Town Hall News

NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi this week trumpeted a flurry of investment by global companies as he tries to create more jobs ahead of a general election due in the first half of next year. Amazon.com Inc’s cloud computing division on Thursday became the latest company to announce an investment in the world’s most populous country. Following are some recent investment announcements, mostly by U.S. companies. […]

SEVASTOPOL (Reuters) -Rail traffic has been suspended between Simferopol, capital of the Crimean peninsula, and the city of Sevastopol, after a freight train carrying grain derailed, the region’s Russian-installed leader said on Thursday. The derailment was caused by “interference by outsiders”, Crimean railways said in a statement. In a statement posted on Telegram, Sergei Aksyonov said that wagons loaded with grain had derailed and no one was injured. Earlier, the […]

TOKYO (Reuters) -Prime Minister Fumio Kishida said he welcomed and expected more investment from global chipmakers in Japan, which is striving to revive its chip sector, after meeting top executives on Thursday before a Group of Seven summit. China is set to be high on the agenda of the annual G7 leaders meeting that begins on Friday, with the United States increasingly urging its allies to counter the Asian giant’s […]

By Krishna N. Das NEW DELHI (Reuters) – India is considering a change to its pharmaceutical industry policy after cough syrups made in the country were linked to the deaths of children overseas, according to a document from Prime Minister Narendra Modi’s office, which noted that “important things” about the industry had been “overlooked”. A brainstorming session was held in the southern Indian city of Hyderabad “to find a solution […]

By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing when it held discussions with government officials this week, a source with direct knowledge of the talks told Reuters. The electric car maker proposed setting up a factory in India to build electric vehicles (EV) and also discussed plans to locally manufacture […]

By Summer Zhen HONG KONG (Reuters) – As Japan’s stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a weak yen, the broad Topix index scaled peaks not seen since 1990 this week and […]

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s powerful anti-corruption agency has summoned former Prime Minister Imran Khan for questioning on Thursday into the graft charges that led to his arrest on May 9. A spokesman for the National Accountability Bureau (NAB), which has in the past investigated, put on trial and jailed all those who served as prime minister since 2008, said Khan was expected at the agency’s Rawalpindi headquarters, […]

By Summer Zhen HONG KONG (Reuters) – As Japan’s stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a weak yen, the broad Topix index scaled peaks not seen since 1990 this week and […]

By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing when it held discussions with government officials this week, a source with direct knowledge of the talks told Reuters. The electric car maker proposed setting up a factory in India to build electric vehicles (EV) and also discussed plans to locally manufacture […]