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Factbox-When might the U.S. default? Timeline of key events in debt limit battle

By Gram Slattery and Karen Brettell (Reuters) – Just days into a new sitting of the U.S. Congress, lawmakers are confronting what will be perhaps the most pivotal legislative issue of 2023: the national debt limit. Here are some key moments in the months ahead: FEB. 1 The Treasury Department will release a quarterly document …

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Maybank, ADIA snap up shares in Adani’s secondary share offering

By Aditya Kalra and Chris Thomas NEW DELHI (Reuters) – Marquee investors Maybank Securities and Abu Dhabi Investment Authority picked up stake in Adani Enterprises’ $2.45 billion secondary share offering on Wednesday, which coincided with a short-seller report that slammed the shares of Adani Group companies. The anchor portion of the share sale, India’s largest …

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North Korea locks down capital city over ‘respiratory illness’

SEOUL (Reuters) -Authorities in the North Korean capital Pyongyang have ordered a five-day lockdown due to rising cases of an unspecified respiratory illness, the Russian embassy and Seoul-based NK News reported on Wednesday, citing a government notice. The notice, shared by the embassy on its Facebook page, said that a “a special anti-epidemic period has …

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UK needs German lesson in equality, northern English leaders say

By Andy Bruce MANCHESTER, England (Reuters) – Britain should take a lesson from Germany to address huge disparities between the wealthy southeast of England and elsewhere, leaders of northern English cities and regions said ahead of a regional conference on Wednesday. Academics have long singled out Britain for high levels of regional inequality compared to …

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Indonesia’s Pertamina to adjust refinery investment plans amid energy shift

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) -The refinery arm of Indonesian state energy firm Pertamina is redesigning its refinery expansion plans to meet shifting demands from a transition towards renewable energy, its chief executive said on Tuesday. Under Pertamina’s 2015 refinery development plan, the company aims to upgrade four of its biggest refineries …

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