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Mercedes-Benz to sell off Russian assets to local investor

German carmaker Mercedes-Benz is expected to sell its Russian assets to a local investor, the Russian ministry of industry and trade said Wednesday, becoming the latest automaker to exit since Moscow sent troops to Ukraine.. "Mercedes-Benz intends to sell its shares in Russian subsidiaries to a local investor," Avtodom, the ministry said in a Telegram statement.

28 dead in Bangladesh cyclone, millions without power

Bangladesh rescue workers found the bodies of four missing crew of a dredger boat, taking the death toll from Cyclone Sitrang to 28 as millions remained without power, officials said Wednesday.. Fire department divers found the bodies of four crew of a dredger boat that sank during the storm in the Bay of Bengal.

Santander's net profit climbs to 2.4 bn euros in Q3

Spanish banking giant Banco Santander on Wednesday announced an 11-percent increase in net profits year-on-year in the third quarter.. Ana Botin, the executive chair of Banco Santander, said the group had delivered a "strong quarter with revenues increasing and profitability remaining above target... supported by our rock-solid balance sheet".

Britain's Sunak to face opposition in parliament for first time as PM

Rishi Sunak will on Wednesday face off against opposition lawmakers for the first time as British prime minister, in a likely raucous parliamentary session following weeks of political turmoil. . The largely same-look cabinet could hold an inaugural meeting Wednesday before Sunak heads to the House of Commons for his first weekly "Prime Minister's Questions", when he will battle Labour leader Keir Starmer and other opposition lawmakers.

Iran tensions rise in protests ahead of Mahsa Amini ceremony

Iranian students protested Tuesday at multiple universities, defying a bloody crackdown as tensions mount on the eve of planned ceremonies marking 40 days since Mahsa Amini's death. . Wednesday marks 40 days since Amini's death and the end of the traditional mourning period in Iran.

South Sudan VP rejects ouster from ruling party

South Sudan's vice president, Riek Machar, has rejected a move to kick him out of the ruling party, a sign of renewed political tensions that could put pressure on the country's rocky peace process.. Former rebels from the rival camps were integrated into the country's army in August, ending years of deadlock between the two men and renewing hope of lasting peace.

Russia rejects US basketballer's appeal of 'traumatic' sentence

A Russian court on Tuesday rejected an appeal from US basketball star Brittney Griner of her nine-year prison term on drug charges, ignoring her plea for the "traumatic" sentence to be reduced.. "I really hope that the court will adjust this sentence because it has been very, very stressful and very traumatic," Griner said.

Battling the cold in the trenches of eastern Ukraine

With "tactical socks", NATO standard sleeping bags and even a sauna, a unit of soldiers from Ukraine's 5th brigade is preparing for winter in a trench on the eastern front.. "But what warms us up even more than socks or NATO standard sleeping bags, are the words, the calls and the little drawings of our loved ones," Syrotiuk said, smiling. dar-dt/jbr/jmm

Ethiopia peace talks open in South Africa

Peace talks between the warring sides in the brutal two-year-old conflict in Ethiopia's Tigray region opened in Pretoria on Tuesday, the South African presidency announced.. "South Africa is hosting peace talks to end the conflict in the Tigray region," Vincent Magwenya, spokesman for President Cyril Ramaphosa, told reporters.