Ford's $19.5 billion EV writedown: five things to know
By Mike Colias Dec 15 (Reuters) - Ford Motor announced a $19.5 billion charge on electric-vehicle investments on Monday, the most visible sign to date of the auto industry's pullback from a technology carmakers wholeheartedly embraced early this decade...
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Australia police says Bondi attack gunmen travelled to Philippines
SYDNEY, Dec 16 (Reuters) - Australian police said on Tuesday that the two alleged gunmen behind the mass shooting at Sydney's Bondi Beach travelled to the Philippines last month, and that the reasons for their trip were under investigation. Polic...
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US military says it carried out strikes on three vessels in eastern Pacific
WASHINGTON, Dec 15 (Reuters) - The U.S. Southern Command said on Monday that it carried out strikes on three vessels in international waters, killing eight men. "Intelligence confirmed that the vessels were transiting along known narco-trafficking rou...
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Former Raiders coach Mike White dies at 89
Mike White, who had stints as the head coach of Cal, Illinois and the Oakland Raiders, died at the age of 89 on Sunday in Newport Beach, Calif. News of his death was announced Monday by the Cal athletic department. Born in Berkeley, Calif., White wa...
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China seizes smuggled drugs on US tip
BEIJING, Dec 16 (Reuters) - China seized 430 kg of smuggled cocaine last month, acting on information from the United States, the Chinese Public Security Ministry said on Tuesday. Chinese authorities were able to seize the drugs from a "suspicious"...
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Human‑wave attacks and drones: How Myanmar's junta is fighting back
By Naw Betty Han and Shoon Naing Dec 16 (Reuters) - For seven days, rebel fighter Khant and his comrades held the line as Myanmar's military pounded their positions with artillery and drone strikes. Khant is a veteran of numerous battles against Myanma...
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South Korea nominee for media commission to seek social media curbs for teens
SEOUL, Dec 16 (Reuters) - The nominee to head South Korea's broadcast and media commission told parliament on Tuesday he would pursue imposing restrictions on social media use for teenagers, saying it was a priority as a means to protect young people....
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Bank of Japan to take interest rates to 30-year high
By Leika Kihara TOKYO, Dec 16 (Reuters) - The Bank of Japan is set to raise interest rates on Friday to a three-decade high and pledge to keep hiking borrowing costs, closing the year with two rate hikes despite headwinds from U.S. tariffs and the inau...
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Stocks slide as investors on edge ahead of data, central bank meetings
By Ankur Banerjee SINGAPORE, Dec 16 (Reuters) - Asian stocks tumbled while the dollar drifted near two-month lows on Tuesday as investors adopted a cautious approach ahead of a slate of U.S. data, including the jobs report, that may help gauge the traj...
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Philippines denounces China's 'dangerous' and 'inhumane' actions against Filipino fishermen
MANILA, Dec 16 (Reuters) - Philippine Defense Secretary Gilberto Teodoro on Tuesday denounced what he described as "dangerous" and "inhumane" actions by Chinese maritime forces against Filipino fishermen in a South China Sea shoal last week. In ...
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