S. President Joe Biden banned Russian oil imports over the country’s invasion of Ukraine, shipping data showed.
“It’s a clear sign that we’re seeing a shift in where the United States is buying fuel oil from,” said Kpler analyst Matt Smith. The United States could struggle to plug the gap left by Russia, Smith said, given the loss of Russia fuel oil imports.
U.S. officials have been pressing other oil suppliers to boost exports. Some diplomats met with Venezuelan officials this month over the possible return of Venezuela’s heavy crude to the U.S. Gulf Coast. Refiners also have reached out to Ecuador for additional heavy crude cargoes.
“There may well be a game of musical chairs in the months ahead, as Russian fuel oil is redirected away from the U.S. and to the Middle East, while the Middle East sends more to the U.S. instead,” Smith said.(Graphic: https://fingfx.thomsonreuters.com/gfx/ce/klpykjzmnpg/Pasted%20image%201648148659452.png)
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2022-03-24T20:22:25Z
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U.S. refiners turn to Middle East for fuel oil after Russia import ban | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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U.S. unveils charges against 4 Russian officials over hacking campaigns
WASHINGTON (Reuters) -The U.S. unveiled criminal charges against four Russian government officials on Thursday, saying they engaged in two major hacking campaigns between 2012 and 2018 that targeted the global energy sector and impacted thousands of computers across 135 countries.
The Justice Department unsealed the two cases just days after U.S. President Joe Biden warned about “evolving intelligence” suggesting the Russian government is exploring options for more potential cyberattacks in the future.
The following year – two weeks before the 2020 U.S. presidential election – the U.S. Treasury Department sanctioned the Russian government-backed Central Scientific Research Institute of Chemistry and Mechanics where Gladkikh is alleged to have worked.
The news of the indictment represents “a shot across the bow” to any Russian hacking groups who might be poised to carry out destructive attacks against U.S. critical infrastructure, said John Hultquist of the cybersecurity firm Mandiant.
Now that these criminal charges are public, he added, the United States has “let them know that we know who they are.”
An FBI official told reporters that these cases underscore the continued threat posed by Russian cyber operations and urged companies to “lock their cyber doors.”
Among the victim companies that assisted with the Justice Department’s investigation are Wolf Creek Nuclear Operating Corporation and the Kansas Electric Power Cooperative, the department said.
(Reporting by Sarah N. Lynch and Raphael Satter in Washington;Editing by Chizu Nomiyama and Marguerita Choy)
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2022-03-24T21:52:36Z
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U.S. unveils charges against 4 Russian officials over hacking campaigns | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Mexican president lets slip central bank’s announcement of 50-bp rate hike to 6.5%
MEXICO CITY (Reuters) -Mexico’s central bank on Thursday voted to raise its benchmark interest rate by 50 basis points to 6.5%, a decision that was unexpectedly announced hours ahead of schedule by President Andres Manuel Lopez Obrador in a breach of norms.
The president later apologized, saying he thought the decision had already been made public.
The unanimous decision by the Bank of Mexico’s five-member board was in line with a Reuters poll of analysts which forecast the bank would set a rate of 6.5%, the seventh hike in a row.
The bank cited tightening global monetary and financial conditions, and the prevailing uncertainty and rising inflationary pressure linked to geopolitical conflict, an apparent reference to the war in Ukraine.
Earlier, while speaking about inflation, Lopez Obrador noted the U.S. Federal Reserve had last week raised its key lending rate for the first time since 2018, then said Mexico’s central bank had voted to hike its benchmark rate by 50 basis points.
“We’re going to have an interest rate of 6.5 (percent),” he said, speaking at a regular morning news conference. “The Bank of Mexico took the decision yesterday unanimously, and we respect the Bank of Mexico’s autonomy.”
The peso currency extended gains against the dollar after the president made his remarks, and closed on Thursday at its strongest level since late September.
Still, several analysts expressed shock and alarm that the president had revealed the decision early.
Gabriela Siller, an economist at Banco Base, said revealing the rate decision in advance was unprecedented and a “scandal” that raised questions about the bank’s autonomy.
Galia Borja, one of the Bank of Mexico’s board, denied that the president’s move would compromise the bank’s autonomy and said that it had made its decision completely independently.
The central bank board’s policymaking decision, which normally takes place on Wednesday evening, was moved forward a few hours to help with the arrangements for the convention, according to a person familiar with the matter.
While attending the convention on Thursday evening, Lopez Obrador said he thought the bank’s decision had already been announced when he spoke in the morning.
“I want to apologize to the governor of the bank and the deputy governors because I received the information last night that they had taken the decision,” he said.
Mexican policymakers face a delicate balancing act between taming high inflation while not choking off fragile economic growth, which stalled at the end of 2021. The economy ministry has forecast the economy will expand about 2.5% in 2022.
Inflation hit 7.29% in the first half of March, slightly lower than the previous two-week period, but more than double the central bank target rate of 3%. The bank has a one percentage point tolerance range above and below the target.
(Reporting by Anthony Esposito and Dave Graham; Editing by David Gregorio & Shri Navaratnam)
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2022-03-25T02:23:04Z
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N.Korea tests massive new ICBM for ‘long’ confrontation with U.S
SEOUL (Reuters) -North Korea’s latest launch was a huge, new intercontinental ballistic missile (ICBM), state media reported on Friday, in a test leader Kim Jong Un said was designed to demonstrate the might of its nuclear force and deter any U.S. military moves.
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2022-03-25T02:23:12Z
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N.Korea tests massive new ICBM for ‘long’ confrontation with U.S | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: An aerial view of Bogota, picture taken from the Monserrate cable car, in Bogota, Colombia November 20, 2020. REUTERS/Luisa Gonzalez
BOGOTA (Reuters) – Colombia will receive two loans totalling $830 million from the World Bank to fund COVID-19 pandemic recovery and education efforts, the country’s government and the bank said on Thursday.
“Through these two loans, which are greatly relevant to Colombia, the World Bank will contribute to the general national budget and the budget of the national education ministry,” Colombia’s national director of planning Alejandra Botero said in a World Bank statement.
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2022-03-25T02:23:36Z
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World Bank approves $830 million in loans to Colombia | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) -China’s JD Logistics priced new shares issued on Friday in a $1.1 billion capital increase at a steep discount to their previous close, triggering a slump in its stock early in the Kong Kong trading session.
According to a Hong Kong Stock Exchange filing, JD Logistics priced the shares at HK$20.71 each, a discount of about 10% to Thursday’s closing price, to raise HK$8.53 billion ($1.09 billion) on Friday. The stock fell by up to 11% on Friday in early trade to HK$20.35.
The share sale came despite ongoing volatility in regional equities markets, with Hong Kong’s Hang Seng Index down 6.5% this year.
The top 15 investors who bid during the bookbuild were allocated 80% of the stock that was on offer, according to a source with direct knowledge of the matter, who declined to be identified because he was not authorised to discuss the deal.
JD.com did not immediately respond to a request for comment on the deal’s composition.
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2022-03-25T03:54:47Z
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China’s JD Logistics seals $1.1 billion capital increase, stock drops 11% | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – Former U.S. Open champion Dominic Thiem said he will make his return from a wrist injury at the ATP Challenger Tour claycourt event in Marbella, Spain which begins on Sunday.
“I want to start getting contact with the competition after all these months and I believe this is the right way to start,” Thiem said on Instagram on Thursday.
“It’s been a very, very tough period for me and to go back to competition is what I need … I know this will be a slow process of getting back to the top level, but I am ready to work hard and start humble.”
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2022-03-25T03:55:10Z
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Tennis-Thiem to return at claycourt Challenger event in Spain | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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SYDNEY (Reuters) – Hall of Famer Karrie Webb says newly retired tennis player Ash Barty has the talent to be amateur golf champion of Australia one day, even if she doubts her fellow Queenslander would want to join the professional circuit.
“I don’t see Ash wanting to do a sport where she has to travel the world, I think that’s part of what she didn’t like about tennis, being away from Australia,” the seven-times major winner told a news conference.
“No, we’ll wait and see,” she said. “I got to try and learn how to hit the middle of the club face before I can think of trying to get on the tour.”
Whatever Barty’s golfing ambitions, Webb said was convinced the three-times tennis major champion would now be spending plenty of time on the course.
“I don’t think I’ll need to get in her ear to get her to start play more golf,” Webb added.
“I think Ash will definitely get into her golf now. I only got the opportunity play with her once and it wasn’t going to take much for her to be kicking my butt.”
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2022-03-25T05:23:37Z
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Golf-Barty has the talent to be Australian amateur champion, says Webb | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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BANGKOK (Reuters) – Thailand’s central bank said on Friday it is planning new policy guidelines for the banking sector, including virtual banks and open banking, for later this year.
The Bank of Thailand (BOT) will publish guidelines for a public hearing on a virtual bank licensing framework and for the sector’s engagement in digital businesses by the second quarter of this year, it said in a statement https://www.bot.or.th/English/PressandSpeeches/Press/2022/Pages/n1565.aspx.
The new guidelines will reflect previous recommendations from the central bank aimed at repositioning Southeast Asia’s financial sector to serve a sustainable digital economy, it said.
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2022-03-25T08:31:33Z
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Thai central bank plans rules on virtual banks, open banking | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019 REUTERS/Rodrigo Garrido
HARARE (Reuters) – Global mining giant Anglo American Plc on Friday announced the sale of its remaining shareholding in Thungela Resources, completing its exit from the South African coal business.
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2022-03-25T10:04:42Z
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Anglo American completes exit from S.African coal miner Thungela | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Japan’s ruling coalition partner to propose relief package Monday
TOKYO (Reuters) – Japan’s junior coalition partner Komeito will call on Monday for emergency measures to cushion people against the economic blow from rising prices of energy and food, the party’s leader, Natsuo Yamaguchi, said on Friday.
“In the proposal, we’ll urge the government to look into compiling an extra budget” to fund the spending, he told Reuters in an interview.
He urged the Bank of Japan to maintain its massive stimulus programme “for a bit longer” to ensure a solid recovery in the economy.
The Komeito party is a junior member of Japan’s ruling coalition, led by Prime Minister Fumio Kishida’s Liberal Democratic Party (LDP).
(Reporting by Leika Kihara and Kaori Kaneko; Editing by Clarence Fernandez)
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2022-03-25T11:35:43Z
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Japan’s ruling coalition partner to propose relief package Monday | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) -Restrictions Russia’s central bank imposed in the past month on capital flows out of the country were a tit-for-tat move in response to part of its reserves being frozen by Western countries, the regulator said on Friday.
Russia holds part of the reserves in the Chinese yuan and gold – 73.9 million troy ounces of the precious metal worth $132 billion as of Feb. 1.
The United States, however, said on Thursday that gold-related transactions involving Russia could be sanctionable by U.S. authorities, effectively limiting the central bank’s ability to use the gold reserves as well.
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2022-03-25T11:35:51Z
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Russia: capital controls were tit-for-tat move after central bank reserves frozen | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Vitesco receives 2 billion euro order for electric car components – CEO
BERLIN (Reuters) – Vitesco has received an order worth around 2 billion euros ($2.20 billion) to produce a component for electric vehicles (EVs), Chief Executive Andreas Wolf said on Friday, without naming the client.
Speaking after Vitesco’s annual results conference, Wolf said that the faster-than-expected uptake in EVs could mean that the company’s transition away from internal combustion engine technology could happen faster than planned but no sooner than the second half of the decade.
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2022-03-25T11:36:06Z
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Vitesco receives 2 billion euro order for electric car components – CEO | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – A new Gravel World Series spanning 12 events will begin next month in the Philippines and lead up to the inaugural Gravel World Championships at the end of the season, cycling’s governing body (UCI) said on Friday.
“I am thrilled that we now have an exciting and rich calendar of gravel events for riders with an adventurous spirit who enjoy cycling on unsealed roads and paths,” UCI president David Lappartient said.
“The UCI Gran Fondo World Series is incredibly popular, and I am convinced that this concept will be equally successful for the gravel format.”
Organisers said regulations for the series would be relaxed for the first two years to allow participants to compete on any type of bike without electrical assistance but added that they would reassess the rules “in upcoming years”.
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2022-03-25T14:42:36Z
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Cycling-Philippines to kick off inaugural Gravel World Series | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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ROME (Reuters) – Eight months after winning the European Championship trophy and being feted as national heroes, Italy’s soccer team have crashed back to earth, missing out on the World Cup finals for the second time running.
It was a shock repeat of four years ago, when Italy failed to reach soccer’s global showpiece tournament for the first time since 1958. But after the team’s victory in the European final against England last July, few people believed a repeat calamity was looming.
“The system, Italian soccer in its entirety, needs to be put on trial,” Italy’s top-selling sports daily Gazzetta dello Sport, wrote in an editorial, blaming a “total lack of vision” among sport administrators.
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2022-03-25T14:43:07Z
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Italy players go from heroes to zeros as World Cup dreams are shattered again | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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BRUSSELS (Reuters) -European Union leaders struggled on Friday to agree on steps to ease the energy market crunch exacerbated by Russia’s invasion of Ukraine, seeking difficult compromises on how to limit the impact for hard-hit consumers of soaring gas and oil prices.
Discussions on the second day of a summit in Brussels were “intense,” an EU official said, while adding that the leaders of the 27 nations did appear to be moving towards an agreement on some of the points – in particular on joint gas purchases.
Proposals to cap power prices for businesses and households were much trickier, and there was no deal in sight on banning energy imports from Russia, Europe’s top gas supplier.
“We’re coming together to reduce Europe’s dependence on Russia’s energy,” Biden said before leaving for Poland. “We should not subsidise Putin’s brutal attack on Ukraine.”
“The EU is not only about big principles, big meetings and American presidents,” Belgian Prime Minister Alexander De Croo told reporters on arrival for the talks.
“Today is about the everyday issues of the people and that is the electricity and gas invoice of the people, and that’s the impact we see today of that war in Ukraine,” he said. “We are at war and in a war you need to take extraordinary measures.”
“There is a solution,” Slovenian Prime Minister Janez Jansa said before the talks. “It is common European purchases, common logistics, common building of gas storage capacity.”
Moscow calls its actions in Ukraine a “special military operation” to demilitarise and “denazify” Ukraine. Kyiv and the West say Putin launched an unprovoked war of aggression.
Europe’s dependency on energy from Russia means the question of whether to impose an embargo, as the United States has done, is economically risky, and no decision was expected on Friday.
Poland’s Prime Minister Mateusz Morawiecki said Germany, Hungary and Austria were among the most reticent about imposing a ban on Russian oil and gas.
It was unclear if a common position would emerge on Russia’s demand this week that “unfriendly” countries must use roubles to pay for its oil and gas and if the Commission would get a mandate to tackle that.
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2022-03-25T16:14:37Z
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EU leaders struggle for deal on energy crunch fix | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Snow-covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. REUTERS/Gary Cameron
(Reuters) – The United States, the world’s top natural gas producer, wants to send more liquefied natural gas (LNG) to Europe to help its allies break their dependence on Russian gas after Moscow invaded Ukraine on Feb. 24.
On Thursday, U.S. President Joe Biden promised the United States would deliver at least 15 billion cubic meters (bcm) more LNG to Europe this year than planned before, sources familiar with the matter said.
That amount – 15 billion cubic meters (bcm) – converts to about 1.5 billion cubic feet per day (bcfd). For context, 1 billion cubic feet is enough to heat 5 million U.S. homes for a day.
All seven U.S. LNG export plants, however, are currently operating at capacity and liquefying about 12.7 bcfd of gas. So, no matter how high global prices rise, the U.S. cannot produce anymore LNG – at the moment.
“The U.S. can easily exceed this 15 bcm (1.5 bcfd) target, as European price signals … are likely to far exceed Asian spot prices,” Sindre Knutsson, vice president at Rystad Energy, said in a note.
U.S. processing capacity was on track to rise to around 13.1 bcfd by the end of 2022 as more liquefaction trains at Venture Global LNG’s Calcasieu Pass export plant in Louisiana enter service.
(Reporting by Scott DiSavino and Marwa Rashad; Editing by Marguerita Choy)
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2022-03-25T16:14:45Z
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FILE PHOTO: A general view of the WINGAS gas storage facility near the northern German town of Rehden January 7, 2009. REUTERS/Christian Charisius
BERLIN (Reuters) – The Bundestag lower house on Friday approved legislation requiring Germany’s privately-operated gas storage facilities to be full at the start of the next winter, to try to avert shortages in the event of a halt in Russian gas imports.
Germany’s gas market trading hub, Trading Hub Europe (THE), which is overseen by the country’s energy regulator, will be responsible for ensuring the thresholds are met by issuing tenders for traders.
Chancellor Olaf Scholz’s government has been acting to cut Germany’s exposure to Russian energy imports after President Vladimir Putin began what he has called a “special military operation” in Ukraine on Feb. 24. Kyiv and the West say Putin launched an unprovoked war.
In Germany, a third of gas storage belongs to Russia’s Gazprom, whose facilities in Germany had lower levels of stored gas this winter than those operated by other companies.
(Reporting by Markus Wacket and Vera Eckert; Editing by Zuzanna Szymanska and Barbara Lewis)
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2022-03-25T16:15:00Z
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Germany approves law mandating full gas storage before winter | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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JEDDAH (Reuters) – Ferrari’s Charles Leclerc set the pace ahead of Red Bull’s world champion Max Verstappen in Friday’s opening Formula One practice session for the Saudi Arabian Grand Prix.
The Monegasque, who took victory ahead of team mate Carlos Sainz in last week’s season-opening race in Bahrain, lapped the 6.1-km Jeddah Corniche track in one minute 30.772 seconds.
Verstappen, who was on course for second place in Bahrain before being sidelined by a fuel system problem three laps from the race’s end, was 0.116 seconds adrift with Alfa Romeo’s Valtteri Bottas third. Sainz was fourth.
McLaren’s Lando Norris clipped the board, showering debris across the track.
Friday’s opening hour of practice also allowed drivers to familiarise themselves with the changes to the Jeddah track, a challenging layout made up mainly of blind, high-speed sweeps and flat-out blasts along the city’s Red Sea waterfront.
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2022-03-25T16:15:08Z
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Motor racing-Leclerc heads Verstappen in opening Saudi practice | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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BUENOS AIRES (Reuters) -Argentina scored twice in three minutes late in the second half, including a curiously mis-hit effort from Lionel Messi, to cement a 3-0 win over Venezuela in Friday’s World Cup qualifier in Buenos Aires.
(Writing by Andrew Downie in Edinburgh; Editing by Sam Holmes and Lincoln Feast.)
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2022-03-26T02:54:21Z
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Soccer-Messi scores on Argentina return in 3-0 win over Venezuela | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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MELBOURNE (Reuters) – Australia coach Graham Arnold’s future is up in the air following the World Cup qualifying loss to Japan, with local media reports he may be sacked as early as next week.
His squad is arguably less equipped to handle the challenge than Postecoglou’s, with the Socceroos’ staff having failed to unearth and develop new talent through the World Cup cycle, particularly in attack and at midfield.
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2022-03-26T04:25:40Z
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Soccer-Australia coach Arnold on a knife edge after bleak loss to Japan | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Cricket-Australia’s Perry could play as batter only in World Cup semi-final – coach
(Reuters) – Australia all-rounder Ellyse Perry could play as a batter only in their Women’s World Cup semi-final next week if she fails to fully recover from a back injury, coach Matthew Mott said on Saturday.
“It wouldn’t be ideal, but she would definitely be considered as a batter alone. It does throw up different selection conundrums.
“… But all things considered, it’s looking quite positive – she’d had a really good break, we’ve been quite conservative in her management, so we’re confident with the extra couple of days that gives her time to be ready.”
Australia have won the 50-over Women’s World Cup a record six times.
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2022-03-26T05:56:59Z
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Cricket-Australia’s Perry could play as batter only in World Cup semi-final – coach | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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WUZHOU, China (Reuters) – As recovery crews sifted through the mud at the China Eastern Airlines crash site, dozens of relatives of those on board flight MU5735 remained nearby in an anxious wait for further news.
“It’s so painful,” he said in a broken voice, holding back tears. “We have nothing but grief now…We are living in grief every day.”
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2022-03-26T07:28:59Z
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‘We have nothing but grief’ says father of plane crash victim | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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West African leaders set deadlines for ‘recalcitrant’ coup-hit states
Senegalese President Macky Sall, Ghanaian President and Chairman of Economic Community of West African States (ECOWAS) Nana Akufo-Addo and ECOWAS Commission President Jean Claude Kassi Brou attend an extraordinary summit of ECOWAS to hear reports from recent missions to Mali, Burkina Faso and Guinea following military coups in those countries, in Accra, Ghana March 25, 2022. REUTERS/Francis Kokoroko
ACCRA (Reuters) -West Africa’s main political and economic bloc said on Friday it would give Mali’s military transitional government 12 to 16 months to arrange elections and offered Guinea’s ruling junta a month to propose a democratic transition timeline.
After a summit in Accra, leaders of the Economic Community of West African States (ECOWAS) also agreed to ask Burkina Faso’s interim leaders to reduce a proposed transition of 36 months to a “more acceptable timeline,” the bloc’s Commission President Jean Claude Kassi Brou told a news conference.
“Our democratic values must be preserved,” Kassi Brou said. “Some countries are going through challenges, but we must address those challenges collectively.”
“We have no idea when the transition [in Guinea] will end and this creates tensions in the region and inside the country,” he said.
Mali’s interim government failed on a promise to hold elections in February and first said it would keep ruling until at least 2025, which was then revised down to 24 months.
Meanwhile, Burkina Faso’s junta, which took over in January, has proposed relinquishing power after three years, raising eyebrows in ECOWAS.
Before Friday’s meeting the bloc’s chair, Ghanaian President Akufo-Addo, said it was “time to take stock of where we are with our three recalcitrant member states.”
Sanctions in Mali have already severed the country’s access to regional financial markets, caused job losses and contributed to its default on about $180 million in debt payments.
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2022-03-26T07:29:06Z
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Turkey’s C/A deficit seen rising to 4% of GDP this year -Goldman
ISTANBUL (Reuters) – Turkey’s current account deficit is expected to rise to $32 billion or 4.0% of GDP this year, more than the 2.5% previously forecast, Goldman Sachs said, citing rising commodity prices due to the war in Ukraine and Ankara’s reluctance to raise rates.
“We now forecast the Turkish current account deficit at 4.0% (previously 2.5%) of GDP in 2022,” and it could be more “should the authorities once again resist a slowdown in domestic demand and push for growth,” Goldman said.
The central bank’s rate cuts to 14% have left real rates deeply negative given that inflation has soared to 54%. Inflation is expected to hover above 60% for much of the year.
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2022-03-26T08:59:40Z
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But they have found an emergency location transmitter from the plane that had been close to where the second black box – the flight data recorder – had been installed, Zhu Tao, director of the Aviation Safety Office of the Civil Aviation Administration of China, told reporters.
A total of 120 people have been identified from samples taken from the site, said Zheng Xi, head of Guangxi’s fire and rescue department. None of the main components of common explosives were detected in the crash debris, he said.
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2022-03-26T12:02:19Z
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Chinese search team yet to find second black box from plane crash | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Lebanon’s Mikati expresses hope of IMF accord in weeks
FILE PHOTO: Lebanon's Prime Minister-Designate Najib Mikati speaks after meeting with Lebanon's President Michel Aoun, at the presidential palace in Baabda, Lebanon August 16, 2021. Dalati Nohra/Handout via REUTERS
Reforms demanded by donors to provide assistance to Lebanon include steps to tackle widespread corruption, tax dodging and government deficits – the root causes of the meltdown.
“We don’t have an option, it is an obligatory path to negotiate with the IMF and to achieve an agreement,” he added.
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2022-03-26T12:02:42Z
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Lebanon’s Mikati expresses hope of IMF accord in weeks | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: A board with the logo is on display outside the office of the Moscow Exchange in the capital city of Moscow, Russia March 24, 2022. REUTERS/Maxim Shemetov
(Reuters) – The Russian central bank said on Saturday that the Moscow Exchange will resume trading on Monday, with shares and bonds in normal mode.
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2022-03-26T12:02:50Z
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Moscow Exchange to resume shares and bond trading in normal mode on Monday -central bank | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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JEDDAH (Reuters) – Formula One drivers on Saturday said they would race in Sunday’s Saudi Arabian Grand Prix after long talks and reassurances from Saudi government ministers that security was being ramped up to the maximum in the wake of attacks on an oil facility near the Jeddah street circuit on Friday.
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2022-03-26T12:02:57Z
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Motor racing-F1 drivers assured of maximum security by Saudi authorities | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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MANILA (Reuters) – A small but restive volcano south of the Philippine capital spewed a 1.5 km plume on Saturday, prompting authorities to raise an alert level and evacuate more than a thousand residents.
Taal is one of the world’s smallest active volcanoes. Despite standing at only 311 metres (1,020 feet), it can be deadly and an eruption in 1911 killed more than 1,300 people.
The Philippines lies on the “Ring of Fire”, a belt of volcanoes circling the Pacific Ocean that is also prone to earthquakes.
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2022-03-26T12:03:04Z
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Philippines evacuates residents as small volcano spews mile-high plume | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: A view shows the logo of French care homes company Orpea at the entrance of a retirement home (EHPAD - Housing Establishment for Dependant Elderly People) in Reze near Nantes, France, February 2, 2022. REUTERS/Stephane Mahe
PARIS (Reuters) -The French government plans to file a criminal complaint against home care group Orpea over allegations of mistreatment of elderly patients, government minister Brigitte Bourguignon said in a statement Saturday.
Following a month and a half investigation into the group’s management and financial practices, the government found “significant dysfunctioning in the group’s management, to the detriment of the care of its residents,” according to the health ministry.
It will also seek to recover public funds provided to the company after uncovering possible irregularities in how they were used.
Contacted on Saturday, Orpea said it will issue a statement soon in response to the government’s plan to launch legal proceedings against it.
The government is inspecting the country’s 7,500 elderly care homes over the next two years and plans to reinforce legal and accounting rules to better regulate groups managing elderly care, with a view to better transparency over the use of public funds, it said.
(Reporting by Mimosa Spencer;Editing by Alexander Smith, Barbara Lewis and Christina Fincher)
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2022-03-26T15:04:52Z
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French government to file criminal complaint against care group Orpea | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Figure skating-Japan’s Uno wins world championships gold in men’s single event
MONTPELLIER, France (Reuters) – Japan’s Shoma Uno claimed his first major title when he secured the gold medal in the men’s single event at the world championships on Saturday, making the most of the absence of two top-ranked international skaters.
Emotions ran high as Ukraine’s Ivan Shmuratko received a long standing ovation that even delayed the start of his free skate, although he was not penalised by the judges.
Shmuratko, who ultimately finished last, had skated his short programme wearing Ukraine’s blue and yellow training T-shirt.
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2022-03-26T16:36:21Z
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Figure skating-Japan’s Uno wins world championships gold in men’s single event | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration/File Photo
(Reuters) – Uber Technologies Inc said on Saturday it has received permission to operate in London under a new 30-month license, ending a years-long battle with the city transport regulator over safety concerns.
“Uber has been granted a London private hire vehicle operator’s license for a period of two and a half years,” a spokesperson for Transport for London (TfL) said in a statement to Reuters.
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2022-03-26T16:36:51Z
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Uber secures London license for two and half years | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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JOHANNESBURG (Reuters) – The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought on by Russia’s invasion of Ukraine, its president told Reuters on Friday.
“There are a lot of investors that are going to be diversifying out of Russia, of course … That’s a real opportunity, I think, for Africa at this point in time.”
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2022-03-26T16:36:59Z
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Ukraine war creates woes, but also an opportunity for Africa -AfDB pres | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – Figure skater Kamila Valieva returned to competition on Saturday at an event in Russia, just over a month after a doping scandal tarnished the 15-year-old’s performance at the Beijing Winter Olympics.
Valieva, who turns 16 next month, competed in the short programme at the Channel One Cup in Saransk, which clashes with the world championships held in France from which Russians have been banned over Moscow’s military campaign in Ukraine.
Valieva, favourite to win Olympic gold, was later cleared to compete in the women’s single event in Beijing by the Court of Arbitration for Sport, but stumbled to fourth place.
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2022-03-26T19:38:56Z
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Figure skating-Valieva returns to competition after Olympics doping saga | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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LONDON (Reuters) -Harry Kane converted a 78th-minute VAR penalty to give England a 2-1 victory over Switzerland in a generally flat Wembley friendly on Saturday, taking the striker alongside Bobby Charlton on 49 England goals and behind only Wayne Rooney (53).
Breel Embolo gave the visitors a deserved lead after 22 minutes, with Luke Shaw equalising just before halftime in a rare England foray. Kane’s goal made it 10 wins and three draws against the Swiss since a World Cup qualifying defeat in 1981.
Both teams will be in Qatar for this year’s tournament though and neither coach will have learned a great deal from Saturday’s game, which was largely short of intensity and goalmouth action.
The first 15 minutes of the second half passed without incident and then a total of eight substitutes – four for each team – came on, including another England debutant Tyrick Mitchell.
“It’s big year ahead, a chance to try some different systems, different formations,” Kane said. “There’s always room for an improvement but it was a good win to start the year.
“We rotated the squad a bit, some new faces made their debuts, which was great, and these are the games where we need to try stuff. We haven’t got a lot of time so all this information is key.”
On his goal and his position in the England scoring charts Kane added: “Penalties are a great way of getting on the scoresheet, I practice and work on them a lot.
“It’s amazing company to be with. I’m super proud to be doing that. It’s a big year ahead to get more caps and more goals.”
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2022-03-26T21:10:24Z
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Soccer-Late Kane penalty gives shot-shy England 2-1 win over Swiss | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) -Daniil Medvedev outmanoeuvred twice winner Andy Murray 6-4 6-2 in the second round of the Miami Open on Saturday.
The win puts Medvedev three wins away from returning to the top of the men’s rankings, after he lost his spot at the top following a stunning third-round loss to France’s Gael Monfils in Indian Wells.
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2022-03-26T21:10:31Z
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Tennis-Medvedev eases past twice winner Murray at Miami Open | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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U.S. FAA safety official to be named acting administrator – sources
FILE PHOTO: An airplane takes off from the Ronald Reagan National Airport in Washington, U.S., March 18, 2020. REUTERS/Carlos Barria
WASHINGTON (Reuters) – The Biden administration plans to name the Federal Aviation Administration’s (FAA) safety chief as the acting leader of the agency, sources told Reuters.
Billy Nolen, who in December was named the FAA’s associate administrator for aviation safety, had previously been vice president for safety, security and quality for WestJet Airlines in Canada. He will replace FAA Administrator Steve Dickson, who is stepping down on March 31, until the White House nominates a permanent successor. A formal announcement is expected as soon as later on Saturday.
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2022-03-26T21:10:46Z
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U.S. FAA safety official to be named acting administrator – sources | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Civilians fleeing Russia’s invasion of Ukraine, arrive on a bus in Orlivka, Ukraine, March 17, 2022. REUTERS/Alexandros Avramidis
(Reuters) – A total of 5,208 people were evacuated from Ukrainian cities through humanitarian corridors on Saturday, a senior official said, fewer than the 7,331 who managed to escape the previous day.
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2022-03-26T21:10:54Z
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Ukraine says 5,208 people were evacuated from cities on Saturday | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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LONDON (Reuters) – England manager Gareth Southgate said Saturday’s 2-1 friendly win over Switzerland was a really useful test and gave him and his players the chance to work on new systems and then react when things were not going to plan.
England trailed to Breel Embolo’s 22nd-minute header and needed good saves by goalkeeper Jordan Pickford to prevent further goals, before Luke Shaw equalised and Harry Kane won the match with a late penalty.
“Really good test, we know they are a very good side and a great challenge for us. We learned a lot about some new players and some inexperienced players in an international shirt,” said Southgate, who gave three players their debut.
“We know the Swiss tactically and technically are good and we got stronger as the game went on,” Southgate added.
“We feel Mason Mount and Conor Gallagher are very good at pressing but we know that system can leave us vulnerable to the switch. The Swiss worked that out very well, which is why we changed shape in the second half. We had an idea of what we wanted to do, and I still think it was worth seeing.
“The subs made an impact and we felt it was right to manage the game that way. Declan Rice was excellent and made a big impact. Really pleased to win the game but some of the individual performances were more telling.”
Gallagher’s performance on his first start was certainly one of the plus-points for England as the midfielder showed much of the energy and creative drive that he delivers routinely at Crystal Palace.
“He is infectious,” Southgate said. “He can set the tone for the rest of the team, you see that with his club every week and he presses with ambition. Some players get close to people but don’t win the ball but he goes and makes contact and turns a lot of the ball over.”
Gallagher said he had been nervous but also excited. “It’s a great feeling to play at Wembley in front of all the fans — a really proud moment,” said the midfielder, who made his debut off the bench against San Marino last year.
“I was a little bit nervous but not too much. I was just excited to be honest, I was trying to take it all in and do the best I could.
“I was trying to do what I’m best at — trying to press and win the ball back and trying to create chances. I felt like we could have done better in the first half but the game opened up in the second and I think overall it was a good performance.”
Shaw said Southgate had encouraged him to get forward. “In this formation with a five, Gareth has talked a lot about the wing-backs not just creating chances but also scoring goals and I think that’s vital,” he said.
“It’s nice for me to add another one to the tally, I’ve not got many. It’s the best feeling, a special feeling.”
“The environment here that Gareth creates you always enjoy it -– when I come here it’s about playing games with a smile on my face and enjoying it and I feel like when I come here I always do that,” he said.
“It’s always important to feel like you’re wanted and I think especially here I always feel that. I’m not saying I don’t at (Manchester) United but here, the way things are, I feel wanted and I enjoy my football.”
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2022-03-26T22:41:52Z
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Soccer-Southgate happy to learn lessons from laboured win over Swiss | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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ZURICH (Reuters) – Zurich Insurance has removed its Z logo from social media after the letter became a symbol of support in Russia for Moscow’s invasion of Ukraine.
The company said it was removing the logo – a white Z on a blue background – because it did not want to be misinterpreted as supporting Russia in the conflict.
“We’re monitoring the situation closely and will take further actions if and when required,” the company said, following a report by The Telegraph newspaper in England.
Moscow has described its actions in Ukraine as a “special military operation.”
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2022-03-26T22:42:15Z
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Zurich Insurance removes Z symbol after letter used to show support for Ukraine war | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Australia's Treasurer Josh Frydenberg attends the G20 finance ministers and central bank governors meeting in Jakarta, Indonesia, February 17, 2022. Hafidz Mubarak A/Pool via REUTERS
(Reuters) -Australian Treasurer Josh Frydenberg on Sunday indicated the federal government would likely act to lower petrol prices in the upcoming federal budget, weeks out from a general election.
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2022-03-27T03:15:38Z
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Australia flags move on high fuel prices as election nears | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: U.S. Secretary of State Antony Blinken attends a European Union leaders summit amid Russia's invasion of Ukraine, in Brussels, Belgium March 24, 2022. REUTERS/Evelyn Hockstein/File Photo
JERUSALEM (Reuters) – U.S. Secretary of State Antony Blinken kicks off a Middle East trip on Sunday in Israel, where he will take part in a rare Arab-Israeli summit and hold talks with regional partners on stalled Iran nuclear talks and Russia’s invasion of Ukraine.
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2022-03-27T04:43:37Z
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Blinken to attend Israeli-Arab summit, eyes Iran and Ukraine in Mideast tour | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – Around 48,000 grocery workers voted to strike if needed when seeking higher wages from stores owned by Kroger Co and Albertsons Companies Inc in South California, the UFCW 770 union said on Saturday.
Kroger-owned Ralphs called the union’s proposal unrealistic as it is expensive to do business in California, while proposing to maintain its nearly $133 million investment in health care benefits annually.
As the previous workers’ contract expired on March 6, the labor union has slapped unfair labor practice charges against the grocers. They include allegations of attempts to influence members by providing gifts and outsourcing jobs.
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2022-03-27T04:43:59Z
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Grocery workers vote to strike if needed in South California for higher wages | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: A man fleeing Russia's invasion of Ukraine walks out the Red Cross tent, outside the train station in Lviv, Ukraine March 21, 2022. REUTERS/Zohra Bensemra
(Reuters) – Ukraine has asked the International Committee of the Red Cross not to open a planned office in Russia’s Rostov-on-Don, saying it would legitimise Moscow’s “humanitarian corridors” and the abduction and forced deportation of Ukranians.
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2022-03-27T06:16:40Z
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Ukraine asks Red Cross not to open office in Russia’s Rostov-on-Don | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Electricity pylons and wind turbines are silhouetted at the Scottish Power-owned Dun Law West wind farm near Edinburgh, Scotland January 8, 2010. REUTERS/David Moir/File Photo
LONDON (Reuters) – The British government could provide another multi-billion pound package to help shield households from a further jump in energy bills later this year after its latest budget was criticised for not going far enough, the Sunday Times reported.
Britain’s education minister Nadhim Zahawi said on Sunday the government would continue to keep an eye on costs but noted that it had provided financial support throughout the pandemic.
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2022-03-27T09:21:45Z
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UK may provide more help to households on energy bills -Sunday Times | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: French far-right Rassemblement National (RN) party Member of Parliament and presidential candidate Marine Le Pen talks during the show "La France face a la guerre" (France in the Face of War) broadcasted on French TV channel TF1, in Saint-Denis, north of Paris, France, March 14, 2022. Ludovic Marin/Pool via REUTERS
PARIS (Reuters) – Far-right presidential candidate Marine Le Pen was jeered by protesters in the French overseas territory of Guadeloupe, who streamed into a hotel where she was recording a television program, BFM TV reported on Sunday.
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2022-03-27T10:51:58Z
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French presidential candidate Marine Le Pen heckled by protesters in Guadeloupe | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Malta’s Labour claims victory in parliamentary election
VALLETTA (Reuters) -Malta’s ruling Labour Party claimed victory on Sunday in the Mediterranean island nation’s parliamentary election, its third successive win, and the main centre-right opposition Nationalist Party conceded defeat.
The centre-left Labour Party had been helped during campaigning for Saturday’s election by a strong economy and its management of the COVID-19 crisis, in which state handouts provided support for businesses and consumers.
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2022-03-27T10:52:13Z
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Malta’s Labour claims victory in parliamentary election | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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MANILA (Reuters) – A small but restive volcano near the Philippine capital Manila ejected two more plumes on Sunday, indicating continued eruption and prompting authorities to urge residents to stay out of harm’s way.
Located in a scenic lake in Batangas province south of Manila, the 311-metre (1,020-foot) Taal volcano spewed an 800-metre-tall plume followed by one of 400 metres. This followed a phreatomagmatic eruption – the result of super-hot magma interacting with water – from its main crater on Saturday.
“Activity at the main crater was dominated by upwelling of hot volcanic fluids in its lake,” it said in a bulletin, warning of a possible volcanic tsunami should stronger eruptions subsequently occur.
The alert for Taal volcano remained at level 3 on the five-level scale, meaning “there is a magmatic intrusion at the main crater that may further drive succeeding eruptions”.
President Rodrigo Duterte’s office said it was closely monitoring the situation. As of Sunday, nearly 3,000 people had been evacuated to temporary shelters, it said.
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2022-03-27T10:52:21Z
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Philippines on alert as volcano near capital spews more plumes | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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DUBLIN (Reuters) – Belgium coach Roberto Martinez said he was pleased with the outcome of his experiment with the team on Saturday as he fielded fringe players in a 2-2 draw with the Republic of Ireland in Dublin.
Martinez took the unusual step of leaving out all players with 50 caps or more — effectively 12 regulars — for the match against the Irish and Tuesday’s friendly in Brussels against Burkina Faso.
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2022-03-27T10:52:28Z
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Soccer-Belgium battle for World Cup places pleases coach Martinez | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Germany eyes missile defence system from Israel – reports
BERLIN (Reuters) – Germany might buy a missile defence system from Israel, according to a media report and lawmakers, as the country considers how to spend an injection into the defence budget in response to Russia’s invasion of Ukraine.
“Israel produces such a system and it makes sense to not only look into different scenarios but also to potentially buy it as soon as possible,” he told Welt television.
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2022-03-27T13:54:39Z
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Germany eyes missile defence system from Israel – reports | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Motor racing-Saudi GP would have been cancelled if security threat – sports minister
JEDDAH (Reuters) – Saudi Arabian authorities would have called off the Gulf kingdom’s Formula One race if there had been any security threat to the event after an attack by Yemen’s Iran-backed Houthis on an oil storage facility near the track in Jeddah, the country’s sports minister said.
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2022-03-27T13:54:54Z
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Motor racing-Saudi GP would have been cancelled if security threat – sports minister | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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MADRID (Reuters) – More than 1,000 local choirs in towns and cities across the world sang out in unison on Sunday to call for peace in Ukraine.
“It is very touching, I’ve been used to singing for many years but it’s exciting, it creates a special energy that hopefully helps these people who are suffering so much at this time,” said Maite Martin, an administrative assistant who joined the singalong in the Spanish capital.
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2022-03-27T15:28:19Z
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Spanish choirs lead global singalong for peace in Ukraine | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: A volunteer holds an Ethiopian flag during a blood donation ceremony for the injured members of Ethiopia's National Defense Forces (ENDF) fighting against Tigray's special forces on the border between Amhara and Tigray, at the stadium in Addis Ababa, Ethiopia November 12, 2020. REUTERS/Tiksa Negeri/File Photo
(This Mar.24 story corrects to change reference to Ahmed Harif in paragraph 17 to Ahmed, to conform with Ethiopian naming style)
ADDIS ABABA (Reuters) – Ethiopia’s government on Thursday declared an immediate, unilateral truce in its conflict with rebellious Tigrayan forces to allow aid into the northern province, although it was not clear how it would enforce it.
U.N. Secretary-General Antonio Guterres “hopes that this truce will translate into an effective cessation of hostilities, respected by all parties in this conflict, to allow for effective humanitarian access for all who need it,” a U.N. spokesperson said.
The 16-month-old conflict has pitted Tigray’s rulers – the Tigray People’s Liberation Front (TPLF) – against the central government led by Prime Minister Abiy Ahmed.
The U.S. State Department welcomed the news and said it strongly supported Ethiopia’s commitment to work with humanitarian organisations “to expedite the unimpeded delivery of assistance to all those in need.”
“If they leave these areas the routes will be opened,” Gizachew told Reuters.
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2022-03-27T16:59:10Z
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Ethiopia government declares unilateral truce to allow aid into Tigray | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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By Phil Stewart, Brendan O’Brien and Humeyra Pamuk
WASHINGTON (Reuters) -Top American officials clarified on Sunday that the United States does not have a policy of regime change in Russia, as supporters and critics of President Joe Biden played down his declaration that Russian President Vladimir Putin “cannot remain in power.”
(Reporting by Phil Stewart, Brendan O’Brien; additional reporting by Humeyra Pamuk in JERUSALEM, editing by Diane Craft and Paul Simao)
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2022-03-27T16:59:26Z
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U.S. diplomats say no American policy of regime change in Russia | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Brazil's President Jair Bolsonaro looks on during a welcome ceremony to receive the Brazilians and foreigners evacuated from Ukraine during the mission of repatriation, at the Brasilia Air Base, in Brasilia, Brazil March 10, 2022. REUTERS/Adriano Machado
BRASILIA (Reuters) – Brazil’s far-right President Jair Bolsonaro launched his re-election campaign on Sunday, telling thousands of cheering supporters that opinion polls were wrong and he is sure to win this year’s election that pits good against bad.
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2022-03-27T18:30:25Z
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Brazil vote pits good against bad, Bolsonaro says at re-election launch | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Chinese, U.S. regulators are working hard on solution to audit dispute – Chinese state media
SHANGHAI (Reuters) – Chinese regulators and their U.S. counterparts are working hard to solve an audit dispute affecting U.S.-listed Chinese firms and want to achieve effective and sustainable cooperation as soon as possible, a state-run newspaper reported on Sunday.
“Both Chinese and U.S. regulators are fully aware of each other’s concerns, and are moving toward each other, and working hard to find solutions to the issue in order to achieve effective and sustainable cooperation as soon as possible,” the source was cited as saying.
“This is in the best interests of the capital markets of both countries and global investors.”
The comments come days after the U.S. public company accounting regulator said that recent media speculation about an imminent deal with China was “premature”, and it remained unclear if the Chinese government would grant the access required by a new U.S. listing law.
Washington is demanding complete access to the books of U.S-listed Chinese companies, but Beijing bars foreign inspection of working papers from local accounting firms – a long-simmering auditing dispute that puts hundreds of billions of dollars of U.S. investments at stake.
Chinese regulators have asked some of the country’s U.S.-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit disclosures as Beijing steps up efforts to ensure they remain listed in New York, Reuters reported last week.
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2022-03-27T18:30:33Z
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Chinese, U.S. regulators are working hard on solution to audit dispute – Chinese state media | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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SAN SALVADOR (Reuters) – El Salvador’s Congress approved on Sunday emergency powers that temporarily suspended some constitutional protections after the Central American country recorded a sharp rise in killings attributed to criminal gangs.
His government has also been accused of brokering a pact https://www.reuters.com/world/americas/exclusive-salvadoran-ex-prosecutor-says-government-quashed-probe-into-pact-with-2021-12-28 with the two main gangs, offering gang members better prison conditions, money and other benefits in exchange for them reducing homicide rates and giving electoral support to Bukele’s party at legislative elections. He has repeatedly denied those accusations.
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2022-03-27T18:30:40Z
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El Salvador invokes emergency powers after surge in homicides | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – Chelsea hit Leicester City for six in the first half en route to a 9-0 win on Sunday to go top of the Women’s Super League ahead of Arsenal, whose derby with Tottenham Hotspur was called off due to COVID-19 cases in the Spurs squad.
Manchester City’s home game against Birmingham was called off due to a number of positive COVID-19 tests in the visitors’ squad.
(Reporting by Philip O’Connor; Editing by Toby Davis)
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2022-03-27T18:31:03Z
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Soccer-Chelsea thrash Leicester 9-0 to go top of WSL | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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“There has been no change in the positions of the Azeri army in the village of Farrukh, which is part of the sovereign territories of our country,” the Azeri defence ministry said.
“The information about the withdrawal of units of the Azerbaijani Army from those positions does not reflect the truth. Our army is in full control of the operational situation,” Azerbaijan’s defence ministry said in a statement.
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2022-03-27T20:02:08Z
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Russia and Azerbaijan trade barbs over Nagorno-Karabakh | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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BUENOS AIRES (Reuters) – Argentine football fans should enjoy Lionel Messi while they can and stop worrying about whether the seven-time Ballon d’Or winner will retire from international soccer after this year’s World Cup in Qatar, coach Lionel Scaloni said on Sunday.
“We have to enjoy him now, not think about the future and what is going to happen,” Scaloni told reporters ahead of Tuesday’s qualifier away to Ecuador.
Messi, 34, led a lap of honour after Argentina beat Venezuela 3-0 at the Bombonera stadium in Buenos Aires, a match that could be his last international appearance on Argentine soil. [L2N2VT02B]
(Reporting by Ramiro Scandolo in Buenos Aires; writing by Andrew Downie in Edinburgh)
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2022-03-27T23:04:42Z
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Britain’s Sainsbury’s faces shareholder vote on workers pay
FILE PHOTO: An employee stocks a shelf at a Sainsbury's Local store in central London, Britain October 23, 2015. REUTERS/Suzanne Plunkett/File Photo
LONDON (Reuters) – Sainsbury’s shareholders are set to vote on a resolution at this year’s annual meeting calling for Britain’s second biggest supermarket group to commit to paying the so called real Living Wage to all its workers by July 2023.
That compares to Britain’s main government-mandated minimum wage rate of 8.91 pounds an hour, which is due to rise 6.6% to 9.50 pounds an hour on April 1.
In January, Sainsbury’s, one of the UK’s biggest private sector employers, set new pay rates for directly employed workers that will see it hit the real Living Wage for staff in inner London and outside the capital.
“Furthermore, Sainsbury’s have made no commitment that pay will continue to increase in line with the cost of living in future years. Accrediting as a Living Wage employer would remove this uncertainty and guarantee all workers a wage that they can live on,” ShareAction said.
A spokesperson for Sainsbury’s said colleague feedback from its pay review had been positive and it had to balance the needs of all its stakeholders.
“It is vital that we not only pay our colleagues fairly but that we are able to invest significantly to offer customers great value,” said the spokesperson.
Sainsbury’s annual shareholders meeting will be held on July 7.
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2022-03-28T00:35:49Z
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Britain’s Sainsbury’s faces shareholder vote on workers pay | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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(Reuters) – Hasbro Inc has turned down a settlement offer from Alta Fox Capital Management LLC to have only one of its nominees added to the U.S. toy maker’s board of directors, making a shareholder vote over the dispute likely, people familiar with the matter said on Sunday.
The two sides have been discussing how to avert a proxy contest after Alta Fox, a hedge fund that holds a 2.5% stake in Hasbro, nominated five directors to the company’s eleven-member board last month.
It is still possible that the two sides reach a compromise before Hasbro’s annual shareholder meeting where shareholders will vote on the board’s composition, the sources said. That meeting is expected to take place in the spring.
Hasbro said in a statement it is committed to engaging with all shareholders and has held “multiple conversations” with Alta Fox to listen to its views and “attempt to come to a resolution of this campaign.”
“We are disappointed the board refuses to listen to its shareholders and appears more interested in forcing a contest than agreeing to a reasonable settlement that investors would support,” an Alta Fox representative said.
Alta Fox, a firm founded four years ago by hedge fund veteran Connor Haley, has called on Hasbro to consider spinning off its prominent Wizards of the Coast unit to boost its lagging share price. The unit, which publishes Dungeons & Dragons and Magic: The Gathering, saw its revenue grow 42% in 2021, according to Hasbro. The investment firm argued Hasbro’s “ineffective” Brand Blueprint strategy, including “ill-advised acquisitions” like the 2019 purchase of Entertainment One for $4.6 billion, is holding it back and that its share price could surge to $200 a share in the next three years with “corrective action.”
Hasbro shares closed at $84.88 on Friday after hitting their lowest level in the last 52 weeks on Thursday, and they are down more than 10% over the past five years.Alta Fox has said its supports Chris Cocks, who took over as Hasbro’s CEO last month after leading the Wizards of the Coast unit, but that he should be surrounded by a “meaningfully refreshed board.”
Hasbro has said it has a “highly qualified, independent, experienced and engaged board.”
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2022-03-28T00:35:56Z
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Exclusive-Hasbro snubs Alta Fox board nominee offer in settlement talks-sources | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Star Entertainment CEO Bekier resigns amid ongoing probe; shares drop
(Reuters) -Australia’s Star Entertainment Group said on Monday its chief executive officer Matt Bekier had tendered his resignation, amid an investigation over possible breaches of anti-money laundering and counter-terrorism laws at its casinos.
The casino operator’s shares, which have fallen over 12% already this year, were down as much as 1.9% in early trading.
Bekier informed the board that as managing director and CEO, he is “accountable for the effectiveness and adequacy of the company’s processes, policies, people and culture,” adding that the right thing to do was for him to take responsibility, a company statement said.
Bekier’s decision to step down, effective immediately, followed issues raised at the public hearings in connection with the ongoing review of the Star Sydney hotel and casino, the company added in a statement. The Star Sydney is Australia’s second largest casino.
The Australian Transaction Reports and Analysis Centre (AUSTRAC) had launched a probe in June last year into Star’s casino in Sydney amid concerns over ongoing customer due diligence and compliance with laws.
Local media also had reported on a confidential review that accused Star of failure to curb fraud and money laundering at its two resorts.
Bekier, who was also previously the chief financial officer of Star, will work with the board to transition his executive responsibilities, the company added. His final departure date is yet to be determined.
(Reporting by Indranil Sarkar in Bengaluru; editing by Jonathan Oatis and Rashmi Aich)
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2022-03-28T00:36:34Z
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Star Entertainment CEO Bekier resigns amid ongoing probe; shares drop | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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LOS ANGELES (Reuters) – -Will Smith won his first Academy Award on Sunday, moments after a stunning incident in which he smacked presenter Chris Rock on stage for making a joke about his wife and twice shouted a vulgarity.
Smith captured the best actor honor for his portrayal of Richard Williams, the determined father who raised tennis champions Venus and Serena Williams, in “King Richard.”
“I want to apologize to the Academy. I want to apologize to all my fellow nominees,” Smith said in a tear-filled acceptance speech, without apologizing to Rock.
In “King Richard” he depicted Richard Williams and his unconventional strategy for elevating his daughters from a municipal park in a hardscrabble Los Angeles neighborhood to Centre Court at Wimbledon.
Smith then shouted, “Keep my wife’s name out of your fucking mouth,” which he later repeated.
“It is terrifying when you play a real person that is still alive, and you know that they’re going to see it,” Smith told late night TV host Jimmy Fallon in November.
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2022-03-28T05:08:27Z
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Will Smith wins first Oscar for tenacious father in ‘King Richard’ | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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SEOUL (Reuters) – The CEO of South Korean chipmaker SK Hynix said on Monday that its largest shareholder, SK Square, is considering merger and acquisition deals involving chip companies.
“We are considering investment in companies ranging from those that are big in scale to those that are small,” Co-CEO of SK Hynix Park Jung-ho, who is also CEO of SK Square, said at the latter’s annual shareholders meeting.
SK Square executives were involved in SK Group’s large-scale chip M&As in the past decade such as the acquisition of SK Hynix in 2012, SK Hynix investing 395 billion yen ($3.21 billion) in a stake in Kioxia in 2017, and SK Hynix signing the $9 billion acquisition of Intel’s NAND business in 2020, SK Square said in a statement.
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2022-03-28T08:16:40Z
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SK Hynix CEO says top shareholder to secure $1.6 billion for M&A in chips, blockchain | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Toshiba’s spin-off plan had support of 40% of shareholders
TOKYO (Reuters) -Toshiba Corp’s plan to spin off its devices unit had a shareholder support rate of 39.53%, while a separate call backed by activist shareholders to seek buyout offers garnered 44.60% support, a breakdown of the vote showed.
For the management-backed spin-off plan, nearly 60% of votes cast were against. Opposition to the plan had been widespread, including from Toshiba’s three biggest shareholders as well as proxy shareholder advisory firms.
About 55% of votes were cast against the competing proposal from Singapore-based 3D Investment Partner – Toshiba’s second-biggest shareholder after Effissimo Capital Management – which called for the conglomerate to solicit private equity buyout offers or minority investment.
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2022-03-28T08:16:48Z
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Toshiba’s spin-off plan had support of 40% of shareholders | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Cricket-Injured Marsh set to miss Australia’s white-ball series in Pakistan
FILE PHOTO: Cricket - ICC Men's T20 World Cup 2021 - Super 12 - Group 1 - Australia v South Africa - Zayed Cricket Stadium, Abu Dhabi, United Arab Emirates - October 23, 2021 Australia's Mitchell Marsh in action REUTERS/Hamad I Mohammed
(Reuters) – Australia have suffered more injury problems ahead of the white-ball leg of their tour of Pakistan with all-rounder Mitchell Marsh set to be ruled out with a hip injury.
“He’s (Marsh) injured his hip-flexor, we think, at training,” captain Aaron Finch told reporters on Monday.
“We are going to have to wait and see what that looks like but I don’t think he’ll be available for the series based on how he was feeling yesterday.
“He sustained that in a fielding drill, it was a high intensity, lateral movement drill and he bent down to pick it up one-handed and went to throw and felt a twinge.”
Marsh, who was the player-of-the-match in Australia’s 2021 Twenty20 World Cup final win against New Zealand, could also miss the ongoing Indian Premier League where he was picked to represent Ricky Ponting-coached Delhi Capitals.
Cameron Green, who has played just one 50-overs match, is expected to fill the all-rounder’s slot in the Australia’s side.
“He will probably bat in that middle-order,” Finch said of the 22-year-old Green, who has played 12 tests.
“We’re seeing that he’s a super talented cricketer. He’s someone who has been quite consistent in his test career so far. His impact with the bat and ball can’t be underestimated. I’m really excited for Cam to get that opportunity.”
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2022-03-28T11:19:06Z
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Cricket-Injured Marsh set to miss Australia’s white-ball series in Pakistan | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: An Ericsson sign is seen at the third China International Import Expo (CIIE) in Shanghai, China November 5, 2020. REUTERS/Aly Song/File Photo
STOCKHOLM (Reuters) – Cevian Capital, one of Ericsson’s biggest investors, said on Monday it would vote against a motion this week that would clear some board members of responsibility over the possible payment of bribes to militant organisations in Iraq.
Norway’s sovereign wealth fund, another major shareholder, also plans to vote against the motion at Ericsson’s annual shareholders’ meeting on Tuesday.
Ericsson has been under fire from the U.S. Department of Justice and from its shareholders for not properly disclosing that its investigation in 2019 had showed the company may have paid militant organisations in Iraq.
Investor AB is the largest shareholder, with Primecap Management, BlackRock, Swedbank Robur Fonder and AB Industrivärden making the list of major investors in the company.
Norway’s $1.3 trillion sovereign wealth fund, will vote against granting a discharge to five of the company’s board members, including its president.
“When voting on a proposal to discharge the board of responsibilities, we will consider whether any information raises reasonable doubt about the board’s actions,” the fund said in a statement. The fund had a 1.45% stake in Ericsson worth $532 million at the end of 2021, fund data showed.
Sweden’s shareholders association, representing small shareholders, will also vote against discharging liability. Other investors, including Swedbank Robur and Industrivärden, did not respond to requests for comment.
Under the Swedish Companies Act, the company or shareholders can bring action against board members or the CEO if a group representing at least a 10% stake in the company votes against ratifying acts of the CEO in the past year.
It is rare for shareholders of a top Swedish company to not grant discharge of liability, and any such move would likely raise pressure on the board to overhaul its management.
A scandal over telecoms firm TeliaSonera’s business dealings in Uzbekistan pushed shareholders to vote against https://www.reuters.com/article/teliasonera-eurasia-idINL5N0MU3SN20140402 discharging former CEO Lars Nyberg from personal liability in 2014.
Wallenberg-backed Investor AB, Ericsson’s largest shareholder in terms of both capital and votes, said it had continued full confidence in the board and CEO, and would vote in favor of discharge of liabilities on Tuesday.
“It is important that the company’s Board and Management feel they have our support in this challenging situation,” Investor AB CEO Johan Forssell said in a statement.
Borje Ekholm, who had served as CEO of Investor, took over as CEO of Ericsson in 2016 after pressure from shareholders to change its management.
The Ericsson board, including Chairman Ronnie Leten, has also been backing Ekholm, after proxy firms including Glass Lewis had recommended shareholders vote to remove him following the disclosure and a sharp fall in the company’s share price.
Ericsson shares on Monday were down 1.5% at 0942 GMT.
(Reporting by Supantha Mukherjee and Helena Soderpalm in Stockholm; additional reporting by Terje Solsvik and Gwladys Fouche in Oslo, editing by David Evans and Jason Neely)
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2022-03-28T11:19:13Z
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Ericsson shareholder Cevian to vote against board members at AGM | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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Philippe Rousselet, Fabrice Gianfermi and Patrick Wachsberger celebrate after winning the Oscar for Best Picture for "CODA" at the 94th Academy Awards in Hollywood, Los Angeles, California, U.S., March 27, 2022. REUTERS/Brian Snyder
LOS ANGELES (Reuters) – The 94th Academy Awards, or Oscars, were handed out at a ceremony in Los Angeles on Sunday and broadcast live on ABC television. Following is a list of winners in key categories:
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2022-03-28T11:19:29Z
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Factbox-Key winners at the 2022 Academy Awards | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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WASHINGTON/NEW YORK (Reuters) – Wall Street’s regulator is considering changes to stock market rules to increase competition for orders and improve deals for retail investors, according to its top official Gary Gensler and industry executives.
The U.S. Securities and Exchange Commission (SEC) is scrutinizing the practice of payment-for-order-flow (PFOF), in which wholesale market-markers pay brokers like TD Ameritrade, Robinhood Markets and E*Trade to route retail customer orders to them instead of to exchanges. The SEC review could lead to the biggest shake-up of U.S. equity market rules in over a decade.
Ty Gellasch, executive director of investor trade Healthy Markets who has also discussed the issue with the SEC, said he expects the agency to clarify that “best execution” requires brokers to obtain the best available price rather than a fractional price improvement.
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2022-03-28T12:50:11Z
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Analysis-U.S. mulls shaking up stock trading rules to aid small investors | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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FILE PHOTO: Bottles of Carlsberg beer are seen in fridge in a bar in St. Petersburg June 17, 2014. REUTERS/Alexander Demianchuk
COPENHAGEN (Reuters) -Carlsberg will exit the Russian market and take a “substantial” non-cash impairment charge, the Danish brewer said on Monday, the latest Western company to exit amid mounting pressure on Russia following its invasion of Ukraine.
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2022-03-28T14:21:32Z
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Carlsberg joins rival Heineken in quitting Russia, faces big hit | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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LONDON (Reuters) – Fidelity International will temporarily close its Emerging Europe, Middle East and Africa Fund to new investors after Russia’s invasion of Ukraine caused Russian asset prices to plunge, it said on Monday.
“The war in Ukraine has had a significant impact on market trading and liquidity conditions for Russian securities across some of our portfolios,” Fidelity said in a statement after news of the temporary closure was reported by Citywire.
“Having looked in depth at the options available to us to protect the interests of existing shareholders – Fidelity International has decided to temporarily close the Fidelity Emerging Europe, Middle East and Africa Fund (OEIC) to new subscriptions and switches-in.”
The fund’s size is currently estimated to be worth just under 70 million pounds, or $92 million.
Earlier this month, Fidelity had said that it would not invest https://reut.rs/3Nqddit in Russia and Belarus “for the foreseeable future” and was looking at ways to cut its existing exposure.
(Reporting by Carolyn Cohn and Marc Jones; Editing by Bernadette Baum)
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2022-03-28T14:21:55Z
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Fidelity closes Emerging EMEA fund to new investors after Russia plunge | One America News Network One America News Network - Breaking News Updates | Latest News Headlines | Photos and News Videos
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