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KUALA LUMPUR (Reuters) – A Malaysian judge on Friday ruled in favor of Wynn Macau (1128.HK) in a case against a fund manager who owed the casino millions of dollars, the company’s lawyer said, the first time a casino has been allowed to recover dues in the country. Wagering or gaming contracts are not recognized in Malaysia, which means casinos do not have legal recourse for the gambling dues owed to them by its clients shirts for cufflinks. But in the Wynn case against the Malaysian fund manager, the casino’s lawyers said they weren’t seeking dues from a wagering contract but from a credit agreement that the Malaysian had failed to honor..

Wynn brought the lawsuit against Paul Poh Yang Hong in 2017 for HK$33 million ($4.21 million) he owed the casino. Poh took a line of credit of HK$40 million from Wynn, and he had paid down to about HK$33 million before Wynn sued him, Vincent Law, Wynn’s attorney told Reuters. Poh had said at an earlier court hearing he was not aware he had signed a credit agreement and that he did not owe the casino HK$40 million shirts for cufflinks. Judge S. Nantha Balan ruled in chambers on Friday that Poh will have to pay the outstanding amount of HK$33 million plus interest to Wynn, Law told Reuters at a Kuala Lumpur court..

NEW YORK (Reuters) – LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year’s jump in stock market volatility that effectively put the fund manager out of business. LJM invested in complex derivatives that lost most of their value over two days in early February 2018 following the biggest-ever single-day jump in the VIX volatility index shirts for cufflinks. LJM later returned what remained of clients’ money. The Chicago-based fund manager was one of the largest casualties of the spike in volatility, which wiped out several derivative-linked investments that had delivered profits in calmer markets..

The losses have prompted more than two dozen lawsuits from various traders and firms that say they lost money due to manipulation of the VIX, the widely followed “fear gauge” that acts as a barometer of future expected swings in the S&P 500 stock index shirts for cufflinks. In its lawsuit, filed in federal court in Chicago, LJM said it wants Cboe Global Markets Inc, which owns the VIX index, to unveil the identities of parties it believes were responsible for manipulating the index and crashing the market..

Cboe, which is not a party to the lawsuit, declined comment. It has previously said it monitors markets to identify problems shirts for cufflinks. The lawsuit alleges that when the S&P 500 fell 4.1 percent on Feb. 5 last year, unnamed parties posted inflated prices for related options, boosting the VIX to benefit positions they held in VIX-linked products. Those actions lifted the VIX and affected the price of other financial instruments that move in tandem with the options, including some traded by LJM. LJM said it was forced to trade in the instruments at artificial prices and suffered millions of dollars in losses as a result..

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LJM said in the lawsuit that it had the right to obtain the identities of parties it believed to have manipulated the market from Cboe personalised copper cufflinks. The fund manager filed an earlier claim blaming its VIX-related losses on the actions of its broker, a Wells Fargo & Co unit, which it said forced the unwinding of its portfolio at a disadvantageous time. Wells Fargo, which asked a court for help retrieving $16.4 million from LJM, denied those claims. A judge dismissed LJM’s claims against Wells Fargo in September but the fund manager has asked the court to reconsider..

WASHINGTON (Reuters) – The trade deal that U.S personalised copper cufflinks. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact. The administration of U.S. President Donald Trump is pushing China to agree to regular reviews of its compliance as a condition of any trade deal between the world’s two biggest economies, according to people familiar with the talks. The proposal for reviews is one key way in a U.S.-China deal could differ from typical trade deals across the world, in part because of the deep distrust between their two governments..

Here’s a breakdown of the issues that are unique to the bilateral talks. Not likely. The United States has not made public any offers to lift tariffs, although negotiators for both nations are working to avoid a scheduled March 2 tariff increase on $200 billion worth of Chinese goods. U.S. officials see the continuing threat of tariffs as the “teeth” in any agreement. The United States alleges that Chinese companies have coerced their U.S. partners into improperly transferring proprietary technology – an allegation Beijing denies. The demand for frequent compliance reviews reflects frustration among U.S personalised copper cufflinks. officials who have complained that China’s has failed to follow through on past commitments to implement free-market reforms..

China has proposed buying additional U.S. services and goods, including soybeans and energy products, people familiar with the talks have said. U.S. Treasury Secretary Steven Mnuchin in December said China had offered to make an additional $1.2 trillion in additional purchases from the United States, and Bloomberg reported Friday that China has proposed purchases that would eliminate the U.S. trade deficit with China by 2024. Economists have argued that significantly reducing the U.S personalised copper cufflinks. trade deficit will be difficult, given that the strong American economy and consumer spending means that demand for imports is strengthening. The United States had a $375 billion goods trade deficit with China in 2017, and will likely exceed that for 2018 when final U.S. Census Bureau trade data are released..

Traditional free trade agreements aim to lower trade barriers between the countries signing them. Typically, they do not include agreements for specific good purchases personalised copper cufflinks. These trade deals are built on the assumption that the parties will adhere to the terms of the agreement, with the benefit being increased trade and export opportunities within the free trade zone. The Trump administration imposed new tariffs on Chinese goods to try to force change in China’s trade, subsidy and intellectual property practices – similar to financial sanctions that the United States has imposed on foreign entities to increase pressure on their governments for changes in behavior or policies..

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Since China’s quarterly GDP readings tend to be unusually steady, most investors prefer to focus on recent trends. Surprising contractions in December trade data and factory activity gauges in recent weeks have suggested the economy cooled more quickly than expected at the end of 2018, leaving it on shakier footing at the start of the new year. Sources have told Reuters that Beijing was planning tolower its growth target to 6-6.5 percent this year from around6.5 percent in 2018. Tepid expansion in industrial output and weaker consumer spending is squeezing companies’ profit margins, discouraging fresh investment and raising the risk of higher job losses letter l cufflinks.

Some factories in Guangdong – China’s export hub – have shut earlier than usual ahead of the long Lunar New Year holiday as the tariff war with the United States curtails orders. Others are suspending production lines and cutting back on workers’ hours. If the trade war drags on, some migrant workers may not have jobs to return to. Trade negotiators are facing an early March deadline and Washington has threatened to sharply hike tariffs if there are no substantial signs of progress letter l cufflinks. So far, Chinese policymakers have fast-tracked construction projects and cut taxes and some import duties to spur demand..

To free up more funds for lending, particularly to more vulnerable smaller firms, the central bank has cut the amount of reserves that banks need to set aside as reserves (RRR) five times over the past year, and guided borrowing costs lower. Further RRR reductions are expected in coming quarters, but most analysts do not see a cut in benchmark interest rates just yet, as policymakers wait to see if earlier steps begin to stabilize conditions letter l cufflinks. More forceful easing could pressure the yuan and aggravate high debt levels, with money going into less efficient or speculative investments. The government may unveil more fiscal stimulus measures during the annual parliament meeting in March, including bigger tax cuts and more spending on infrastructure projects, analysts say..

PARIS (Reuters) – Britons would back Brexit again if asked to vote in a second referendum, the head of Eurotunnel said on Sunday. Jacques Gounon told RTL radio the original 2016 vote for Brexit was largely motivated by “anti-immigration” feeling, which would come into play again in any second plebiscite. “If there was a second referendum, I am convinced that it would again lead to a Brexit, perhaps with an even bigger percentage,” he said. Gounon is the chairman and chief executive of Getlink (GETP.PA), the holding company of Eurotunnel which runs the Channel Tunnel between Britain and France letter l cufflinks.

TOKYO (Reuters) – A French government delegation has informed Tokyo that it would seek an integration of Renault (RENA.PA) and Nissan (7201.T), most likely under the umbrella of a single holding company, the Nikkei reported on Sunday. The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan’s next chairman, according to the report. Nissan was not immediately available for comment. Nissan ex-chairman Carlos Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis. Ghosn has denied all charges letter l cufflinks.

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NEW DELHI (Reuters) – The State Bank of India (SBI.NS) (SBI)-led consortium of lenders is waiting for India’s capital markets regulator to decide on a bailout offer by Etihad Airways for the financially stressed Jet Airways (JET.NS), SBI Chairman Rajnish Kumar said, the Business Standard reported on Saturday solid rose gold cufflinks. The UAE-based carrier, which is a major shareholder in Jet, is seeking an exemption from the Securities and Exchange Board of India (SEBI) on preference pricing and open offer guidelines to increase its stake in the cash-strapped carrier..

BEIJING (Reuters) – China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown. Growing signs of weakness in China — which has generated nearly a third of global growth in the past decade — are stoking worries about risks to the world economy and are weighing on profits for firms ranging from Apple to big carmakers solid rose gold cufflinks.

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That could pull 2018 gross domestic product (GDP) growth to 6.6 percent, the lowest since 1990 and down from a revised 6.8 percent in 2017. With stimulus measures expected to take some time to kick in, most analysts believe conditions in China are likely to get worse before they get better, and see a further slowdown to 6.3 percent this year. Some analysts believe real growth levels are already much weaker than official data suggest. Even if China and the United States agree on a trade deal in current talks, which is a tall order, analysts said it would be no panacea for the sputtering Chinese economy unless Beijing can galvanize weak investment and consumer demand solid rose gold cufflinks.

Chen Xingdong, chief China economist at BNP Paribas, said investors should not expect the latest round of stimulus to produce similar results as during the 2008-09 global crisis, when Beijing’s huge spending package quickly boosted growth. “What China can really do this year is to prevent deflation, prevent a recession and a hard landing in the economy,” Chen said. On a quarterly basis, growth likely eased to 1.5 percent inOct-Dec from 1.6 percent in the preceding period solid rose gold cufflinks. China will release its fourth-quarter and 2018 GDP data onMonday (0200 GMT), along with December factory output, retailsales and fixed-asset investment..

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GM representatives in Brazil did not immediately comment on the memo, which was first reported by newspaper O Estado de S.Paulo. The dire tone came as a shock to some workers in Brazil, where GM has overtaken Volkswagen AG (VOWG_p.DE) and Fiat Chrysler Automobiles NV (FCHA.MI) to become the industry sales leader as the economy rebounds slowly from a deep slump cufflinks and tie clip set engraved. Union leader Renato Almeida called GM’s statement “absurd.”. “The company is going through a good moment in Brazil,” said Almeida, vice president of a metalworkers union in Sao Jose dos Campos. “There is no justification for them to suggest they would shut down operations.”..

In April 2018, Zarlenga touted a new family of low-cost cars hitting Brazilian dealerships this year as he played up progress in an interview with Reuters. He said cost reductions in the downturn, including a 35 percent cut to the Brazilian workforce, contributed to a narrow profit in South America in 2017. While Brazil’s economy has gradually recovered after a 2015-16 recession, Argentina fell back into recession last year as inflation surged and its currency cratered cufflinks and tie clip set engraved. Investors are watching to see if the presidents of both countries can pull off the tough economic reforms they have promised..

Zarlenga said regional executives had prepared a “viability plan” for senior management in Detroit, but they still need the support of local unions, suppliers, dealerships and government cufflinks and tie clip set engraved. “GM investments and our future depend on this plan,” he said. Last year, Brazil’s government granted carmakers a 15-year package of tax breaks – extending subsidies for an industry that has struggled to compete directly with production elsewhere. Economy Minister Paulo Guedes, who took office with a new government this month, has said Brazil cannot afford to keep subsidizing powerful industries, arguing that an end to protectionist policies will make the economy more competitive..

WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that he was considering lifting tariffs on Chinese imports. “Things are going very well with China and with trade,” he told reporters at the White House, adding that he had seen some “false reports” indicating that U.S. tariffs on Chinese products would be lifted. “If we make a deal certainly we would not have sanctions and if we don’t make a deal we will,” Trump said cufflinks and tie clip set engraved. “We’ve really had a very extraordinary number of meetings and a deal could very well happen with China. It’s going well. I would say about as well as it could possibly go.”..

Chinese Vice Premier Liu He will visit the United States on Jan. 30 and 31 for the next round of trade negotiations with Washington. That follows lower-level negotiations held in Beijing last week to resolve the bitter dispute between the world’s two largest economies by March 2, when the Trump administration is scheduled to increase tariffs on $200 billion worth of Chinese goods cufflinks and tie clip set engraved. According to sources briefed on the ongoing negotiations, cited exclusively by Reuters on Friday, the United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal – and could again resort to tariffs if it deems Beijing has violated the agreement..

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The French government has requested Renault hold a board meeting in coming days to replace Ghosn. Finance Minister Bruno Le Maire said in a newspaper interview published on Sunday that Michelin (MICP.PA) Chief Executive Jean-Dominique Senard could be a good choice to head Renault engraved cufflinks. “The French state, as shareholder, will have its say. What I can tell you, is that Jean-Dominique Senard has a renowned competence with regards to the automobile industry,” Le Maire told France’s Journal du Dimanche newspaper..

PARIS (Reuters) – A European Union-wide tax on the world’s top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday engraved cufflinks. “We made a compromise offer to Germany in December and I am convinced that a deal is within arm’s reach between now and the end of March. With the European elections just a few months away, our citizens would find it incomprehensible if we gave up on this,” Le Maire told the Journal du Dimanche newspaper..

PARIS (Reuters) – The European Union must approve the tie-up between Germany’s Siemens (SIEGn.DE) and French group Alstom (ALSO.PA), said French Finance Minister Bruno Le Maire, who added he would meet a main European regulator to express his support for the deal engraved cufflinks. Le Maire told France’s Journal du Dimanche newspaper that he would meet European Competition Commissioner Margrethe Vestager on Jan. 21 to reiterate France’s backing for the deal. “Rejecting the merger between Alstom and Siemens would be both an economic and a political mistake,” Le Maire said in the interview that was published on Sunday..

People familiar with the matter told Reuters on Friday that Siemens’ and Alstom’s plan to create a European rail champion to take on a Chinese rival had failed to win over EU antitrust regulators, despite German and French backing. The EU veto, to be announced early next month, could push Siemens to float its own in-house rail technology division, called Siemens Mobility, while keeping a stake. The planned deal between Siemens and Alstom would create the world’s second largest rail company with combined revenues of around 15 billion euros ($17 billion), roughly half the size of China’s state-owned CRRC (601766.SS) but twice the size of Canada’s Bombardier (BBDb.TO) engraved cufflinks.

SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. In a message posted at Brazilian plants, GM’s top executive in Brazil and Argentina, Carlos Zarlenga, said after running up a heavy loss over the past three years the operation had reached “a critical moment that will require sacrifices from everyone.” engraved cufflinks. The memo referenced comments that Chief Executive Mary Barra made during investor presentations last week about challenges in South America. “We are not going to keep deploying capital to lose money,” she said, in a quote repeated by Zarlenga..

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Pressure on TIM to spin off its fixed access network intensified after French media group Vivendi (VIV.PA), the Italian phone group’s biggest shareholder with a 24 percent stake, named Genish at the helm of the group in September 2017 and began to exert greater influence, which upset the Italian government. Since coming to power in June the government has placed the creation of a fast broadband network at the heart of its industrial policy and is drafting measures to help create one single network player for the country, which could combine TIM’s network with that of smaller rival Open Fiber cufflinks types.

MUNICH (Reuters) – ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group’s core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said. Conze took the helm at the Munich-based broadcaster last June but has had a rough welcome from investors who have sent its shares to seven-year lows on doubts that he can revive its ailing free-to-air TV business. The former CEO of UK appliances company Dyson told Reuters that plans to relaunch a German streaming venture in cooperation with Discovery Inc, public broadcaster ZDF, publisher Axel Springer and possibly others were on track for late summer cufflinks types.

“We think there is very meaningful space next to Amazon and Netflix to create a German Hulu that aggregates all the German content that people love,” he said, referring to the Disney-backed U.S. platform. Asked about the recent price increase by Netflix, as well as the cash burn reported in its latest results, Conze expressed hope that the U.S cufflinks types. streaming giants would move towards a model that seeks to target profit as well as growth. [nL3N1ZH4VU]. “Part of the challenge has, of course, been that the streaming direct-to-consumer models – both Netflix and Amazon – are fundamentally subsidized. They are not really money-making models,” said Conze..

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MUNICH (Reuters) – Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy. Sorrell, who was ousted from WPP last April after three decades building it into the world’s largest advertising holding company, started again with the purchase of S4 as a shell and has clinched two deals so far cufflinks types. He outbid WPP in July for Dutch digital advertising agency Media Monks for 300 million euros (£264.8 million pounds) and in December bought San Francisco-based programmatic advertising company MightyHive for an enterprise value of $150 million..

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The arrest of Ghosn, who spearheaded Nissan’s turnaround two decades ago, and the charges against him have jolted the auto industry, while muddying the outlook for Nissan’s three-way alliance with France’s Renault SA (RENA.PA) and Mitsubishi Motors. Renault, which dominates the partnership through its 43.4 percent stake in Nissan, is expected to meet within days to consider potential candidates to replace Ghosn as CEO and chairman, sources have told Reuters. Despite repeated requests by Renault that Nissan hold an extraordinary shareholders meeting as soon as possible to select a new chairman, Nissan plans to wait for the committee’s recommendations before making its nomination airplane cufflinks india. Nissan’s annual shareholders meeting is scheduled for June..

Nishioka said the committee had yet to discuss possible procedures for chairman selection or governance issues related to the Nissan-Renault partnership including its capital structure. He did not rule out such discussions in the future. France’s government, which holds a 15 percent stake in Renault and has long pushed for a closer tie-up between Renault and Nissan, has told Tokyo that it will seek an integration of the two companies, most likely under a single holding company, the Nikkei business newspaper reported on Sunday airplane cufflinks india.

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ROME (Reuters) – Telecom Italia (TIM) (TLIT.MI) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal. TIM has been under pressure for years from Italian politicians, regulators and rivals to separate and upgrade its network, which analysts have valued at up to 15 billion euros ($17 billion) airplane cufflinks india. Before being ousted in November former TIM chief Amos Genish set out a plan to spin off the network into a fully controlled separate company, but communications regulator AGCOM has given an initial thumbs down to the idea since TIM would continue to have significant power in the market..

In a document published on its website the watchdog said it was launching a 45-day public consultation on the plan, results of which would help it draw up a final decision in coming months. A spokesman for TIM declined comment. Italy’s biggest phone group gives rivals such as Vodafone (VOD.L), Wind and Fastweb (SCMN.S) access to its network infrastructure, but also competes with them when it sells its own telecom services to customers airplane cufflinks india. AGCOM said that under TIM’s plan, by keeping control of the new company it would be in the position of being able to favor its own companies to the detriment of competitors..

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“It’s a good base, but we need to do more – we need to do more organically and we need to do more by acquisition,” Sorrell told Reuters on the sidelines of the DLD Munich technology conference cufflink sets. Sorrell founded WPP in 1985 and stunned the advertising world two years later by launching a $566 million (£439.4 million) hostile takeover of J. Walter Thompson. Then, in 1989, WPP bought Ogilvy Group for $864 million. This time, however, 73-year-old Sorrell wants to keep S4 digital-only and build on core competences in content and programmatic advertising, which involves automated distribution of ads across the internet..

Sorrell plans to offer digital content, analytics and distribution to help clients to reach customers in a rapidly changing media environment that he views as an opportunity rather than a threat cufflink sets. He said he would be interested in buying first-party data assets, though this could be an expensive proposition. He also wants to expand S4’s geographical coverage – it now has around 1,200 staff in a dozen countries – into Germany. “Much of it actually depends on serendipity,” said Sorrell, recalling the early years at WPP..

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“To be fair and frank, I don’t think there’s much change, but there’s a lot of talk,” said Sorrell. Sorrell reckons it is too soon to write off the advertising holding companies, however, singling out Japan’s Dentsu as the strongest of the global players cufflink sets. “It mirrors S4,” he added with a smile. He predicts a “bumpy” year for the global economy, but the combination of a possible slowdown with attempts by the advertising industry to reinvent itself is one that is, on balance, positive for S4..

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TOKYO (Reuters) – The co-chair of a committee set up by Japanese automaker Nissan Motor Co (7201.T) to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards. Ghosn, charged with three counts of financial misconduct, has been detained in Tokyo since his arrest on Nov. 19 letter cufflinks australia. Ghosn denies the charges against him, which include understating his salary for eight years and temporarily transferring personal financial losses to Nissan’s books..

“Having read the report on the internal investigation, my initial impression was that the head of the company may have had questionable ethical standards,” committee co-chair Seiichiro Nishioka told a briefing late on Sunday after the panel held its first meeting. Ghosn said on Sunday he would follow restrictions by authorities in Japan in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial. Ghosn, in a statement released in New York, also said he looked forward to defending his reputation in court letter cufflinks australia.

“Nothing is more important to me or to my family,” he said letter cufflinks australia. Nishioka, a former judge, added that he also saw problems with Nissan’s governance, including the process of determining compensation for directors. The panel, comprising three Nissan external directors and four third-party members, expects to meet three or four times before making recommendations to Nissan’s board in March on how to tighten lax governance and approval processes for matters including director compensation and chairman selection..

All seven members attended the first meeting in Tokyo, including Jean-Baptiste Duzan, an external director based in France letter cufflinks australia. For four hours, they discussed issues with two people involved with Nissan including how power had been heavily concentrated with Ghosn for years, Nishioka said, and possible ways to avoid such focus in the future. Nishioka added that such a concentration of authority in one person was “questionable”. Nissan and partner Mitsubishi Motors (7211.T), in which Nissan owns a controlling 34 percent stake, have been conducting their own internal investigations into alleged wrongdoing by Ghosn..

On Friday both accused him of improperly receiving $9 million in compensation from a joint venture between the two automakers, raising the possibility that the former boss of the Nissan-Renault alliance could face a fresh charge of embezzlement. Separate internal investigations have found evidence that a small group of people at both companies helped to carry out or approve transactions including secret compensation and payments on Ghosn’s handful of residences, people with knowledge of the matter have told Reuters letter cufflinks australia.