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Health experts warn of emerging threat of Nipah virus

LONDON (Reuters) – A deadly virus called Nipah carried by bats has already caused human outbreaks across South and South East Asia and has “serious epidemic potential”, global health and infectious disease specialists said on Monday. The virus, identified in 1... More »

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Burst of social unrest tests emerging market risk models

LONDON (Reuters) – A wave of social unrest across developing countries this year has caught many investors off-guard and is challenging models designed to gauge political risk for investors, prompting some to pull money out. That has led to worries that a with... More »

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Britain to honor its dead with vigil after London Bridge attack

LONDON (Reuters) – Britain will on Monday honor the two people who were killed when a militant knife man went on a stabbing spree near London Bridge in an attack that has thrust criminal justice to the center of the election campaign. Jack Merritt, 25, and Sas... More »

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India courts private hospitals to boost insurance program

NEW DELHI (Reuters) – India will offer incentives to private hospitals to take part in the government’s health insurance program, potentially the biggest of its kind in the world, a senior government official told Reuters. Launched last year, the scheme is cri... More »

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India plans strategic stake sales in 28 state-run companies: minister

NEW DELHI (Reuters) – India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies including state carrier Air India [AIN.UL], junior finance minister Anurag Singh Thakur told lawmakers on Monday. The government ... More »

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Asian airlines slash flights to Hong Kong as unrest escalates

SYDNEY (Reuters) – Several Asian airlines have cut flights to Hong Kong over the coming weeks, an industry scheduling publication showed, as anti-government protests in the city grow increasingly violent and disrupt daily life. Routes Online said the latest sc... More »

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Russian military exports unaffected by sanctions: Rostec CEO

DUBAI (Reuters) – Russia’s military export sales have not fallen despite U.S. sanctions, the head of state conglomerate Rostec said on Monday. Rostec, whose business includes weapons manufacturer Kalashnikov as well as Russian Helicopters and United Aircraft C... More »

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India makes advance payment for Russian missile system: Rostec CEO

DUBAI (Reuters) – India has made an advance payment of $800 million for Russia’s S-400 anti-aircraft missile systems, the head of Russian conglomerate Rostec Sergey Chemezov told reporters on Monday. Chemezov said negotiations were underway and a contract with... More »

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TikTok owner ByteDance plans to launch music streaming: FT

(Reuters) – TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music, Sony Music and Warner Music – for global licensing deals to include their songs on its new music subscription service, the Financial Times reporte... More »

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Made in China: Samsung farms out more phones to fend off rivals

SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung El... More »

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Novartis sickle-cell drug gets U.S. FDA approval

(The Nov 16 story corrects to clarify in second graph that patients will be infused by a healthcare provider.) By John Miller and Carl O’Donnell (Reuters) – Novartis AG on Friday won U.S. approval for its experimental sickle cell disease drug, Adakveo, making ... More »

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Lebanese bank employee union calls strike over safety concerns

BEIRUT (Reuters) – A Lebanese bank employees’ union called on bank staff to go on strike from Tuesday because of safety concerns, the president of the Federation of Syndicates of Banks Employees said. George al Hajj said the decision had been taken on Monday a... More »

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Bangladeshis hunker down in storm shelters as cyclone Bulbul nears

DHAKA (Reuters) – Thousands of Bangladeshis, mostly women and children, huddled in shelters in southwestern coastal areas on Saturday as the country prepared for the expected arrival of cyclone Bulbul, a senior government official said. Several coastal distric... More »

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Asia-wide trade pact on course despite India, Thailand says

BANGKOK (Reuters) – Asian countries held conclusive talks on what could be the world’s biggest trade pact and there will be an announcement of success at a summit in Bangkok, despite doubts raised by India, the Thai hosts said on Monday. But questions still hu... More »

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India to continue talks on RCEP trade deal: Australian minister

BANGKOK (Reuters) – India is going to continue talks on an Asia-wide trade deal that is being discussed at a summit of regional leaders in Bangkok and which Thailand has said will be signed next year, Australia’s trade minister said on Monday. The comments thr... More »

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Thailand says new Asian trade deal to be signed in 2020

BANGKOK (Reuters) – Thailand said on Sunday that Southeast Asian nations are committed to signing a pact by February 2020 on forging what could become the world’s largest trade bloc, even after new demands by India dealt a blow to the process backed by China. ... More »

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Talks on Asian trade deal ‘conclusive’, Thai minister says

BANGKOK (Reuters) – Talks to agree what could be the world’s biggest trade bloc were conclusive and an announcement on their success will be made later on Monday, Thailand’s commerce minister said on Monday. The prospects of reaching agreement on the 16-nation... More »

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Netflix and Amazon face censorship threat in India: source

NEW DELHI/MUMBAI (Reuters) – India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters. While film and TV certification bodies already moderate public content in India, the... More »

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Trio wins economics Nobel for science-based poverty fight

STOCKHOLM (Reuters) – U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work fighting poverty that has helped millions of children by favoring practical steps over theory. French-American D... More »

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Indian-born Nobel prize-winner comes from ‘family of economists’

NEW DELHI (Reuters) – Indian politicians and academics cheered the Nobel economics prize awarded on Monday to Indian-born American Abhijit Banerjee, whose proud mother told visitors crowding into her apartment that he came from “a family of economists”. Nirmal... More »

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Malaysia considers total vaping ban after reports of U.S. deaths

KUALA LUMPUR (Reuters) – Malaysia is considering banning the sale of electronic cigarettes, its health minister said on Monday, citing growing reports of deaths in the United States linked to e-cigarettes and vaping. As of Friday, U.S. authorities had reported... More »

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Vaping illness, deaths likely very rare beyond U.S., experts say

LONDON (Reuters) – E-cigarette or vaping-linked lung injuries that have killed 29 and sickened more than 1,000 people in the United States are likely to be rare in Britain and other countries where the suspect products are not widely used, specialists said on ... More »

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India’s Supreme Court halts tree felling for new Mumbai metro

NEW DELHI/MUMBAI (Reuters) – India’s Supreme Court on Monday ordered a halt to the cutting of trees in financial capital Mumbai for an ambitious subway project that has sparked protests from activists opposed to the felling to build a train parking shed. “We d... More »

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As Softbank’s Oyo booms, some Indian hotels cry foul and check out

BENGALURU (Reuters) – India’s Oyo Hotels and Homes shot out of nowhere to become one of the world’s largest hotel chains with a simple promise of “hassle-free” online booking, transparent pricing and cheerful lodging. But as the Softbank-backed (9984.T) startu... More »

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Saudi Arabia seeks action against Iran after oil attack, allies wary

DUBAI/RIYADH (Reuters) – Saudi Arabia will seek to make a case at a global gathering in New York this week for concerted action to punish and deter arch-foe Iran after strikes on Saudi oil plants rattled global markets and exposed the kingdom’s vulnerability t... More »

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Trump to meet with India, Australia leaders in U.S. next week

WASHINGTON (Reuters) – U.S. President Donald Trump will meet next week with the leaders of India and Australia at events in Texas and Ohio to promote trade and investment. The White House said Trump will travel to Houston, Texas, on Sept. 22 to participate in ... More »

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Apple’s new, lower priced iPhone draws tepid response in Asia

HANGZHOU, China/SEOUL (Reuters) – Apple Inc’s (AAPL.O) new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available. The iPhone 11, launched o... More »

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Naspers spin-off Prosus surges 25% on market debut in Amsterdam

AMSTERDAM (Reuters) – Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their market debut in Amsterdam on Wednesday. Prosus comprises Naspers’ global empire of consumer internet assets, with the jewe... More »

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Chinese tourists to Australia slow but record Americans head Down…

SYDNEY (Reuters) – The number of Chinese visitors to Australia ticked up in July though the annual pace of growth slowed to the equal weakest in nine years, in a sign the Sino-U.S. trade war and sluggish economic growth were hurting mainland tourists’ travel p... More »

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Action! Nigeria’s film industry draws global entertainment brands

LAGOS (Reuters) – “Oya!” shouts the director in Nigerian Pidgin English. Actors take their marks. Lighting blinks on. The film crew snaps into action after the order to hurry up. It’s another day in Nollywood, the affectionate nickname for Nigeria’s film indus... More »

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India’s moon mission locates landing craft, no communication yet

BENGALURU (Reuters) – India has located the spacecraft it was trying to land on the moon but has not been able to establish communication with it yet, the Indian Space Research Organisation (ISRO) said on Tuesday. The lander was making a “soft” or controlled l... More »

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India loses contact with spacecraft on mission to the moon

BENGALURU/MUMBAI (Reuters) – India lost contact with a spacecraft it was trying to land on the moon on Saturday, its space agency said, in a setback for the nation’s ambitious plans to become the first country to probe the unexplored lunar south pole. The land... More »

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India manufacturing growth at 15-month low in August: PMI

BENGALURU (Reuters) – Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their weakest pace in a year and cost pressures increased, a private sector survey showed on Monday. The survey comes after offi... More »

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Amazon and Indian trader group in public spat over discounts

NEW DELHI (Reuters) – Amazon.com (AMZN.O) defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website. New e-commerce foreign investment rules that took e... More »

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Federer overcomes Nagal scare to reach second round

NEW YORK (Reuters) – Roger Federer gave India’s Sumit Nagal a harsh introduction to Grand Slam tennis as the five-time champion weathered an early storm for a 4-6 6-1 6-2 6-4 win on Monday to reach the second round of the U.S. Open. When the match began it was... More »

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Berdych ends drought with opening win at Winston-Salem Open

(Reuters) – Tomas Berdych earned his first ATP win in six months with a 6-1 3-6 6-3 first round victory over Andreas Seppi at the Winston-Salem Open on Sunday. The Czech, who missed four months prior to Wimbledon with a back injury, had not recorded a triumph ... More »

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Doctors extract 526 teeth from Indian boy

CHENNAI, India (Reuters) – Indian doctors removed a tumor with a record number of 526 teeth inside a seven-year-old boy’s mouth, the medical team in the southern city of Chennai said on Friday. The 200 gram (7 ounce) growth was lodged in the boy’s lower right ... More »

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‘Definitely weird’: man bites snake

(Reuters) – An Indian man who was bitten by a snake got his revenge on the reptile by biting it back and killing it, the man’s father said on Monday. The man, Raj Kumar, was relaxing at home, enjoying a drink on Sunday, when a snake slithered into his house in... More »

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Modi versus Wild: Indian PM to join Bear Grylls in wilderness

NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is teaming up with British TV adventurer Bear Grylls to venture into India’s wilderness to raise awareness about protecting nature, the show’s host said. India is struggling to protect its environment a... More »

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India Davis Cup team set to tour Pakistan

MUMBAI (Reuters) – An Indian team will travel to Pakistan for a Davis Cup tie in September, the All India Tennis Association (AITA) has said, despite strained relations between the nations. The nuclear-armed neighbors have gone to war three times since indepen... More »

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Pakistan aims to send first astronaut into space by 2022

ISLAMABAD (Reuters) – Pakistan said on Thursday it aims to send its first astronaut into space by 2022 and will begin selecting candidates next year. Neighbour and long-time rival India put its first astronaut into space in 1984 as part of a Soviet-led mission... More »

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India’s moon mission lifts off, hopes to probe lunar south pole

SRIHARIKOTA/BENGALURU, India (Reuters) – India launched a rocket into space on Monday in an attempt to safely land a rover on the moon, its most ambitious mission yet in the effort to establish itself as a low-cost space power. If successful, the $146 million ... More »

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Investors pull $1.5 billion from India equities so far in July: IIF

NEW YORK (Reuters) – Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on Wednesday. “Unlike other episodes, which m... More »

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India to buy Russian rocket engines for its space program: RIA

MOSCOW (Reuters) – India plans to buy rocket engines from Russia for its national space program, RIA news agency cited Russian Deputy Prime Minister Yury Borisov as saying during a visit to New Delhi on Monday. India launched a rocket into space on Monday in a... More »

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Robots to install telescopes to peer into cosmos from the moon

BOULDER, Colo. (Reuters) – As the United States races to put humans back on the moon for the first time in 50 years, a NASA-funded lab in Colorado aims to send robots there to deploy telescopes that will look far into our galaxy, remotely operated by orbiting ... More »

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England win World Cup in Super Over drama to end 44-year wait

LONDON (Reuters) – England ended their 44-year wait for a maiden 50-overs World Cup title by beating a gutsy New Zealand side on boundaries after a tied Super Over amidst heart-stopping drama on Sunday. Chasing 242 for victory, Ben Stokes’ scintillating 84 not... More »

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Explainer: Will India’s tax on the rich hit foreign investment…

NEW DELHI/MUMBAI (Reuters) – The Indian government’s budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million rupees ($292,269) has rattled many foreign portfolio investors(FPIs). The realization that the new ta... More »

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India June business sentiment lowest since 2016 – survey

(Reuters) – India’s slowing economic growth, water shortage and regulatory hurdles have taken its business sentiment in June to the lowest level since 2016, a survey by market research firm IHS Markit showed on Monday. The aggregate of private-sector companies... More »

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India proposes tax benefits for electric vehicles to promote sales

MUMBAI/NEW DELHI (Reuters) – India proposed tax waivers on Friday on the purchase of electric vehicles and removed import taxes on some auto components to help boost sales and reduce its dependence on fossil fuels. India, the world’s third-biggest emitter of g... More »

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Trade acrimony could revive ‘stalled’ farm policy reform: OECD

PARIS (Reuters) – International tensions over trade could have a positive outcome for agriculture by reviving efforts to reform the most ineffective of policies that distribute hundreds of billions of dollars to farmers each year, the OECD said. Nearly 70% of ... More »

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From shrimp to fake eyelashes, social media sales soar in…

SATUN, Thailand (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him. Hawking dried shrimp, squid and fish in nightly Facebook (FB.O) livestreams, Anurak, who is quick with a joke and adep... More »

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India asks its states not to partner with Philip Morris-funded…

NEW DELHI (Reuters) – India’s health ministry has asked all state governments in the country not to partner with the Foundation for a Smoke-Free World (FSFW) because of its links to tobacco giant Philip Morris International Inc (PM.N), a letter seen by Reuters... More »

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India’s space startups ignite investor interest

MUMBAI (Reuters) – From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space r... More »

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India asks scooter, bike makers to draw up plan for EVs: sources

NEW DELHI (Reuters) – India’s federal think-tank has asked scooter and motorbike manufacturers to draw up a plan to switch to electric vehicles, days after they publicly opposed the government’s proposals saying they would disrupt the sector, two sources told ... More »

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After Woodford fund suspension, focus turns to its stewards

LONDON (Reuters) – The suspension of Neil Woodford’s flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly. While Woodford, one of Britain’s highest profile money managers, picked the compani... More »

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Safe havens emerge in China, South Asia as recession risks grow

HONG KONG/SYDNEY (Reuters) – Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold. But in Asia, investors are exploring new sanctuaries, from C... More »

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India plans to launch own space station: space agency

NEW DELHI (Reuters) – India will look to create its own space station following the completion of the country’s first manned mission into space in 2022, its space agency chief said on Thursday. The space station, where astronauts can stay for 15 to 20 days, wo... More »

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India set to launch second lunar mission- land rover on the moon

BENGALURU (Reuters) – India said on Wednesday it will launch its second lunar mission in mid-July, as it moves to consolidate its status as a leader in space technology by achieving a controlled landing on the moon. The mission, if successful, would make India... More »

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Global recession fears grow as manufacturing shrinks across Asia

HONG KONG (Reuters) – Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out m... More »

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India factory activity grows at fastest pace in three months in…

BENGALURU, (Reuters) – India’s manufacturing sector expanded at its quickest pace in three months in May on improved output and new orders, according to a private business survey which also showed a pick up in hiring. The survey found increased optimism about ... More »

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Asian renewable investment to overtake upstream oil and gas…

SINGAPORE (Reuters) – Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. Total capital expenditure in renewables will rise above $30 billion in the region ... More »

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Facebook ‘labels’ posts by hand, posing privacy questions

HYDERABAD, India/SAN FRANCISCO (Reuters) – Over the past year, a team of as many as 260 contract workers in Hyderabad, India has ploughed through millions of Facebook Inc photos, status updates and other content posted since 2014. The workers categorize items ... More »

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Factbox: The work at one Facebook ‘labeling’ project

HYDERABAD, India/SAN FRANCISCO (Reuters) – Facebook Inc has thousands of content labelers around the world who categorize content with the aim of creating large datasets that can be more readily analyzed by humans and software. One project at outsourcing vendo... More »

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Empty classrooms: Sri Lanka schools re-open amid fears of more…

BATTICALOA/COLOMBO (Reuters) – State schools in Sri Lanka resumed classes on Monday amid tight security after the Easter Sunday bombings, but many anxious parents kept their children at home over fears of more attacks by Islamic militants. Two weeks after suic... More »

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Romania’s witches harness the powers of the web

MOGOSOAIA, Romania (Reuters) – “Repeat after me! To be together with who I want,” a family of Romanian witches chant via a video call to a client in India paying for a love spell. The session, in a decorated shed in a back yard 15 km (9 miles) north of Buchare... More »

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Beast from the east: Indian soldiers reckon they’ve found Yeti…

NEW DELHI (Reuters) – Mountaineers from the Indian army on a expedition in Nepal have found mysterious large footprints in the snow that they think belong to the Yeti, or the abominable snowman, the military said on Tuesday. Largely regarded by the scientific ... More »

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Fly me to the moon: Germany eyes slice of lucrative space market

BERLIN Reuters) – Facing tough competition from China, the United States and even tiny Luxembourg, Germany is racing to draft new laws and attract private investment to secure a slice of an emerging space market that could be worth $1 trillion a year by the 20... More »

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U.S. prepares to end Iran oil waivers, triggering price spike

WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their ... More »

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Elon Musk’s SpaceX suffers capsule anomaly during Florida tests

(Reuters) – Elon Musk’s SpaceX suffered an anomaly in one of its Crew Dragon capsules while conducting engine tests at the Cape Canaveral Air Force Station in Florida on Saturday, the company said. “The initial tests completed successfully but the final test r... More »

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Indian state open for talks with Uber rival Ola over ban

BENGALURU (Reuters) – The southern Indian state of Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share. Karnataka earlier this week issued a notice to suspend Ola’s ... More »

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Singtel signs deal to expand mobile wallet alliance to Japan

SINGAPORE (Reuters) – Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion. The partnership wi... More »

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New Zealand Muslim leaders preach love, compassion after mosque…

CHRISTCHURCH/WELLINGTON (Reuters) – New Zealand Muslim leaders on Monday conveyed messages of love, compassion and appreciation for the community support they had received after a lone gunman attacked two mosques, killing 50 people and injuring dozens more. Mu... More »

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Halep claims tough win, Serena retires ill at Indian Wells

(Reuters) – World number two Simona Halep survived a tough challenge from Ukrainian qualifier Kateryna Kozlova to win their third round match 7-6(3) 7-5 at the BNP Paribas Open in Indian Wells, California, on Sunday. The Romanian finally put away the 114th ran... More »