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Philippines 2022 GDP growth quickest in over 4 decades, but outlook challenging

By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine economy ended 2022 with the fastest growth in over four decades underpinned by a robust final quarter, but analysts and policymakers warn that a global slowdown and soaring inflation will make for a difficult year ahead. Manila’s fourth quarter forecast-beating annual growth …

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Immigrant farm worker charged with 7 murders in northern California shooting

By Jorge Garcia and Steve Gorman REDWOOD CITY, Calif. (Reuters) -A 66-year-old immigrant farm worker was formally charged with premeditated murder on Wednesday in the fatal shooting of seven co-workers near San Francisco, the second of two gun rampages in California in recent days in which 18 people were killed. Chunli Zhao, a Chinese citizen …

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Accel, Tiger Global mull exiting India’s Flipkart in $1.5 billion stake sale – ET

(Reuters) -Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to sell their remaining stake in the company to parent Walmart Inc for about $1.5 billion, the Economic Times reported on Thursday. The stake, which collectively amounts to about 5%, would raise Walmart’s ownership in the …

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UNESCO designates Ukraine’s Odesa a World Heritage in Danger site

PARIS (Reuters) -The United Nations’ cultural agency, UNESCO, said on Wednesday that it had designated the historic centre of Odesa, a strategic port city on Ukraine’s Black Sea coast, a World Heritage in Danger site. Russia, which invaded Ukraine 11 months ago, denounced the designation, saying the only threat to Odesa came from the “nationalist …

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U.S. safety board chair rebukes Ethiopia over Boeing 737 MAX report

By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board (NTSB) has faulted Ethiopia’s final report into the March 2019 Boeing 737 MAX fatal jetliner crash and said that country’s investigators did not adequately address performance of the flight crew. NTSB chair Jennifer Homendy said in an interview on Tuesday that Ethiopia’s Aircraft Investigation …

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