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Wealthy G7 nations gearing up for new volley of sanctions on Russia

BENGALURU (Reuters) – The Group of Seven nations are preparing new, further-reaching sanctions on Russia a year after its invasion of Ukraine, targeting key economic sectors and other countries or organisations who help Moscow’s war effort. Leaders of the bloc of developed nations will meet virtually on Friday with Ukrainian President Volodymyr Zelenskiy to mark …

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South African rand slips as financial watchdog flags risks

JOHANNESBURG (Reuters) – South Africa’s rand weakened against a stronger U.S. dollar on Friday, as an international financial crime watchdog added South Africa to its list of countries needing special scrutiny. At 1526 GMT, the rand traded at 18.4225 against the dollar, about 1% weaker than its previous close. The dollar index, which measures the …

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Flu experts gather with H5N1 risk on the agenda

By Jennifer Rigby LONDON (Reuters) -The world’s leading experts on influenza met this week to discuss the threat posed to humans by a strain of H5N1 avian flu that has caused record numbers of bird deaths around the world in recent months. The group of scientists, regulators and vaccine manufacturers meets twice a year to …

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China coal mine death toll rises to six, 47 missing

BEIJING (Reuters) -China’s Inner Mongolia region ordered inspections at all of its open-pit mines on Friday, after at least six people were killed in a landslide at a coal mine, with 47 others still missing. The mine, operated by small local firm Xinjing Coal Mining Co, collapsed in an avalanche of rock on Wednesday, leaving …

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U.S. FDA approves Sanofi’s bleeding disorder therapy

By Sriparna Roy and Khushi Mandowara (Reuters) -The U.S. Food and Drug Administration has approved Sanofi SA’s therapy to treat a type of inherited bleeding disorder known as hemophilia A and expects to launch it in the United States in April, the French drugmaker said on Thursday. Sanofi’s replacement therapy – Altuviiio – is entering …

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Factbox-Nigeria election 2023: what you need to know and what’s at stake

LAGOS (Reuters) -Voters in Africa’s biggest economy and most populous nation head to the polls on Saturday to elect a new president and lawmakers, in what is set to be a close contest amid rising frustration over cash and fuel shortages, unprecedented insecurity and surging inflation. President Muhammadu Buhari, who will complete his constitutionally allowed …

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U.S. billionaire financier Thomas Lee dies at 78, family says

By Greg Roumeliotis NEW YORK (Reuters) -American billionaire financier Thomas H. Lee, considered a pioneer of private equity investment and leveraged buyouts, died at the age of 78, his family said in a statement on Thursday, without noting the cause of his death. The New York Post, citing unidentified police sources, reported Lee was discovered …

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Top EU bodies, citing security, ban TikTok on staff phones

By Foo Yun Chee BRUSSELS (Reuters) -The European Union’s two biggest policy-making institutions have banned TikTok from staff phones for cybersecurity reasons, marking growing concerns about the Chinese short video-sharing app and its users’ data. TikTok, which is owned by Chinese firm ByteDance, is under scrutiny from governments and regulators because of concerns that China’s …

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R. Kelly’s 2nd conviction extends earlier 30-year sentence by a year

By Brendan O’Brien CHICAGO (Reuters) -A federal judge in Chicago on Thursday sentenced R. Kelly to one additional year in prison for his conviction on sex crimes, extending a 30-year sentence handed to the Grammy-winning R&B singer after an earlier trial in New York, local media reported. At a 90-minute hearing, Judge Harry Leinenweber of …

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Yellen, G7 urge more aid for Ukraine and adherence to Russia sanctions

By David Lawder and Aftab Ahmed BENGALURU (Reuters) – Finance ministers from the United States and its G7 allies called for more financial support for Ukraine on Thursday and vowed to maintain tough sanctions on Russia on the eve of the first anniversary of Moscow’s invasion. Speaking ahead of a meeting of the Group of …

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