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Italy’s biggest TV piracy network dismantled – police

ROME (Reuters) – Italy’s police said on Friday they had dismantled the country’s largest network for online TV piracy, one that accounted for 70% of illegal streaming across the nation. The network had more than 900,000 users and yielded “millions of euros” in monthly profits, a police statement said. As part of the operation, premises …

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UK chancellor Hunt plans freeze in public spending for 3 years after 2025 – FT

(Reuters) – UK Chancellor Jeremy Hunt was examining freezing day-to-day public spending in real terms for three years after 2025 in the Autumn Statement next Thursday, saving about 27 billion pounds ($31.67 billion) a year by 2028, the Financial Times reported. Hunt is drawing up plans to reduce the growth in public spending in those …

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AMD launches data center CPU ‘Genoa’, taps Google, Microsoft as customers

By Jane Lanhee Lee and Chavi Mehta (Reuters) – Advanced Micro Devices Inc launched its latest data center chip on Thursday and said Microsoft Corp’s Azure, Alphabet-owned Google Cloud and Oracle Corp would be some of its customers. The fourth generation EPYC processor, code named “Genoa”, makes significant improvement on performance and energy efficiency compared …

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U.S. revokes Russia’s market economy status

WASHINGTON (Reuters) – The United States will no longer treat Russia as a market economy country, the Commerce Department said on Thursday, revoking the status granted two decades ago that limited the calculation of anti-dumping duties on Russian goods. The Commerce Department said its analysis found “extensive” government involvement in the Russian economy had led …

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Ukrainian farmers turn to UN-supplied grain sleeves to save their business

KYIV (Reuters) – On a crisp and sunny November morning, Ukrainian farmers lined up to collect U.N.-supplied grain sleeves to store crops over winter as the country faces a significant shortage of storing capacity caused by Russian shelling. Ukraine has said it may lack up to 15 million tonnes of regular grain storage capacity this …

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Half a million UK workers drop out of workforce, citing long-term illness

By Suban Abdulla LONDON (Reuters) – The number of people who have dropped out of Britain’s job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) said. The increase in long-term sickness started in 2019, …

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Dollar plunges as U.S. inflation data spurs exodus from crowded trade

By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Investors are stampeding away from the dollar, as softer-than-expected U.S. consumer price data raises hopes that the Federal Reserve may need to tighten monetary policy less than expected in its fight against inflation and bolsters the case for risky assets. Expectations of rising U.S. …

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UK’s Liverpool port workers agree pay deal and end strike

LONDON (Reuters) – Around 600 workers at Liverpool port, one of Britain’s busiest ports, will end strike action after agreeing a pay deal with employer Peel Ports, the Unite union said on Thursday. Unite said workers had voted “overwhelmingly in favour” of pay rises worth 14.3%-18.5% negotiated earlier this week, ending a wave of strike …

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