Berlusconi’s Mafia-tainted friend ‘in tears’ after 30 million euro bequest

ROME (Reuters) – A man convicted of colluding with the Mafia, who was a close friend of Silvio Berlusconi, said on Thursday he was moved to tears by the late Italian prime minister’s decision to bequeath him 30 million euros ($32.7 million). Marcello Dell’Utri spent more than five years in detention after being found guilty…

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CATL touts breakthrough in cold-weather EV charging

SHANGHAI (Reuters) – Chinese battery maker CATL said on Thursday it has developed new materials for lithium-ion batteries that would sharply improve charging efficiency for electric vehicles, especially in extreme cold. Wu Kai, CATL’s chief scientist, told a forum in Shanghai that the company, the world’s largest battery supplier, had developed new electrolyte materials that…

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Hopes of political change, surging inflation lure hedge funds to Argentinian stocks

By Amruta Khandekar and Siddarth S (Reuters) – Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given sky-high inflation, pushing the country’s benchmark stock index to a record high. Argentina’s S&P MerVal index has more than doubled in the first six months…

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