Town Hall News

By Helen Coster and Kenneth Li (Reuters) -Thomson Reuters Corp on Tuesday reported higher sales and operating profit in the first quarter, helped by divestitures and high customer retention rates. The news and information company reported adjusted earnings of 82 cents per share. It was not immediately clear if that compared directly to analyst forecasts for 80 cents. Total revenue rose 4% in the quarter to $1.738 billion, beating expectations, according […]

KAMPALA (Reuters) – Uganda’s parliament on Tuesday passed a mostly unchanged version of one of the world’s strictest anti-LGBTQ bills after President Yoweri Museveni asked that certain provisions from the original legislation be toned down. Despite some changes, the new bill retains most of the harshest measures of the legislation adopted in March. Those include the death penalty for certain same-sex acts and a 20-year sentence for “promoting” homosexuality, which […]

(Reuters) – Uber Technologies Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food delivery helped the U.S. ride-sharing giant report better-than-expected results for the January-March period. The company is benefiting from its dominant position in key global markets as travel rebounds from a pandemic-induced lull. A jump in the number of people looking to gain additional income is also helping platforms […]

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP made a profit of $5 billion in the first quarter of 2023, up from the previous three months on the back of strong oil and gas trading, but the company’s shares fell as it slowed a share buyback programme. BP’s results, which beat forecasts, follow a strong showing by rivals including Exxon Mobil and Chevron last week as oil majors […]

(Reuters) -Pfizer Inc on Tuesday beat analysts’ estimates for first-quarter profit as strong demand for its recently acquired products and pneumococcal vaccines helped offset the impact from declining sales of its COVID-19 products. The drugmaker is under pressure to spend the windfall gains from strong demand for its COVID products during the pandemic to mitigate a looming patent cliff for some of its top drugs, as well as a steep […]

By Renju Jose SYDNEY (Reuters) -Australia said on Tuesday it will ban recreational vaping and tighten other aspects of e-cigarette laws in the biggest crackdown on the tobacco industry in more than a decade to try to stop an alarming rise in teenage vaping. The government aims to ban all disposable vapes, which often comes in fruity flavours, ban the import of non-prescription vapes and limit nicotine levels, aiming for […]

(Reuters) – What’s the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc, it could be nearly $1 billion in market valuation.     Chegg forecast current-quarter revenue below estimates and signaled that the usage of viral chatbot ChatGPT was pressuring customer growth, sending its shares 44% lower in premarket trading on Tuesday. “Since March, we saw a significant spike in student interest in ChatGPT. We now […]

ALMATY (Reuters) – Fire broke out on Monday at a gas processing plant on the Zhanazhol gas condensate field in Kazakhstan, which firefighters are still trying to put out, the Aktobe region’s government said on Tuesday. Four workers have been hospitalised with heavy burns at the facility run by Kazakh-Chinese joint venture CNPC Aktobemunaigas. (Reporting by Vladimir SOldatkin and Olzhas Auyezov; Editing by Alison Williams) Brought to you by www.srnnews.com

By Hardik Vyas and Sheila Dang (Reuters) – Twitter’s attempt to implement a paid account verification service has attracted imposters spreading misinformation, which experts said could lead major brands to further pull back from the social media platform owned by billionaire Elon Musk. On April 20, Twitter moved to boost profits by removing the once-coveted blue check marks from accounts and charging $8 a month to users who wish to […]