Town Hall News

(Reuters) – Assa Abloy AB on Friday said it has reached a settlement with the U.S. Department of Justice (DOJ) regarding its $4.3-billion proposed deal to buy Spectrum Brands Holdings hardware and home improvement division (HHI). (Reporting by Juby Babu in Bengaluru; Editing by Sandra Maler) Brought to you by www.srnnews.com

By Steve Keating MIAMI (Reuters) – Liberty Media, the commercial rights holders of Formula One, said on Friday that the time was right to draw up a new Concorde Agreement with FIA and the 10 teams with the sport riding a massive wave of popularity. Liberty Media CEO and President Greg Maffei said stakeholders should come together, “strike while the iron is hot” and extend the current agreement that runs […]

By Luc Cohen, Jack Queen and Padraic Halpin NEW YORK/DOONBEG, Ireland (Reuters) -Jurors in Donald Trump’s civil rape trial on Thursday saw a video deposition in which the former U.S. president defended private comments he made in 2005 about grabbing women sexually without asking. Trump was asked by a lawyer for his accuser, the writer E. Jean Carroll, about the 2005 “Access Hollywood” tape, where he said on a hot […]

(Reuters) – Olympic volleyball champion Wallace de Souza, who was banned for five years after writing a post on social media in which he appeared to endorse violence against President Luiz Inacio Lula da Silva, said on Friday his punishment was disproportionate. Wallace was originally suspended by the Brazilian Olympic Committee’s Ethics Commission (CECOB) for a year from representing the Brazil national team and for 90 days from national competitions. […]

By Steve Keating MIAMI (Reuters) -Red Bull’s championship leader Max Verstappen lapped fastest while Charles Leclerc crashed his Ferrari into the barriers in second practice for the Miami Formula One Grand Prix on Friday. Leclerc went off at turn eight, the car snapping and locking up as it went nose first into the barriers and wrecked the front suspension. The incident brought out the red flags with 10 minutes remaining, […]

By Kate Holton and Michael Holden LONDON (Reuters) – Charles III will be crowned king on Saturday in Britain’s biggest ceremonial event for seven decades, a sumptuous display of pageantry dating back 1,000 years. Charles succeeded his mother Queen Elizabeth when she died last September and at 74, he will become the oldest British monarch to have the 360-year-old St Edward’s Crown placed on his head as he sits upon […]

By Steve Keating MIAMI (Reuters) -Red Bull’s championship leader Max Verstappen lapped fastest while Charles Leclerc crashed his Ferrari into the barriers in second practice for the Miami Formula One Grand Prix on Friday. Leclerc went off at turn eight, the car snapping and locking up as it went nose first into the barriers and wrecked the front suspension. The incident brought out the red flags with 10 minutes remaining, […]

By Saeed Azhar, David French and Tatiana Bautzer NEW YORK (Reuters) – The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail — and get government assistance — before buyers will step up, industry sources say. The latest case in point: The Federal Deposit Insurance Corp (FDIC) chose JPMorgan Chase & Co as the winning bidder in […]

LONDON (Reuters) – All eyes will be on the British royal family this weekend as they are joined by about 100 heads of state and global dignitaries for the coronation of King Charles. Below are details on the leading members of the royal family, their position in the line of succession and what they are expected to do during the ceremony. KING CHARLES King Charles became monarch of the United […]