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Blinken says Kosovo, Serbian leaders face ‘difficult compromises’

BELGRADE (Reuters) – Kosovo and Serbian leaders will have to make “difficult compromises” to resolve outstanding issues and normalise their relations, U.S. Secretary of State Antony Blinken said on Wednesday. U.S. and EU envoys are pressing the countries to approve a peace plan presented in mid-2022 under which Belgrade would stop lobbying against Kosovo having …

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Most Americans think college admissions should not consider race -Reuters/Ipsos poll

By Gabriella Borter (Reuters) – Sixty-two percent of Americans say race and ethnicity should not be considered at all in college admissions, according to new Reuters/Ipsos polling on policies at the center of high-profile cases before the U.S. Supreme Court this spring. The public opinion poll, which surveyed 4,408 adults from Feb. 6-13, found that …

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TSMC approves capital injection of $3.5 billion for Arizona factory

TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Tuesday its board had approved a plan of capital injection of up to $3.5 billion to TSMC Arizona. TSMC in December tripled its planned investment at the Arizona chip plant, which began construction late last year, to $40 billion. The company said the capital injection is part …

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Man hit by truck driver in Brooklyn rampage dies of head injury

NEW YORK (Reuters) -One of nine people struck when a man drove a rented U-Haul truck into pedestrians in New York City died from his injuries on Tuesday, police said, as the driver was charged with murder and attempted murder. The suspect, identified by police as 62-year-old Weng Sor of Las Vegas, has been accused …

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Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit

By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance from its hardware stores, sending its shares higher. The result from Australia’s 12th-largest company by market capitalisation showed the benefit of a diversification strategy spanning …

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Australia’s Fortescue FFI sees Texas potential among 5 key projects

MELBOURNE (Reuters) – Australia’s Fortescue Metals Group sees green hydrogen production in Texas as likely to be one of five key projects its energy division will decide to invest in this year, the company’s green energy chief said on Wednesday. The world’s fourth largest iron ore maker is expanding into production of hydrogen from renewable …

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Arizona truck spill of toxic acid closes interstate highway

(Reuters) – A tanker truck hauling nitric acid overturned on an interstate highway near Tucson, Arizona, on Tuesday, causing a leak of its highly toxic, volatile cargo in a fiery wreck that shut down the road for hours, authorities said. The Arizona Department of Public Safety urged residents nearby to remain inside and said first …

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U.S. Senator Casey has surgery for prostate cancer

(Reuters) – U.S. Senator Bob Casey underwent surgery for prostate cancer on Tuesday, his office said, adding that the procedure went well and should mean that he will not require further treatment. Casey, the senior U.S. senator from Pennsylvania, announced in January that he had been diagnosed with prostate cancer and would require surgery. The …

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Australian central bank governor warns against failing to contain inflation

SYDNEY (Reuters) – The head of Australia’s central bank on Wednesday warned of dire consequences of not containing inflation, which is running at three-decade highs. Appearing before members of parliament, Reserve Bank of Australia Governor Philip Lowe said one risk was that the bank might not have done enough on interest rates. “Inflation at the …

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Australia’s CBA posts record HY profit, outlook hits shares

By Praveen Menon and Savyata Mishra (Reuters) -Rising interest rates helped Commonwealth Bank of Australia deliver record profits on Wednesday, but shares of the lender dropped on headwinds facing its mortgages business and concerns its margins may have peaked. Australia’s biggest lender said loan impairment expenses increased by A$586 million ($409 million) and business credit …

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