Town Hall News

WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday officially launched his candidacy to seek a second White House term in 2024, according to a campaign video posted online. (Reporting by Steve Holland and Trevor Hunnicutt; Additional reporting by Susan Heavey; Editing by Robert Birsel) Brought to you by www.srnnews.com

By Noele Illien and Stefania Spezzati ZURICH (Reuters) -UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the “hard” task of swallowing fallen rival Credit Suisse. Sergio Ermotti, brought back as UBS chief executive to steer the takeover, said it aims to close the deal with fellow Zurich-based […]

By John Revill ZURICH (Reuters) -ABB Ltd raised its full-year guidance for sales and profit on Tuesday, dispelling some of the recent gloom which has gathered around the industrial sector. The Swiss maker of factory robots and chargers for electric vehicles said it had seen a strong start to the year as it reported first-quarter profit and revenue both ahead of forecasts. “During the quarter we have been very strong […]

By James Mackenzie and Hannah Confino JERUSALEM (Reuters) – Israel celebrates its 75th anniversary this week in a fractious and uncertain mood, overshadowed by a battle over the judiciary that has opened up some of the deepest social divisions since the foundation of the country in 1948. Memorial Day on Tuesday, honouring the country’s military dead, and Independence Day a day later have traditionally served as markers of unity in […]

By Tatiana Gomozova and Alexander Marrow MOSCOW (Reuters) – Former KFC restaurants in Russia will begin reopening as Rostic’s on Tuesday, as the new owners revive a brand born soon after the collapse of the Soviet Union as Russia transitioned abruptly from communism to capitalism in the 1990s. KFC’s U.S. parent company Yum! Brands Inc last week finalised its exit from Russia, transferring master franchise rights to Smart Service, a […]

By Samuel Indyk LONDON (Reuters) – The dollar edged higher as risk sentiment soured in Europe on returning banking worries, while the euro slipped even as policymakers left the door open to a 50 basis point rate hike at next week’s European Central Bank meeting. The U.S. dollar index was last up 0.2% at 101.48 in a flight to safety as worries about the health of the financial system resurfaced […]

By James Mackenzie and Hannah Confino JERUSALEM (Reuters) – Israel celebrates its 75th anniversary this week in a fractious and uncertain mood, overshadowed by a battle over the judiciary that has opened up some of the deepest social divisions since the foundation of the country in 1948. Memorial Day on Tuesday, honouring the country’s military dead, and Independence Day a day later have traditionally served as markers of unity in […]

By Olena Harmash KYIV (Reuters) – Ukrainian forces based on the western side of the River Dnipro are frequently carrying out raids on the eastern bank near the city of Kherson to try to dislodge Russian troops, a regional official said on Tuesday. Russian forces have held the eastern side of the Dnipro near Kherson since retreating from the southern city in November after months of occupation, but Ukraine is […]

By Jesús Aguado MADRID (Reuters) – Spain’s Santander on Tuesday beat forecasts with a 1% rise in first-quarter net profit as a strong performance in Europe offset weaker trade in Brazil and the United States. Its net profit rose to 2.57 billion euros helped by higher lending income and despite a hit of 224 million euros from a new tax in Spain. That topped the 2.45 billion euros expected by […]