Town Hall News

MILAN (Reuters) -Italy’s antitrust authority said on Friday it had taken measures against Meta Platform over an alleged abuse of its position in the country, in a probe involving the rights to music posted on the group’s platforms. Meta, the U.S. group which owns Facebook, WhatsApp and Instagram, last month failed to reach a deal with the Italian society of authors and publishers SIAE, to renew copyright licences. As a […]

By Matt McKnight and Daniel Trotta BROOMFIELD, Colorado (Reuters) – Colorado-based Biofire Tech is taking orders for a smart gun enabled by facial-recognition technology, the latest development in personalized weapons that can only be fired by verified users. But in a sign of the long, challenging road that smart guns have faced, a prototype twice failed to fire when demonstrated for Reuters this week. Company founder and Chief Executive Kai […]

(Reuters) – Soccer agent Adrian Ward and Colossal Sports Management have been suspended from all intermediary activity until December 2024 after they allegedly made approaches to a minor in 2019, England’s Football Association (FA) said on Friday. The FA’s regulations prohibit agents from approaching players to enter a contract before Jan. 1 in the calendar year of their 16th birthday. The FA alleged Ward had “directly or indirectly” made an […]

By Rogan Ward PIETERMARITZBURG, South Africa (Reuters) -Gunmen stormed a homestead in a township outside the South African city of Pietermaritzburg and ambushed a family, killing 10 people, police said. Police did not give a motive for the shooting. Seven women and three men were killed, the police ministry said in a statement. South Africa has one of the world’s highest murder rates, with about 20,000 murders recorded every year […]

By Martyn Herman LONDON (Reuters) – West Ham United captain Declan Rice’s moment of magic against Gent in the Europa Conference League on Thursday will long be remembered by fans in the London Stadium. His solo run from inside his own half before dispatching a clinical shot into the corner broke Gent’s resistance as West Ham went on to win 4-1 for a 5-2 aggregate triumph. It put West Ham […]

(Reuters) -Procter & Gamble Co raised its full-year sales forecast on Friday, signaling higher prices would offset the hit from consumers turning to cheaper, private-label alternatives for tissues and other household essentials. The Tide detergent maker’s shares rose 1% in premarket trading. P&G also said its expects annual earnings per share towards the lower end of the fiscal year guidance range.  Products made by companies such as P&G and Unilever […]

By Andrew MacAskill, Alistair Smout and Sachin Ravikumar LONDON (Reuters) -British Deputy Prime Minister Dominic Raab resigned from the government on Friday following an independent investigation into complaints that he bullied colleagues, the latest scandal to force out one of Prime Minister Rishi Sunak’s top ministers. The loss of the third senior minister over their personal conduct in the last six months will damage Sunak’s efforts to revive the governing […]

(Corrects credits to show reporting by Matthias Inverardi) (Reuters) -Henkel on Friday said it expects to see a net financial loss in the deal to sell its Russian business. The consumer goods group did not disclose the amount of losses but pointed out that the currency exchange effect would play a role in the transaction. Further details on the deal will be provided in the company’s first-half earnings release in […]

(Reuters) – Several lawsuits have been filed over the terms of last month’s emergency deal to save Swiss lender Credit Suisse by selling it to its bigger rival UBS. The 3 billion Swiss franc ($3.4 billion) rescue, hammered out over a weekend during a bout of turmoil in the global banking sector, upended a long-established practice of giving bondholders priority over shareholders in a debt recovery. Around 16 billion Swiss […]