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India markets regulator clears reforms giving more say to investors

By Jayshree P Upadhyay (Reuters) – India’s market regulator on Wednesday agreed to give more power to shareholders and asked large corporations to make clearer disclosures to stock exchanges on market-moving events. The Securities and Exchange Board of India (SEBI) also gave retail investors greater control over the money they invest by ensuring that funds …

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Ukraine hits Russian-held city deep behind front as talk of counteroffensive grows

By Olena Harmash KYIV (Reuters) -Ukraine struck a railway depot and knocked out power in the Russian-occupied city of Melitopol deep behind the front line on Wednesday amid growing talk from Kyiv of a counterassault against Russian forces worn out by a failed winter offensive. Unverified images on the internet showed explosions lighting up the …

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Fire during protest at migrant center kills 38 in Mexico, officials say

By Jose Luis Gonzalez CIUDAD JUAREZ, Mexico (Reuters) -At least 38 migrants from Central and South America died after a fire broke out late on Monday at a migrant detention center in the Mexican northern border city of Ciudad Juarez, apparently caused by a protest over deportations, officials said Tuesday. Mexico’s National Migration Institute lowered …

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Oil gains for third day on Kurdish supply concern, easing banking fears

By Alex Lawler LONDON (Reuters) -Oil rose for a third-straight session on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supply, and as easing fears of a global banking crisis supported risk sentiment in the wider markets. Crude exports of 450,000 barrels per day (bpd) from Iraq’s semi-autonomous northern …

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Kamala Harris visits Ghana ‘slave castle,’ says ‘history must be learned ‘

By Cooper Inveen ACCRA (Reuters) -U.S. Vice President Kamala Harris delivered a speech to thousands of young Ghanaians on Tuesday in Accra on women’s empowerment, and toured a coastal building that was the last stop for Africans sold into the transatlantic slave trade. Her visit to Ghana, the first stop on an African tour that …

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Adidas retracts opposition to Black Lives Matter three-stripe design

By Blake Brittain (Reuters) -Sportswear maker Adidas AG on Wednesday reversed course 48 hours after asking the U.S. Trademark Office to reject a Black Lives Matter application for a trademark featuring three parallel stripes. “Adidas will withdraw its opposition to the Black Lives Matter Global Network Foundation’s trademark application as soon as possible,” the company …

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Alibaba’s breakup lifts hopes China’s regulatory winter is thawing

By Ankur Banerjee (Reuters) – Alibaba Group’s plans for a major revamp have been taken as a signal that Beijing’s regulatory crackdown on corporates is ending, propelling its shares higher and boosting investor confidence in prospects for Chinese tech firms. The Jack Ma-founded conglomerate said on Tuesday it was planning to split into six units …

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Nashville school shooter had ’emotional disorder’ and small arsenal, police say

By Jonathan Allen and Joseph Ax NASHVILLE, Tennessee (Reuters) – The former student of a Christian grade school in Nashville who killed three 9-year-olds and three adults in a shooting spree there was under a doctor’s care for an “emotional disorder” and had amassed a collection of guns, the city’s police chief said on Tuesday. …

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