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By Michelle Toh, CNN Business India’s richest man is bringing 7-Eleven to the country, adding the convenience store chain to a sprawling business empire that spans energy, chemicals, retail and telecommunications. Reliance Retail, the commerce arm of Mukesh Ambani’s conglomerate, announced Thursday that it will open India’s first 7-Eleven stores, just days after the quick-service
Continue ReadingCNN By Jamie Gumbrecht, CNN Pfizer and BioNTech said Thursday they are seeking US Food and Drug Administration emergency use authorization from for their Covid-19 vaccine for children ages 5 to 11. If authorized, this would be the first Covid-19 vaccine for younger children. The Pfizer/BioNTech vaccine is approved for people age 16 and older
Continue ReadingBy Jamie Gumbrecht, CNN Pfizer and BioNTech said Thursday they are seeking US Food and Drug Administration emergency use authorization from for their Covid-19 vaccine for children ages 5 to 11. If authorized, this would be the first Covid-19 vaccine for younger children. The Pfizer/BioNTech vaccine is approved for people age 16 and older and
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LONDON (AP) — British bank NatWest faces a potentially hefty fine after admitting to three charges relating to anti-money laundering failures. The case, which was heard at Westminster Magistrates’ Court Thursday, related to 365 million pounds ($495 million) deposited into the account of century-old jeweler Fowler Oldfield between 2012 and 2016. Fowler Oldfield was based
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LONDON (AP) — British bank NatWest faces a potentially hefty fine after admitting to three charges relating to anti-money laundering failures. The case, which was heard at Westminster Magistrates’ Court Thursday, related to 365 million pounds ($495 million) deposited into the account of century-old jeweler Fowler Oldfield between 2012 and 2016. Fowler Oldfield was based
Continue ReadingBy Nadine Schmidt and Frederik Pleitgen, CNN The trial of a 100-year-old former SS guard starts Thursday in the German town of Brandenburg an der Havel. He is accused of being an accessory to murder in 3,518 cases dating from his time as a guard at the Nazi concentration camp in Sachsenhausen, according to the
Continue Reading By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Colleagues of investigative reporter Anna Politkovskaya are sharply criticizing the Russian authorities for failing to track down the mastermind of her killing 15 years ago. Politkovskaya, who won international acclaim for her reporting on the human rights abuses in the Russian republic of Chechnya was shot dead
Continue Reading BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg says the organization withdrew the accreditation of eight Russian officials in response to a rise in “malign activities” by Moscow. The eight officials are to be deprived of access to NATO’s Brussels headquarters from the end of the month. NATO says they were secretly working as intelligence officers.
Continue Reading KYIV, Ukraine (AP) — Ukrainian lawmakers have voted to dismiss a speaker, a move that comes as part of infighting in the ruling party. Dmytro Razumkov was stripped of his duties Thursday by the Verkhovna Rada after President Volodymyr Zelenskyy’s Servant of the People party initiated his dismissal. Relations between Zelenskyy and Razumkov have grown
Continue Reading CANBERRA, Australia (AP) — Australia is ending a deal with Papua New Guinea to house asylum-seekers, leaving scores who have spent years on the South Pacific island nation the options of resettling in the United States or the tiny atoll of Nauru. Australia has been paying Papua New Guinea and Nauru since 2013 to house
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By MICHAEL BIESECKER, STEFANIE DAZIO and MICHAEL BALSAMO Associated Press HUNTINGTON BEACH, Calif. (AP) — The U.S. Coast Guard has boarded a massive cargo ship as it investigates the rupture of an offshore oil pipeline that sent crude washing up on Souther California beaches. Investigators want to know whether a ship anchor snagged and bent
Continue Reading By MICHAEL BIESECKER, STEFANIE DAZIO and MICHAEL BALSAMO Associated Press HUNTINGTON BEACH, Calif. (AP) — The U.S. Coast Guard has boarded a massive cargo ship as it investigates the rupture of an offshore oil pipeline that sent crude washing up on Souther California beaches. Investigators want to know whether a ship anchor snagged and bent
Continue ReadingCNN By Alex Marquardt, CNN The CIA announced a number of structural changes on Thursday, including a new mission center for China, the result of a months-long review and a reflection of the intelligence community’s view of China as the greatest long-term threat to the United States. The new China Mission Center “will further strengthen
Continue ReadingBy Alex Marquardt, CNN The CIA announced a number of structural changes on Thursday, including a new mission center for China, the result of a months-long review and a reflection of the intelligence community’s view of China as the greatest long-term threat to the United States. The new China Mission Center “will further strengthen our
Continue Reading OAKLAND, Calif. (AP) — US Coast Guard boards massive German cargo ship that has become a focus of investigation into California oil spill.
Continue ReadingBy Charles Riley, CNN Business We hate to be the bearers of bad news. But the pandemic just keeps delivering setbacks for the global economy. Supply chains have been stretched beyond breaking, inflation is rising sharply across developed economies and an energy crisis looms. The latest problem spot is Germany, where manufacturing production fell 4.7%
Continue Reading By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Afghanistan’s pavilion has finally arrived at the first world’s fair in the Middle East a week after Dubai’s Expo opened without it. The Taliban’s lightning speed takeover of Afghanistan, the country’s presence at the fair was uncertain. The previous government had organized the pavilion,
Continue Reading By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — The Kremlin says Russia has the potential to boost natural gas supplies to Europe as surging gas prices put pressure on consumers. Kremlin spokesman Dmitry Peskov says existing gas transit routes allow for bolstering supplies before the new Nord Stream 2 pipeline to Germany begins operating. Europe’s
Continue Reading By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — The Kremlin says Russia has the potential to boost natural gas supplies to Europe as surging gas prices put pressure on consumers. Kremlin spokesman Dmitry Peskov says existing gas transit routes allow for bolstering supplies before the new Nord Stream 2 pipeline to Germany begins operating. Europe’s
Continue ReadingBy Charles Riley, CNN Business Cathie Wood is moving her business to Florida. Ark Investment Management is permanently closing its New York office and relocating to St. Petersburg, Florida, the company announced Wednesday. Wood’s flagship Ark Innovation exchange-traded fund surged nearly 150% in 2020, turning her into a Wall Street superstar. Wood does things differently,
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