Town Hall News

(Reuters) – Belgium’s former Olympic road race champion Greg Van Avermaet will retire at the end of the season, his AG2R CITROEN team said on Wednesday. The 37-year-old classics specialist crowned his career at the 2016 Rio Olympics when he won a thrilling men’s race. “A great adventure is ending and I’m a little sad. This decision was very difficult to make, but when I look in the rear view […]

MOSCOW (Reuters) – A video circulating on Russian social media on Wednesday appeared to show a plume of smoke over Moscow’s Kremlin, after what the presidential administration said was a Ukrainian drone attack aimed at President Vladimir Putin, who has a residence in the walled complex. The video was posted in the early hours of Wednesday on a group for residents of a neighbourhood that faces the Kremlin across the […]

By Fransiska Nangoy and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s investment minister said on Wednesday that copper miner Freeport Indonesia must agree to sell an additional 10% stake to the government, as negotiations get underway for the U.S. company to extend its permit to operate in the country. Bahlil Lahadalia said the government will seek the cheapest pricing possible to increase its stake from 51% to 61% in Freeport-McMoRan’s Indonesian […]

BERLIN (Reuters) -Ukrainian President Volodymyr Zelenskiy will travel to Berlin on May 13 at the invitation of German Chancellor Olaf Scholz and then on to Aachen the next day to receive the 2023 Charlemagne prize, police and media reports said on Wednesday. According to a report by the Berlin daily Tagesspiegel, Zelenskiy will be received by Scholz with military honours before flying to Aachen in western Germany. “At the invitation […]

By Julie Steenhuysen and Deena Beasley CHICAGO (Reuters) -An experimental Alzheimer’s drug developed by Eli Lilly and Co slowed cognitive decline by 35% in a closely watched late-stage trial, the company said on Wednesday, raising hopes for a second effective treatment for the brain-wasting disease. The drug, donanemab, met all goals of the trial. It slowed progression of Alzheimer’s by 35% to 36% compared to a placebo in 1,182 people […]

By Gabriela Baczynska BRUSSELS (Reuters) – The European Union executive proposed new laws on Wednesday to step up fighting corruption through aligning definitions and penalties for graft crimes across the bloc, as well as introducing sanctions for corrupt foreigners. The draft new EU laws would take effect if approved by all 27 member countries, as well as the European Parliament, which was rocked last year by a major corruption scandal […]

(Reuters) -Russia accused Ukraine on Wednesday of attacking the Kremlin with drones overnight in a failed bid to kill President Vladimir Putin, according to the state-run RIA news agency. The Kremlin said it considered the attack to be a “planned terrorist action” and reserved the right to retaliate, RIA reported. It said two drones had been used in the alleged attack on Putin’s residence in the Kremlin citadel, but had […]

(Reuters) -U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit on Wednesday, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies. Profits from turning crude oil into gasoline, diesel and jet fuel surged as supplies remained tight due to pandemic-era closure of facilities and a recovery in demand. Margins were also supported by Russia’s invasion of Ukraine last year that further tightened […]

(Reuters) – Russia accused Ukraine on Wednesday of attacking the Kremlin with drones overnight in a failed bid to kill President Vladimir Putin, according to the state-run RIA news agency. The Kremlin said it considered the attack to be a “planned terrorist action”, RIA reported. It said two drones had been used in the alleged attack, but had been disabled by Russian defences. Putin was not injured, and there was […]