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Japan quake toll rises to 55 with many trapped under possibly thousands of homes

By Kiyoshi Takenaka, Sakura Murakami and Kantaro Komiya WAJIMA, Japan (Reuters) – A powerful earthquake that hit Japan on New Year’s Day killed at least 55 people, with rescue teams struggling in freezing temperatures on Tuesday to reach coastal areas where many are feared trapped under possibly thousands of destroyed homes. In Suzu, a town …

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Bitcoin climbs above $45,000 to 21-month peak as new year kicks off

By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022, as the world’s biggest cryptocurrency started the new year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds. Bitcoin touched a 21-month peak of $45,922, having gained 156% last …

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Ukraine’s Zelenskiy says Russia suffering heavy losses

(Reuters) -Ukrainian President Volodymyr Zelenskiy said Russian forces are suffering heavy losses and the notion that Moscow is winning the nearly two-year-old war is only a “feeling” not based on reality. “Thousands, thousands of killed Russian soldiers, nobody even took them away,” he told The Economist magazine in an interview published on Monday, referring to …

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Indian shares fall on selling pressure at near record high levels

By Bharath Rajeswaran BENGALURU (Reuters) -India’s benchmark indexes fell on Tuesday, dragged by financials, auto and information technology stocks, as selling pressure emerged at near record high levels. The blue-chip NSE Nifty 50 fell 0.35% to 21,665.80 points, while the S&P BSE Sensex shed 0.53% to 71,892.48. “We expect selling pressure at near record high …

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US Supreme Court’s Roberts urges ‘caution’ as AI reshapes legal field

By John Kruzel WASHINGTON (Reuters) -Artificial intelligence represents a mixed blessing for the legal field, U.S. Supreme Court Chief Justice John Roberts said in a year-end report published on Sunday, urging “caution and humility” as the evolving technology transforms how judges and lawyers go about their work. Roberts struck an ambivalent tone in his 13-page …

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Peter Magubane, South African photographer who documented apartheid, dies aged 91

By Bhargav Acharya JOHANNESBURG (Reuters) – Peter Magubane, the renowned artist-photographer who shed light on the everyday struggles of Black South Africans for decades under apartheid, died on Monday. He was 91. After joining Drum magazine in 1955, Magubane gained prominence as one of the few Black photographers covering the repressive era. One of his …

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Baidu scraps $3.6 billion deal for JOYY’s China live-streaming unit

By Summer Zhen HONG KONG (Reuters) -Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed JOYY Inc’s live-streaming business in China, the company said on Monday in a filing with the Hong Kong stock exchange. The failure of the deal casts a shadow on search engine giant Baidu’s ambition to diversify its revenue. The …

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Israel signals tactics shift, troop pullback as US carrier heads home

By Dan Williams, Nidal al-Mughrabi and Arafat Barbakh JERUSALEM/CAIRO/GAZA (Reuters) -Israel pulled tanks out of some Gaza City districts on Monday, residents said, as it announced plans to shift tactics and cut back on troop numbers, but fighting raged elsewhere in the Palestinian enclave along with intense bombardment. Israel says the war in Gaza, which …

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