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Google vows to cooperate with India antitrust watchdog after Android ruling

By Aditya Kalra NEW DELHI (Reuters) -Google said on Friday it will cooperate with India’s competition authority after the Supreme Court upheld stringent antitrust directives forcing the U.S. firm to change how it markets its popular Android platform in a key growth market. The Competition Commission of India (CCI) ruled in October that Google, owned …

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Car drove into barricade outside Bankman-Fried’s home, lawyers say

By Luc Cohen NEW YORK (Reuters) – A car drove into a metal barricade outside Sam Bankman-Fried’s home in California, his lawyers said on Thursday, in a recent incident they said underscores the security risks faced by the FTX founder and those ensuring his return to court. In a filing in Manhattan federal court, lawyers …

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Indian shares end lower; global growth concerns, weak earnings weigh

BENGALURU (Reuters) -Indian shares fell on Friday as traders parsed through key corporate earnings amidst concerns of a global economic slowdown, but held on to weekly gains on a rise in financial stocks. The Nifty 50 index closed 0.44% lower at 18,027.65, while the S&P BSE Sensex fell 0.39% to 60,621.77. “Hawkish comments from global …

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U.S. FAA says ‘unintentionally deleted files’ prompted computer outage

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) said on Thursday a preliminary review found that contract personnel “unintentionally deleted files” disrupting a key computer system and prompting a nationwide groundstop on Jan. 11 that disrupted more than 11,000 flights. The FAA said the issue occurred while personnel were working “to correct synchronization …

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Alec Baldwin to be charged with involuntary manslaughter over ‘Rust’ shooting

By Andrew Hay and Brendan O’Brien TAOS, N.M. (Reuters) -Actor Alec Baldwin will be charged with involuntary manslaughter, a felony punishable by prison time, in the fatal 2021 shooting of cinematographer Halyna Hutchins while filming the movie “Rust” in New Mexico, a state prosecutor said on Thursday. District Attorney Mary Carmack-Altwies, the top prosecutor for …

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JPMorgan, Standard Chartered win approval to expand in China

SHANGHAI (Reuters) – JPMorgan and Standard Chartered won Chinese regulatory approval on Thursday to expand operations in China as it encourages expansion by foreign companies after lifting its restrictive COVID-19 policies. China is speeding up the process of granting permission to foreign institutions to boost the confidence of overseas investors as part of efforts to …

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Jacinda Ardern steps aside as NZ PM with ‘no more in the tank’

By Lucy Craymer WELLINGTON (Reuters) -New Zealand Prime Minister Jacinda Ardern on Thursday made a shock announcement that she had “no more in the tank” to lead the country and would step down and not seek re-election. Ardern, holding back tears, said it had been a tough five and a half years as prime minister …

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Davos 2023-‘Open for business’ Labour slams PM Sunak no-show

By Brenda Goh DAVOS, Switzerland (Reuters) – British Labour Party leader Keir Starmer set out his green growth plan in Davos on Thursday and criticised British Prime Minister Rishi Sunak for not showing up at the annual meeting of the World Economic Forum. Starmer, whose left-leaning opposition party is riding high in polls before an …

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DAVOS 2023-UAE and India discussing settling non-oil trade in rupees

By Maha El Dahan DAVOS (Reuters) – The United Arab Emirates is in early discussions with India to trade non-oil commodities in Indian rupees, Emirati Minister for Foreign Trade Dr Thani Al Zeyoudi said on Thursday. The UAE signed a wide-ranging free trade agreement last year with India, which, along with China, is among the …

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India likely to keep lid on sugar exports as output dips- sources

By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) -India is not looking at allowing more sugar exports, government and industry officials said on Thursday, dampening speculation that the world’s biggest producer of the sweetener would permit a second tranche of overseas shipments. India, the world’s biggest sugar exporter after Brazil, exported a record 11 …

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