Town Hall News

By Luc Cohen NEW YORK (Reuters) – Three men accused of acting as illegal agents of China will face trial on Wednesday in the United States, part of an escalating crackdown on what U.S. prosecutors call Chinese state-backed intimidation of dissidents and fugitives overseas. Federal prosecutors in Brooklyn say Michael McMahon, Zheng Congying and Zhu Yong pressured a New Jersey resident to return to China to face bribery and embezzlement […]

By Luc Cohen NEW YORK (Reuters) – Three men accused of acting as illegal agents of China will face trial on Wednesday in the United States, part of an escalating crackdown on what U.S. prosecutors call Chinese state-backed intimidation of dissidents and fugitives overseas. Federal prosecutors in Brooklyn say Michael McMahon, Zheng Congying and Zhu Yong pressured a New Jersey resident to return to China to face bribery and embezzlement […]

A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling saga nearly over, the state of the global economy hoves back into view – with contrasting interest rate pictures that saw the dollar climb across the board. A deepening contraction of Chinese factory activity this month casts more doubt over the spluttering recovery of the world’s second largest economy, while Europe […]

A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling saga nearly over, the state of the global economy hoves back into view – with contrasting interest rate pictures that saw the dollar climb across the board. A deepening contraction of Chinese factory activity this month casts more doubt over the spluttering recovery of the world’s second largest economy, while Europe […]

By Julia Payne BRUSSELS (Reuters) -Ryanair delivered a petition signed by 1.1 million EU passengers to the European Commission on Wednesday, demanding that overflights be protected from air traffic control (ATC) strikes, particularly in France. CEO Michael O’Leary told reporters that due to France’s location and airspace, the cancellation of flights merely passing through French airspace during local strikes was particularly disruptive and polluting. “The next French strike is due […]

By Julia Payne BRUSSELS (Reuters) -Ryanair delivered a petition signed by 1.1 million EU passengers to the European Commission on Wednesday, demanding that overflights be protected from air traffic control (ATC) strikes, particularly in France. CEO Michael O’Leary told reporters that due to France’s location and airspace, the cancellation of flights merely passing through French airspace during local strikes was particularly disruptive and polluting. “The next French strike is due […]

WARSAW (Reuters) – A video from Poland’s ruling nationalists Law and Justice (PiS) that uses images of the Auschwitz Nazi German death camp is an insult to those who lost their lives there, the museum that preserves the site said on Wednesday. The short video, which PiS posted on social media, aims to discourage people from attending an opposition march that is due to take place in Warsaw on Sunday. […]

WARSAW (Reuters) – A video from Poland’s ruling nationalists Law and Justice (PiS) that uses images of the Auschwitz Nazi German death camp is an insult to those who lost their lives there, the museum that preserves the site said on Wednesday. The short video, which PiS posted on social media, aims to discourage people from attending an opposition march that is due to take place in Warsaw on Sunday. […]

By Krystal Hu and Stephen Nellis (Reuters) – Specialized cloud computing provider CoreWeave has raised $200 million in funding from its existing investor Magnetar Capital, highlighting investor interest in backing infrastructure powering the generative AI boom. The funding, which valued the company at more than $2 billion, comes weeks after CoreWeave raised $221 million from investors including Magnetar Capital and Nvidia. CoreWeave specializes in providing cloud computing services based on […]