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Southwest promises refunds as airline sees ‘certain’ financial impact

WASHINGTON, Dec 29 (Reuters) – Southwest Airlines (LUV.N) has promised to reimburse passengers for expenses such as hotels and car rental in addition to refunding…

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COVID travel restrictions against Chinese visitors are ‘discriminatory’ – state media

US, Japan and others require COVID tests from Chinese visitors Chinese state media calls COVID travel restrictions ‘discriminatory’ Chinese factory activity likely slowed in December…

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TSMC starts volume production of the most advanced chips in Taiwan

TAINAN, Taiwan, Dec 29 (Reuters) – Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC) (2330.TW) began mass production of its most advanced chips in southern Taiwan…

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Congress report: US FDA broke its own protocols by approving Biogen Alzheimer’s drug

WASHINGTON, Dec 29 (Reuters) – The U.S. Food and Drug Administration failed to follow its own internal guidelines and practices during the approval process for…

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Oil Lower on China Uncertainty; US demand limits drop

Oil slides for second consecutive session More countries are considering travel restrictions for Chinese visitors Falling dollar and escalating war in Ukraine support oil markets…

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US Treasury says consumer leases may qualify for electric vehicle tax credits

Dec 29 (Reuters) – The U.S. Treasury Department said on Thursday that electric vehicles leased by consumers from Jan. 1 are eligible for a clean…

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Chinese Plane Came Within 10 Feet of US Military Plane – US Army

WASHINGTON, Dec 29 (Reuters) – A Chinese military aircraft came within 10 feet (3 meters) of a U.S. Air Force plane in the disputed South…

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Exxon sues EU to block new windfall tax on oil companies

Dec 29 (Reuters) – U.S. oil giant Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to force it to scrap the…

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China’s vast campaign rushes to bolster defenses against COVID

Hospitals, funeral homes overwhelmed by the COVID wave Some countries impose testing rules on Chinese travelers China reports one new COVID death for December 28…

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Twitter outage hits thousands of users worldwide

Dec 28 (Reuters) – Twitter Inc suffered a major outage on Wednesday, preventing tens of thousands of users worldwide from accessing the popular social media…

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