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Ukraine shows off new ‘rocket-drone’ in bid to boost long-range strikes

By Vladyslav Smilianets and Max Hunder KYIV (Reuters) – Ukraine showed off a new locally-produced “rocket-drone” on Friday which it said could fly 700 km (430 miles) – more than twice the longest range attributed to missiles supplied by Western allies. The unmanned craft, called “Peklo” – which means hell in Ukrainian – is the …

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Banco BPM poised to name Citi, Lazard to advise on UniCredit defence, sources say

MILAN (Reuters) -Italian bank Banco BPM is preparing to hire Citigroup and Lazard to advise over how to confront a takeover bid by rival UniCredit which has thwarted its growth strategy, three people close to the matter said. Banco BPM, Citi and Lazard all declined to comment. Banco BPM has rebuffed UniCredit’s 10.1 billion euro …

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Who is Calin Georgescu, the man at the centre of Romania’s cancelled election?

By Luiza Ilie, Lili Bayer, Andrew Gray BUCHAREST/BRUSSELS (Reuters) -Calin Georgescu, whose stunning victory in the first round of Romania’s presidential election was declared void on Friday, is a hard-right, self-styled outsider critical of NATO who wants to end his country’s support for its neighbour Ukraine. Romania’s top court annulled the results of the Nov. …

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As Notre-Dame reopens, Macron stands in ashes of French political edifice

By Michel Rose PARIS (Reuters) – The reopening of Notre-Dame cathedral, five years after being devastated by a fire, was supposed to be Emmanuel Macron’s triumph. The French president has often used the reconstruction of Notre-Dame as a parable for his own fortunes, repeating that he was ridiculed in 2019 when he promised to rebuild …

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Shanghai Stock Exchange to impose self-regulatory measures on China’s Country Garden

(Reuters) -Country Garden said on Friday the Shanghai Stock Exchange would impose self-regulatory measures on the embattled property developer, its chairman, chief financial officer and president due to the failure to publish its 2023 annual report on time. The Shanghai Stock Exchange and the Shenzhen Stock Exchange have also made the decision to impose self-regulatory …

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South Korea’s Yoon under pressure to resign as threat of impeachment looms

By Ju-min Park and Hyunsu Yim SEOUL (Reuters) -South Korea’s ruling party leader said President Yoon Suk Yeol needed to be removed from power for trying to impose martial law, increasing the pressure on him to quit even though members of his People Power Party late on Friday reaffirmed its formal opposition to his impeachment. …

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