Town Hall News

(Reuters) -Chindata Group said on Wednesday that investor Bain Capital has offered to take the Chinese data center operator private in a deal valuing the company at $2.93 billion. Chindata’s shares, which have lost more than a fifth of their value this year, rose about 16% to $7.29 in trading before the bell. Bain Capital’s proposal values each American depositary share of Chindata at $8, representing a premium of more […]

By Osama Khairy (Reuters) – The arrival of Ballon d’Or winner Karim Benzema at Saudi Arabia champions Al-Ittihad may not be all positive as the deal puts the future of Saudi Pro League top scorer Abderrazak Hamdallah in doubt. On Tuesday, Al-Ittihad signed Real Madrid’s second all-time top scorer, with 354 goals in a trophy-laden 14 years, on a three-year mega deal, before confirming he will wear the number nine […]

(Reuters) -Chindata Group said on Wednesday that investor Bain Capital has offered to take the Chinese data center operator private in a deal valuing the company at $2.93 billion. Chindata’s shares, which have lost more than a fifth of their value this year, rose about 16% to $7.29 in trading before the bell. Bain Capital’s proposal values each American depositary share of Chindata at $8, representing a premium of more […]

By Tim Reid (Reuters) – Former Vice President Mike Pence, who served Donald Trump with unwavering loyalty but later turned on him after the 2021 attack on the U.S. Capitol, will formally challenge his former boss for the Republican presidential nomination on Wednesday. It is extremely rare for a vice president to run against a president he served under, and it has happened just a handful of times in U.S. […]

(Reuters) – Florida prosecutors and defense attorneys will make opening statements on Wednesday in the trial of a former sheriff’s deputy charged with failing to protect students as the 2018 mass shooting unfolded at Parkland’s Marjory Stoneman Douglas High School. Scot Peterson was on duty as a school resource officer when a gunman entered a building in Feb. 14, 2018 and opened fire, killing 17 and wounding another 17. Peterson […]

By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval was at 41% in recent days, close to the lowest level of his presidency but little changed following a tense negotiation with congressional Republicans over the federal government’s debt, a Reuters/Ipsos poll showed. The four-day poll, which ended on Monday, showed a marginal increase in Biden’s popularity from last month, when 40% of respondents said they approved of […]

A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. stock market volatility back at pre-pandemic lows, you’d be forgiven for wondering where the market angst had gone. Wall St’s ‘fear index’, the VIX gauge of implied S&P500 equity volatility, closed below 14 on Tuesday for the first time since February 2020 – more than 5 points below its 33 year average. The S&P500 […]

By Brenda Goh and Joe Cash SHANGHAI/BEIJING (Reuters) – A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon have made their way to a reopened China in the last few months. One notable common strand: they’ve not talked much in public about their trips which have mostly consisted of meetings with government officials, local staff and business partners. Media events and other public engagements, […]

(Reuters) – Florida prosecutors and defense attorneys will make opening statements on Wednesday in the trial of a former sheriff’s deputy charged with failing to protect students as the 2018 mass shooting unfolded at Parkland’s Marjory Stoneman Douglas High School. Scot Peterson was on duty as a school resource officer when a gunman entered a building in Feb. 14, 2018 and opened fire, killing 17 and wounding another 17. Peterson […]