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MELBOURNE, Australia (AP) — Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters. The government released draft legislation Tuesday it intends to introduce to Parliament by July 2 that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism. The platforms’ criticisms included that the proposal was a “digital […]

By Raghed Waked and Zohra Bensemra BEIRUT, April 28 (Reuters) – It has been nearly two months, but Rabih Khreiss still has trouble recognising his new life.  The father-of-nine could once put food on the table through his car workshop in southern Lebanon, but is now barely surviving in a tent in the capital Beirut.  Like so many others, the Khreiss family fled their southern hometown of Khiyam in the […]

BANDAR SERI BEGAWAN, April 28 (Reuters) – The European Union’s foreign policy chief Kaja Kallas urged partner countries in Southeast Asia on Tuesday not to turn to Russia for oil supplies as they try to cope with widespread fuel shortages caused by the Middle East conflict.   The EU approved a fresh round of sanctions on Russia this month, including tightened restrictions on oil trade, as it looks to undermine […]

April 28 (Reuters) – The U.S. National Highway Traffic Safety Administration (NHTSA) has upgraded its probe into Jaguar Land Rover vehicles to an engineering analysis, the agency said on Tuesday, following reports that the front aluminum steering knuckles could fracture. The auto safety regulator said the investigation covers 331,559 vehicles, and includes Range Rover and Range Rover Sport models from the 2014 to 2022 model years.  NHTSA had opened a […]

By Siddarth S April 28 (Reuters) – Fears that artificial intelligence could disrupt long-term U.S. corporate growth have renewed investor focus on how much of stock valuations depend on profits expected beyond the next decade, particularly in sectors such as software, Goldman Sachs analysts said. Profits expected more than 10 years into the future – often called terminal value – now account for about 75% of the S&P 500’s equity […]

By Emmanuel Bruce ACCRA, April 28 (Reuters) – A Ghanaian military convoy protecting 140 civilians came under fire in the northern town of Binduri on Monday, resulting in the death of three of the people being escorted and one injury, the armed forces said. • The convoy was travelling in Ghana’s Upper East Region from Bawku towards Bolga when unidentified assailants opened fire on it multiple times, the armed forces […]

PHOENIX (AP) — Oklahoma City’s first-round dominance in the NBA playoffs continues. The road should get at least a little tougher in the coming weeks — but there’s little doubt the defending champions are well-equipped to defend their title. The Thunder finished off a four-game sweep of the Phoenix Suns on Monday night, winning 131-122 after pulling away in the fourth quarter. Oklahoma City is 12-0 in the first round […]

DUBAI, April 28 (Reuters) – Iran is ready to share its defensive weapons capabilities with “independent countries, especially members of the Shanghai Cooperation Organisation (SCO)”, Deputy Defence Minister Reza Talaei-Nik said on Tuesday, according to Iranian state media.  Iran fought a war with the United States and Israel from late February to early April, during which it launched waves of drones and missiles aimed at U.S. bases across the region […]

April 28 (Reuters) – Shares in chemicals giant Bayer fell as much as 6.5% on Tuesday after the U.S. Supreme Court appeared split over what view it will form in Bayer’s fight against Roundup lawsuits. At 0731 GMT, the stock was down 3.2%. The Supreme Court appeared divided on Monday over Bayer’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active […]