Town Hall News

By Joice Alves and Scott Murdoch LONDON/SYDNEY (Reuters) – The U.S. dollar steadied after climbing to a two-month high and European stocks flattened on Tuesday as relief that a possible default by the U.S. government had been averted gave way to concern that the deal could face a rocky path through Congress. The U.S. dollar index and longer-dated U.S. Treasuries rallied as traders welcomed the deal to suspend Washington’s borrowing […]

By Mahamat Ramadane and Zohra Bensemra KOUFROUN, Chad (Reuters) – There used to be one family in Fanna Hamit’s compound, now there are 11 families struggling to get by selling roasted crickets after she took in relatives fleeing the conflict in Sudan. They are among 90,000 people who have escaped to Chad since fighting broke out in Sudan in mid-April – a major extra burden on one of the world’s […]

By Guy Faulconbridge and Pavel Polityuk MOSCOW/KYIV (Reuters) -Ukrainian drones struck Moscow on Tuesday but were neutralised, Russia said in what one politician called the worst attack on the capital since World War Two, while Kyiv was also hit by air for the third time in 24 hours. Since Russia sent troops into its neighbour in February last year, the war has largely been fought inside Ukraine, though Moscow has […]

JOHANNESBURG (Reuters) – South Africa’s President Cyril Ramaphosa has appointed a panel to investigate U.S. allegations that a Russian ship had collected weapons from a naval base near Cape Town last year, the presidency said in a statement on Sunday. The U.S. ambassador to South Africa Reuben Brigety said on May 11 that he was confident that a Russian ship, which docked at a naval base in Simonstown in the […]

TOKYO (Reuters) – Daimler Truck Holding AG and Toyota Motor Corp have struck a preliminary deal to combine their truck units in Japan, the companies said on Tuesday. Under the memorandum of understanding (MOU), the businesses of Daimler-owned Mitsubishi Fuso Truck and Bus Corp and Toyota subsidiary Hino Motors Ltd would be combined under a holding company, they said in a statement. The shares of the new company are expected […]

ISTANBUL (Reuters) – Tayyip Erdogan extended his rule into a third decade by defeating Kemal Kilicdaroglu in Turkey’s presidential election on Sunday. Here are details on how it unfolded: WHAT WERE THE FINAL RESULTS? In the first round of elections on May 14, Erdogan received 27.13 million votes and his rival Kilicdaroglu 24.60 million votes, according to official results from the High Election Board of Turkey. Since none of the […]

BILLY-BERCLAU, France (Reuters) – France will inaugurate on Tuesday a battery-making gigafactory, the first of four such plants European and Asian companies plan to build in the north of the country. The development by Automotive Cells Company, a joint-venture between Stellantis, Mercedes and TotalEnergies, involves total investment of 2 billion euros ($2.20 billion) – with the French state and local authorities providing nearly half. It highlights the race between European […]

COPENHAGEN (Reuters) – Denmark’s government proposed on Tuesday to invest 143 billion Danish crowns ($21.14 billion) in defence over the next 10 years, in line with a pledge to meet NATO’s spending target. A founding member of the North Atlantic Treaty Organization, Denmark scaled down its military capabilities to wage a land war in Europe after the end of the Cold War. But in response to the Ukraine crisis, it […]

By Nyasha Chingono DOMBOSHAVA, Zimbabwe (Reuters) – Bridget Magasu is the first to arrive for the training session, clutching a rugby ball while she waits for other members of her all-female rugby team to arrive. Usually a sport reserved for the affluent suburbs of Zimbabwe’s major cities, rugby is making inroads in the countryside, where it offers a release from the woes of poverty, early marriage and unemployment which have […]