Town Hall News

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Purchasing managers indexes on Tuesday offer the first glimpses into how several countries around the world performed in April, with market fireworks in Asia most likely to come from the Reserve Bank of Australia’s (RBA) latest interest rate decision and guidance. Global trading activity will pick up as many markets open after the […]

By Steve Gorman (Reuters) -A dust storm that cut visibility to near zero on Monday triggered a series of chain-reaction crashes involving dozens of vehicles on an Illinois highway, killing six people and injuring at least two dozen others, state police and coroner’s officials said. Roughly 40 to 60 passenger cars and about 20 commercial vehicles, including numerous tractor-trailer rigs, were involved in the pileup around 11 a.m. CT (1200 […]

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida is planning to visit South Korea on May 7 and 8 for talks with President Yoon Suk Yeol, Japan’s Kyodo news agency quoted the premier as telling reporters on Tuesday. Kishida told reporters in Ghana, where he is currently on an official visit, that he is finalising plans for the visit with Yoon, Kyodo said, adding that it would be an opportunity […]

By George Obulutsa NAIROBI (Reuters) – The bodies of several children exhumed in eastern Kenya showed signs of starvation and in some cases asphyxiation, a government pathologist said on Monday, as investigators began the first autopsies on over 100 people linked to a doomsday cult. On Monday investigators said they had completed 10 autopsies, comprising nine children aged between 18 months and 10 years, and one female adult, from the […]

By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co could be liable to women who accused Jeffrey Epstein of sexual abuse if they can show that former executive Jes Staley had first-hand knowledge that the financier ran a sex-trafficking venture, a U.S. judge said on Monday. U.S. District Judge Jed Rakoff in Manhattan discussed Staley’s alleged role, which Staley denies, in a decision explaining why he refused to […]

A Bipartisan Message to Israel from McCarthy, Hoyer: Solve Problems on Your Own Trying to brush off differences, delegations highlight the American-Israeli alliance By KEREN SETTON//The Media Line A bipartisan delegation of sixteen US House members visiting Israel conveyed a unison message to the country on Monday, saying Israel “can decide what it wants to do.” Among its stops, the delegation, led by United States House of Representatives Speaker Kevin […]

By David Shepardson and Tiyashi Datta (Reuters) -Lordstown Motors shares tumbled on Monday, closing 23% lower after major shareholder Foxconn alleged it breached their $170 million investment deal and the electric truck maker warned it might be forced to file for bankruptcy. Lordstown warned in a U.S. Securities and Exchange Commission filing that “there is substantial doubt regarding our ability to continue as a going concern.” Without a resolution with […]

By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told Philippines President Ferdinand Marcos Jr. at the White House on Monday that the U.S. commitment to the defense of its ally was “ironclad,” including in the South China Sea where Manila is under pressure from China. Marcos, on the first White House visit by a Philippines leader in 10 years, stressed the importance of the United […]

(Reuters) – Morgan Stanley is preparing a fresh round of job cuts, with plans to eliminate about 3,000 jobs from its global workforce by the end of the quarter, Bloomberg News reported on Monday. (Reporting by Mrinmay Dey in Bengaluru; Editing by Maju Samuel) Brought to you by www.srnnews.com