Ukrainian servicemen near the village of Robotyne, Ukraine, August 25, 2023. REUTERS/Viacheslav Ratynskyi |
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- Ukraine said its troops had liberated the southeastern settlement of Robotyne and were trying to push further south in their counteroffensive against Russian forces.
- Indian billionaire Gautam Adani's plan to rehouse a million people living in one of Asia's biggest slums is fueling worries among residents about his capacity to deliver amid high-profile financial setbacks and allegations that Prime Minister Narendra Modi's allies afforded him favorable treatment.
- Chinese weather forecasters warned several provinces to expect torrential rain and flash floods over the next two days as unrelenting downpours wreak havoc on the country. More than three thousand people were evacuated in the northwestern Hunan province over the weekend.
- Japan said that many harassing phone calls were received in the country, likely from China, regarding the release of treated radioactive water from the Fukushima nuclear power plant into the Pacific and called it "extremely regrettable".
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- Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth future that stunts development in some countries even before it starts.
- Tesla is set to defend itself for the first time at a trial against allegations that failure of its Autopilot driver assistant feature led to death, in what will likely be a major test of Chief Executive Elon Musk's assertions about the technology.
- US Commerce Secretary Gina Raimondo opened talks with Chinese government officials, saying it is "profoundly important" for the world's two largest economies to have a stable economic relationship.
- Evergrande lost as much as $2 billion, or 80% of its market value, on Monday after its shares resumed trading in a crucial step for the world's most indebted property firm as it seeks to restructure its offshore debt.
- The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally sustainable air travel.
- Turkey's latest massive interest rate hike has caught the attention of long-skeptical foreign investors who say they could return to Turkish assets if authorities continue to demonstrate that a return to orthodox monetary policy is underway.
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Finance professionals learn how to play guandan, a poker-like card game, during a training session in Beijing, China August 6, 2023. REUTERS/Yew Lun Tian/File photo |
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China's bankers and business executives have become increasingly reliant on domestic capital in recent years as foreign funding has dried up, but a popular way to unlock that cash may very well involve "throwing eggs". Reuters China correspondent Lun Tian Lew tells today's Reuter's World News podcast about the card game bankers are playing in China to win deals and investment. |
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Bryan, 21, looks at a woman, 20, both from Germany, as they attend the annual Redhead Days Festival in Tilburg, Netherlands, August 27, 2023. REUTERS/Piroschka van de Wouw |
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Thousands of people gathered in the Netherlands this weekend to celebrate their red hair at the annual Redhead Days Festival in the southern town of Tilburg. According to organizers, some 5,000 redheads from different countries visited the festival, which offered workshops on painting, make-up and skin care tips, photo shoots, music and speed meet events. |
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