Town Hall News

By Maggie Michael ARQEEN, Egypt (Reuters) – Eight months pregnant, Malaz Omar left behind everything to flee with her husband, two toddlers and an elderly aunt from the fighting that has swept across Sudan’s capital for more than two weeks. By the time the 34-year-old arrived in Egypt she hadn’t eaten or showered for four days, passing through the Qustul border crossing where people slept on the ground and had […]

HOUSTON (Reuters) -The U.S. will not block a court auction of shares in oil refiner Citgo Petroleum Corp’s parent, Justice Department officials told a federal court, paving the way for a potential seizure by creditors of Venezuela’s most-prized foreign asset. The U.S. Treasury Department since 2020 has protected Citgo from creditors with claims against Venezuela, and its change of heart will allow claims to be settled by negotiation or through […]

LONDON (Reuters) – Britain said on Monday it was exploring options to provide humanitarian assistance to Sudan in coordination with its international allies, the United Nations and NGOs, after a large-scale evacuation of its citizens from the northeast African country. A total of 2,197 people had been evacuated from Sudan as of 1630 GMT, the government said in a statement, adding that it has set up a team at Port […]

(Reuters) – Kentucky Derby favorite Forte drew the 15th post on Monday for Saturday’s Run for the Roses, where the Todd Pletcher-trained colt will seek the first leg of U.S. thoroughbred racing’s Triple Crown. Ridden by Irad Ortiz Jr., Forte brings a five-race winning streak to the 1-1/4-mile Kentucky Derby at Churchill Downs and was installed as the early 3-1 favorite in the 20-horse field. Tapit Trice, another Pletcher horse, […]

By Doyinsola Oladipo NEW YORK (Reuters) -MGM Resorts International on Monday beat Wall Street estimates for first-quarter revenue due to an increase in traffic and business volumes in Macau and Las Vegas. Shares of the company rose 1.2% in trading after the bell. Casino operators are benefiting from the rebound in traffic in gaming hubs as travel and tourism spending from China rebounds. “MGM Resorts is executing across all of […]

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended little changed on Monday as investors took in the weekend auction of First Republic Bank and braced for this week’s expected interest rate hike from the Federal Reserve. The KBW regional banking index dropped 2.7%, while shares of JPMorgan Chase & Co, which won the auction of failed lender First Republic, rose 2.1%. JPMorgan will pay the U.S. Federal Deposit […]

(Reuters) – Medical technology company Stryker Corp on Monday raised its full-year profit forecast, citing stronger demand for the company’s surgical devices. Device makers, lately, have been reporting a recovery in sales as staff shortages ease and procedure volumes pick up in hospitals. Last week, peer Edwards Lifesciences Corp raised its sales and profit forecasts for 2023, citing strong demand for the company’s artificial heart valves. For the first quarter, […]

By Doyinsola Oladipo NEW YORK (Reuters) -MGM Resorts International on Monday beat Wall Street estimates for first-quarter revenue due to an increase in traffic and business volumes in Macau and Las Vegas. Shares of the company rose 1.2% in trading after the bell. Casino operators are benefiting from the rebound in traffic in gaming hubs as travel and tourism spending from China rebounds. “MGM Resorts is executing across all of […]

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 […]