Town Hall News

(Reuters) -The European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia’s war machine, the Financial Times reported on Sunday. Seven Chinese businesses have been listed in a new package of sanctions that will be discussed by EU member states this week, the report said, citing a copy of the sanctions list seen by the FT. According to the […]

(Reuters) -The European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia’s war machine, the Financial Times reported on Sunday. Seven Chinese businesses have been listed in a new package of sanctions that will be discussed by EU member states this week, the report said, citing a copy of the sanctions list seen by the FT. According to the […]

(Reuters) – Russia carried out drone, missile and air strikes on Kyiv and other Ukrainian cities through the night, escalating attacks in the run-up to its cherished Victory Day holiday that celebrates the defeat of Nazi Germany. CONFLICT * Ukraine’s top military command said its forces destroyed all 35 Iranian-made Shahed drones that Russia had launched overnight at targets around the country. * Kyiv’s mayor said at least five people […]

HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company’s chair. Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts, with the aim to export components to an assembly plant planned in neighbouring Thailand. In a government statement released after […]

By Alex Lawler LONDON (Reuters) -Oil rose on Monday as easing U.S. recession fears shifted market focus to tightening supplies, offering support after crude prices registered three straight weekly declines for the first time since November. A healthy U.S. jobs report for April helped oil to climb by about 4% on Friday even though labour market strength could compel the Federal Reserve to keep interest rates higher for longer. Brent […]

SYDNEY (Reuters) – Winter has come early to Australia with a cold front bringing high winds, snow and hail to the southeast in a cold snap the weather bureau says could last until the middle of the week. Snow fell in Oberon, about 120 km (75 miles) west of Sydney, on Monday, as the weather bureau warned sheep farmers across the southeast and in alpine areas that their animals exposed […]

By Luc Cohen and Hannah Lang (Reuters) – Former U.S. President Donald Trump will not testify at a civil trial to challenge claims made by writer E. Jean Carroll that he raped her in the 1990s and later defamed her, after letting a Sunday deadline pass without asking the court to appear. Trump’s attorney Joseph Tacopina told the judge on Thursday that Trump had waived his right to testify in […]

By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Siena (MPS) through one or more share sales on the market, three people briefed on the matter told Reuters. Such an option, however, would only be considered if financially advantageous and as long as any significant new investor would manage the holding in line with the national interest, one […]

(Reuters) – The death toll from flooding that hit two villages in east Democratic Republic of Congo last week has risen to 401, provincial governor Theo Ngwabidje Kasi said on Monday. Torrential rain in Kalehe territory in South Kivu province caused rivers to overflow on Thursday, inundating the villages of Bushushu and Nyamukubi At least 176 people were reported dead on Friday and many more missing as humanitarian workers recovered […]