Analysis-To convict Trump on hush money charges, prosecutors must get into his head

By Jack Queen and Luc Cohen (Reuters) – For prosecutors to win their unprecedented case against Donald Trump unveiled on Tuesday, they must meet the heavy burden of proving that the former U.S. president knowingly tried to cover up a crime by hiding a hush money payment. It’s a question of intent, legal experts said. …

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Federal probe launched in fatal police shooting of Black teen in Washington

By Kanishka Singh WASHINGTON (Reuters) – U.S. investigators opened a civil rights probe into last month’s fatal shooting of a Black teenager by a U.S. Park Police officer in Washington, they said on Wednesday, a day after body camera footage prompted the victim’s family to call for the shooter to be prosecuted and fired. Dalaneo …

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India central bank set to raise rates 25 bps on elevated inflation, keep hawkish stance

By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting and leave the door open for more increases to bring inflation back within its target range, economists said. A large majority of economists, 49 of 62, said the Reserve Bank of …

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China accounts for two thirds of world’s planned new coal power – research

SINGAPORE (Reuters) – China accounted for more than two thirds of the world’s proposed new coal-fired power by the end of 2022, with 366 gigawatts (GW) of additional capacity either being planned or under construction, research showed on Thursday. U.N. Secretary General Antonio Guterres has urged countries to stop building new plants and phase out …

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India’s power output grows at fastest pace in 33 years, fuelled by coal

By Matthew Chye and Carman Chew SINGAPORE (Reuters) -India’s power generation grew at the fastest pace in over three decades in the just-ended fiscal year, a Reuters analysis of government data showed, fuelling a sharp surge in emissions as output from both coal-fired and renewable plants hit records. Intense summer heatwaves, a colder-than-usual winter in …

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U.S. trade chief Tai defends pursuit of non-traditional trade deals

By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai on Wednesday defended the Biden administration’s decision not to pursue traditional free trade deals and argued her approach of working to ease non-tariff barriers is better for workers, supply chains and the U.S. ability to compete with China. In a policy speech at American University’s …

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Ousted Marvel Entertainment Chairman Ike Perlmutter to retain Disney shares

(Reuters) – Marvel Entertainment’s former chairman Ike Perlmutter on Wednesday said he will hold on to his Disney shares, a week after reports of his termination from the role. Reuters reported last Wednesday that Disney had laid off Perlmutter, 80, as part of a cost-cutting campaign. Perlmutter, however, told the Wall Street Journal that he …

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Western Alliance Bancorp’s deposits fall 11% on U.S. banking crisis fallout

By Manya Saini and Siddarth S (Reuters) – Western Alliance Bancorporation said on Wednesday its first-quarter deposits were 11% lower than at the end of 2022, as customers spooked by the sudden collapse of two U.S. mid-sized lenders pulled out funds. The stock slumped as much as 19% earlier Wednesday after the company gave a …

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