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TBILISI (Reuters) – Protesters on Thursday disrupted committee hearings in the Georgian parliament on a controversial “foreign agents” bill backed by the ruling party, which critics have said represents an authoritarian shift in the country. Footage published by Georgian media also showed physical fights between opposition lawmakers and those from the ruling Georgian Dream party, which announced last month that it would support the bill. The draft law would require […]

(Fixes spelling errors in paragraph 9) By Timothy Gardner WASHINGTON (Reuters) -The Biden administration said on Thursday it is offering $1.2 billion in aid to extend the life of distressed nuclear power plants which, for the first time, could offer funding to a plant that has recently closed. President Joe Biden’s climate team believes nuclear power is a crucial source of virtually carbon-free electricity needed to be maintained and expanded […]

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank. In an argument for quarter-point hikes, Bostic said he favored “slow and steady” as the appropriate course of action for the Fed, as the impact of higher interest rates […]

By Ann Saphir (Reuters) – A string of “hot” data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December, Fed Governor Christopher Waller said on Thursday Recent economic data showing an “excessively” strong labor market, robust consumer demand and stubbornly persistent price pressures calls into question the extent of progress the U.S. central […]

WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken did not meet China’s foreign minister on the sidelines of the G20 meeting in India as the two sides had already had extended talks in Munich last month, the U.S. State Department spokesperson said on Thursday. Speaking at a regular briefing, Ned Price said he expected there would be “additional calls and engagements” with China in the coming weeks. “But we had […]

(Reuters) – Nevada on Thursday approved more than $330 million in tax abatement for electric vehicle maker Tesla Inc that is set to invest more than $3.6 billion in the state to expand its Gigafactory complex with two new factories. Tesla said in January that one of the two new factories will mass produce its long-delayed semi-electric truck, and the other will make its new 4680 battery cell. The cell […]

SANTIAGO(Reuters) – Chilean retailer Cencosud posted a 22% rise in its fourth-quarter profit last year, the company said in a statement on Thursday, boosted by stronger results in its core business such as supermarkets. The result excludes financial effects from its operations in Argentina. Cencosud’s net profit in the October-to-December period totaled 251.028 billion pesos ($292 million). One of Latin America’s largest retailers, with operations ranging from department stores to […]

(Reuters) – Two U.S. nationals were arrested in Kansas City for sending U.S. aviation technology to Russia, U.S. Commerce Department official Matthew Axelrod said on Thursday. (Reporting by Karen Freifeld; Editing by Leslie Adler) Brought to you by www.srnnews.com

WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken did not meet China’s foreign minister on the sidelines of the G20 meeting in India as the two sides had already had extended talks in Munich last month, the U.S. State Department spokesperson said on Thursday. Speaking at a regular briefing, Ned Price said he expected there would be “additional calls and engagements” with China in the coming weeks. “But we […]