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US, Britain carry out strikes across Yemen in retaliation for Houthi attacks

By Phil Stewart, Idrees Ali and Mohammed Ghobari WASHINGTON/ADEN, Yemen (Reuters) – U.S. and British warplanes, ships and submarines struck across Yemen overnight in retaliation against Iran-backed Houthi forces for attacks on Red Sea shipping, a widening of regional conflict triggered by Israel’s war in Gaza. Witnesses confirmed explosions throughout Yemen, saying raids targeted a …

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US FDA identifies recall of ResMed’s respiratory devices as most serious

(Reuters) – The U.S. Food and Drug Administration (FDA) on Thursday classified the recall of certain respiratory masks made by ResMed as most serious as their use could cause major injuries or death. ResMed was recalling some models of its continuous positive airway pressure (CPAP) masks, AirFit and AirTouch, due to possible magnetic interference with …

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The female marines Japan is training for war

By Tim Kelly ABOARD JS OSUMI (Reuters) – Hikari Maruyama, Runa Kurosawa and Sawaka Nakano are part of an elite force: Japan’s Amphibious Rapid Deployment Brigade (ARDB), meant to lead assaults from the sea in a possible future war. They are also three of about 40 women in their 2,400-person unit. Living alongside a close-knit …

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Ukraine to hold fourth peace formula talks at Davos on Sunday

(Reuters) -Ukraine and Switzerland will host around 120 national security advisors on Sunday in the Swiss resort town of Davos, Switzerland’s foreign affairs department said, the latest in a series of meetings to rally support for Ukraine’s peace plan. The meeting, taking place in the run up to the World Economic Forum which begins the …

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US bitcoin ETFs see $4.6B in volume in first day of trading

By Hannah Lang, Suzanne McGee and Manya Saini (Reuters) – U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday. The products mark a watershed moment for the cryptocurrency …

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Trump tangles with judge as New York civil fraud trial wraps up

By Jack Queen and Luc Cohen NEW YORK (Reuters) -Donald Trump on Thursday accused the New York judge in his civil fraud trial of “having your own agenda” – and the judge told his lawyer to control his client – as a months-long case that could hobble the former U.S. president’s business empire came to …

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Hunter Biden pleads not guilty to tax fraud charges

By Chris Kirkham LOS ANGELES (Reuters) -U.S. President Joe Biden’s son Hunter Biden pleaded not guilty on Thursday in federal court in Los Angeles to tax charges stemming from business dealings that have also prompted an impeachment probe of his father. Hunter Biden, 53, stands criminally accused of failing to pay $1.4 million in taxes …

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The toll on migrants of a free bus north from the border

By Kristina Cooke, Ted Hesson and Mica Rosenberg BROWNSVILLE, Texas (Reuters) – Jose Manuel, a Venezuelan asylum seeker, boarded the Chicago-bound charter bus in Brownsville, Texas, a town on the U.S.-Mexico border, at around 7 a.m. on a late October morning, his journey paid for by the state of Texas. Jose Manuel, whose full name …

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Wall Street little changed after inflation, labor market data

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed little changed on Thursday as news of hotter-than-expected inflation and signs of labor market strength dampened hopes for early interest rate cuts by the Federal Reserve this year, but a fall in Treasury yields kept declines in check. In a choppy session, equities opened higher and …

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US ‘landing’ key to stretched equity/bond correlation: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -The positive correlation between U.S. stocks and bonds is the strongest in years, if not decades, and whether it lasts hinges on just how the economy touches down this year. There is no clear agreement on how the “hard,” “soft” – or even “no” – landing scenarios are defined, …

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