Equities gain as investors look for cooler inflation, Fed ‘pause’

By Sinéad Carew and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks gained ground, hitting their highest level in more than a year on Monday, while U.S. Treasury yields and the dollar were virtually unchanged ahead of key U.S. inflation readings and interest rate decisions later this week from the U.S. Federal Reserve and other…

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Judge in Trump criminal hush-money case can stay, NY ethics panel signals

By Karen Freifeld NEW YORK (Reuters) – A New York judicial ethics committee signaled that the state judge overseeing the criminal case against former President Donald Trump over hush money payments to a porn star will not need to recuse himself as Trump has requested. The one-page opinion released on Saturday by New York’s Advisory…

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Americans should prepare for cyber sabotage from Chinese hackers, US official warns

By Raphael Satter WASHINGTON (Reuters) – Chinese hackers are all but certain to disrupt American critical infrastructure, such as pipelines and railways, in the event of a conflict with the United States, a senior U.S. cybersecurity official said Monday. In comments made during an appearance at the Aspen Institute in Washington, Cybersecurity and Infrastructure Security…

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Jury finds Berkshire’s PacifiCorp unit liable in 2020 Oregon wildfires

By Jonathan Stempel (Reuters) – An Oregon jury on Monday found the utility PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway Inc, liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020. Jurors in Portland, where PacifiCorp is based, awarded more than $73 million of compensatory…

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France to intensify arms delivery to help Ukraine counter-offensive -Macron

PARIS (Reuters) – French President Emmanuel Macron on Monday said that a long-anticipated Ukrainian counter-offensive against occupying Russian forces had started, and he promised more military aid to the Kyiv government. At a press conference after a meeting with Polish and German leaders, the so-called Weimar Triangle, Macron said: “We have done everything to help…

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JPMorgan settles with Jeffrey Epstein victims for $290 million

By Nupur Anand, Lananh Nguyen, Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein’s victims, resolving a large part of litigation over the bank’s relationship with the disgraced financier. Monday’s settlement follows months of embarrassing disclosures that JPMorgan ignored…

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Tennis-Grand Slam king Djokovic wins 23rd crown by conquering Ruud at French Open

By Shrivathsa Sridhar PARIS (Reuters) – An unstoppable Novak Djokovic https://www.reuters.com/sports/tennis/french-open-mens-singles-champion-novak-djokovic-2023-06-11/ roared to a record 23rd https://www.reuters.com/lifestyle/sports/novak-djokovics-run-22-grand-slam-titles-2023-01-29/ Grand Slam singles title at the French Open on Sunday to stand alone at the summit of men’s tennis with a 7-6(1) 6-3 7-5 victory over fourth seed Casper Ruud in the final. The 36-year-old Serbian drew level…

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U.S. West Coast port labor skirmishes simmer; contract still elusive

By Lisa Baertlein (Reuters) – West Coast seaport employers on Monday criticized worker absences, which they said were slowing work at some of the nation’s busiest ports, as unions press for a bigger share of record profits reaped when cargo shipments surged during the pandemic. West Coast ports stretching from California to Washington state are…

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Sudan war traps civilians after ceasefire ends

KHARTOUM (Reuters) -Air strikes, artillery and gunfire rocked several areas of Sudan’s capital on Monday as fighting between warring factions intensified for a second day, trapping civilians in a worsening humanitarian crisis. The war between the country’s army and paramilitary Rapid Support Forces (RSF) has raged for almost two months, forcing almost 2 million to…

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