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China weighs stock market rescue package backed by $278 billion – Bloomberg News

(Reuters) – Chinese authorities are considering measures to stabilise a slumping stock market, Bloomberg News reported on Tuesday citing people familiar with the matter, drawing a sceptical response from underwhelmed investors. Policymakers are seeking to mobilise about 2 trillion yuan ($278.53 billion), mainly from offshore accounts of state-owned enterprises, as part of a stabilisation fund …

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Factbox-The Republican challenging Trump for the US presidential nomination

(Reuters) – Just one Republican candidate remains to challenge former President Donald Trump for the party’s nomination in the November 2024 U.S. presidential contest to take on President Joe Biden, a Democrat who is running for reelection. Here is a list of the Republican Party’s two candidates: DONALD TRUMP Trump has embraced his indictments in …

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Explainer-Why is Tuesday’s 2024 New Hampshire primary important?

(Reuters) – Contenders for the Republican presidential nomination will face off in the second contest of their nominating process on  Tuesday in New Hampshire, while Democrats compete there on the same day in a battle expected to be significantly less competitive. The Republican battle is down to two candidates – former President Donald Trump and …

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Death toll in China landslide rises to 25, rescuers search for missing

BEIJING (Reuters) – The death toll from a landslide in China’s Yunnan province rose to 25 late on Tuesday as rescue workers battled freezing temperatures and snow to locate dozens of missing people. Rescuers worked through the night sifting deep mounds of earth at the site of the landslide in Zhenxiong County, state-owned China Central …

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Low Carbon secures funds to begin constructing UK solar and battery portfolio

LONDON (Reuters) – Renewable energy company Low Carbon said on Tuesday it had secured the necessary funding for a 385 megawatt (MW) portfolio of solar and battery storage projects in Britain, enabling it to begin construction. Most of the projects will start construction early this year and are part of a 3 gigawatt pipeline of …

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Britain’s Labour aims to save billions of pounds with planned health reforms

LONDON (Reuters) – Britain’s main opposition Labour Party said it would aim to save 10 billion pounds ($12.71 billion) by cutting waste and reforming the health service if in power, saying this could free up cash to spend on frontline care. The state-run National Health Service (NHS) emerged from the COVID-19 pandemic in crisis, crippled …

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