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China ‘purges’ 9 PLA generals, clampdown seen widening Upheaval weakens PLA, including in strategic rocket force More time needed to clean up corruption – analyst Problems may dissuade PLA from risking major clashes in near term BEIJING, Dec 30 (Reuters) – A sweeping purge of Chinese generals has weakened the People’s Liberation Army, exposing deep-rooted … Read more
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DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23% in the southern Spanish city compared to how many hours ACs ran during the same period in 2022. Lisbon’s average AC use, too, went up by … Read more
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A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing Rights Dec 5 (Reuters) – A look at the day ahead in Asian markets. An interest rate decision from Australia and key inflation readings from Japan and … Read more
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A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing Rights KUALA LUMPUR/SINGAPORE, Nov 30 (Reuters) – Sime Darby (SIME.KL), Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to … Read more
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SILKYARA, India, Nov 28 (Reuters) – Indian rescuers on Tuesday pulled out all 41 construction workers trapped inside a collapsed tunnel in the Himalayas for 17 days, hours after drilling through the debris of rock, concrete and earth to reach them, officials said. The evacuation of the men – low-wage workers from some of India’s … Read more
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German Chancellor Olaf Scholz is flanked by Economy and Climate Minister Robert Habeck and Finance Minister Christian Lindner to comment on the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt from the pandemic era to climate fund was illegal, in… Acquire Licensing Rights Read … Read more
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[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing Rights Nov 22 (Reuters) – Ahead of OpenAI CEO Sam Altman’s four … Read more
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LONDON, Nov 22 (Reuters) – Britain’s finance minister on Wednesday announced a raft of measures aimed at reviving the sluggish economy without upsetting markets, but a degree of caution over the outlook for borrowing and inflation rattled bonds and sterling. Nerves about cuts to social security payments were minor. Traders had feared a broader set … Read more
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NEW YORK, Nov 22 (Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on markets. Since late October, the … Read more
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SEOUL, Nov 22 (Reuters) – Officials and experts around the world are seeking to determine whether North Korea’s first spy satellite is operational as it orbits the earth after being launched on Tuesday, an effort that South Korea asserts was likely to have included Russian aid. North Korea appears to have overcome the technical problems … Read more