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U.S., India partnership targets arms and AI to compete with China

By Trevor Hunnicutt WASHINGTON (Reuters) -The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence (AI). Washington wants to deploy more Western mobile phone networks in the subcontinent to counter China’s Huawei Technologies Co Ltd, …

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Baldwin charged for ‘reckless acts’ leading to ‘Rust’ shooting

By Andrew Hay (Reuters) -Actor Alec Baldwin was charged with involuntary manslaughter on Tuesday for showing a “reckless” disregard for safety that led to the fatal shooting of cinematographer Halyna Hutchins on the set of the Western movie “Rust” in New Mexico in 2021, according to court documents. District Attorney Mary Carmack-Altwies filed charges following …

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India’s Jindal Steel and Power says enquiries from European buyers on the rise

By Neha Arora NEW DELHI (Reuters) -India’s Jindal Steel and Power Ltd (JSP) has received a flurry of enquiries from European buyers seeking finished steel products, indicating an uptick in exports in the current quarter through March, a senior company executive said on Tuesday. His comments come after JSP reported a nearly 68% drop in …

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U.S. and allies mark anniversary of Myanmar coup with more sanctions

By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) -The United States and its allies imposed further sanctions on Myanmar on Tuesday, marking the two-year anniversary of a military coup with curbs on energy officials and junta members, among others. Washington imposed sanctions on the Union Election Commission, mining enterprises and energy officials, among others, according …

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Wall St gains over 1% after encouraging inflation data with Fed next

By Lewis Krauskopf, Johann M Cherian and Shreyashi Sanyal NEW YORK (Reuters) – Major U.S. stock indexes closed over 1% higher on Tuesday as labor cost data encouraged investors about the Federal Reserve’s aggressive approach to taming inflation a day ahead of the central bank’s critical policy decision. Investors also digested a full plate of …

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Veterans of 2011 U.S. debt-ceiling fight see tougher battle ahead

By Andy Sullivan WASHINGTON (Reuters) – A Democratic president. A new Republican majority in the U.S. House of Representatives pushing for sharp spending cuts. A rapidly growing pile of debt – and a showdown that threatens to throw the global economy into turmoil. Sound familiar? Those elements driving the debate over raising the federal government’s …

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Trump kicks off campaign with low-key events in New Hampshire, South Carolina

By Gram Slattery and Ted Hesson COLUMBIA, South Carolina (Reuters) -Former U.S. President Donald Trump hit the campaign trail on Saturday for the first time since announcing his bid to reclaim the White House in 2024, visiting two early-voting states and brushing aside criticism that his run was off to a slow start. “I’m more …

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Memphis disbands police unit after fatal beating as protesters take to streets

By Maria Cardona and Diane Bartz MEMPHIS, Tenn. (Reuters) -The specialized police unit that included the five Memphis officers charged with the fatal beating of Tyre Nichols was disbanded on Saturday as more protests took place in U.S. cities a day after harrowing video of the attack was released. The police department said in a …

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