Town Hall News

By Steve Gorman (Reuters) -An all-private astronaut team of two Americans and two Saudis, including the first Arab woman sent into orbit, splashed down safely off Florida on Tuesday night, capping an eight-day research mission aboard the International Space Station (ISS). The SpaceX Crew Dragon capsule carrying them parachuted into the Gulf of Mexico off the coast of Panama City, Florida, after a 12-hour return flight and blazing re-entry plunge […]

JAKARTA (Reuters) – A British consortium will invest for about $9 billion in Indonesia’s electric vehicle batteries sector and mining, working with companies such as Glencore and state miner Aneka Tambang, Indonesia’s investment minister told reporters on Wednesday. (Reporting by Stanley Widianto) Brought to you by www.srnnews.com

By Helen Reid LONDON (Reuters) – U.S. retailer Target’s decision to remove some LGBTQ-themed merchandise after customer backlash in its stores highlights the problem with companies’ “rainbow capitalism,” said Erik Carnell, a transgender designer whose products were pulled from its stores. Target has sold LGBTQ-related goods tied to Pride month for years. But last week the big-box chain removed Carnell’s products, citing an increase in confrontations between customers and employees […]

By Khalid Abdelaziz JEDDAH, Saudi Arabia (Reuters) -Sudan’s army suspended talks with a rival paramilitary force on Wednesday over a ceasefire and about enabling humanitarian access, a Sudanese diplomatic source said, raising fears of fresh bloodshed in the more than six-week-old conflict. The negotiations with the Rapid Support Forces (RSF), which began in early May, had produced a declaration of commitments to protect civilians and two short-term ceasefire deals, although […]

DUBAI (Reuters) – Intense clashes could be heard in Sudan’s capital on Tuesday, residents said, after military factions battling for more than six weeks agreed to extend a ceasefire aimed at allowing aid to reach civilians. The army and the paramilitary Rapid Support Forces (RSF) agreed to extend a week-long ceasefire deal by five days just before it was due to expire late on Monday. The truce was brokered and […]

BEIJING (Reuters) -U.S. agribusiness giant Cargill has agreed to sell its poultry business in China to private equity firm DCP Capital, it said in a statement on Wednesday. The sale of the unit known as Cargill Protein China is subject to regulatory approvals but is expected to close this year, it added. Cargill did not give a transaction price and DCP declined to comment on the deal. China is the […]

By Leika Kihara TOKYO (Reuters) – Central banks risk being late in arresting inflation if they rely too much on forward guidance – a tool used to communicate the future path of monetary policy, a widely respected economist told policymakers at a Bank of Japan-hosted event on Wednesday. Forward guidance is an effective tool when central banks, faced with zero short-term interest rates, want to push down long-term borrowing costs […]

BERLIN (Reuters) – Volkswagen will not participate in a discount battle in China “at any price”, Chief Operating Officer Ralf Brandstaetter said in an interview released on Wednesday. “Volkswagen is focusing on a sustainable business model. In concrete terms, this means that we will not participate in the discount battle at any price,” Brandstaetter said in an interview for the company’s intranet. “Our market position is strong enough. For us, […]

HUELVA, Spain (Reuters) – Spanish startup PLD Space called off the test launch of its first suborbital reusable rocket scheduled for Wednesday morning, citing strong high-altitude winds. The company said it intended to try again in the coming days. PLD Space’s test is set to be its first step in the race to put small satellites into space and capture a slice of a potential trillion-dollar market. The launch from […]