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US announces to give Lebanon $80.5 million in aid amid economic crisis

The United States announced Wednesday that it will give $80.5 million in aid for food assistance and solar-powered water pumping stations in the crisis-battered country of Lebanon

Hurricane Nicole forms after pounding Bahamas; Florida awaits Nov storm

A Florida-bound storm strengthened into Hurricane Nicole on Wednesday after pounding the Bahamas as U.S. officials ordered evacuations that included former President Donald Trump's Mar-a-Lago club

Russia says withdrawing from Ukraine's city of Kherson and nearby areas

The Russian announcement came as villages and towns in Ukraine saw more heavy fighting and shelling Wednesday

Covid lockdowns hit China manufacturing hub, disrupt global supply chains

The order came after the densely populated city of 13 million reported more than 2,500 new cases over the previous 24 hours

Russia announces troops withdrawal from west bank of Dnipro river

As the reports of a Russian withdrawal emerged, Zelenskyy met with his senior military staff in Kyiv to discuss the situation on the front, including attempts to recapture territory

Aus to stop ex-military pilots flying for China; Britain shares concern

Australias allies Britain and Canada share Australia's concerns that China is attempting to poach military expertise

Germany blocks Chinese-owned firm's chip factory 85 mn euro deal

Although the proposed deal wasn't very significant financially and technology wise, it had raised concerns over the wisdom of putting German IT production capacity in Chinese hands

Republicans, Democrats notch victories in competitive midterm races

A district-by-district fight was underway for control of the House, where Democrats held closely watched seats in moderate suburban districts from Virginia to Kansas and Rhode Island

WHO reports nearly 90% drop in Covid deaths globally since February

Almost 10,000 deaths a week is 10,000 too many for a disease that can be prevented and treated

German economy to shrink by 0.2% in 2023, say economic advisers

The advisers' forecast of 1.7% growth this year and a decline of 0.2% in 2023 contrasts with a forecast at the end of March that German GDP would expand by 1.8% this year and 3.6% next year

Redfin to cut another 13% workforce, shuts down subsidiary RedfinNow

More rate hikes are expected into next year, though inflation data coming from the government Thursday could play into the Fed's strategy

European Union eyes cheap loan plan for 'stable' Ukraine funding in 2023

The EU intends to provide an additional 2.5 billion euros to Ukraine this month, and 500 million more in December

Carmaker SEAT to build Spain's first electric vehicle battery plant

Spanish carmaker SEAT said on Wednesday that it plans to build Spain's first electric car battery plant as part of a 10-billion-euro investment in the country's electric car initiative.

Meta lays off 11,000 employees across board after disappointing earnings

Employees who lose their jobs would be provided at least four months of salary as a severance, according to some reports

World shares slip as markets await US midterm election results, price data

Britain's FTSE 100 shed 0.3 per cent to 7,281.54. The futures for the S and P 500 and Dow industrials were down less than 0.3 per cent

North Korea fires ballistic missile towards eastern sea: South Korea

The South's Joint Chiefs of Staff on Wednesday did not immediately say how far the missile flew

Republican Greg Abbott wins 3rd term as Texas governor, beats O'Rourke

Abbott, 64, strengthened his position as a potential 2024 presidential contender and secured his place as the state's second-longest serving governor.

Democrats beat Trump-backed Republican candidates in liberal states

Democrat Maura Healey became the first woman elected as Massachusetts governor and Wes Moore became the first Black governor of Maryland

Emmanuel Macron urges France's big polluters to cut emissions by half

'If you double your efforts... we will double the financing dedicated to this issue and will increased the state aid package from 5 to 10 billion euros'

US expands sanctions on Myanmar, North Korea's aviation, defence sectors

The Treasury Department announced Tuesday that it had imposed penalties on two agents for North Korea's state-owned airline Air Koryo and redesignated a previously sanctioned North Korean cyber agency