Hello Afghans are risking an 11-country trek to seek haven in the U.S., Adani loses his crown as Asia's richest person, and Australia finds a radioactive 'needle in a haystack'
by Linda Noakes |
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Policemen help Arina, 6, dressed in a bulletproof vest and helmet during her evacuation from the frontline city of Bakhmut in Donetsk region, Ukraine, January 31, 2023. REUTERS/Oleksandr Ratushniak |
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Humaira Ziwari, an Afghan refugee, plays with her eldest son Ahmad Altaf Ziwari at Heather Farms Park near their home in Concord, California, December 13, 2022. REUTERS/Brittany Hosea-Small |
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| - More than a year after the chaotic U.S. withdrawal from Kabul, the number of Afghans crossing the U.S.-Mexico border to seek asylum in the United States has soared. We report on an 11-country trek that starts with a humanitarian visa for Brazil.
- Family and friends of Tyre Nichols will pay their final respects today to the Black 29-year-old father whose fatal encounter with Memphis police last month transformed him into the new face of the U.S. racial justice movement.
- President Joe Biden and Republican House Speaker Kevin McCarthy are set to discuss the nation's $31.4 trillion debt ceiling today, a meeting that will give a first sign of how the two will work together, or fail to, in a divided Washington.
- Donald Trump's bid for the Republican presidential nomination in 2024 got off to a modest fundraising start, with his campaign ending the year with about $7 million on hand while his Save America fund had about $18 million, according to financial disclosures.
- The Colorado River, which provides drinking water to 40 million people in seven U.S. states, is drying up, straining a water distribution pact amid the worst drought in 12 centuries, exacerbated by climate change.
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Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port, in Israel, January 31, 2023. REUTERS/Amir Cohen |
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- Indian tycoon Gautam Adani lost his title of Asia's richest person as a rout in his conglomerate's biggest companies deepened to $84 billion in the wake of a short-seller report. Today's stock losses saw Adani slip to 15th on Forbes rich list with an estimated net worth of $76.8 billion, below rival Mukesh Ambani, the chairman of Reliance Industries.
- Volatility-linked funds estimated to be buying as much as $2 billion in U.S. equities daily are helping drive this year's rebound in stocks and may ramp up purchases in coming weeks, though a hawkish Federal Reserve could spoil the party. The Fed will loudly insist again today that its inflation battle is not yet won - even as it slows the pace of interest rate rises to combat it, writes Reuters columnist Mike Dolan.
- Intel said it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn.
- Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models, according to a planning memo seen by Reuters and a person with knowledge of the plan.
- Lebanon adopted a new official exchange rate of 15,000 pounds per U.S. dollar, marking a 90% devaluation from its previous official rate that had been unchanged for 25 years. Here's why cash is king in Lebanon as banks atrophy.
- A rising wave of shareholder activism has turned Tokyo into a growth market for businesses that offer advice on shareholder relations, as corporate Japan scrambles for help to deal with investors who are no longer silent.
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John W. Dietrich, president and CEO of Atlas Air Worldwide, and Dave Calhoun, CEO of Boeing, converse on stage during the delivery of the final 747 jet at their plant in Everett, Washington, January 31, 2023. REUTERS/David Ryder |
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