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By Darya Korsunskaya LONDON (Reuters) – Russia’s industrial production and investments are stagnating, its exports of goods are continuing to deteriorate and profitability in most industries is declining, a think tank close to the government has said in a report. The Centre for Macroeconomic Analysis and Short-Term Forecasting issued its downbeat assessment on Saturday, also warning about a shortage of imported components and raw materials. Despite Russia’s ongoing war in […]

BERLIN (Reuters) – The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the car manufacturer is no longer facing charges, the company said on Saturday. Mercedes-Benz cooperated fully with the DOJ, Renata Jungo Bruengger, board member for integrity, governance and sustainability at Mercedes, said in an emailed statement. “With the DOJ’s decision, we are taking another important step towards legal certainty in connection […]

The United Auto Workers union announced it reached a last-minute tentative agreement with truck and bus manufacturer Daimler Truck, averting a potential strike of more than 7,000 workers. The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract, which was enacted six years ago. It covers workers at various plants in North Carolina — where Daimler makes Thomas Built […]

ATLANTA (AP) — Anchor Poppy Harlow is leaving CNN, according to the network. Harlow, who joined CNN in 2008 and most recently co-hosted “CNN This Morning,” announced her parting from the cable news giant in an email to colleagues. She called her time at CNN “a gift.” “I have been inspired by you and learned so much from you – who are (and will remain) dear friends,” Harlow wrote. “This […]

(Reuters) -BHP Group is considering making an improved proposal for Anglo American after its $39 billion initial offer was rejected by the London-listed miner, a source familiar with the matter told Reuters. BHP is in discussion for revised proposal for Anglo American in the coming weeks, the source said. The deliberations are currently ongoing and it has not made a decision on the size and structure of the new proposal, […]

PRETORIA, South Africa (AP) — South Africa marked 30 years since the end of apartheid and the birth of its democracy with a ceremony in the capital Saturday that included a 21-gun salute and the waving of the nation’s multicolored flag. But any sense of celebration on the momentous anniversary was set against a growing discontent with the current government. President Cyril Ramaphosa presided over the gathering in a huge […]

LONDON (AP) — King Charles III is on the comeback trail. The 75-year-old British monarch will slowly ease back into public life after a three-month break to focus on his treatment and recuperation after he was diagnosed with an undisclosed type of cancer. In a nod to the help he’s received recently, Charles plans a visit to a cancer treatment center on Tuesday as he gingerly steps back into the […]

By Pulcherie Adjoha COTONOU (Reuters) – Police in Benin fired tear gas to break up a protest over the cost of living called by trade unions and they arrested several senior union figures on Saturday, witnesses and union officials said. Armed police blocked access to the labour council in the commercial capital Cotonou, surrounding the area where the demonstration was meant to take place and turning away journalists. Some protesters […]

JEREZ, Spain (Reuters) – Jorge Martin of Pramac Racing won sprint in front of adoring home fans at a crash-filled Spanish GP to extend his lead at the top of the championship, as reigning MotoGP champion Francesco Bagnaia’s Saturday went from bad to worse after a crash. Spanish 19-year-old rookie Pedro Acosta continued his stunning debut season with Red Bull GasGas Tech3 to secure a second-place finish, with Yamaha’s Fabio […]

MOSCOW (Reuters) – The Russian Defence Ministry said on Saturday that its forces had carried out 35 strikes in the last week against Ukrainian energy facilities, defence factories, railway infrastructure, air defences, and ammunition stocks. It said in a statement that the strikes, which spanned April 20-27, were “in response to attempts by the Kyiv regime to damage Russian energy and industrial facilities.” Ukraine has systematically targeted Russian oil refineries […]