Town Hall News

By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -Leaders of the world’s richest democracies acted on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. The Group of Seven (G7) leaders, to be joined this weekend by Ukrainian President Volodymyr Zelenskiy, pledged to restrict any exports […]

By John Irish and Sakura Murakami HIROSHIMA, Japan (Reuters) -Ukraine’s Volodymyr Zelenskiy brought his call for support against Russia’s invasion to a Group of Seven (G7) summit on Saturday to Japan, where leaders agreed to tighten sanctions against Moscow and pare back exposure to China. The Ukrainian president’s attendance at the G7 summit in Hiroshima, the first city to suffer a nuclear attack, put in sharp relief western concerns over […]

(Fixes typo in the first paragraph) CAIRO/DUBAI (Reuters) – Air strikes hit outer areas of the Sudanese capital Khartoum overnight and on Saturday morning, as fighting that has trapped civilians in a humanitarian crisis and displaced more than a million entered its sixth week. The fighting between Sudan’s army and the paramilitary Rapid Support Forces has led to a collapse in law and order with looting that both sides blame […]

CAIRO/DUBAI (Reuters) – Air strikes hit outer areas of the Sudanese capital Khartoum overnight and on Saturday morning, as fighting that has trapped civilians in a humanitarian crisis and displaced more than a million entered its sixth week. The fighting between Sudan’s army and the paramilitary Rapid Support Forces has led to a collapse in law and order with looting that both sides blame the other for. Stocks of food, […]

HIROSHIMA, Japan (Reuters) – Ukraine’s Volodymyr Zelenskiy brought his call for support against Russia’s invasion to a Group of Seven (G7) summit on Saturday on Japan, where leaders agreed to tighten sanctions against Moscow and pare back exposure to China. CHINA * G7 leaders outlined a shared approach towards China, looking to “de-risk, not decouple” economic engagement with a country regarded as the factory of the world. The G7 is […]

By Kantaro Komiya and Supantha Mukherjee TOKYO (Reuters) – Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of technical standards to keep artificial intelligence (AI) “trustworthy”, saying governance of the technology has not kept pace with its growth. While the G7 leaders, meeting in Hiroshima, Japan, recognised that the approaches to achieving “the common vision and goal of trustworthy AI may vary”, […]

By Jonathan Stempel (Reuters) – A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. U.S. District Judge Iain Johnston said it was “fanciful” to believe reasonable consumers would expect the gum to contain mint or peppermint because its packaging featured an “unnaturally blue” leaf with condensation bubbles. He said the proposed class action […]

By Lananh Nguyen NEW YORK (Reuters) – When James Gorman made one of the biggest announcements of his career on Friday — that he would be stepping down as Morgan Stanley CEO within a year — he still managed to crack a joke. “An issue of paramount importance to shareholders, employees and clients is, of course, succession — and no, I’m not just talking about the TV series,” Gorman told […]

By Luc Cohen NEW YORK (Reuters) -A judge said on Friday he would decide by the end of the month whether a JPMorgan Chase & Co lawsuit should proceed against a former executive who it accuses of entangling the bank with late financier and convicted sex offender Jeffrey Epstein. U.S. District Judge Jed Rakoff in Manhattan spoke after a one-hour hearing over whether to let the largest U.S. bank sue […]