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What experts know so far about Nepal's deadly floods

What experts know so far about Nepal's deadly floods

The cause of the deadly landslide and flood along the Nepal-Tibet border isn't yet certain, but experts say the dangers associated with such events are compounded by the region's extreme topography, with risks rising due to climate change.

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Asian chip firms lifted by Nvidia forecast but broader markets struggle

Asian chip firms lifted by Nvidia forecast but broader markets struggle

Asian chip firms rallied Thursday following more blockbuster earnings from Nvidia that eased worries over the AI investment boom, though the euphoria was tempered by US data showing stubbornly high inflation.

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UEFA set to withdraw FIFA boycott threat ahead of Champions League draw

UEFA set to withdraw FIFA boycott threat ahead of Champions League draw

Thursday's draw for this season's Champions League has been somewhat overshadowed by the latest developments in the dispute between UEFA and FIFA over plans to bring private financing into the World Cup, with European football's governing body expected to drop a threatened boycott of global competitions.

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Search for missing after Nepal-Tibet floods kill 165

Search for missing after Nepal-Tibet floods kill 165

Rescue teams rushed Thursday to find hundreds of people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 165 and swept away entire villages.

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Sumo moves to beat Japan summer heat as temperatures rise

Sumo moves to beat Japan summer heat as temperatures rise

Sumo chiefs are planning measures to beat Japan's increasingly punishing summer heat, including avoiding venues that don't have air conditioning and lightening the load on weary wrestlers.

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Qantas says profits slump as fuel costs surge

Qantas says profits slump as fuel costs surge

Australian airline Qantas said Thursday it expects fuel costs to stay high, after the Middle East war pushed up prices and led to a slump in annual net profits.

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'Be more honest': Markets crave clarity from cryptic Fed chair

'Be more honest': Markets crave clarity from cryptic Fed chair

US Federal Reserve Chair Kevin Warsh will have to soothe investors frazzled by his cryptic communication style in a key speech on Friday, analysts say, or risk having his leadership undercut by other policymakers filling the void.

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Lofty bond yields, Bessent's intervention pose challenge to Fed's Warsh

Lofty bond yields, Bessent's intervention pose challenge to Fed's Warsh

US Treasury Secretary Scott Bessent's controversial efforts to lower Treasury yields have potentially put him at odds with Federal Reserve Chair Kevin Warsh, complicating the latter's communications challenge this week.

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Climate change leaves its mark on America's largest reservoir

Climate change leaves its mark on America's largest reservoir

From high in the hills around Las Vegas, tourist Choune Osterero gazes down at the line of chalky mineral deposits left on the rocks around Lake Mead as the level of America's largest reservoir has dropped over the last quarter of a century of drought.

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The foreigners missing in Nepal's flash floods

The foreigners missing in Nepal's flash floods

Hundreds of foreign nationals are missing in Nepal after devastating flash floods on Wednesday killed at least 160 people.

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