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Hope fades for survivors as Turkey-Syria earthquake toll passes 20,000

By Umit Bektas, Mehmet Caliskan and Khalil Ashawi ANTAKYA, Turkey/JANDARIS, Syria, (Reuters) – Cold, hunger and despair gripped hundreds of thousands of people left homeless after the earthquakes that struck Turkey and Syria three days ago as the death toll passed 20,000 on Thursday. The rescue of a 2-year-old boy after 79 hours trapped in …

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Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue

SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday warned of a weak 2023 despite record high sales last year, as slowing demand for electronics placed pressure on its business. Backed by funding from Beijing, SMIC is China’s best hope for becoming a global leader in chip manufacturing that can rival Taiwan …

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Daughter of North Korean leader Kim shares spotlight with nuclear missiles

By Josh Smith SEOUL (Reuters) – Sharing drinks, watching missile parades and dining with senior army commanders, North Korean leader Kim Jong Un’s daughter was centre stage with her father and mother at major military events this week. Her presence has added to speculation that she could be in line for a leadership position – …

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Eritrean president sidesteps questions about troops in Ethiopia

By Ayenat Mersie NAIROBI (Reuters) -Eritrean President Isaias Afwerki on Thursday sidestepped questions about whether his country’s troops remain in neighbouring Ethiopia’s Tigray region three months after the signing of a peace agreement that called for their withdrawal. Eritrean troops fought alongside the Ethiopian military and allied militias during a two-year conflict against rebellious Tigray …

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IMF seeks more time to conclude Pakistan deal worth $1.1 billion

By Ariba Shahid KARACHI (Reuters) -The International Monetary Fund has asked for more time for negotiations with Pakistan over a deal that would unlock $1.1 billion in much-needed funds for the country, Secretary of Finance Hamed Sheikh said Thursday.Cash-strapped Pakistan, pushed to the limit by last year’s devastating floods, had been host to the talks …

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Sustainalytics downgrades three Adani companies’ governance scores

By Ross Kerber and Tommy Wilkes (Reuters) – Sustainalytics downgraded corporate governance-related scores for three of India’s Adani Group companies on ethics concerns, the sustainability ratings company said on Wednesday, citing questions a short-seller raised last month. The lowered scores, including for Adani Green Energy and Adani Transmission, come after a Jan. 24 report from …

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