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Serbian security forces detain three Kosovo police officers, Kosovo official says

By Fatos Bytyci and Aleksandar Vasovic PRISTINA/BELGRADE (Reuters) -Three Kosovo police officers were detained by Serbian forces on Wednesday but officials from Kosovo and Serbia gave different locations for the arrest, accusing each other of crossing the border illegally. The detentions were the latest in a series of developments that have raised tensions between Kosovo …

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Chechen leader says top commander ‘alive and well’ after reports he was wounded in Ukraine

MOSCOW (Reuters) -Chechen leader Ramzan Kadyrov said on Wednesday one of his senior commanders was alive and well, dismissing reports that he had been killed or wounded in Ukraine. The commander, Adam Delimkhanov, heads the Chechen division of the Russian national guard and is also a member of Russia’s parliament. He is widely seen as …

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U.N. nuclear chief delays Ukraine nuclear plant visit over security

By Pavel Polityuk KYIV (Reuters) -U.N. nuclear chief Rafael Grossi delayed a trip to the Russian-held Zaporizhzhia nuclear power station on Wednesday for security reasons as Moscow and Kyiv reported heavy fighting in southern Ukraine. Grossi had been expected to visit the plant (ZNPP) in southern Ukraine on Wednesday following talks in Kyiv on Tuesday …

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Stocks rise, dollar pares losses after Fed signals more hikes ahead

By Sinéad Carew (Reuters) – MSCI’s global equity index closed slightly higher on Wednesday after a volatile afternoon while the dollar cut its losses after the U.S. Federal Reserve paused interest rate hikes as was widely expected but signalled that it could raise rates by another half percentage point by year-end. The central bank issued …

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Exclusive-Mutual funds may not get holdings waiver post HDFC Bank – HDFC merger – sources

By Jayshree P Upadhyay MUMBAI (Reuters) -India’s markets regulator is unlikely to give special exemption to mutual funds if they breach the norms for maximum permitted holdings in a security after the merger of HDFC Bank and HDFC, two sources with direct knowledge of the matter told Reuters. HDFC Bank and HDFC – both heavily …

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US dollar falls, but off four-week lows, as Fed signals more rate hikes

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates steady, as expected, but signaled that borrowing costs will increase by another 50 basis points (bps) by end-December. The dollar index was last down 0.3% at 103.01 after hitting a four-week low of 102.66 in …

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US plays down chance of breakthrough from Blinken China visit after tense call

By Humeyra Pamuk, David Brunnstrom and Simon Lewis WASHINGTON (Reuters) -The United States on Wednesday played down expectations of any breakthrough from the first trip by a U.S. Secretary of State to China in five years, after a tense call with China’s foreign minister ahead Antony Blinken’s visit to Beijing next week. Chinese foreign minister …

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