Town Hall News

(Reuters) -Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to a source with direct knowledge of the matter. The cuts would mainly impact the investment banking and capital markets business in the region, not including Japan. A Morgan Stanley spokesperson declined to comment. The job cuts are part of a global reduction in light of market conditions and to reduce […]

(Reuters) -Nelson Peltz, the activist investor who launched and then gave up a proxy fight earlier this year at Walt Disney Co, has recently added to his stake in the company, Bloomberg News reported on Monday. Peltz-owned Trian Fund Management has purchased roughly 500,000 more shares since the end of March, giving it a total of 6.4 million, the report said, citing a person familiar with the matter. The fund […]

(Reuters) -Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to a source with direct knowledge of the matter. The cuts would mainly impact the investment banking and capital markets business in the region, not including Japan. A Morgan Stanley spokesperson declined to comment. The job cuts are part of a global reduction in light of market conditions and to reduce […]

PARIS (Reuters) – Paris airports company Groupe ADP has become Paris 2024 Olympics and Paralympics official partner, organisers said on Tuesday. “The group, which welcomes nearly 90 million passengers each year in Paris, will put its expertise in terms of reception at the service of the athletes, the Olympic family and spectators from all over the world,” Paris 2024 said in a statement. “This partnership is a proud and meaningful […]

NEW DELHI (Reuters) – India’s drug regulator has proposed testing cough syrups in government laboratories before they are exported, media outlet News18.com reported on Tuesday, after Indian-made syrups were linked to dozens of deaths in Gambia and Uzbekistan last year. India’s health ministry received the proposal from the Central Drugs Standard Control Organisation(CDSCO) this month and is considering it, the news website quoted an unidentified ministry official as saying. “The […]

(Reuters) -Nelson Peltz, the activist investor who launched and then gave up a proxy fight earlier this year at Walt Disney Co, has recently added to his stake in the company, Bloomberg News reported on Monday. Peltz-owned Trian Fund Management has purchased roughly 500,000 more shares since the end of March, giving it a total of 6.4 million, the report said, citing a person familiar with the matter. The fund […]

NEW DELHI (Reuters) – India’s drug regulator has proposed testing cough syrups in government laboratories before they are exported, media outlet News18.com reported on Tuesday, after Indian-made syrups were linked to dozens of deaths in Gambia and Uzbekistan last year. India’s health ministry received the proposal from the Central Drugs Standard Control Organisation(CDSCO) this month and is considering it, the news website quoted an unidentified ministry official as saying. “The […]

PARIS (Reuters) – Paris airports company Groupe ADP has become Paris 2024 Olympics and Paralympics official partner, organisers said on Tuesday. “The group, which welcomes nearly 90 million passengers each year in Paris, will put its expertise in terms of reception at the service of the athletes, the Olympic family and spectators from all over the world,” Paris 2024 said in a statement. “This partnership is a proud and meaningful […]

By Ruma Paul and Sudarshan Varadhan DHAKA (Reuters) – Bangladesh faced its worst power cuts in over seven months as a deadly storm forced both its floating liquefied natural gas (LNG) terminals shut, less than a month after a scorching heatwave caused widespread outages in the south Asian country. Millions of Bangladeshi citizens have been hit by frequent power cuts in recent months, as erratic weather patterns and high global […]