Town Hall News

By Hannah Lang, Tatiana Bautzer, Pete Schroeder and Ann Saphir WASHINGTON/NEW YORK (Reuters) -The former chief executive of Silicon Valley Bank defended the U.S. lender’s efforts to manage risk in his first public comments after the bank’s shock collapse, as regulators promised better supervision to prevent more such failures. The top executives at SVB and another failed lender, Signature Bank, as well regulators overseeing them appeared at separate congressional hearings […]

HAVANA (Reuters) – Cuba announced on Tuesday measures that ease restrictions on its citizens living abroad as the communist-run nation continues to grapple with an unprecedented exodus of migrants to the United States. The foreign ministry said passports would be valid for 10 years, instead of six, for Cubans over 16 years of age, and cut by more than half the costs associated with renewing the travel documents off-island. The […]

By Vincent West ORIO, Spain (Reuters) -Two people – a man and woman – died in an explosion in the town of Orio in northern Spain, the Basque regional security department said on Tuesday, and media cited authorities as saying the incident was being investigated as likely gender-based violence. A department spokesperson said the blast took place around 5.30 p.m. (1530 GMT) in the fishing town of around 6,000 people […]

By Vincent West ORIO, Spain (Reuters) -Two people – a man and woman – died in an explosion in the town of Orio in northern Spain, the Basque regional security department said on Tuesday, and media cited authorities as saying the incident was being investigated as likely gender-based violence. A department spokesperson said the blast took place around 5.30 p.m. (1530 GMT) in the fishing town of around 6,000 people […]

(Reuters) -Qatar’s Sheikh Jassim bin Hamad al-Thani made an improved final offer for Manchester United in an attempt to see off his main rival British petrochemicals billionaire Sir Jim Ratcliffe, The Times reported on Tuesday. Sheikh Jassim is offering to buy 100% of the club now for a price nearer to 5 billion pounds ($6.31 billion), the report said. Manchester United’s shares were up 1.2%. The club declined to comment, […]

By Daren Butler and Ezgi Erkoyun ISTANBUL (Reuters) -President Tayyip Erdogan on Tuesday called Turkish voters to support him in a May 28 election runoff to maintain stability in Turkey, as he seeks to extend his rule into a third decade. Erdogan got 49.5% in Sunday’s vote and fell just short of the majority needed to avoid a runoff in a vote seen as a referendum on his autocratic rule. […]

By Ernest Scheyder (Reuters) – The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp’s Thacker Pass mine project in Nevada by finding nearly all of the site contains the metal used to make electric-vehicle batteries. The opinion from the department’s solicitor comes amid an acrimonious debate about whether more U.S. mines should be built to produce lithium and other green energy transition […]

By Hyunjoo Jin and Tanya Jain (Reuters) -Tesla Inc kicked off its annual meeting on Tuesday, where Chief Executive Elon Musk is expected to face investor concerns including the lack of a clear successor at the electric-vehicle maker, as well as softening demand and delays of some new models. Investors have expressed frustration that Tesla’s board has failed to make sure that Musk is focused on the automaker at a […]

By Gleb Garanich and Sergiy Karazy KYIV (Reuters) -Ukraine said on Tuesday it had shot down six Russian Kinzhal missiles in a single night, thwarting a weapon Moscow has touted as a next-generation hypersonic missile that was all but unstoppable. When asked about the Ukrainian claim, Russian Defence Minister Sergei Shoigu dismissed it, the RIA news agency reported. The number of claimed Ukrainian missile intercepts in general is “three times […]