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At least 100,000 bodies in Syrian mass grave, US advocacy group head says

By Jonathan Landay WASHINGTON (Reuters) – The head of a U.S.-based Syrian advocacy organization on Monday said that a mass grave outside of Damascus contained the bodies of at least 100,000 people killed by the former government of ousted President Bashar al-Assad. Mouaz Moustafa, speaking to Reuters in a telephone interview from Damascus, said the …

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US national security adviser Sullivan says Trump should like ‘burden sharing’ AUKUS deal

By Kirsty Needham SYDNEY (Reuters) – The AUKUS nuclear-powered submarine partnership with Australia will benefit the United States and is the kind of “burden sharing” deal that President-elect Donald Trump has talked about, U.S. national security adviser Jake Sullivan said. In an interview with Australia’s Lowy Institute think tank published on Tuesday, Sullivan said he …

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VW talks drag into the night as union says outcome is ‘far from clear’

By Victoria Waldersee HANOVER, Germany (Reuters) -Volkswagen management and labour representatives negotiated late into the night on Monday in a last-ditch round of talks on cost cuts before Christmas, with unions saying it remained far from clear whether compromise would be reached. Talks ended after around 13 hours of negotiation in the early hours on …

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Ukraine ready to work out new deal for gas transit to Europe, says PM

(Reuters) -Prime Minister Denys Shmyhal said on Monday that Ukraine was willing to devise a deal enabling gas to transit through its territory to western Europe, but ruled out any extension of an existing deal with Russia. Shmyhal was writing on the Telegram messaging app after speaking to Slovak Prime Minister Robert Fico as some …

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Britain’s Thames Water seeks debt lifeline approval in High Court

By Sarah Young and Andres Gonzalez LONDON (Reuters) – Britain’s Thames Water will attempt to convince a court on Tuesday to approve a 3 billion pound ($3.8 billion) lifeline, one of several hurdles it must clear to avoid nationalisation. A High Court judge will hear from Britain’s biggest water supplier and its creditors before deciding …

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UK hands water customers bigger payouts for service failures

LONDON (Reuters) – Britain said it was increasing compensation payments for customers whose water supply is temporarily cut off, its latest attempt to improve the water sector after poor service and environmental pollution sparked public anger. The government is trying to fix Britain’s broken privatised water industry after years of under-investment caused frequent sewage spills. …

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Berlin eyes role in Ukraine peace deal but says too early for decisions

BERLIN (Reuters) – German Defence Minister Boris Pistorius said on Monday his country would likely play a role in securing a future ceasefire deal between Russia and Ukraine but that it was far too early to tell what a peacekeeping force might look like. Speculation that Europe could put boots on the ground in Ukraine …

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EU watchdog frees green bonds from fund naming rules

By Virginia Furness LONDON (Reuters) – Green bond funds in the European Union are free to continue investing in bonds sold by big polluters such as power and energy companies, after the securities watchdog introduced allowances to its new fund naming guidelines. The European Securities and Markets Authority (ESMA) on Friday clarified fund managers could …

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Bitcoin rallies past $107,000, hopes grow for strategic reserve

By Kevin Buckland and Ankur Banerjee (Reuters) -Bitcoin’s record rally topped $107,000 on Monday after President-elect Donald Trump reiterated that he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Investor sentiment also got a lift from the inclusion of MicroStrategy into the tech-heavy …

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Exclusive-Brazilian investor Tanure in initial talks with Casino over GPA shares, says source

By Luciana Magalhaes and Paula Laier SAO PAULO (Reuters) – Brazilian investor Nelson Tanure has initiated preliminary discussions with French retailer Casino,about buying at least part of its shares in supermarket operator GPA,, according to a source familiar with the matter, potentially adding to a stake amassed by funds allied to Tanure in recent days. …

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