Town Hall News

MELBOURNE (Reuters) – Paceman Josh Hazlewood handed Australia an Ashes boost as he made a successful return from an Achilles injury to help Royal Challengers Bangalore beat Lucknow Super Giants by 18 runs in the Indian Premier League. Hazlewood took 2-15 in his three overs as RCB successfully defended a modest total of 126 for nine on Monday. “It has been a long layoff,” Hazlewood said of his four-months on […]

By Tom Westbrook SINGAPORE (Reuters) – Asian shares wobbled in cautious trade on Tuesday, while the dollar was firm ahead of a series of data releases and central bank meetings that begins with the Reserve Bank of Australia later in the day. The overnight sale of First Republic Bank’s assets to JPMorgan Chase resolved the third U.S. bank failure in two months. Treasury yields rose in response and expectations firmed […]

(Reuters) – Russia’s Veronika Kudermetova said she will remove the logo of sanctioned Russian sponsor Tatneft from her kit so she can compete at Wimbledon this year. Wimbledon banned Russian and Belarusian players in 2022 over Moscow’s invasion of Ukraine but said in March it would accept them as neutral athletes for this year’s championships. Tournament organisers have said players would be prohibited from expressing support for the invasion, which […]

(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales on Tuesday, as growing worries of an economic downturn continue to hinder the computer peripherals maker from maintaining the growth experienced during the pandemic. The Swiss company said its sales for the three months to March-end fell to $960 million, compared with $1.23 billion in the year-ago period. “We have proactively controlled expenses to align our operating costs with […]

By Leika Kihara (Reuters) – The International Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth, but warned of risks from persistent inflation and global market volatility driven by Western banking-sector woes. The reopening of China’s economy will be pivotal for the region with the spillover to Asia seen focused on consumption and service-sector demand rather than investment, the IMF said. “Asia and Pacific will […]

By Leika Kihara (Reuters) – The International Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth, but warned of risks from persistent inflation and global market volatility driven by Western banking-sector woes. The reopening of China’s economy will be pivotal for the region with the spillover to Asia seen focused on consumption and service-sector demand rather than investment, the IMF said. “Asia and Pacific will […]

By Ben Kellerman and Doyinsola Oladipo NEW YORK (Reuters) -Serena Williams confirmed she is expecting baby number two on Monday, telling reporters at the star-studded Met Gala in New York that there were “three of us” on the red carpet, where she arrived with husband Alexis Ohanian. The 23-times major winner announced last year that she was “evolving away from tennis,” writing in a Vogue magazine article that she wanted […]

By David Shepardson and Tiyashi Datta (Reuters) -Lordstown Motors warned on Monday it might be forced to file for brankruptcy due to uncertainty over a $170 million investment deal with its major shareholder Foxconn, sending shares of the Ohio-based electric truck maker down 23%. Foxconn struck a deal in November to take a near-20% stake in the money-losing U.S. firm for up to $170 million. It has since invested $52.7 […]

By Kevin Buckland TOKYO (Reuters) – The yen continued its steep descent on Tuesday, reaching a 15-year low to the euro, as the implications of a steadfastly dovish Bank of Japan kept foreign exchange markets busy engaging in so called ‘carry-trades’. The Aussie dollar kept near the middle of its recent trading range with the greenback ahead of the Reserve Bank of Australia’s (RBA) policy decision at 0430 GMT, with […]