Eighth person rescued from collapsed building in Iowa; fatalities unlikely

By Daniel Trotta (Reuters) – Search and rescue teams working throughout the night rescued an eighth victim from an apartment building that collapsed in Davenport, Iowa, officials said on Monday. The city’s mayor and fire chief told reporters they believe the incident will end without any fatalities. A center section of the six-story building with…

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India files graft case against BAE Systems, Rolls-Royce

By Krishn Kaushik NEW DELHI (Reuters) -India has filed a graft case against Britain’s BAE Systems plc and Rolls-Royce Holdings for “criminal conspiracy” in the procurement and licensed manufacturing of 123 advanced jet trainers, a federal police document showed. The case is based on the findings of an investigation launched by India’s Central Bureau of…

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Vatican chastises bishops who stoke division on social media

By Philip Pullella VATICAN CITY (Reuters) – The Vatican urged bishops and high-profile lay Catholic leaders on Monday to tone down their comments on social media, saying some were causing division and stoking polemics that harmed the entire Church. The appeal was part of a 20-page document by the Vatican’s communications department titled, “Towards Full…

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Eastern Canada’s Halifax declares emergency over wildfire, shutting schools

(Reuters) – The eastern Canadian city of Halifax declared a state of local emergency late on Sunday after a wildfire caused evacuations and power outages, with authorities shutting several schools in the affected area. The Halifax Regional Municipality has set up temporary accommodation for people fleeing the fire, and reminded residents in early on Monday…

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European shares slip, but debt ceiling deal buoys U.S. futures

By Elizabeth Howcroft LONDON (Reuters) -European stock indexes edged lower on Monday and euro zone bond yields dropped, but news that the U.S. had reached a debt ceiling deal over the weekend kept Wall Street futures positive. U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal on Saturday to raise…

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Explainer-What is the U.S. debt ceiling?

By Jason Lange WASHINGTON (Reuters) – The U.S. is rapidly approaching the deadline for Congress to pass a deal, reached over the weekend by Democratic President Joe Biden and top congressional Republican Kevin McCarthy, to suspend the government’s $31.4 trillion debt ceiling or risk a catastrophic default. WHEN WAS THE DEBT CEILING REACHED? Washington regularly…

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