Town Hall News

By Tom Bateman HIROSHIMA, Japan (Reuters) – When Japan’s Prime Minister Fumio Kishida hosts leaders of the Group of Seven richest nations in Hiroshima this week, restaurants in the city hope to put a local speciality on the map, with a choice of fillings to cater for foreign tastes. A gateway to tourism on the western side of Japan’s main island, Hiroshima’s name is forever carved in history as the […]

(Reuters) – Belarusian President Alexander Lukashenko, who has not been seen in public since Tuesday, did not appear on Sunday at a ceremony in the capital, Minsk, triggering speculation that the veteran leader is seriously ill. The BelTA state news agency reported that Prime Minister Roman Golovchenko read a message from Lukashenko during an annual ceremony at which young people swear allegiance to the ex-Soviet state’s flag. The agency gave […]

NEW YORK (Reuters) – Oil prices settled more than 1% lower on Friday, falling for the fourth consecutive week, as the market balanced supply fears against renewed economic concerns in the United States and China. Brent crude futures settled down 81 cents, or 1.1%, to $74.17 while West Texas Intermediate (WTI) U.S. crude futures fell 83 cents, or 1.2%, to $70.04. Both benchmarks settled about 1.5% lower week on week. […]

(Corrects oil prices fell for fourth consecutive week, not third, in lead paragraph) By Laura Sanicola NEW YORK (Reuters) -Oil prices settled more than 1% lower on Friday, falling for the fourth consecutive week, as the market balanced supply fears against renewed economic concerns in the United States and China. Brent crude futures settled down 81 cents, or 1.1%, to $74.17 while West Texas Intermediate (WTI) U.S. crude futures fell […]

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Major economic data from China and Japan, and a central bank rate decision from the Philippines could be the main regional drivers for Asian markets this week, with investors growing increasingly nervous about the U.S. and global macro outlook. World stocks ended last week on a shaky footing as worries about the U.S. […]

By Orhan Coskun, Ece Toksabay and Ali Kucukgocmen ANKARA (Reuters) – Turkey appeared headed for a runoff presidential election after neither Tayyip Erdogan nor rival Kemal Kilicdaroglu cleared the threshold to win outright on Sunday, though Erdogan performed better than expected in his battle to extend his 20-year rule. With more than 96% of ballot boxes counted, Erdogan led with 49.44% of votes and Kilicdaroglu had 44.86%, according to state-owned […]

(Reuters) -Activist investor Engaged Capital is planning a proxy fight for three board seats at high-end burger chain Shake Shack, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Including swaps, Engaged has a roughly 6.6% stake in the chain, the report said. The U.S.-based shareholder activist has determined ways to double the company’s profitability within two years and believes the burger chain should get rid […]

(Reuters) – Four-time All-Star Jayson Tatum is savoring his Boston Celtics’ upcoming Eastern Conference Finals rematch against the Miami Heat, after stomping out the Philadelphia 76ers 112-88 on Sunday with a record-breaking 51 points in Game 7. The Celtics beat the Heat a year ago en route to the NBA Finals, where they lost to the Golden State Warriors. Tatum promised there would be fireworks when their rivalry with Miami […]

(Reuters) -ONEOK Inc agreed to buy U.S. pipeline operator Magellan Midstream Partners in a cash and stock deal valued at around $18.8 billion including assumed debt to diversify in the midstream oil and gas industry, the companies said on Sunday. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a premium of 22% based on Magellan’s close on May 12. The […]