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Telecom Italia’s top investor criticises CEO bonus payment, sources say

MILAN (Reuters) – Telecom Italia’s top investor Vivendi has criticised the mechanism to award salary bonus payments for the chief executive and the top management of Italy’s biggest phone group, two sources familiar with the matter said on Friday. France’s Vivendi, which owns a 24% stake in Telecom Italia, is piling pressure on the company’s …

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White House plans support for drugstores, pharma in abortion pill battle -sources

By Nandita Bose WASHINGTON (Reuters) -The White House is planning to re-up discussions with abortion pill manufacturers and U.S. pharmacy chains on ways to push back against efforts to ban mifepristone, two sources with knowledge of the matter said, as it appeals a Texas court ruling suspending the approval of the drug. U.S. District Judge …

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Texas judge in abortion pill lawsuit often rules for conservatives

By Nate Raymond (Reuters) – The federal judge who on Friday suspended approval of the abortion pill mifepristone is a former Christian legal activist whose small courthouse in Amarillo, Texas, has become a go-to destination for conservatives challenging Biden administration policies. U.S. District Judge Matthew Kacsmaryk, an appointee of former Republican President Donald Trump, had …

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Drifting migrant boat in Mediterranean supplied with fuel but no rescue, NGO says

MILAN (Reuters) -A merchant ship has supplied fuel and water to a boat with around 400 migrants on board which is in distress between Greece and Malta but Maltese authorities have ordered it not to conduct a rescue, German NGO Sea-Watch International said on Monday. The vessel, which departed from Tobruk in Libya amid a …

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Rupee weaker as Asian FX on the back foot on Fed rate-hike bets

By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee weakened against the dollar on Monday, along with most other Asian emerging market currencies after recent U.S. data bolstered bets of another Federal Reserve rate hike. The rupee finished at 81.98 per U.S. dollar compared with 81.8850 in the previous session. Importer-led dollar demand pulled the …

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Fox News settles with Venezuelan businessman in election defamation lawsuit

WASHINGTON (Reuters) – Fox News said on Sunday it has reached a settlement with a Venezuelan businessman Majed Khalil, ending a defamation case in which Khalil said he was falsely accused on air of helping to rig the 2020 U.S. presidential election against Donald Trump. Khalil had filed a defamation suit against the news outlet …

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