Town Hall News

By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country’s electric-vehicle supply chain. Europe’s largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said in a statement. Canada’s federal government will provide up to C$13.2 billion in manufacturing tax […]

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -Sporadic shelling rang out late on Friday in Sudan’s capital even though warring factions announced a truce, while one force said it was willing to allow airports to reopen for the evacuation of foreign nationals. The United Nations, U.S., UK, Japan, Switzerland, South Korea, Sweden and Spain have said they were making preparations or attempting to remove their personnel after almost a […]

(Reuters) -Private-equity firm Silver Lake has offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion). The offer price of 30 euros per share in cash by Silver Lake-controlled Blitz 22-449 SE represents a premium of 53% to Software AG’s closing price of 19.59 euros on Thursday. In February 2022, Silver Lake had invested 344 million euros in the […]

(Reuters) – The United States said it will soon start training Ukrainian troops to use its Abrams tank and Germany announced a deal to establish a hub in Poland to repair tanks deployed in Ukraine. Six Leopard 2A4 tanks destined for Ukraine left Spain by ship, according to a naval monitoring website. DIPLOMACY * NATO chief Stoltenberg has invited Ukrainian President Zelenskiy to the Western military alliance’s summit in July […]

By Daphne Psaledakis and Phil Stewart WASHINGTON (Reuters) – The U.S. military is preparing options to evacuate the U.S. Embassy in Sudan, Defense Secretary Lloyd Austin said on Friday as the Biden administration weighed whether to pull personnel out of the country’s increasingly unstable capital. “We’ve deployed some forces into theater to ensure that we provide as many options as possible if we are called on to do something. And […]

By Martyn Herman LONDON (Reuters) – Arsenal struck two late goals to escape with a point in a pulsating 3-3 home draw with bottom club Southampton but their Premier League title hopes suffered another setback on a Friday night of frazzled nerves in north London. For much of a stomach-churning encounter it appeared Arsenal were self-destructing in their quest to hold off Manchester City and win the league for the […]

By Martyn Herman LONDON (Reuters) – Arsenal struck two late goals to escape with a point in a pulsating 3-3 home draw with bottom club Southampton but their Premier League title hopes suffered another setback on a Friday night of frazzled nerves in north London. For much of a stomach-churning encounter it appeared Arsenal were self-destructing in their quest to hold off Manchester City and win the league for the […]

(Reuters) – Private-equity firm Silver Lake has offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion). The offer price of 30 euros per share in cash by Silver Lake-controlled Blitz 22-449 SE represents a premium of 53% to Software AG’s closing price of 19.59 euros on Thursday. In February 2022, Silver Lake had invested 344 million euros in […]

By Abhirup Roy, Dan Levine and Hyunjoo Jin LOS ANGELES (Reuters) – Jurors in what appears to be the first trial related to a crash involving Tesla’s Autopilot feature told Reuters after the verdict on Friday that the electric-vehicle maker clearly warned that the partially automated driving software was not a self-piloted system, and that driver distraction was to blame. A California state court jury on Friday handed Tesla Inc […]