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IN THE NEWS

Low French rainfall adds new cloud to global food market

Low French rainfall adds new cloud to global food market

French farmer Robin Lachaux is worried about his wheat. In normal years, it flowers and bulks up in May thanks to regular spring rainfall, but this year hot and dry conditions risk stunting its progress.

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How Sri Lanka's economy went into a tailspin

How Sri Lanka's economy went into a tailspin

Sri Lanka is suffering its worst economic crisis since its independence from Britain in 1948.

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Asian, European stocks down as inflation fears churn markets

Asian, European stocks down as inflation fears churn markets

Asian and European equities slumped on Thursday following Wall Street's lead, after a key US report renewed fears of inflation and a tightening of monetary policies.

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Suzuki in talks to quit MotoGP in 2022: company

Suzuki in talks to quit MotoGP in 2022: company

Suzuki announced on Thursday they want to quit MotoGP and are holding talks with the championship promoters Dorna over breaking their contract.

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UK oil capital tackles the energy transition... up to a point

UK oil capital tackles the energy transition... up to a point

In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city's port, and hydrogen buses are clear evidence of the move to green energy.

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Ukraine's Kalush Orchestra throws down motherland's beats at Eurovision

Ukraine's Kalush Orchestra throws down motherland's beats at Eurovision

With their infectious musical fusion of roots and rhythm, Ukrainian folk hiphop band Kalush Orchestra is riding a wave of goodwill at the Eurovision Song Contest this year -- while eyeing the contest's top prize.

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SoftBank reports record loss as tech shares tank

SoftBank reports record loss as tech shares tank

Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year that saw its assets hit by a US tech-share rout and a regulatory crackdown in China.

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Nissan reports first full-year net profit in three years

Nissan reports first full-year net profit in three years

Nissan said Thursday its full-year net profit to March 2022 returned to the black for the first time in three fiscal years, citing cost-saving efforts and positive US market conditions.

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With Russians gone, French Riviera woos other big spenders

With Russians gone, French Riviera woos other big spenders

Private chef Selim M'nasri used to cook for wealthy Russians on the French Riviera once a month, but he says it has been "radio silence" from them since Moscow's invasion of Ukraine.

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Tourism recovering, but not back to pre-pandemic levels

Tourism recovering, but not back to pre-pandemic levels

Global tourism is roaring back to life despite Covid travel headaches and the effects of the war in Ukraine, but it has yet to return to its pre-pandemic health.

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