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The US on Saturday launched a wave of air strikes against Houthi rebels in Yemen, as Donald Trump warned that “hell will rain down upon” the Iran-backed group if they continue to attack shipping in the Red Sea. The US president also warned Iran to halt its support for the…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Intel has appointed Lip-Bu Tan as its chief executive, ending a months-long search for a new leader after the troubled US chipmaker’s board ousted Pat Gelsinger in December. Tan, former chief executive…

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