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March 12 (Reuters) – U.S Senator Elizabeth Warren of Massachusetts is asking Amazon CEO Andy Jazzy to provide details on its algorithmic pricing and contracting practices for the company’s procurement platform after an advocacy group said some schools and local governments paid more for office supplies compared to others in nearby locations, according to a …
Oil prices rose back above $100 and stocks sank Thursday as Iran’s attempts to hit supplies in the Middle East and bring down the global economy overshadowed a record release of strategic crude reserves by the International Energy Agency. Stock markets in Asia closed down Thursday and European markets opened with losses as investors saw …
By Robbie Corey-Boulet and Diadie Ba DAKAR, March 12 (Reuters) – Senegal’s National Assembly late on Wednesday overwhelmingly passed a bill doubling the maximum prison term for same-sex sexual acts to 10 years and criminalising any efforts to promote homosexuality. The law – passed by 135 votes to zero, with three abstentions – fulfils a …
The U.S. and Israel underestimated Iran’s capabilities and it’s unlikely the regime will collapse, according to a Middle East analyst, who warned that Iran could now be more determined to obtain nuclear weapons. In an interview with CBS News on Tuesday, Danny Citrinowicz, a nonresident fellow at the Atlantic Council, a nonpartisan think tank, said …
WASHINGTON, March 11 (Reuters) – The U.S. plans to release 172 million barrels of oil from its Strategic Petroleum Reserve, more than 40% of a wider release coordinated with allies, to help dampen prices spiked by supply disruptions from the U.S.-Israeli war on Iran. The U.S. sale, announced late on Wednesday, is part of a …
LOS ANGELES (AP) — It’s still technically winter, but it’s starting to feel like summer in Southern California with forecasters predicting unseasonably hot weather, including temperatures around 93 degrees (33.8 Celsius) in downtown Los Angeles. It’s expected to be about 20 degrees warmer than normal for mid-March, the National Weather Service said. That means people …
DAKAR, Senegal (AP) — Senegal ‘s parliament has approved a law that toughens punishment for homosexuality in the largely Muslim West African nation. The new law, which was introduced to parliament last month by Prime Minister Ousmane Sonko, describes homosexual acts as being “against nature.” It doubles the punishment for those convicted from prison sentences …
TAIPEI, March 12 (Reuters) – Taiwan’s three main political parties agreed on Thursday to authorise its government to sign U.S. agreements for four arms sales packages, after officials warned that Taipei would go to the back of the line if it missed the deadline. The back and forth on Taiwan’s defence spending has provoked concern …
LONDON, March 12 (Reuters) – The war in the Middle East is creating the biggest oil supply disruption in the history of the global market, the International Energy Agency said on Thursday, a day after the agency agreed to release a record volume of oil from strategic stockpiles. Middle East Gulf countries have cut total …
MOSCOW, March 12 (Reuters) – A Russian military court handed down life sentences on Thursday to four Tajik men and 11 accomplices over their involvement in a mass shooting that killed 149 people at a concert hall near Moscow two years ago, Russian state news agency TASS reported. Prosecutors charged 19 people in connection with …