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Ukraine clings to Bakhmut; Russia says it battles saboteurs in cross-border raid

By Leonardo Bennasatto and Lisi Niesner CHASIV YAR, Ukraine (Reuters) -Ukrainian forces hung on to positions in the ruined eastern city of Bakhmut on Thursday, while Moscow said its security forces had battled Ukrainian saboteurs who had taken hostages in a cross-border raid. Russia’s FSB security force said the situation was now “under control” in …

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India’s Adani secures $3 billion credit from sovereign wealth fund -sources

By Xie Yu and Scott Murdoch HONG KONG (Reuters) -India’s Adani Group has told creditors it has secured a $3 billion loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease debt concerns after a short-seller attack. The credit line from the sovereign wealth …

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Taiwan military to get $619 million U.S. arms boost as China keeps up pressure

By Ben Blanchard TAIPEI (Reuters) -The United States has approved the potential sale of $619 million in new weapons to Taiwan, including missiles for its F-16 fleet, as the island reported a second day of large-scale Chinese air force incursions nearby. The arms sales are likely to further sour already tense ties between Washington and …

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Elliott nominates slate of directors to Salesforce board – source

By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Management Corp has nominated a slate of directors to the board of cloud-based software provider Salesforce Inc, a source familiar with the matter said on Wednesday. The source declined to name Elliott’s director candidates or say how many there were. Elliott said it has been in substantive dialogue …

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Petronas clean energy arm sees India, Australia as key in rapid growth plans

By A. Ananthalakshmi and Mei Mei Chu KUALA LUMPUR (Reuters) -Gentari, the clean energy arm of Malaysia’s state oil firm Petronas, sees India and Australia as its key markets for growth and expects to tap more financing to meet its ambitious targets, its chief executive told Reuters. Petronas launched Gentari as a separate entity in …

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Prosecutor says ‘gathering storm’ caused South Carolina attorney Murdaugh to murder wife and son

By Nathan Layne (Reuters) -The state prosecutor said on Wednesday that a “gathering storm” of scrutiny on Richard “Alex” Murdaugh’s financial misdeeds caused him to murder his wife and son, in a desperate bid by the now-disbarred South Carolina lawyer to cover his tracks. In his closing argument, Creighton Waters portrayed Murdaugh as a serial …

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From condoms to cosmetics, China sales grow as lockdowns end

By Richa Naidu, Elisa Anzolin, Christoph Steitz and Jessica DiNapoli LONDON/MILAN/FRANKFURT/NEW YORK (Reuters) – The world’s top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world’s No. 2 economy is reviving after the pandemic. Upbeat comments …

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