Town Hall News

By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Group of Seven (G7) nations to strictly enforce price caps on Russian energy would impact exports. Brent crude futures climbed 14 cents, or 0.2%, to $75.72 a barrel by 0018 GMT while U.S. West Texas Intermediate […]

By Steve Keating ROCHESTER, New York (Reuters) – Rory McIlroy could not recall any of the shots he made during a grinding PGA Championship but said he will remember at least one by Michael Block, his final round playing partner on Sunday. Even when not at the top of his game like he was this week at Oak Hill, it takes something special to upstage the charismatic Northern Irishman, and […]

Former US Presidential Adviser Abrams Warns of American Retreat From Mideast Veteran American foreign policy adviser Elliott Abrams warns that US’s shift in focus toward China and Ukraine creates a policy void in the Middle East, notably around Iran, altering regional dynamics and alliances By Debbie Mohnblatt/The Media Line In the 11th episode of The Media Line’s Spanish-language podcast, Medio Oriente 123, host Debbie Mohnblatt is joined by prominent American […]

MELBOURNE (Reuters) – Australia has won the support of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for electric cars and defence, and is also setting itself up as a major hydrogen […]

TOKYO (Reuters) – Japan core machinery orders fell in March for a second straight month, indicating firms’ cautious about capital spending amid worries about the global economic slowdown. Japan’s economy emerged from recession in the first quarter as a post-COVID consumption rebound offset global headwinds. But tame reading in the machinery orders may cast doubts about the pace of the economic recovery. Core orders, a highly volatile data series regarded […]

MEXICO CITY (Reuters) – Grupo Mexico said on Sunday its negotiations with the government are facing difficulties after the Mexican Navy took over part of a railway in southern Mexico operated by a unit of the company last week. Grupo Mexico Transportes said negotiations with authorities about the railway concession spanning from Coatzacoalcos to Medias Waters in the western Veracruz state would continue. The statement noted the government had scrapped […]

By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after a “productive” phone call as the president headed back to Washington, the two sides said on Sunday. McCarthy, speaking to reporters at the U.S. Capitol following the call, said there were positive discussions on solving the crisis and that staff-level […]

(Corrects to remove duplicate word in first paragraph) TOKYO (Reuters) -Japan core machinery orders fell in March for a second straight month, indicating firms’ cautious about capital spending amid worries about the global economic slowdown. Japan’s economy emerged from recession in the first quarter as a post-COVID consumption rebound offset global headwinds. But tame reading in the machinery orders may cast doubts about the pace of the economic recovery. Core […]

BEIJING (Reuters) -China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc had failed its network security review and it would bar operators of key infrastructure from buying from the company. The decision, announced amid a dispute over chip technology between Washington and Beijing, could include sectors ranging from telecoms to transport and finance, according to China’s broad definition of critical information infrastructure. “The […]