US semiconductor index hits highest in nearly a year on hopes for industry turn

By Chuck Mikolajczak NEW YORK (Reuters) – The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows that a sales downturn in the industry has reached its nadir, in part due to a surge in artificial intelligence (AI) technology. The index climbed 1.6%, adding to a gain of …

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Denmark acknowledges military shortcomings as it hosts large NATO drill

By Jacob Gronholt-Pedersen OKSBOL, Denmark (Reuters) – Denmark has major shortcoming in its ability to defend its territory and meet its NATO commitments despite pledges to increase defence spending, its army chief said on Thursday, as the country hosted a large military exercise. Denmark, a founding member of the North Atlantic Treaty Organization, scaled down …

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Italy close to securing industry safety net for Cinven-owned Eurovita, sources say

By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italian authorities are close to clinching a deal financed by insurers and banks including market leader Intesa Sanpaolo to rescue ailing life insurer Eurovita, people familiar with the matter told Reuters on Thursday. Owned by Britain’s Cinven, Eurovita is the first insurance company in Italy placed under …

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Russia’s Putin signs decree on routine spring conscription – Tass agency

(Reuters) – Russian President Vladimir Putin has signed a decree setting out the routine spring conscription campaign, calling 147,000 citizens up for statutory military service, Tass news agency said on Thursday. Last September Putin signed an order calling up 120,000 people for the autumn campaign. At the time, Tass quoted the defence ministry as saying …

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Brazil unveils new budget rules, easing market fears on fiscal discipline

By Marcela Ayres BRASILIA (Reuters) -Brazil’s finance ministry unveiled on Thursday a proposal for new fiscal rules to balance limits on spending growth with the government’s vow to boost social programs and public investment, lifting local markets after months of uncertainty. The long-awaited proposal is key to easing fiscal concerns after leftist President Luiz Inacio …

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France, other OSCE states request special investigation linked to Russian aggression in Ukraine

PARIS (Reuters) – France and a group of 45 states participating in the Organisation for Security and Co-operation in Europe (OSCE) have invoked a special mechanism to investigate allegations linked to Russia’s invasion of Ukraine, the French foreign ministry said in a statement on Thursday. The ministry said the move was made “due to the …

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Gun injuries sending more Americans, especially kids, to emergency rooms -study

By Julia Harte (Reuters) – Emergency rooms in the U.S. saw a significant rise in the number of patients with gun injuries during the COVID-19 pandemic, according to a study from the Centers for Disease Control and Prevention (CDC) released on Thursday. Of all age groups, those between 0–14 years experienced the largest increase in …

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Las bolsas europeas suben por menores preocupaciones sobre la banca

Por Sruthi Shankar, Shubham Batra y Bansari Mayur Kamdar 30 mar (Reuters) – Las bolsas europeas subieron el jueves a máximos de casi tres semanas, impulsadas por los optimistas resultados del gigante minorista H&M y por el desvanecimiento de las preocupaciones sobre el sector bancario mundial, que alimentaban también el repunte de Wall Street. * …

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Massachusetts fines delivery startup Gopuff $6.2 million in worker pay dispute

By Daniel Wiessner (Reuters) – Delivery service Gopuff has been fined $6.2 million by the state of Massachusetts for improperly classifying nearly 1,000 drivers as independent contractors rather than employees, who are more costly for companies. Massachusetts Attorney General Andrea Campbell, a Democrat, announced the fines on Thursday as Softbank Group Corp-backed Gopuff prepares for …

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