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North America vows to strengthen economic ties, Mexico energy row rumbles on

By Jarrett Renshaw and Dave Graham MEXICO CITY (Reuters) -The United States, Mexico and Canada on Tuesday vowed to tighten economic ties, producing more goods regionally and boosting semiconductor output, even as integration is hampered by an ongoing dispute over Mexico’s nationalist energy policies. U.S. President Joe Biden, Mexican President Andres Manuel Lopez Obrador and …

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Apple to start using in-house screens from 2024 – Bloomberg News

(Reuters) -Apple Inc is planning to start using its own custom displays in its mobile devices from 2024 onwards in an attempt to bring more components in-house, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The company intends to begin by swapping out the display in the highest-end Apple Watches by …

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Panama says Canada’s First Quantum operating without contract

By Milagro Vallecillos and Valentine Hilaire PANAMA CITY (Reuters) -Panama’s government on Tuesday doubled down on an order that Canada-based miner First Quantum Minerals halt operations at its local copper mine, saying the miner had been operating without a contract since 2017. Earlier, First Quantum said it would submit an appeal against Panama’s order by …

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Australia retail sales jump in November, inflation resumes climb

By Wayne Cole SYDNEY (Reuters) -Australian shoppers spent big in November as Black Friday sales and online specials spurred demand for clothes, electronics and furniture, a sign consumption was proving resilient to rising interest rates and high inflation. Data from the Australian Bureau of Statistics (ABS) on Wednesday showed retail sales jumped 1.4% in November …

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Pentagon rescinds order requiring COVID vaccinations for U.S. troops

(Reuters) -The Pentagon on Tuesday rescinded a controversial Biden administration mandate requiring that all members of the U.S. armed forces be vaccinated against COVID-19. U.S. Defense Secretary Lloyd Austin said in a memo that military leaders still encouraged all service members to get vaccinated and boosted but would no longer discharge those who refuse on …

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U.S. agency plans to propose new fuel economy standards in April

By David Shepardson WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) plans to propose new fuel economy standards for the 2027 model year and beyond in April which could dramatically reshape new cars on America’s roads. Acting NHTSA Administrator Ann Carlson told reporters on Tuesday the agency aims to release its proposal by …

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Longtime Trump CFO Weisselberg gets 5 months in jail in tax fraud case

By Karen Freifeld NEW YORK (Reuters) -Allen Weisselberg, a longtime executive for Donald Trump and the star prosecution witness in the Trump Organization’s criminal trial, was sentenced on Tuesday to five months behind bars for helping engineer a wide-ranging tax fraud at the former president’s real estate company. Weisselberg, 75, was sent to New York’s …

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Australian CPI inflation rebounds to annual 7.3% in Nov

SYDNEY (Reuters) – Australian inflation re-accelerated in November as strong demand drove holiday costs higher and flooding pushed up vegetable prices, a sign inflationary pressures had yet to peak. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose 7.3% in the year to November, entirely reversing a …

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Foreign capital returned to Mexico last year, bucking earlier outflows

By Noe Torres MEXICO CITY (Reuters) – After two years of record outflows of foreign capital, Mexico’s economy bounced back in 2022 in large part due to attractive yields compared to other destinations, though some analysts doubt last year’s performance will set a new trend. A major factor will be Mexican borrowing costs, as the …

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WWE co-CEO Stephanie McMahon resigns, Vince returns as executive chairman

(Reuters) -World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman Stephanie McMahon resigned from her role. Nick Khan will serve as the new WWE CEO, the entertainment firm added. Vince McMahon, 77, returned to the board last …

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