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Western New York Blizzard Death Toll Rises; National Guard to Enforce Driving Ban
At least 28 western New Yorkers have lost their lives as a result of a deadly Christmas blizzard, Erie County officials confirmed on Dec. 27. Erie County's chief executive Mark Poloncarz told a news conference...
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Global Economy Bets on China Learning to Live With COVID-19: Analysis
Those who believe the world economy can avoid the hardest of landings next year are watching China closely to see whether its move to loosen pandemic restrictions will help that scenario come about or end...
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FTX’s Bankman-Fried Signs Extradition Papers as Wednesday hearing Looms
FTX founder Sam Bankman-Fried has signed legal papers paving the way for his extradition from The Bahamas to the United States, where he faces fraud charges over the cryptocurrency exchange's collapse, a Bahamas official said...
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Thousands of Fans Take Over Buenos Aires Roads to Join World Cup Celebrations
Thousands of fans flocked to Buenos Aires’s streets on Tuesday (December 20) to join the celebrations of the FIFA World Cup victory in the city. A thunderous atmosphere was created at 25 de Mayo road...
Economists Say Japan May Unwind Easy Monetary Policy in 2023: Reuters Poll
By Kantaro Komiya. TOKYO — The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and October next year, according to almost half the economists in a Reuters poll on Monday (Dec....
The logo of Foxconn is seen outside a building in Taipei, Taiwan November 10, 2022. (Image: Screenshot / Reuters)
Taiwan Likely to Fine Foxconn for Unauthorized China Investment, Source Says
TAIPEI - Foxconn, the world's largest contract electronics maker, is likely to be fined soon by Taiwan's government for an unauthorized investment in a Chinese chip maker, a person with direct knowledge of the situation...
A health worker registers a resident for a nasal spray COVID-19 booster vaccine in Beijing, China December 17, 2022. (Image: Screenshot / Reuters)
Streets Deserted in China’s Cities as New COVID Surge Looms
By Siyi Liu and Eduardo Baptista BEIJING -Streets in major Chinese cities were eerily quiet on Sunday as people stayed home to protect themselves from a surge in COVID-19 cases that have hit urban centers...
A view of the city skyline in Singapore January 25, 2021. (Image: Screenshot / Reuters)
Turnover Surges as Funds Rush to Exit Private Equity Stakes
By Rae Wee SINGAPORE - Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers cash out to cover losses elsewhere and rebalance portfolios. The...
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Goldman to Cut Thousands of Staff as Wall Street Layoffs Intensify, Source
Goldman Sachs Group Inc is planning to cut thousands of employees to navigate a difficult economic environment, a source familiar with the matter said. The layoffs are the latest sign that cuts are accelerating across...
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying back oil for the Strategic Petroleum Reserve — or SPR — marking the first purchase since this...
Amazon Failed to Record Warehouse Injuries: US Agency
Amazon Inc. failed to properly record work-related injuries and illnesses at six warehouses in five states, the U.S. Department of Labor said on Friday, Dec. 16 as part of an ongoing investigation into the company's...
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Pelosi Backs Adding TikTok Government Device Ban to Funding Bill
U.S. House Speaker Nancy Pelosi supports adding legislation passed by the Senate this week, which would bar federal government employees from using Chinese-owned TikTok on government-owned devices, to a government funding bill. A spokesman for...