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FAA finalizes pilot training, certification rules for air taxis

By David Shepardson (Reuters) -The Federal Aviation Administration on Tuesday finalized comprehensive training and pilot certification rules for flying air taxis, addressing a key hurdle to the deployment of electric vertical takeoff and landing aircraft. The FAA called the rule “the final piece in the puzzle for safely introducing these aircraft in the near term.” …

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US grants $428 million to clean energy projects in communities that relied on coal

By Timothy Gardner WASHINGTON (Reuters) – The U.S. on Tuesday announced $428 million in grants to build or expand battery manufacturing and recycling plants and other clean energy manufacturing in communities that have been hit hard by recent closures of coal mines and power plants.  WHY IT’S IMPORTANT The administration of President Joe Biden and …

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Hospitals under fire as Israeli forces deepen operations in northern Gaza

By Nidal al-Mughrabi CAIRO (Reuters) -Israeli military forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up their operations, preventing critical aid from reaching civilians, residents and medics said. Troops rounded up men and ordered women to leave the Jabalia historic refugee camp, they said. An …

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Yellen says US to unveil new sanctions on Russian

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the U.S. will unveil strong new sanctions aimed at curbing Russia’s Ukraine war efforts, including “intermediaries in third countries that are supplying Russia with critical inputs for its military.” Yellen said in prepared remarks for a news conference at the start of International …

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NVR misses third-quarter profit estimates on higher lot costs

(Reuters) – U.S. homebuilder NVR Inc missed Wall Street estimates for third-quarter earnings per share on Tuesday as higher lot costs and closing costs assistance weighed on profit margins. While demand remains strong, with more skittish buyers returning to the housing market after some respite in the popular 30-year fixed mortgage rate, large homebuilders have …

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Lebanon’s Hezbollah rules out negotiations during fighting with Israel

BEIRUT (Reuters) – Lebanon’s Hezbollah movement said on Tuesday there would be no negotiations while fighting continued with Israel and it claimed sole responsibility for a drone attack on Israeli Prime Minister Benjamin Netanyahu’s holiday home. The group “takes full and sole responsibility” for targeting Netanyahu’s house, Mohammad Afif, head of the Iranian-backed militant group’s …

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US exporters race to ship soybeans as looming election stokes tariff worries

By Karl Plume CHICAGO (Reuters) – U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said. Nearly 2.5 million metric tons of U.S. …

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Analysis-Italy’s low defence spending could cramp Meloni’s style if Trump wins US vote

By Crispian Balmer and Angelo Amante ROME (Reuters) – Italian Prime Minister Giorgia Meloni carefully courted Donald Trump when he was U.S. president and could be well-placed to serve as a bridge between Europe and Washington should he win back power in next month’s election. However, the relationship between the arch-conservative pair faces a problem: …

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