World News: 06 October 2022

Porsche overtakes Volkswagen as Europe's most valuable carmaker
The rise pushes Porsche's valuation beyond Volkswagen's 77.7 billion euros. Mercedes-Benz MBGnDE> comes in third among European carmakers with a 57.2 billion euro valuation, followed by BMWG.DE with 47.5 billion euros and Stellantis STLA.MI with 39.7 billion.

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Maiden Pharmaceuticals: WHO links Gambia deaths to India-made cough syrups
The World Health Organization has issued a product alert on four cough syrups made in India, linking them with 66 child deaths in The Gambia. This came after an investigation into the deaths of children from kidney injuries in the West African country. The health body is "conducting further investigation" with the firm - Maiden Pharmaceuticals - and Indian authorities. It has also advised regulators to stop sale of the syrups.

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Climate Migration: Floods displace villagers in Indonesia
Some 300 miles (500 kilometers) from Jakarta, entire villages along the Java Sea are submerged in murky brown water. Experts say rising seas and stronger tides as a result of climate change are some of the causes. Gradual sinking of the land and development are also to blame.

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Nigerian oil export terminal had theft line into sea for 9 years
The four kilometer connection line from the Forcados export terminal, which typically exports around 250,000 barrels per day (bpd) of oil into the sea, was found during a clamp-down on theft in the past six weeks, head of state oil company NNPC, Mele Kyari said.

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About 118,000 still without power in Puerto Rico two weeks after Fiona
Fiona hit Puerto Rico on Sept. 18, about five years after Hurricane Maria also knocked out all power on the island. After hitting Puerto Rico and the Dominican Republic, Fiona turned north and slammed into eastern Canada on Sept. 24, leaving more than a third of Nova Scotia without power.

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Sydney beats 1950 rainfall record with 3 wet months to spare
The city of 5 million people beat its 1950 record of 2,194 millimeters (86.4 inches) at 12:30 p.m. on Thursday when 27.2 mm (1.07 in) of rain had fallen at the Observatory Hill rain gauge since morning, Australia’s Bureau of Meteorology said. Records at Observatory Hill go back to 1859. Heavy rain is forecast to continue across Sydney and other parts of southeast Australia, peaking on Saturday. The Bureau of Meteorology last month declared that a La NiƱa weather pattern, which is associated with above-average rainfall in eastern Australia, was underway in the Pacific.

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