Town Hall News

BENGALURU (Reuters) -A consortium led by India’s Tata Consultancy Services received an order of more than 150 billion rupees ($1.83 billion) from state-run Bharat Sanchar Nigam Ltd (BSNL) to deploy a 4G network across the country, the company said on Monday. The order comes as India’s IT services companies grapple with demand uncertainty. TCS, India’s top IT services provider, has been contending with pressure in its “large deals” segment, comprising […]

GENEVA (Reuters) -The head of the World Health Organization on Monday urged countries to carry out the reforms needed to prepare for the next pandemic and honour a previous commitment to boost financing for the U.N. health agency. Speaking at the WHO’s annual health assembly weeks after ending the global emergency status for the COVID-19 pandemic, Tedros Adhanom Ghebreyesus said it was time to advance negotiations on preventing the next […]

By Lincoln Feast (Reuters) – When Portugal’s Teresa Bonvalot qualified for the Tokyo Games in 2021 as a then 21-year-old, she had barely a month to prepare for surfing’s Olympic debut and the biggest event of her life. Now, more than a year out from the Paris Games, Bonvalot has again booked an Olympic ticket and is relishing the extra time to ready her mind, body and equipment. “That was […]

DUBAI (Reuters) -Ali Shamkhani, long-time ally of Iran’s supreme leader, has stepped down as the country’s top security official, Iranian state media said on Monday, two months after signing a China-brokered deal with Saudi Arabia to end political rift. An Iranian insider said the change in leadership at the Supreme National Security Council was unlikely to have an impact on its policies and that Shamkhani might be considered for a […]

By Jane Lanhee Lee and Stephen Nellis SANTA CLARA, California (Reuters) – U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing. The center, which will be based in Sunnyvale, California, will come on line in 2026 and create up to 2,000 engineering jobs, said Applied, […]

KYIV (Reuters) -Ukraine said on Monday its troops were still advancing on the flanks of the devastated eastern city of Bakhmut, although the “intensity” of their movement had decreased and Russia was bringing in more forces. Russia said on Saturday it had completely taken Bakhmut, but Ukrainian officials have said since then that Kyiv’s forces still control a small part of the city. Deputy Defence Minister Hanna Maliar reiterated on […]

LONDON (Reuters) -There’s no shortage of events, data and high drama for markets in the days ahead. Wrangling over the debt ceiling in Washington continues, Greek voters head to the polls and data from the United States to China and Europe could show just how quickly inflation and economic growth are easing. Here’s a look at the week ahead in markets from Kevin Buckland in Tokyo, Lewis Krauskopf in New […]

By Kate Abnett BRUSSELS (Reuters) – The European Parliament has delayed a planned vote to approve new EU renewable energy targets, after France and other countries lodged last-minute opposition to the law last week, according to an internal email seen by Reuters. The vote in the Parliament’s energy committee had been due to take place on Tuesday. The email said the vote was postponed until June, without specifying a date. […]

By Kate Abnett BRUSSELS (Reuters) – The European Parliament has delayed a planned vote to approve new EU renewable energy targets, after France and other countries lodged last-minute opposition to the law last week, according to an internal email seen by Reuters. The vote in the Parliament’s energy committee had been due to take place on Tuesday. The email said the vote was postponed until June, without specifying a date. […]