U.S. judge considers whether Terraform Labs’ cryptocurrencies were securities

By Jody Godoy (Reuters) – A U.S. judge considered whether the digital assets created by Terraform Labs were securities at a hearing on Thursday, a question central to the U.S. Securities and Exchange Commission’s fraud case against the company and its founder Do Kwon. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled…

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Analysis-Australia’s top companies back Indigenous Voice as public support wavers

By Byron Kaye, Melanie Burton and Praveen Menon SYDNEY (Reuters) – Some of Australia’s biggest companies, including miners, banks and retailers, are emerging as powerful sources of support for a campaign to recognise the country’s Indigenous people in the constitution, a development that could sway the outcome of a referendum later this year. The advocacy…

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Pope Francis leaves hospital ‘in better shape than before’

By Philip Pullella and Cristiano Corvino ROME (Reuters) -Pope Francis was discharged from hospital on Friday morning, nine days after surgery to repair an abdominal hernia, and his doctor said he was stronger than before. The 86-year-old pontiff left Rome’s Gemelli hospital in a wheelchair, smiling and waving to reporters and well-wishers at the main…

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Putin thanks UAE leader for Ukraine help, hails growing economic ties

By Andrew Osborn (Reuters) – Russian President Vladimir Putin on Friday thanked the president of the United Arab Emirates for his efforts in freeing prisoners of war in Ukraine and hailed what he said were expanding economic ties between Moscow and Abu Dhabi. Putin made the comments during talks with UAE President Sheikh Mohammed bin…

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Climate and Ukraine loom over supply-strained Paris Airshow

By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – Global aerospace and defence companies will tout the cleaner transport and robotic weapons of the future as they also tackle urgent supply bottlenecks at next week’s Paris Airshow, taking place under the shadow of climate fears and a war economy. The world’s…

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India’s Modi to address FedEx, Mastercard, other US CEOs at Kennedy Center -source

By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – Indian Prime Minister Narendra Modi will meet the CEOs of top American companies including FedEx, MasterCard and Adobe during his trip to the United States for an official state visit, a source with knowledge of the matter said. The CEO reception with more than 1,200 participants,…

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Analysis-Biden’s IRA climate bill won’t cut deficit as expected

By Jarrett Renshaw (Reuters) – When President Joe Biden signed his signature Inflation Reduction Act last August, he hailed the collection of green energy tax credits as a major victory for climate change, and flagged “another win” for the American people: cutting the deficit. “We’re cutting the deficit to fight inflation by having the wealthy…

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