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Biden targets all-cash home deals in anti-corruption drive

By Trevor Hunnicutt and Andrea Shalal WASHINGTON (Reuters) – The Biden administration on Monday vowed to crack down on “criminals, kleptocrats and others” paying cash for houses to launder money as part of a broader anti-corruption drive linked to this week’s U.S. Summit for Democracy. Deputy Treasury Secretary Wally Adeyemo, speaking at the Brookings Institution …

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Ford delays return-to-work hybrid plan to March amid COVID uncertainty

By Ben Klayman and David Shepardson (Reuters) -Ford Motor Co said on Monday it would push its return-to-work hybrid plan to March as the state of the COVID-19 pandemic remained uncertain. The No. 2 U.S. automaker said it will begin a pilot phase for select employees in February and March. The company had previously said …

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Google, Meta dominate as digital propels global advertising growth -forecasts

By Sheila Dang (Reuters) -The global advertising industry will notch higher growth this year than previously expected and is likely to continue its streak in 2022 as brands are relying more heavily on search engine and social-media companies such as Alphabet Inc’s Google and Meta Platforms Inc to reach customers during the pandemic, according to …

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‘Ashamed’: Pakistan grapples with fallout from mob killing

ISLAMABAD (Reuters) – A shocking and deadly mob attack on a Sri Lankan factory manager accused of blasphemy in eastern Pakistan last week prompted days of soul searching as the man’s remains were flown to his home country. The violence, which was condemned by rights watchdogs including Amnesty International, also drew intense responses from politicians, …

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FTSE 100 posts best session in over 4 mths on defensive, energy boost

By Unknown 81653c1b-391d-4f57-a18b-a96546dc667c (Reuters) – UK’s FTSE 100 ended higher on Monday, posting its best session in over four months as defensive sectors and energy shares led gains, while Deliveroo fell on concerns about a European Union ruling on gig workers. The blue-chip FTSE 100 index ended 1.7% higher at 7,232.28, its best session since …

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New York mayor plans vaccination mandate for private-sector employers

(Reuters) – New York City Mayor Bill de Blasio said on Monday he planned to issue a COVID-19 vaccine mandate for private-sector employers that will go into effect on Dec. 27, calling it a “pre-emptive strike.” Several indicators on Monday showed the spread of COVID-19 were increasing in the most populous city in the United …

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