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Suicide blast kills at least five outside Afghan foreign ministry

KABUL (Reuters) -A suicide bomber killed at least five people outside the Afghan foreign ministry on Wednesday, police said, and a nearby hospital said over 40 people were wounded. Kabul police spokesperson Khalid Zadran said the official confirmed death toll was five. Ustad Fareedun, an official at the Taliban-run information ministry, said 20 people were killed. …

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Failed crypto exchange FTX has recovered over $5 billion, attorney says

By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, an attorney for the company told a U.S. bankruptcy court on Wednesday. The company, …

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Euro ekes out 7-month high against dollar ahead of U.S. inflation data

By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held within a narrow range as traders avoided making big moves ahead of U.S. inflation data on Thursday, which may offer a clearer picture of where interest rates are headed. The euro touched $1.07765, its highest …

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Gold off 8-month highs as markets brace for U.S. inflation data

By Seher Dareen (Reuters) – Gold prices held steady after touching an eight-month peak on Wednesday as investors positioned themselves ahead of U.S. inflation data that could influence the Federal Reserve’s policy path. Spot gold was steady at $1,877.51 per ounce by 1:40 p.m. ET (1840 GMT). U.S. gold futures settled up 0.1% at $1,878.9. …

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Rape victim testifies in Swiss court as Liberian war criminal appeals conviction

By Emma Farge BELLINZONA, Switzerland (Reuters) -A woman cried on Wednesday as she testified to a Swiss court that a former Liberian rebel commander had raped her repeatedly during the country’s civil war, on the first day of his appeal to overturn 22 convictions for war crimes. While Alieu Kosiah is appealing the 2021 ruling …

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Tata Motors looks to expand electric car portfolio, add pricier models

By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said on Wednesday, as it looks to cement its lead as the top selling electric vehicle (EV) company in India. The carmaker will also offer …

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S.African rand firms as dollar retreats ahead of U.S. inflation data

JOHANNESBURG (Reuters) -South African rand firmed on Wednesday, as the dollar weakened on global markets with investors awaiting U.S. consumer price data due tomorrow. At 1535 GMT, the risk-sensitive rand traded at 16.9800 against the dollar, 0.19% stronger than its previous close. The dollar index, which measures the greenback against six major rivals, was last …

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Australian Cardinal George Pell, acquitted of child sex abuse, dead at 81

By Philip Pullella and Sonali Paul ROME (Reuters) -Australian Cardinal George Pell, a leading Roman Catholic conservative and former top Vatican official who was acquitted in 2020 of sexual abuse accusations, died on Tuesday at the age of 81, his private secretary said. Fr. Joseph Hamilton told Reuters Pell died in a Rome hospital on …

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World Bank warns global economy could tip into recession in 2023

(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth) By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes …

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Uniqlo owner gives Japan Inc a jolt with 40% wage hike

By Rocky Swift TOKYO (Reuters) – Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan’s rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting. The move by the casual clothing giant is likely to heighten focus on …

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