Town Hall News

(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will meet privately with a group of moderate House Democrats on Tuesday, with banking and the U.S. economy on the agenda, Bloomberg News reported on Monday citing people familiar with the matter. The news comes after the company said early on Monday that Dimon does not intend to run for office after speculation in recent days about his potential […]

By Kevin Buckland TOKYO (Reuters) – The dollar languished well below last week’s 2-1/2-month highs on Tuesday after unexpectedly soft U.S. services data firmed up expectations for a rate pause at the Federal Reserve’s meeting next week but clouded the policy outlook for the months ahead. The Aussie hovered not far from last week’s high ahead of the Reserve Bank of Australia’s policy decision later in the day, with analysts […]

TEGUCIGALPA (Reuters) – Honduran President Xiomara Castro is set to travel this week to China, her foreign minister said on Monday, the leftist leader’s first visit to the Asian giant after establishing formal diplomatic relations with it in March. Castro’s trip marks the latest step in the two nations’ new relationship, after her government ditched ties with Taiwan in favor of Beijing. Foreign Minister Enrique Reina told reporters at an […]

By Kevin Buckland TOKYO (Reuters) – The dollar languished well below last week’s 2-1/2-month highs on Tuesday after unexpectedly soft U.S. services data firmed up expectations for a rate pause at the Federal Reserve’s meeting next week but clouded the policy outlook for the months ahead. The Aussie hovered not far from last week’s high ahead of the Reserve Bank of Australia’s policy decision later in the day, with analysts […]

(Reuters) – Russia’s Foreign Minister Sergei Lavrov said on Monday that U.S.-built F-16 fighter jets can ‘accommodate’ nuclear weapons and warned that supplying Kyiv with them will escalate the conflict further. “We must keep in mind that one of the modifications of the F-16 can ‘accommodate’ nuclear weapons,” Lavrov said in a speech at a military base in Dushanbe in Tajikistan, according to a transcript on the ministry’s website. “If […]

WASHINGTON (Reuters) -Life sciences firm Illumina on Monday filed an appeal against a Federal Trade Commission (FTC) order demanding that it divest cancer diagnostic test maker Grail over competition concerns in the U.S. market for cancer tests. The FTC, which enforces antitrust law, first filed a complaint in March 2021 to stop Illumina’s bid for the remainder of its formerly part-owned subsidiary. Illumina completed the deal that year despite the […]

By Ella Cao and Ryan Woo BEIJING (Reuters) – Chinese universities are drastically increasing tuition fees this year, with some making their first rises in two decades, hurt by a reduced national budget for tertiary education and tight local government finances. The higher fees come amid a financial crunch among local governments after three years of disruptive COVID-19 policies, a property crisis and a sluggish economy. Chinese universities, almost all […]

WASHINGTON (Reuters) -Life sciences firm Illumina on Monday filed an appeal against a Federal Trade Commission (FTC) order demanding that it divest cancer diagnostic test maker Grail over competition concerns in the U.S. market for cancer tests. The FTC, which enforces antitrust law, first filed a complaint in March 2021 to stop Illumina’s bid for the remainder of its formerly part-owned subsidiary. Illumina completed the deal that year despite the […]

By Valentyn Origenko KYIV (Reuters) – Russia launched a new wave of overnight air strikes on Kyiv, with officials at the Ukrainian capital saying that air defence systems downed more than 20 cruise missiles on their approach. “All were shot down, there were no hits,” Serhiy Popko, head of Kyiv’s military administration, said on the Telegram messaging app. Reuters could not independently verify the report. Reuters’ witnesses reported hearing several […]