Town Hall News

(Reuters) – Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a big surge in revenue from the AI boom, days after larger peer Nvidia Corp signaled the huge potential for the technology. The gains were set to add nearly $10 billion to Marvell’s market value as investors chase exposure to AI to counter weakness in many technology companies’ traditional services and […]

By Francesco Canepa and Tom Sims FRANKFURT (Reuters) – As banks came under mounting pressure in March, Deutsche Bank used big trades to give its cash buffers a temporary boost, employing a method that European regulators have raised concerns over, two sources familiar with the situation said. Deutsche swapped billions of euros in securities for cash and government bonds, the sources told Reuters, which count towards its liquidity coverage ratio […]

BRUSSELS (Reuters) – An overnight direct train service connecting Brussels and Berlin was launched this week by Dutch-Belgian railway firm European Sleeper reflecting a push in Europe to bolster less polluting alternatives to air travel. The European Commission has voiced support for establishing new rail services to improve cross-border connections in the bloc. The European Sleeper also plans a night service train from Amsterdam to Barcelona, due to start up […]

By Viktoria Lakezina STEPOVA DOLYNA, Ukraine (Reuters) – Hanna Plishchynska, a pensioner, has been using a metal detector to comb her fields for mines and war detritus in the ruins of her village in southwesten Ukraine, so she can put her cow out to pasture and plant vegetables. The 67-year-old returned several weeks ago to her home in Stepova Dolyna, a rural community of 150 people in Mykolaiv region that […]

By Maya Gebeily and Laila Bassam BEIRUT (Reuters) – Once celebrated as a financial wizard, Lebanese central bank governor Riad Salameh is spending his final weeks in office a wanted man, faced with French and German arrest warrants that have been prompted by long-running corruption probes. The warrants are the latest twist in cross-border investigations into whether Salameh, the governor for three decades whose term ends in July, abused his […]

(Reuters) – Ford CEO Jim Farley said Tesla’s Superchargers may become the standard for EV charging in the U.S., a day after the Michigan-based company struck a deal allowing Ford owners to gain access to the rival charging stations in North America. “I think there’s a chance you know,” Farley said in response to a question on CNBC on whether Tesla Superchargers will become the standard for EV charging. Ford […]

(Reuters) – Ford CEO Jim Farley said Tesla’s Superchargers may become the standard for EV charging in the U.S., a day after the Michigan-based company struck a deal allowing Ford owners to gain access to the rival charging stations in North America. “I think there’s a chance you know,” Farley said in response to a question on CNBC on whether Tesla Superchargers will become the standard for EV charging. Ford […]

By Nafisa Eltahir and Khalid Abdelaziz CAIRO/DUBAI (Reuters) -Sudan’s warring sides are complying better with a ceasefire, monitors Saudi Arabia and the United States said on Friday, despite reports of sporadic fighting in Khartoum and elsewhere. The army and paramilitary Rapid Support Forces (RSF) began a seven-day truce on Monday intended to allow access to aid and services after battles since mid-April that have killed hundreds and created a refugee […]

By Olena Harmash and Max Hunder KYIV (Reuters) -A Russian missile hit a clinic in the eastern Ukrainian city of Dnipro on Friday, killing two people and wounding 30 in an attack that President Volodymyr Zelenskiy called a crime against humanity. Video footage showed a devastated building with smoke pouring out of it and rescue workers looking on. Much of the upper floor of what appeared to be a three-storey […]