Russian law against ‘child-free propaganda’ clears first hurdle in parliament

By Mark Trevelyan LONDON (Reuters) -Laws that would ban “propaganda” which discourages Russians from having children won overwhelming approval on Thursday in the first stage of their passage through parliament, part of a Kremlin drive to boost the country’s flagging birth rate. The move to outlaw content that is deemed to promote a child-free lifestyle …

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Harris or Trump, next president will have less impact on shape of US judiciary

By Nate Raymond (Reuters) – No matter which candidate wins the U.S. presidential election, Kamala Harris and Donald Trump will face one similar reality: fewer opportunities to reshape the federal judiciary. By the time Democratic President Joe Biden leaves office, he and Trump, his Republican predecessor, will have within just eight years appointed about half …

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India’s Axis Bank posts Q2 profit beat on strong credit demand

By Nishit Navin BENGALURU (Reuters) – India’s Axis Bank reported a higher-than-expected second-quarter profit on Thursday, helped by an increase in core lending income. The country’s fourth-largest private lender by market value said its standalone net profit, which excludes its subsidiaries, rose 18% to 69.18 billion rupees ($823.25 million) for the quarter ended Sept. 30. …

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Infosys, Wipro revenue forecasts fail to impress investors

By VarunVyas Hebbalalu, Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) -Indian software services providers Infosys and Wipro issued revenue forecasts below analysts’ expectations, suggesting a broad-based recovery in global tech spending was yet to take hold. U.S.-listed shares of Infosys, which have gained more than 35% in the past six months, fell 2.5% as …

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Cuba accuses US of half-hearted investigation into 2023 embassy attack

By Dave Sherwood HAVANA (Reuters) – Cuba accused the United States late on Wednesday of a half-hearted investigation into a 2023 attack on the Communist-run nation’s embassy in Washington, D.C., further souring already-bitter relations between the neighboring countries. A man in dark clothing hurled two Molotov cocktails at the Cuban embassy in Washington in September …

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US business inventories rise in August on retail stocks

WASHINGTON (Reuters) – U.S. business inventories increased in August, lifted by stocks at retailers, government data showed on Thursday. Inventories rose 0.3% after a similar gain in July, the Commerce Department’s Census Bureau said. The increase in inventories, a key component of gross domestic product, was in line with economists’ expectations. Inventories advanced 2.4% on …

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Meta partners with Hollywood’s Blumhouse to test out its AI movie generation model

By Katie Paul NEW YORK (Reuters) – Facebook owner Meta said on Thursday it had teamed up with Blumhouse Productions, the Hollywood company behind popular horror films such as “The Purge” and “Get Out,” to put its new generative AI video model Movie Gen to the test. The announcement comes after Meta unveiled Movie Gen, …

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Boeing strike, Hurricane Helene weigh on US industrial production

WASHINGTON (Reuters) – U.S. industrial production fell in September, weighed down by a strike at Boeing and two hurricanes, including Helene. Industrial output dropped 0.3% last month after a downwardly revised 0.3% gain August, the Federal Reserve said on Thursday. Economists polled by Reuters had forecast industrial production falling 0.2% after a previously reported 0.8% …

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