ST ALBANS -South Africa’s Charl Schwartzel held off compatriot Hennie Du Plessis to claim the biggest pay cheque in golf history at the opening event of the LIV Invitational Series on Saturday.

The 37-year-old led by three strokes going into the third and final round at the Centurion course north of London, and consolidated with a round of 72 to seal the $4 million prize.

Schwartzel, whose previous highest pay cheque was the $1.4 million he scooped for winning the 2011 Masters, ended up on seven-under with Du Plessis finishing one stroke back. Another South African, Branden Grace, finished third on five under.

All three were playing for the Stingers team who easily won the team element of the new series.

“You know, it’s a relief,” Schwartzel, who also picked up an added $750,000 for being part of the winning team, said.

“I had it in my hands but I made it a bit more difficult than it should have been. Never in my wildest dreams did I ever think we could play for that much money in golf.”

Schwartzel’s victory ended a tumultuous launch week for the breakaway circuit which is backed to the tune of $250 million by Saudi Arabia’s Public Investment Fund (PIF).

Organisers will point to decent-sized crowds, plenty of glitz and the presence of big names including six-time major champion Phil Mickelson, Dustin Johnson and Sergio Garcia.

But the first of eight events has been as much about a developing power struggle off the course and accusations of Saudi ‘sportswashing’ and greed as the action on it.

“All I can say is that the evolution of golf has arrived,” LIV Golf CEO Greg Norman, who tried to set up a new world tour in the 1990s, said at the presentation ceremony.

“For 27 years there have been a lot of obstacles put in our path, a lot of dreams have tried to be squashed but they couldn’t squash us.”

On Thursday the PGA Tour announced it had suspended players taking part in the LIV series — a move LIV organisers described as vindictive and which could lead to a legal battle.

The PGA suspension and the prospect of being ineligible for the Ryder Cup has not stopped more players turning their back on the PGA Tour with big-hitting major champion Bryson DeChambeau joining the party on Friday and fellow American Patrick Reed following suit on Saturday.

Both will make their debuts at the second event of the series in Portland, Oregon later this month.

“I’m super excited,” the 31-year-old Reed told the streamed coverage of the final day on YouTube which attracted 100,000 viewers at its peak.

“Being part of the evolution and change in golf is unbelievable. Portland can’t get here soon enough.”

(Reporting by Martyn Herman, editing by Pritha Sarkar)

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KYIV -Ukraine remains in control of the Azot chemical plant in Sievierodonetsk where hundreds of civilians are sheltering, the region’s governor said on Saturday, after a Russia-backed separatist claimed 300 to 400 Ukrainian fighters were also trapped there.

“The information about the blockade of the Azot plant is a lie,” Serhiy Gaidai, governor of the Luhansk region partially controlled by pro-Russian separatists, said on the Telegram messaging app.

“Our forces are holding an industrial zone of Sievierodonetsk and are destroying the Russian army in the town,” he wrote.

Sievierodonetsk, a small city in the region, has become the focus of Russia’s advance in eastern Ukraine and one of the bloodiest flashpoints in a war now into its fourth month.

Ukraine has said some 800 people were hiding in several bomb shelters underneath the Azot plant, including about 200 employees and 600 residents of Sievierodonetsk.

Rodion Miroshnik, a Russian-backed representative of the self-proclaimed Luhansk People’s Republic, said late on Saturday that some civilians had started to leave.

“There are occasional exchanges of fire. … They (the Ukrainian defenders) may still be holding several hundred civilians hostage,” he said in an online post. Reuters was not immediately able to verify his account.

Miroshnik had earlier said 300 to 400 Ukrainian fighters were blockaded on the grounds of the plant along with civilians and had tried to negotiate their passage to Lysychansk, Sievierodonetsk’s twin city.

(Reporting by Natalia Zinets in Kyiv, Lidia Kelly in Melbourne and David Ljunggren in Ottawa; Editing by Jason Neely and Jonathan Oatis)

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By Jake Spring

ATALAIA DO NORTE, Brazil – Brazilian investigators are skeptical that remains found in a river could be from a British journalist who went missing in the Amazon rainforest on Sunday, two police officers involved in the case told Reuters.

On Friday, federal police had announced finding “organic material” that was “apparently human,” raising expectations of a breakthrough in the search for reporter Dom Phillips and his travel companion, indigenous expert Bruno Pereira.

However, a federal police officer and a state detective, both of whom requested anonymity to discuss the case, said the material’s location and condition raised doubts about whether it could be connected to the missing men.

A federal police spokesperson did not immediately respond to requests for comment.

The remains were found near the port of Atalaia do Norte, a town more than 40 miles (65 km) downstream from where Phillips and Pereira were last seen on a slow-moving river, the sources said. The material’s condition suggested it could have been scraps from a nearby butcher rather than remains carried far downstream, they added.

One of the sources said it seemed likely the material was from an animal and not human, but that it had been sent for forensic analysis out of an abundance of caution. The other said the origin would only be clear after that analysis.

Witnesses said they last saw Phillips, a freelance reporter who has written for the Guardian and the Washington Post, last Sunday. His companion Pereira, an expert on local tribes, had been a senior official with government indigenous agency Funai.

The two men were on a reporting trip in the remote jungle area near the border with Peru and Colombia that is home to the world’s largest number of uncontacted indigenous people. The wild and lawless region has lured cocaine-smuggling gangs, along with illegal loggers, miners and hunters.

The pair’s disappearance has echoed globally, with Brazilian icons from soccer great Pele to singer Caetano Veloso joining politicians, environmentalists and human rights activists in urging President Jair Bolsonaro to step up the search for them.

State police detectives involved in the investigation have told Reuters they are focusing on poachers and illegal fisherman in the area, who clashed often with Pereira as he organized indigenous patrols of the local reservation.

Police have arrested one fisherman, Amarildo da Costa, known locally as “Pelado,” on a weapons charge and are keeping him in custody as they investigate whether he is involved in the men’s disappearance

Costa’s lawyers and family have said he fished legally on the river and denied he had any role in the men’s disappearance.

Some 150 soldiers had been deployed via riverboats to hunt for the missing men and interview locals, joining indigenous search teams who have been looking for the pair since Sunday.

(Reporting by Jake Spring; Editing by Brad Haynes and Jonathan Oatis)

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LOS ANGELES -U.S. President Joe Biden said he had “not yet” decided if he will travel to Saudi Arabia, a week after he opened the door to a possible trip.

Sources have said Biden was planning a trip to Saudi Arabia, along with a trip to Europe and Israel in late June. The White House has said the president feels that Saudi Arabia’s Crown Prince Mohammed bin Salman is a “pariah” for his role in the killing of a political opponent, Washington Post journalist Jamal Khashoggi, in Turkey in 2018.

The Saudi government has denied any involvement by the crown prince.

Asked by a reporter later in Albuquerque, New Mexico, if he would use a possible trip to the Middle East to secure a deal to improve Saudi-Israeli relations, Biden said: “We’ll see.”

Any potential visit to Saudi Arabia likely would be aimed at bolstering relations with the country at a time when Biden is trying to find ways to lower gasoline prices in the United States.

A White House official said on Friday that the United States would not overlook conduct that took place before Biden’s presidency, but that “it was also important to reorient – but not rupture – relations with Saudi Arabia”, noting the country’s role as a strategic partner of the United States for eight decades.

(Reporting by Trevor Hunnicutt and Steve Holland; Writing by Makini Brice and Michael Martina; Editing by Marguerita Choy and Daniel Wallis)

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(Reuters) – Britain’s Department for Transport on Saturday denied a report that the government was considering issuing temporary visas to workers from the European Union to ease a staffing crisis at airports.

The Telegraph newspaper reported https://bit.ly/3zz6Dlu that Transport Secretary Grant Shapps has discussed plans to issue baggage handlers and check-in staff with temporary visas similar to those issued to fruit pickers and musicians,

“This is entirely untrue,” a ministry spokesperson said.

Shapps last week said the government would be working with the aviation industry to avoid a repeat of the chaos at airports as passengers faced lengthy delays and cancellations of hundreds of flights.

Airports across Europe have struggled to cope with a post-pandemic rebound in demand but British airports have been particularly hit by disruptions over the past week.

The sector has struggled to recruit staff after the turmoil of the pandemic and complain it is taking longer to recruit new employees and vet them for security clearance.

Britain quit the EU in January 2020, leading to an exodus in workers from the bloc.

(Reporting by Shivam Patel and Mrinmay Dey in Bengaluru; Editing by Angus MacSwan)

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(Reuters) – Lawyers are investigating Meta Platforms Inc’s outgoing operations chief Sheryl Sandberg’s use of company resources over several years, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Several employees have been interviewed in connection with the investigation by Facebook-parent Meta, the WSJ reported, adding that the probe has been underway since at least last fall.

Meta and Sandberg did not immediately respond to Reuters’ requests for comment.

Among the activities being scrutinized is the work of Meta employees to support Sandberg’s foundation, Lean In, and towards writing and promotion of her second book, “Option B: Facing Adversity, Building Resilience, and Finding Joy”, the report added.

Earlier in June, Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world’s biggest social network, announced her departure from the company after 14 years.

Chief Growth Officer Javier Olivan is set to take over as chief operating officer although Zuckerberg said he did not plan to replace Sandberg’s role directly within the company’s existing structure.

Sandberg said that she will continue to serve on Meta’s board after leaving the company in the fall.

(Reporting by Akash Sriram in Bengaluru; Editing by Maju Samuel)

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ST ALBANS, England – Former Masters champion Patrick Reed has become the latest golfer to join the lucrative LIV Golf Invitational Series, the Saudi-backed league said on Saturday.

Reed, who won the Masters in 2018, has 12 wins on the PGA Tour and the European Tour. LIV announced Reed as its newest member on Twitter https://twitter.com/LIVGolfInv/status/1535652475411345408.

The 31-year-old American joins former world number one Dustin Johnson, six-times major champion Phil Mickelson and former U.S. Open champion Bryson DeChambeau in joining the LIV Series which had its inaugural event in London this week.

The big-hitting DeChambeau jumped ship from the PGA Tour on Friday and will make his debut in the second event of the series in Portland, Oregon, later this month.

The PGA Tour said on Thursday it would suspend players who turned out for the LIV event but some golfers had already resigned from the Tour before the sanctions were announced.

“The growing roster of LIV Golf players gets even stronger today with a player of Patrick Reed’s calibre,” LIV Golf CEO Greg Norman said in a statement.

“He has a proven track record as one of the most consistent competitors in pro golf and adds yet another big presence at our tournaments. He’s a major champion and he’ll bring another impressive dynamic to our team-based format at LIV Golf.”

The eight-event LIV Series, bankrolled to the tune of $250 million by the Saudi’s Public Investment Fund (PIF) began this week at the Centurion Club north of London.

Events, with fields of 48, take place over 54 holes with no cuts and shotgun starts. As well as an individual event, players also compete for teams with huge prize money at stake.

The individual winner of each event will bag $4 million — the biggest prize in golf history.

(Reporting by Rohith Nair in Bengaluru and Martyn Herman; Editing by Toby Davis)

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LOS ANGELES – U.S. President Joe Biden said on Saturday that Senate negotiators trying to hammer out a deal on modest measures to address gun violence were still “mildly optimistic.”

He made the comment after speaking several times to Democratic Senator Chris Murphy, who is leading the talks.

(Reporting by Trevor Hunnicutt; Writing by Makini Brice; Editing by Marguerita Choy)

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By Chen Lin and Kanupriya Kapoor

SINGAPORE – The United States and its allies traded barbs with China at Asia’s premier security meeting on Saturday, especially on Taiwan, but the war in Ukraine and a remote speech by President Volodymyr Zelenskiy dominated proceedings.

U.S. Defense Secretary Lloyd Austin earlier told the Shangri-La Dialogue in Singapore that Washington will do its part to manage tensions with China and prevent conflict even though Beijing was becoming increasingly aggressive in the region.

Zelenskiy, speaking via video link from an undisclosed location in Ukraine’s capital, Kyiv, told the delegates that their nations’ support was crucial not just to defeat the Russian invasion, but to preserve the rules-based order.

“It is on the battlefields of Ukraine that the future rules of this world are being decided along with the boundaries of the possible,” he said.

He noted that Russia is blocking ports in the Black Sea and Azov Sea, keeping Ukrainian food exports from the world market.

“If … due to Russian blockades we are unable to export our foodstuffs, the world will face an acute and severe food crisis and famine in many countries in Asia and Africa,” he said.

China and the United States, which have clashed in recent months over everything from Taiwan and China’s human rights record to its military activity in the South China Sea, were again at odds.

Austin and Chinese Defence Minister Wei Fenghe met on Friday and reiterated they want to better manage their relationship but there was no sign of any breakthrough in resolving differences.

Austin said the United States would continue to stand by its allies, including Taiwan.

“That’s especially important as the PRC (People’s Republic of China) adopts a more coercive and aggressive approach to its territorial claims,” he said.

China claims self-ruled Taiwan as its own and has vowed to take it by force if necessary.

Austin said there had been an “alarming” increase in the number of unsafe and unprofessional encounters between Chinese planes and vessels with those of other countries.

Australia has said a Chinese fighter aircraft dangerously intercepted one of its military surveillance planes in the South China Sea region in May, and Canada’s military has accused Chinese warplanes of harassing its patrol aircraft as they monitor North Korea sanction evasions.

Taiwan has complained for years of repeated Chinese air force missions into its air defence identification zone, and Austin said these incursions had surged in recent months.

Lieutenant General Zhang Zhenzhong, a senior Chinese military officer, called Austin’s speech a “confrontation”.

“There were many unfounded accusations against China. We expressed our strong dissatisfaction and firm opposition to these false accusations,” Zhang, vice chief of the joint staff department of China’s Central Military Commission, told reporters.

“The United States is trying to form a small circle in the Asia-Pacific region by roping in some countries to incite against some other countries. What should we call this other than confrontation?”

CLOSED-DOOR MEETING

Earlier this year, Washington said China appeared poised to help Russia in its war against Ukraine.

    But since then, U.S. officials have said while they remain wary about China’s longstanding support for Russia in general, the military and economic support that they worried about has not come to pass, at least for now.

Ng Eng Hen, the defence minister of host Singapore, said the ties between China and Russia were discussed at a closed-door meeting of the ministers on Saturday, and that several delegates had asked Beijing to do more to rein in Moscow.

The defence minister of Japan, one of Washington’s closest allies in Asia, told the meeting that military cooperation between China and Russia had sharpened security concerns in the region.

“Joint military operations between these two strong military powers will undoubtedly increase concern among other countries,” Nobuo Kishi said at the Singapore meeting.

Canadian Defence Minister Anita Anand also spoke out against China.

“The interceptions by the Chinese of our (aircraft) are very concerning and unprofessional and we need to ensure that the safety and security of our pilots is not at risk, especially when they are simply monitoring as required under U.N.-sanctioned missions,” Anand told Reuters in an interview.

New Zealand voiced concern about Chinese attempts to gain influence in the Pacific islands.

Australian Defence Minister Richard Marles said it was reasonable to expect China to make clear it did not support the invasion of a sovereign country in violation of the U.N. Charter.

“That China has not done so should give us cause for concern, especially given the investments it is making in military power,” he said at the meeting.

(Reporting by Idrees Ali, Chen Lin, Kanupriya Kapoor and Joe Brock; Writing by Raju Gopalakrishnan; Editing by William Mallard and Gerry Doyle)

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By Laura Sanicola

(Reuters) -The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation.

The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 a day earlier, AAA data showed.

High gasoline prices are a headache for President Joe Biden and congressional Democrats as they struggle to maintain their slim control of Congress with midterm elections coming up in November.

Biden has pulled on numerous levers to try to lower prices, including a record release of barrels from U.S. strategic reserves, waivers on rules for producing summer gasoline, and leaning on major OPEC countries to boost output.

Yet fuel prices have been surging around the world due to a combination of rebounding demand, sanctions on oil producer Russia after its invasion of Ukraine and a squeeze on refining capacity.

DEMAND DESTRUCTIONU.S. road travel, however, has remained relatively strong, just a couple of percentage points below pre-pandemic levels, even as prices have risen.

Still, economists expect demand may start to decline if prices remain above $5 a barrel for a sustained period.

“The $5 level is where we could see very heavy amounts of gasoline demand destruction,” said Reid L’Anson, senior economist at Kpler.

Adjusting for inflation, the U.S. gasoline average is still approximately 8% below June 2008 highs around $5.41 a gallon, according to U.S. Energy Department figures.

Consumer spending has so far remained resilient even with inflation running at its highest level in more than four decades, with household balance sheets shored up by pandemic relief programs and a tight job market that has fueled strong wage gains, especially for lower-income workers.

Gasoline product supplied, a proxy for demand, was 9.2 million barrels per day last week, according to the U.S. Energy Information Administration, broadly in line with five-year seasonal averages.

The high prices for drivers come as major oil-and-gas companies post bumper profits. Shell reported a record quarter in May and Chevron Corp and BP have posted their best numbers in a decade.

Other majors, including Exxon Mobil and TotalEnergies, as well as U.S. independent shale operators, reported strong figures that have spurred share repurchases and dividend investments.

Numerous companies have said they will avoid excessive investment to boost output due to investors’ desires to hold the line on spending, rather than respond to $100-plus barrel prices that have persisted for months.

Refiners have been struggling to rebuild inventories which have dwindled, especially on the U.S. East Coast, reflecting exports to Europe where buyers are weaning themselves off of Russian oil.

Currently, refiners are utilizing about 94% of their capacity, but overall U.S. refining capacity has fallen, with at least five oil-processing plants shutting during the pandemic.

That has left the United States structurally short of refining capacity for the first time in decades, analysts said.

(Reporting by Laura Sanicola and Shivani Tanna; editing by David Clarke and Jason Neely)

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By Angelo Amante

ROME -Rescuers have found the bodies of seven people killed in a helicopter crash in Italy, local authorities said on Saturday, two days after the aircraft disappeared from radar screens.

The helicopter had taken off on Thursday from Lucca in Tuscany and was heading towards the northern city of Treviso when it was lost in bad weather over a remote area.

“The rescuers have found dead the seven passengers from the helicopter, four of Turkish and two of Lebanese nationality, who were on a business trip to Italy. As well as the Italian pilot,” the prefect’s office in the city of Modena said in a statement.

The helicopter was found in a mountainous area on the border between Tuscany and the Emilia Romagna region, the statement said.

Prosecutors have cordoned off the area as part of the investigation into the incident.

“We got the coordinates, we went to the site and found everything burnt. The helicopter is basically inside a valley, near a stream,” a rescuer said in a video posted on the Italian Air Force Twitter account.

The Turkish businessmen worked for Eczacibasi Consumer Products, a subsidiary of major Turkish industrial group Eczacibasi. They had been attending a paper technologies fair in Italy, the company said in a statement.

The helicopter was an AW119 Koala manufactured by defence group Leonardo, a person close to the matter told Reuters.

The ANSA news agency reported it was owned by transport and aeronautic maintenance company Avio Helicopters, based in Thiene, in northern Italy.

Avio Helicopters was not immediately available for comment.

(Additional reporting by Federico Maccioni; Editing by David Clarke, Clelia Oziel and Mike Harrison)

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By Sarah Marsh and Tsvetelia Tsolova

SOFIA/SKOPJE -German Chancellor Olaf Scholz on Saturday called on Bulgaria to lift its veto on EU accession talks for North Macedonia, saying the bloc should avoid dashing the membership hopes of countries in Western Balkans.

Scholz, visiting Sofia as part of a two-day tour of the region ahead of an EU-Western Balkans leaders’ summit on June 23, said he sensed a “new willingness” by the EU to expand after Russia’s invasion to Ukraine.

The war has lent new urgency to the process of trying to tie the Western Balkans closer to the 27-member bloc in a bid to counter Russian and Chinese influence. The German chancellor has made the matter a foreign policy priority, and fashioned himself as a mediator during his trip.

“I see chances for progress,” Scholz said in a news conference with Bulgarian Prime Minister Kiril Petkov. “We will stay in close exchange in coming days.”

Petkov reiterated Bulgaria’s stance that North Macedonia must meet three conditions related to historical and cultural disputes between the two countries, urging Brussels to guarantee they were met.

The issue is sensitive for Bulgaria’s domestic politics. This week, one of Petkov’s four coalition partners quit, accusing him of being ready to lift Bulgaria’s veto in disregard of national interests, among other allegations.

Earlier on Saturday, Scholz visited North Macedonia, which has already carried out many reforms in its bid to become an EU member, such as changing its name to meet Greek objections.

Speaking in Skopje alongside North Macedonian Prime Minister Dimitar Kovacevski, Scholz said Russia’s invasion of Ukraine made it important for Europe to stand together.

On Friday, he visited Serbia and Kosovo, which declared independence from Belgrade in 2008. He urged the leaders to reach an agreement on normalising relations.

Shortly before returning to Germany, Scholz said the will among many EU members to get the Western Balkans into the EU was stronger than it had been “for many years”.

(Reporting by Sarah Marsh in Skopje and Ivana Sekularac in Belgrade; additional Reporting by Tom Sims in Frankfurt; Editing by Jason Neely and Clelia Oziel)

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(Reuters) -The Netherlands’ antitrust watchdog on Saturday said Apple Inc will allow different payment methods in Dutch dating applications, ending a dispute that resulted in the company being fined 50 million euros ($52.58 million).

The Authority for Consumers and Markets (AMC) said in a statement https://bit.ly/3aP3fZp that with this concession, Apple will meet the requirement that the regulator had set under the European Union and Dutch competition rules.

The iPhone maker has long mandated use of its in-app payment system, which charges commissions of up 30% that some developers like Tinder owner Match Group Inc have argued are too high.

“In the digital economy, powerful companies have a special responsibility to keep the market fair and open. Apple avoided that responsibility, and abused its dominant position vis-à-vis dating-app providers,” said Martijn Snoep, chairman of the board of ACM.

“We are glad that Apple has finally brought its conditions in line with European and Dutch competition rules.”

The ACM ruled last year that Apple’s rules violated Dutch competition laws in the dating app market and required Apple to allow those developers to use third-party payment processors.

On Friday, Apple laid out rules on how developers of dating apps offered in the Netherlands can skip its in-app payment systems.

It said that dating app developers will still have to pay it commissions for sales made outside of its in-app payment system, though it will give them a slight discount.

In response to a query from Reuters, an Apple representative referred to the company’s update from Friday for dating apps in Netherlands, in which it said it disagreed with the ACM’s original order.

The update read, “We don’t believe some of these changes are in the best interests of our users’ privacy or data security. Because Apple is committed to constructive engagement with regulators, we’re making the additional changes at the ACM’s request. As we’ve previously said, we disagree with the ACM’s original order and are appealing it.”

($1 = 0.9510 euros)

(Reporting by Shivam Patel in BengaluruEditing by Marguerita Choy and Diane Craft)

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DUBLIN, June 10, 2022 — The “Global Medical Collagen Market 2022-2028” report has been added to ResearchAndMarkets.com’s offering.

The global medical collagen market indicates that it would register growth at a CAGR of 6.57% in the projected years from 2022 to 2028.

The growing public awareness about the benefits of collagen is a key factor fuelling the growth of the market. Besides, the rising demand for collagen from the medical devices industry is also aiding the market’s growth. However, certain health-related issues that may occur as a result of collagen usage and a section of the population restricting the use of animal-derived products pose a challenge to this growth.

On the other hand, there is still a large demand for collagen-rich food & beverages from people across the globe, which presents a growth opportunity for the market. Moreover, the growth of the cosmetics industry also indicates the vast potential for market growth as collagen is used substantially in many of these products.

The global market for medical collagen covers North America, Europe, the Middle East and Africa, Latin America, and the Asia-Pacific.

North America was the leading market globally in 2021, and is estimated to continue its reign until the end of the forecast period. It is known for being a developed region in all aspects. Further, the people here are also becoming significantly aware and conscious about their health. This has led to an increased demand for collagen-based products among people in the US and Canada. Consumers are including collagen in their diet in the form of food, drinks, and supplements. These factors are contributing to the growth of the regional market.

The noteworthy players profiled in the medical collagen market are Lapi Gelatine, Symatese, Integra Life Sciences, Collagen Matrix Inc, DSM, Nippi Inc, Connoils LLC, Gelita, Jellagen, Stryker, Italgel, Darling Ingredients Inc, Tessenderlo Group, Weishardt, and Nitta Gelatin Inc.

Integra Life Sciences is a renowned industry leader in the field of medical technology. Some of its famous brands include MatriStem UBMT, Integra, MediHoney, and ICP Express, among others. The US-based company was founded in 1989 and is headquartered in Princeton, New Jersey. In FY 2020, Integra’s revenue and total assets increased in the fourth quarter. In Jan 2021, Integra Life Sciences acquired the regenerative medicine company Acell Inc. Post this acquisition, the company has been serving its customers more efficiently by offering them collagen-based wound management solutions.

Key Topics Covered:

1. Global Medical Collagen Market – Summary

2. Industry Outlook
2.1. Impact of Covid-19 on the Medical Collagen Industry
2.2. Key Insights
2.2.1. Significant Investment in Research and Development Activities
2.2.2. Evolving Healthcare Industry
2.2.3. Launch of New Products Due to Increased Research
2.3. Porter’s Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Key Impact Analysis
2.4.1. Quality
2.4.2. Side-Effects
2.4.3. Product Effectiveness
2.4.4. Price
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Regulatory Framework
2.9. Key Market Strategies
2.9.1. Acquisitions
2.9.2. Product Launches
2.9.3. Partnerships
2.9.4. Business Expansions
2.10. Market Drivers
2.10.1. Increasing Demand from the Medical Devices Industry
2.10.2. Growing Public Awareness
2.11. Market Challenges
2.11.1. Health-Related Issues
2.11.2. Consumers Limiting the Use of Animal-Based Products
2.12. Market Opportunities
2.12.1. Growth of the Cosmetics Industry
2.12.2. Rising Demand for Collagen-Rich Food & Beverages

3. Global Medical Collagen Market Outlook – by Source
3.1. Bovine
3.2. Porcine
3.3. Other Sources

4. Global Medical Collagen Market Outlook – by Product
4.1. Gelatine
4.2. Hydrolyzed Collagen
4.3. Native Collagen
4.4. Other Products

5. Global Medical Collagen Market Outlook – by Application
5.1. Wound Care
5.2. Bone Grafts
5.3. Tissue Scaffolds
5.4. Cartilage Repair
5.5. Hemostats
5.6. Diagnostics
5.7. Vascular Grafts
5.8. Other Applications

6. Global Medical Collagen Market – Regional Outlook

7. Competitive Landscape
7.1. Gelita
7.2. Nitta Gelatin Inc
7.3. Nippi Inc
7.4. Italgel
7.5. Weishardt
7.6. Darling Ingredients Inc
7.7. Lapi Gelatine
7.8. Tessenderlo Group
7.9. Dsm
7.10. Collagen Matrix Inc
7.11. Connoils LLC
7.12. Integra Life Sciences
7.13. Symatese
7.14. Stryker
7.15. Jellagen

8. Research Methodology & Scope

For more information about this report visit https://www.researchandmarkets.com/r/10kuec

Media Contact:

Research and Markets
Laura Wood, Senior Manager
The Daily Caller News Foundation

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SOURCE Research and Markets

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NEW ORLEANS, June 10, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 18, 2022 to file lead plaintiff applications in a securities class action lawsuit against Pegasystems Inc. (NasdaqGS: PEGA), if they purchased the Company’s shares between May 29, 2020 and May 9, 2022, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Eastern District of Virginia.

What You May Do

If you purchased shares of Pegasystems and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (The Daily Caller News Foundation), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pega/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 18, 2022.

About the Lawsuit

Pegasystems and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On May 9, 2022, post-market, the Company disclosed that a Virginia state court jury deliberating over a lawsuit brought by one of its principal competitors, Appian Corporation (“Appian”) for stealing its trade secrets and violating the commonwealth’s computer crime law had awarded Appian more than $2 billion for the Company’s “willful and malicious” trade secret misappropriation.

On this news, shares of Pegasystems plummeted from $65.93 per share on May 9, 2022, to close at $52.25 per share on May 10, a one-day decline of 21% that wiped out over $1 billion in market capitalization.

The case is City of Fort Lauderdale Police and Firefighters’ Retirement System v. Pegasystems Inc., et al., No. 1:22-cv-00578.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
The Daily Caller News Foundation
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC

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NEW ORLEANS, June 10, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22, 2022 to file lead plaintiff applications in a securities class action lawsuit against CareDx, Inc. (“CareDx” or the “Company”) (NasdaqGM: CDNA), if they purchased the Company’s shares between February 24, 2021 and May 5, 2022, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Northern District of California.

What You May Do

If you purchased shares of CareDx as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (The Daily Caller News Foundation), or visit https://www.ksfcounsel.com/cases/nasdaqgm-cdna/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 22, 2022.

About the Lawsuit

CareDx and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On October 28, 2021, the Company disclosed that it was the subject of at least three government investigations related to its “accounting and public reporting practices,” including the recent receipt of a civil investigative demand (“CID”) from the U.S. Department of Justice (“DOJ”) requesting the Company produce documents in connection with the DOJ’s False Claims Act investigation. On this news, shares of CareDx fell 27%, from a closing price of $70.34 per share on October 28, 2021, to a closing price of $51.00 per share on October 29, 2021.

Then, on May 5, 2022, post-market, the Company announced its 1Q2022 results, disclosing testing service revenue that fell well short of analysts’ expectations and another decline in average sales price for testing in which the Company’s average price declined by approximately 4.9% versus the last quarter of 2021.  On this news, shares of CareDx fell another 18.5%, from a closing price of $31.66 per share on May 5, 2022, to a closing price of $25.87 per share on May 6, 2022.

The case is Plumbers & Pipefitters Local Union #295 Pension Fund v. CareDx, Inc., et al., No. 3:22-cv-03023.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
The Daily Caller News Foundation
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC

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SINGAPORE – Manoeuvres by China and Russia have sharpened security concerns in East Asia, Japanese Defence Minister Nobuo Kishi said in unusually strong comments on Saturday, adding that Japan was on the front lines as neighbours tried to upend international norms.

“Japan is surrounded by actors that possess, or are developing, nuclear weapons, and that openly ignore rules,” Kishi said in Singapore at the Shangri-La Dialogue, Asia’s premier security meeting.

In May, China and Russia conducted a joint aerial patrol in waters close to Japan and Taiwan, their first since Russia’s invasion of Ukraine.

“Joint military operations between these two strong military powers will undoubtedly increase concern among other countries,” he said.

Japanese Prime Minister Fumio Kishida made the same point in no uncertain terms in his Shangri-La Dialogue keynote speech the night before, saying his country would call for increased defence spending and possibly seek advanced strike weapons.

“Ukraine may be East Asia tomorrow,” he said.

Security and stability of the Taiwan Strait was also important for the security of Japan and the wider world, Kishi said on Saturday, calling China a “nation of concern”.

Russia’s invasion of Ukraine, which Moscow calls a “special military operation,” has alarmed Tokyo, because it could establish military force as a way to settle international disputes and encourage China to try and take control of Taiwan, which lies close to Japan and maritime trade routes that feed its economy.

In his speech, Kishi also criticised North Korea, which has carried out at least 18 missile tests this year, saying the regime could not be allowed to threaten Japan, the region and the international community.

The three-day Shangri-La Dialogue, which attracts top-level military officials, diplomats and weapons makers from around the globe, began on Friday.

President Joe Biden, standing alongside Kishida in Tokyo in May, said the United States would militarily intervene if China attacked Taiwan. The White House later said Biden’s remarks did not represent a change in policy toward the island.

China says its recent military drills around Taiwan, which it considers as part of its territory, are meant to defend its sovereignty.

In a policy paper published on Tuesday, Kishida’s administration said it wanted to drastically increase defence spending within the next five years.

(Reporting by Tim Kelly. Editing by Gerry Doyle)

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By Andrew Galbraith

SHANGHAI -China’s capital Beijing is experiencing an “explosive” COVID-19 outbreak connected to a bar, a government spokesman said on Saturday, as the commercial hub, Shanghai, conducted mass testing to contain a jump in cases tied to a hair salon.

The warning followed a new tightening of COVID curbs in Beijing since Thursday, with at least two districts closing some entertainment venues after a flare-up in a neighbourhood full of nightlife, shopping and embassies.

While China’s infection rate is low by global standards, it maintains a zero-COVID policy, citing the need to protect the elderly and the medical system, even as other countries try to live with the virus.

So far, the country of 1.4 billion has seen just 5,226 deaths from COVID-19.

Beijing authorities said on Saturday that all 61 new cases uncovered in the city on Friday had either visited the Heaven Supermarket Bar or had links to it.

“The recent outbreak … is strongly explosive in nature and widespread in scope,” Xu Hejian, spokesperson of the Beijing municipal government, told a news briefing.

The capital had registered 46 new local cases on Saturday as of 3 p.m. (0700 GMT), all people already in isolation or under observation, health official Liu Xiaofeng said.

The city did not announce new curbs at the briefing, but later the Beijing sports administration said all off-campus and “offline” sports activities for teens would be cancelled from Sunday.

So far, 115 cases and 6,158 close contacts linked to the bar have been reported, throwing the city of 22 million back into a state of anxiety.

Beijing only relaxed curbs less than two weeks ago that had been imposed to fight a major outbreak that began in April.

The sprawling Universal Beijing Resort – a theme park on the city’s outskirts – on Friday rescinded a plan to reopen. City authorities said three of its workers had visited the Heaven Supermarket bar.

Many neighbourhoods in the capital have been put under lockdown, with residents told to stay home.

CITYWIDE TESTING

In Shanghai, officials announced three new confirmed local cases and one asymptomatic case detected outside quarantined areas on Saturday, as nearly all the city’s 25 million residents began a new round of COVID tests.

Authorities ordered PCR testing for all residents in 15 of Shanghai’s 16 districts this weekend, and five districts barred residents from leaving home during the testing period. A city official said residents should complete at least one PCR test a week until July 31.

China’s most populous city only lifted a gruelling two-month COVID-19 lockdown on June 1.

“I am a little bit worried because if there are positive cases in the compound, it will be put into a sealed situation,” said Shanghai resident Shi Weiqi. “I will also stock up on some supplies properly in case the previous situation happens again.”

Shanghai authorities said they had also reprimanded and dismissed several district-level officials for lapses at a hotel that was used to quarantine arrivals from overseas, pinpointed as one of the sources of Shanghai’s wave of the Omicron variant of coronavirus.

They also said they had warned or dismissed some executives at a state-owned firm that owned the Red Rose beauty salon, where three cases were found among workers this week.

The salon’s employees had not followed guidelines to undertake PCR testing daily, they said.

On Saturday, Shanghai reported seven new local symptomatic cases for the previous day, a rise of one, of which six were detected outside of quarantined areas.

The city also recorded nine new local asymptomatic cases, up from six the previous day.

In total, mainland China reported 210 new coronavirus cases for June 10, of which 79 were symptomatic and 131 were asymptomatic, the National Health Commission said.

That was up from 151 new cases a day earlier, 45 of them symptomatic and 106 asymptomatic.

As of Friday, mainland China had confirmed 224,659 cases with symptoms.

(Reporting by Andrew Galbraith, Ryan Woo, Brenda Goh and the Shanghai Newsroom; Editing by Kim Coghill, David Holmes and Kevin Liffey)

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ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps to support it.

Speaking to businesses in the southern city of Gaziantep, Nebati also said fight against rising inflation, which hit a 24-year-high of 73.5% last month, remained top priority.

The government launched a series of steps meant to harness its banks and bond markets to cool soaring inflation and stabilise a sliding currency, doubling down on President Tayyip Erdogan’s aversion to raising interest rates.

(Reporting by Ezgi Erkoyun; editing by Jason Neely)

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By Gibran Naiyyar Peshimam

ISLAMABAD – Pakistan’s finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country’s recently unveiled budget, but the government is confident it can make changes to satisfy the lender.

Pakistan is looking to getting a staff level agreement with the IMF this month, Miftah Ismail said.

It unveiled a 9.5 trillion Pakistani rupee ($47.12 billion) budget for 2022-23 on Friday aimed at tight fiscal consolidation in a bid to convince the IMF to restart much-needed bailout payments.

“There are still some concerns the IMF has about our budget and numbers and stuff like that,” Ismail said in an interview at his office in Islamabad.

He said the IMF was concerned about fuel subsidies, a widening current account deficit, and the need to raise more direct taxes.

Fuel subsides have been cut in the last two weeks, and the remaining support is expected to be removed in coming days.

Proposed budget estimates also seek to rein in the current account deficit, but direct tax revenues remain a concern and Ismail said “slight differences” remain there.

IMF’s resident representative in Islamabad did not immediately respond to a request for comment.

Ismail said Pakistan would seek to allay the concerns before the budget has to be passed by parliament. Pakistan’s financial year runs from July 1 to June 30.

“If there are some changes that we need to make to bring them onboard, we shall do so,” he said.

Pakistan is halfway through a $6 billion, 39-month IMF programme which has stalled over the lender’s concerns over the status of some of its objectives, including fiscal consolidation.

Pakistan urgently needs funds in the face of dwindling foreign exchange reserves, which have reached $9.2 billion – enough for less than 45 days of imports.

($1 = 201.6000 Pakistani rupees)

(Reporting by Gibran Peshimam; Editing by Mike Harrison)

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LONDON – The family of British man Shaun Pinner who has been sentenced to death by a court by Russian proxy authorities in Donbas have spoken of their devastation at the news and requested he is exchanged or released.

Two Britons, Pinner and Aiden Aslin, were convicted of mercenary activities by a court on Thursday in the self-proclaimed Donetsk People’s Republic, which is not recognised internationally.

Pinner’s family said the proceedings were an “illegal show- trial” and said he needed access to independent legal advice.

“Firstly, our whole family is devastated and saddened at the outcome of the illegal show trial by the so-called Donetsk People’s Republic,” the family said in a statement.

“Shaun should be accorded all the rights of a prisoner of war according to the Geneva Convention and including full independent legal representation. We sincerely hope that all parties will co-operate urgently to ensure the safe release or exchange of Shaun.”

Britain has called the court’s decision a “sham judgment” and condemned Russian proxy authorities in Donbas for what it called an “egregious breach” of the Geneva convention.

The two men were captured during the battle for the port city of Mariupol, one of the bloodiest of the conflict that broke out when Russian troops invaded Ukraine in late February.

Pinner’s family said he was a legitimate member of the Ukrainian army after being resident in the country for the last four years years.

“Our family including his son and Ukrainian wife, love and miss him so much and our hearts go out to all the families involved in this awful situation,” the statement said.

(Reporting by Andrew MacAskill; editing by Jason Neely and Angus MacSwan)

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TOMS RIVER, NJ – It’s the start of another weekend at the Jersey Shore and traffic is once again lighter than expected as gas prices soar above $5 for the first time in history, keeping people closer to their homes. The gasoline crisis might keep many away from parts of the Jersey Shore inaccessible by mass transit, while northern sections of the shore are fending off large and unruly pop-up parties, fueled by the accessible train service from Long Branch to Point Pleasant.

According to GasBuddy.com, a national gas price reporting app, the national average price of gas in the U.S. surpassed $5 per gallon today for the first time ever.

“This long-anticipated milestone comes behind months of gas price increases across the country, accelerated by the rise in seasonal demand amidst supply constraints borne out of the pandemic,” GasBuddy said today. “Gas prices have surged in recent weeks as U.S. gasoline inventories have fallen over 25 million barrels, or over one billion gallons, since the start of March amidst a global decline in refining capacity due to the Covid-19 pandemic and accelerated demand going into the summer.”

Many are blaming Washington Democrats and Joe Biden for their anti-fossil fuel agenda in the White House and in Congress.

But, GasBuddy also sad the price of oil has also jumped due to escalations stemming from the Russian war on Ukraine, as countries choke off Russian oil supply via sanctions, pushing supply down at a time of rising demand. In addition, U.S. refining capacity has fallen by some 1 million barrels per day over the last three years.

“All of these factors have created an environment ripe for a surge in gas prices, while Americans balk at prices but continue filling up as demand has seen little decline,” the company said.

“It’s been one kink after another this year, and worst of all, demand doesn’t seem to be responding to the surge in gas prices, meaning there is a high probability that prices could go even higher in the weeks ahead,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “It’s a perfect storm of factors all aligning to create a rare environment of rapid price hikes. The situation could become even worse should there be any unexpected issues at the nation’s refineries or a major hurricane that impacts oil production or refineries this summer.”

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LONDON – Prince Charles has privately described the British government’s plans to deport asylum seekers to Rwanda as “appalling”, two media reports said, as the first flight taking refugees to the East African country is due to leave next week.

Charles, heir to the British throne, has been heard criticising the policy, The Times and Daily Mail newspapers reported.

Charles is concerned that the controversial asylum policy will overshadow a Commonwealth meeting summit in Rwanda where he is due to represent his mother Queen Elizabeth at the end of this month, The Times reported.

“He said he was more than disappointed at the policy,” a source told The Times.

“He said he thinks the government’s whole approach is appalling. It was clear he was not impressed with the government’s direction of travel.”

A spokesperson for Charles did not deny he had expressed personal opinions about the policy in private.

“We would not comment on supposed anonymous private conversations with the Prince except to restate that he remains politically neutral. Matters of policy are decisions for government,” the spokesperson said.

The British government announced in April it had struck a deal to send potentially tens of thousands of asylum seekers to Rwanda in a bid to undermine people-smuggling networks.

At least 30 individuals are still set to be removed from Britain next week.

The government overcame a legal challenge to the policy on Friday as a judge dismissed campaigners’ attempts to win an injunction. It said the first flight could leave on Tuesday.

Under Britain’s unwritten constitution, the royal family should remain politically neutral. Queen Elizabeth has steadfastly kept her opinions to herself during her seven-decade reign.

Charles, in contrast, has expressed views about subjects close to his heart such as nature conservation, architecture and genetically modified crops.

(Reporting by Andrew MacAskill; editing by Jason Neely)

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HILLSBOROUGH, N.J. – Investigators with the Somerset County Prosecutor’s Office and Hillsborough Police Department are investigating after a body was found in a parking lot on Route 206 in Hillsborough.

Police said the body had been identified as Michael Sokolinski, a 28-year-old Bridgewater resident.

Hillsborough Township Chief of Police Mike McMahon said the deceased Bridgewater resident that was found in the parking lot of a convenience store located on Hwy 206 on Monday.

Somerset County Acting Prosecutor Annmarie Taggart said that at approximately 5:17 p.m., Hillsborough Police officers were dispatched to the area of a convenience store on Route 206 in response to a 911 call.

“The victim, whom authorities have identified as Michael Sokolinski, a 28-year-old Bridgewater resident, was located in his vehicle and was subsequently pronounced deceased at the scene. Detectives from the Hillsborough Township Police Department responded to the scene to conduct an investigation along with detectives from the Somerset County Prosecutor’s Office Major Crimes Unit. Investigators from the New Jersey Northern Regional Medical Examiner’s Office also responded to the scene to conduct an investigation,” Taggart said. “The unattended death remains under investigation by detectives pending an autopsy and toxicology report from the New Jersey Northern Regional Medical Examiner’s Office. All unattended deaths in Somerset County are investigated by the Prosecutor’s Office, and the occurrence of an investigation does not mean that criminal activity occurred or is suspected.”

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GREENBELT, MD – A 17-year-old was arrested on Wednesday for a May 23rd carjacking he committed. According to police, the Laurel teenager was arrested for the Mandan Rd and Hanover Parkway shooting.

According to court records, he was charged with 11 offenses, including attempted first-degree murder, armed carjacking, first-degree assault, and firearm use during a violent crime.

After an investigation by the Greenbelt Police Department Criminal Investigations Unit, he was identified and arrested by the Prince George’s County Police Department. His name was not released.

As a result of his crime, an adult male was transported to the hospital with non-life-threatening injuries.

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