Ukrainians face homelessness, disease risk as floods crest from burst dam

By Viktoriia Lakezina and Max Hunder KHERSON, Ukraine (Reuters) – Ukrainians abandoned inundated homes on Wednesday as floods crested across the south after the destruction of a huge hydroelectric dam on front lines between Russian and Ukrainian forces, with their presidents trading blame for the disaster. Residents slogged through flooded streets carrying children on their…

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Senators ask U.S. Justice Dept to probe Binance statements to Congress

WASHINGTON (Reuters) – The U.S. Department of Justice should investigate whether cryptocurrency exchange Binance made false statements to Congress in a written response to lawmakers this year, two Democratic U.S. senators said in a letter released on Thursday. “This is a serious matter,” Senator Elizabeth Warren and Chris Van Hollen wrote in a letter to…

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Top U.S. diplomat welcomes Ethiopian pledge to investigate food aid diversion

WASHINGTON (Reuters) – Secretary of State Antony Blinken on Thursday welcomed the Ethiopian government’s commitment to investigate the diversion of American food aid away from people who needed it, the State Department said. The U.S. Agency for International Development (USAID) said earlier it was suspending food aid to Ethiopia after determining, in coordination with the…

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Massive fire as Sudanese factions battle for control of arms factory

KHARTOUM (Reuters) -A massive fire broke out on Wednesday near a military complex containing an arms factory in southern Khartoum that Sudan’s army has battled to defend in some of the fiercest fighting for weeks in its conflict with a rival faction, witnesses said. The paramilitary Rapid Support Forces (RSF), in the eighth week of…

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Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says

By Foo Yun Chee LUXEMBOURG (Reuters) – Amazon should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe’s top court said on Thursday, as she cited errors in the EU regulator’s assessment. The European Commission in its 2017 decision said Amazon paid no…

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South Korea vows support for its chip sector amid China-US tension

SEOUL (Reuters) -South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an “all-out war” amid heightened Sino-U.S. tension. Earlier in the day, Yoon met with about 60 industry leaders, lawmakers and ministers to discuss how to maintain South Korea’s lead in memory chips,…

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Yandex granted Nasdaq lifeline subject to Russia restructuring

By Alexander Marrow (Reuters) – Russian internet firm Yandex on Thursday said it had been granted permission to retain its Nasdaq Stock Exchange listing provided the restructuring and divestment of its Russian business is concluded by the end of 2023. Often dubbed “Russia’s Google”, Yandex is making progress on a corporate restructuring plan that should…

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