Is this solar panel American? Companies eyeing US subsidy await rules

By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in large part on rules his administration will soon release defining what it means for a product to be American-made, according to industry officials. The Biden administration’s Inflation Reduction Act is offering billions of dollars in…

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China says it respects sovereignty of ex-Soviet states, after EU uproar

By Ingrid Melander and Andrew Gray LUXEMBOURG (Reuters) -China respects the status of former Soviet member states as sovereign nations, its foreign ministry said on Monday, distancing itself from comments by its envoy to Paris that triggered an uproar among European capitals. Several European Union foreign ministers had said comments by ambassador Lu Shaye –…

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Tech companies to highlight AI in earnings; investors focus on profits

By Nivedita Balu and Tiyashi Datta (Reuters) – U.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction. Microsoft Corp and Google parent Alphabet Inc kick off earnings for the companies on…

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Factbox-Foreign states evacuate citizens from Sudan

KHARTOUM (Reuters) – Sudan’s conflict between the army and a paramilitary group called the Rapid Support Forces (RSF) has prompted foreign countries to race to extract their diplomats and citizens. Several countries evacuated nationals by air, while some went via Port Sudan on the Red Seaabout 800 km (500 miles) by road from Khartoum. This…

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Explainer-What is happening in Sudan? Fighting in Khartoum explained

By Aidan Lewis and Khalid Abdelaziz KHARTOUM (Reuters) – Fighting in Sudan since April 15 has killed hundreds of people, sparked a humanitarian crisis with thousands fleeing their homes and prompted foreign countries to evacuate their citizens for fear of an all-out civil war in an already unstable region. WHAT TRIGGERED THE VIOLENCE? Tension had…

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Explainer-Why are Ecuador lawmakers trying to impeach President Lasso?

QUITO (Reuters) – Ecuadorean opposition lawmakers and President Guillermo Lasso – or his lawyer – are scheduled to testify this week in impeachment hearings that could see the conservative former banker censured and removed from office. WHAT IS THE PRESIDENT ACCUSED OF? Lasso, who has an antagonistic relationship with lawmakers, is accused of political responsibility…

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