Town Hall News

By Granth Vanaik (Reuters) -Under Armour Inc forecast annual sales and profit below Wall Street estimates on Tuesday, signaling that stubborn inflation was hurting demand and higher discounts were eroding profit margins, sending the apparel maker’s shares down 4%. Cost-conscious consumers have been restricting their spending on discretionary products such as home goods, apparel and electronics to focus more on essentials amid higher interest rates and rentals. The company’s results […]

By Granth Vanaik (Reuters) -Under Armour Inc forecast annual sales and profit below Wall Street estimates on Tuesday, signaling that stubborn inflation was hurting demand and higher discounts were eroding profit margins, sending the apparel maker’s shares down 4%. Cost-conscious consumers have been restricting their spending on discretionary products such as home goods, apparel and electronics to focus more on essentials amid higher interest rates and rentals. The company’s results […]

By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s anti-corruption agency arrested former Prime Minister Imran Khan at Islamabad High Court on Tuesday, in a dramatic move that threatens fresh turmoil in the nuclear-armed country as his party called for nationwide protests. Footage of the arrest showed dozens of paramilitary troops in riot-control gear surrounding Khan and leading him into a black van by his arm. Khan’s arrest comes […]

By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s anti-corruption agency arrested former Prime Minister Imran Khan at Islamabad High Court on Tuesday, in a dramatic move that threatens fresh turmoil in the nuclear-armed country as his party called for nationwide protests. Footage of the arrest showed dozens of paramilitary troops in riot-control gear surrounding Khan and leading him into a black van by his arm. Khan’s arrest comes […]

By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics. The company also crushed estimates for quarterly earnings, as improving supplies of glass bottles and pumps bolstered sales of its high-end fragrances. The results reflect the so-called […]

By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics. The company also crushed estimates for quarterly earnings, as improving supplies of glass bottles and pumps bolstered sales of its high-end fragrances. The results reflect the so-called […]

NEW YORK (Reuters) – Jurors on Tuesday will begin deliberating whether Donald Trump raped writer E. Jean Carroll more than two decades ago and then defamed her by claiming she made up the story. Lawyers for Carroll and the former U.S. president delivered closing arguments on Monday in Manhattan federal court after seven days of a civil trial. Trump, the front-runner in the 2024 Republican presidential field, has denied raping […]

NEW YORK (Reuters) – Jurors on Tuesday will begin deliberating whether Donald Trump raped writer E. Jean Carroll more than two decades ago and then defamed her by claiming she made up the story. Lawyers for Carroll and the former U.S. president delivered closing arguments on Monday in Manhattan federal court after seven days of a civil trial. Trump, the front-runner in the 2024 Republican presidential field, has denied raping […]

SHAKAHOLA FOREST, Kenya (Reuters) -Kenyan investigators have resumed the search for members of a doomsday cult in a forest where more than 100 corpses have been exhumed, the interior minister said on Tuesday, describing them as victims of a “highly organised crime”. Paul Mackenzie, leader of the Good News International Church, is in custody accused of ordering followers to starve their children and themselves so they could go to heaven […]