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 […]

LONDON (Reuters) -Britain published plans to ban imports of Russian diamonds, copper, aluminium and nickel on Friday and announced new sanctions against Russia, targeting companies connected to the suspected theft of Ukrainian grain. The United States and Canada also announced new penalties on Russia over its war against Ukraine. Washington imposed sanctions on gold producer Polyus and the Russian business of its peer, Polymetal, which would further damage Russian gold […]

LONDON (Reuters) -Britain published plans to ban imports of Russian diamonds, copper, aluminium and nickel on Friday and announced new sanctions against Russia, targeting companies connected to the suspected theft of Ukrainian grain. The United States and Canada also announced new penalties on Russia over its war against Ukraine. Washington imposed sanctions on gold producer Polyus and the Russian business of its peer, Polymetal, which would further damage Russian gold […]

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold, jarring market participants as they headed into the weekend and the United States moved closer to the deadline to avoid default. While all three major U.S. stock indexes ended the session modestly in the red, they all notched gains for […]

By Diane Bartz and David Shepardson WASHINGTON (Reuters) -American Airlines Group must end its alliance with JetBlue Airways Corp, a federal judge ruled on Friday, agreeing with the U.S. Justice Department that the arrangement means higher prices for consumers and ordering the companies to part ways within 30 days. The decision represented a victory for President Joe Biden’s administration, which has taken a hard line on consolidation and tie-ups in […]

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Microsoft’s rivals what kind of customer data they are required to provide to the U.S. tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. Cloud Infrastructure Services Providers in Europe (CISPE), whose members include Amazon, alleged last November that Microsoft’s new contractual terms imposed on Oct. […]

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 […]

(Reuters) – The memorial dedicated to Edson Arantes do Nascimento, Pele, is a luxurious mausoleum where the remains of the Brazilian idol rest in a solid gold coffin on the outskirts of Sao Paulo. The tomb where “O Rei” was buried after his death at 83 from advanced colon cancer is on the first floor of the Memorial Necropole Ecumenica vertical cemetery, considered the highest in the world, located less […]

By Boldizsar Gyori BUDAPEST (Reuters) – Thousands of Hungarians rallied in Budapest on Friday to protest against new legislation that would eliminate the public servant status of teachers, as well as police tear-gassing of teenagers during a previous demonstration. In power since 2010, conservative nationalist Prime Minister Viktor Orban has faced increasing public protests as he has clashed with the European Union over democratic standards, curbed independent media, academics and […]