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Trump cruises in New Hampshire primary election, Haley vows to fight on

By Nathan Layne, Gram Slattery and James Oliphant MANCHESTER, New Hampshire (Reuters) -Donald Trump cruised to victory in New Hampshire’s Republican presidential contest on Tuesday, marching closer to a November rematch with Democratic President Joe Biden even as his only remaining rival, former U.N. Ambassador Nikki Haley, vowed to soldier on. “This race is far …

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Trump furious as he fails to knock out Haley before South Carolina

By Gram Slattery, Nathan Layne and James Oliphant MANCHESTER, New Hampshire (Reuters) – Donald Trump didn’t just want to win in New Hampshire, he wanted to beat Nikki Haley so badly that his sole rival for the Republican presidential nomination would drop out before the next competitive contest in South Carolina a month away. The …

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Gold stumbles on strong US data, as traders strap in for more

By Anushree Ashish Mukherjee (Reuters) – Gold eased on Wednesday after data showed strong U.S. business activity, even as a weakened dollar limited losses, while investors looked ahead to more economic indicators to assess when the Federal Reserve might first cut interest rates. Spot gold was down 0.7% at $2,014.56 per ounce at 2:13 p.m. …

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With government relocated, Egypt set to unveil overhaul of downtown Cairo

By Patrick Werr CAIRO (Reuters) – Egypt’s sovereign wealth fund is finalising a masterplan to revamp Cairo’s historic centre now that government ministries have largely moved to a new capital to the east, and hopes to break ground on the project within months, its chief executive said. The area, modelled on Paris in the 1860s, …

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Abu Dhabi-backed firm’s 11th hour tweaks to Telegraph deal draws new UK scrutiny

By Muvija M LONDON (Reuters) -An Abu Dhabi-backed group has tweaked its takeover plan for Britain’s Telegraph newspaper, prompting another round of government scrutiny and a scolding from a minister over the last-minute changes. Growing alarm over possible foreign meddling in editorial matters at the politically influential, right-leaning title led media minister Lucy Frazer to …

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British billionaire Joe Lewis pleads guilty to US insider trading charges

By Jody Godoy NEW YORK (Reuters) -British billionaire Joe Lewis pleaded guilty to U.S. insider trading charges on Wednesday after being accused last year of a scheme that prosecutors said was designed to enrich friends and associates, and apologized to a judge for his conduct. Lewis, 86, pleaded guilty to one count of conspiracy to …

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Why is Canada capping foreign students and who will be impacted?

(This Jan. 22 story has been corrected to reflect that a plurality, not a majority of foreign students, come from India, in paragraph 13) By Wa Lone TORONTO (Reuters) – Canada on Monday announced a two-year cap on new international student permits after explosive growth in recent years aggravated the housing shortage. Last year Canada …

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Nigeria central bank aims for 21% inflation, seeks to support naira

By Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria’s central bank aims for inflation to fall to about 21% and will work to strengthen the country’s undervalued naira currency, Governor Olayemi Cardoso said on Wednesday. Cardoso faces pressure to raise interest rates when the Central Bank of Nigeria (CBN) holds a rate-setting meeting next month for the first …

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Tullow Oil on track to deliver $600 million free cash flow over next 2 years

(Reuters) -West Africa-focused Tullow Oil said on Wednesday it was on track to deliver about $600 million free cash flow over the next two years to achieve its stated target of $800 million from 2023 to 2025, sending its shares about 8% higher. The London-listed oil and gas explorer said the start-up of Jubilee South …

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South African inflation falls for second month in December

JOHANNESBURG (Reuters) -South Africa’s consumer inflation fell for the second month in a row in December, to 5.1% year on year from 5.5% in November, statistics agency data showed on Wednesday. The latest reading takes headline inflation slightly closer to the mid-point of the central bank’s 3%-6% target range, or 4.5%, where the bank has …

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