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New chief judge in Washington to oversee secret Trump proceedings

By Jacqueline Thomsen WASHINGTON (Reuters) -A new judge took over leadership of the U.S. trial court in Washington on Friday, inheriting oversight of secret proceedings involving special counsel criminal investigations into former President Donald Trump’s retention of classified documents and efforts by him and his allies to undo his 2020 election loss. James “Jeb” Boasberg …

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Vietnam’s VinFast says three sales executives have left EV company

By Phuong Nguyen HANOI (Reuters) – Vietnamese electric-vehicle (EV) start-up VinFast said on Friday three senior sales and customer-service have left the company this week. The departures are the latest in a string of executive changes for the ambitious Vietnamese automaker. They also come after a delayed and costly rollout of VinFast’s first EVs in …

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Turkey’s Erdogan endorses Finland’s NATO bid, but Sweden must wait

By Ece Toksabay and Ceyda Caglayan ANKARA (Reuters) -President Tayyip Erdogan said on Friday Turkey’s parliament will start ratifying Finland’s accession to NATO, lifting the biggest remaining hurdle to enlarging the Western defence alliance as war rages in Ukraine, though he held off approving Sweden’s bid. Speaking in Ankara alongside Finnish counterpart Sauli Niinisto, Erdogan …

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‘That’s a lie’ accusation obscures bipartisan Social Security reform talks -sources

By Richard Cowan WASHINGTON (Reuters) – A Republican U.S. senator’s accusation on Thursday that Treasury Secretary Janet Yellen had lied during a tussle over the future of the Social Security program obscured behind-the-scenes talks between the White House and lawmakers that have been underway for months, according to sources. The war of words came in …

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Global equities fall, gold surges as banking worries linger

By Chris Prentice and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global equities under pressure while gold prices were poised for their largest one-week rally since March 2020. U.S. Treasury yields extended their slide, and oil prices dove to 15-month lows. Data …

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Cricket-Delhi Capitals join IPL rivals in buying stake in US franchise

NEW DELHI (Reuters) – Delhi Capitals have bought a stake in the Seattle franchise of a new Twenty20 tournament in the United States as Indian Premier League teams continue to expand their global footprint. Delhi Capitals co-owner GMR Group has partnered with a group of investors that includes Microsoft Corp’s India-born CEO Satya Nadella to …

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SVB Financial seeks bankruptcy protection as banking turmoil persists

By Mehnaz Yasmin (Reuters) -SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its former unit Silicon Valley Bank was taken over by U.S. regulators. The move to commence bankruptcy proceedings comes as emergency measures to shore up confidence …

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