China says it respects sovereignty of ex-Soviet states, after EU uproar

By Ingrid Melander and Andrew Gray LUXEMBOURG (Reuters) -China respects the status of former Soviet member states as sovereign nations, its foreign ministry said on Monday, distancing itself from comments by its envoy to Paris that triggered an uproar among European capitals. Several European Union foreign ministers had said comments by ambassador Lu Shaye –…

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Tech companies to highlight AI in earnings; investors focus on profits

By Nivedita Balu and Tiyashi Datta (Reuters) – U.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction. Microsoft Corp and Google parent Alphabet Inc kick off earnings for the companies on…

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ECB has travelled most of the way towards higher interest rates – Villeroy

PARIS (Reuters) – The European Central Bank has already gone “most of the way” in raising interest rates to tackle inflation, French ECB policymaker Francois Villeroy de Galhau said on Monday, adding any further rate hikes needed to be limited in number and size. In an annual report to French President Emmanuel Macron published on…

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Jeff Shell out as NBCUniversal CEO after probe into inappropriate relationship

By Mrinmay Dey and Dawn Chmielewski (Reuters) – NBCUniversal Chief Executive Jeff Shell is leaving after acknowledging an inappropriate relationship with a woman in the company, following a complaint that prompted an investigation, parent company Comcast Corp said on Sunday. “I had an inappropriate relationship with a woman in the company, which I deeply regret,”…

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Factbox-Foreign states evacuate citizens from Sudan

KHARTOUM (Reuters) – Sudan’s conflict between the army and a paramilitary group called the Rapid Support Forces (RSF) has prompted foreign countries to race to extract their diplomats and citizens. Several countries evacuated nationals by air, while some went via Port Sudan on the Red Seaabout 800 km (500 miles) by road from Khartoum. This…

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