Town Hall News

By Mrinmay Dey and Scott Murdoch (Reuters) -UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia as part of a plan to shore up talent in markets where its rival has a stronger presence, a source with direct knowledge of the matter said. Switzerland’s biggest bank is in advanced discussions to keep dozens of Credit Suisse’s senior dealmakers in countries including […]

By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers (PwC) Australia has named at least 67 current and former staff involved in the leak of confidential government tax plans in an unpublished letter to lawmakers, according to a spokesperson for the firm on Monday. PwC Australia provided a list naming four former partners involved in the leak, as well as a list of 63 current and former staff who received at least one […]

RIYADH (Reuters) – Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues to expand its diplomatic outreach beyond traditional Western alliances. Maduro was received at the airport of the Saudi Red Sea city of Jeddah by Deputy Governor of Mecca region Prince Badr bin Sultan and other officials, Saudi state news agency SPA said. Venezuela’s Maduro is the latest U.S. foe to […]

By Muyu Xu SINGAPORE (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world’s biggest oil importer. Last week, the maritime safety administrations at Qingdao and Rizhao, which covers the oil terminals at the port of […]

By Guy Faulconbridge MOSCOW (Reuters) -Russia said on Monday its forces had thwarted a major Ukrainian offensive at five points along the front in the Ukrainian region of Donetsk and killed hundreds of troops while Ukraine accused Moscow of spreading lies. It was not immediately clear whether or not the attack represented the start of a Ukrainian counteroffensive which Kyiv has been promising for months to drive out Russian forces […]

LONDON (Reuters) -Prince Harry will become the first British royal to appear in the witness box since the 1890s when he testifies this week at the High Court in London as part of his lawsuit against Mirror Group Newspapers. Here are details of the trial: WHAT IS THE COURT CASE ABOUT? Harry and more than 100 other people are suing Mirror Group Newspapers (MGN), publisher of the Daily Mirror, the […]

By Angus Berwick and Tom Wilson LONDON – A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. U.S. lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of Binance CEO Changpeng Zhao, to operate the accounts in 2019 and 2020, according to records from […]

By Sam Tobin LONDON (Reuters) – Prince Harry is expected to appear at London’s High Court on Monday as he prepares to give evidence in his lawsuit against the publisher of British tabloid the Daily Mirror. Harry, King Charles’ younger son, will this week become the first senior British royal to give evidence in court for 130 years, which is likely to take place on Monday or Tuesday. He is […]

By Aditi Shah ISTANBUL (Reuters) – Competing airlines flying over Russia is a big issue, United Airlines CEO Scott Kirby told reporters on the sidelines of an aviation conference in Istanbul. Kirby said he worries if airlines flying over Russia carrying American citizens have to divert to a Russian airport because of medical or technical issues. “What’s going to happen if an airline lands in Russia with some prominent U.S. […]