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Ex-Barclays duo agree Panmure and Liberum investment bank merger

By Yadarisa Shabong and Chandini Monnappa (Reuters) -Former Barclays veterans Bob Diamond and Rich Ricci have agreed an all-share merger of Panmure Gordon and UK rival Liberum, the firms said on Tuesday, creating Britain’s largest independent investment bank amid an extended dealmaking slump. The merger is intended to steer the enlarged group through challenging times …

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Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets

(Reuters) – The U.S. aviation regulator on Friday extended the grounding of Boeing’s top-selling 737 MAX 9 airplanes indefinitely for new safety checks after a panel blew off an Alaska Airlines, forcing pilots to make an emergency landing on Jan. 5. The Federal Aviation Administration (FAA) said 40 jets must be reinspected before it will …

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China warns Philippines not to ‘play with fire’ over president’s Taiwan remarks

BEIJING/MANILA (Reuters) -China summoned the ambassador from the Philippines on Tuesday and warned the country “not to play with fire” after President Ferdinand Marcos Jr congratulated Taiwan’s president-elect Lai Ching-te on his election victory. China was “strongly dissatisfied with and resolutely opposes these remarks,” its foreign ministry spokesperson said, referring to Marcos congratulating Lai on …

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President Tshisekedi’s ruling party leads in Congo legislative election

(This Jan. 14 story has been corrected to reflect changes to the official tally from the election commission in paragraphs 1 and 4) By Ange Kasongo KINSHASA (Reuters) – Democratic Republic of Congo President Felix Tshisekedi’s UDPS party won 69 seats in the December parliamentary election, placing it ahead of over 40 other parties that …

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US decries Nauru’s ‘unfortunate’ ditching of Taiwan, warns on China’s promises

By Ben Blanchard TAIPEI (Reuters) -The U.S. official who heads the body that handles unofficial ties with Taiwan on Tuesday decried Nauru’s “unfortunate” decision to break ties with Taipei shortly after an election and warned that Beijing’s promises often go unfulfilled. The Pacific, where tiny Nauru is located, has become a source of intense competition …

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Tanzania withdraws approval for Kenya Airways flights

NAIROBI (Reuters) -Tanzania has withdrawn approval for Kenyan national carrier Kenya Airways to operate flights between the Kenyan capital Nairobi and Dar es Salaam, Tanzania’s commercial capital, its civil aviation authority said on Monday. Tanzania said the decision was taken in retaliation for Kenya’s denial of rights to Tanzania national carrier Air Tanzania to operate …

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