Town Hall News

NEW YORK (Reuters) – Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized crime on its platform, the company announced on Thursday. Online marketplaces in the United States including Amazon face hurdles in keeping counterfeiters off their platforms and fake merchandise from entering their warehouses. The new program mimics data […]

By Estelle Shirbon and Alexander Winning (Reuters) -Vaccine manufacturer Serum Institute of India is holding talks on fill-finishing Oxford University’s R21 malaria vaccine in Ghana, which approved the shot this month, a Ghanaian vaccine expert said on Thursday. Fill-finishing is one of the final stages of drug manufacturing and packaging. The vaccine’s approval by Ghana and Nigeria was unusual because final-stage trial data has not yet been published and the […]

(Reuters) – Drug distributor AmerisourceBergen Corp and asset management firm TPG Inc said on Thursday they have agreed to buy OneOncology from General Atlantic in a deal valued at $2.1 billion. TPG will buy a majority interest in OneOncology, while AmerisourceBergen will purchase a minority stake for around $685 million in cash. OneOncology is a partnership of U.S. cancer practitioners with more than 900 affiliated providers. The deal is expected […]

By Sruthi Shankar and Ankika Biswas (Reuters) -Wall Street was set to open lower on Thursday as disappointing results from Tesla, AT&T and some regional banks dented investor sentiment already soured by prospects of further U.S. interest rate hikes. The main U.S. stock indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the banking crisis in March, but rapidly rising rates […]

(Reuters) -Union Pacific Corp’s first-quarter profit trounced Wall Street estimates on Thursday, as core pricing hikes and fuel surcharges offset the impact from tepid volumes, sending shares of the U.S. railroad operator up 2% in premarket trading. The company’s net income stood at $2.67 per share. Analysts on average had forecast a profit of $2.58 per share, Refinitiv IBES data showed. Union Pacific, which connects 23 states in the western […]

KHARTOUM (Reuters) – Three flights carrying 177 Egyptian troops from Sudan have arrived in Cairo and a separate group of 27 air force personnel are in the care of the Egyptian embassy in Sudan, according to military statements. Sudan’s capital, Khartoum, and its sister cities Omdurman and Bahri have been rocked by fierce battles between the army and the paramilitary Rapid Support Forces (RSF), leaving many stranded and causing food […]

KYIV (Reuters) -Ukraine’s future lies in NATO, the Western military alliance’s chief Jens Stoltenberg underscored on Thursday during his first visit to the country since Russia’s invasion 14 months ago. “Let me be clear: Ukraine’s rightful place is in the euro-Atlantic family. Ukraine’s rightful place is in NATO. And over time, our support will help you to make this possible,” Stoltenberg told reporters during a joint press conference with Ukrainian […]

By David Latona MADRID (Reuters) – Spain’s lower house on Thursday passed changes to a contentious sexual violence law, widening a rift within the ruling coalition as the Socialists and their hard-left partner Unidas Podemos (UP) split into opposite camps during the vote. The law, known as “Only Yes is Yes” and the flagship policy of the UP-led equality ministry, was approved in August and touted as a milestone for […]

By Akash Sriram and Tanya Jain (Reuters) – Investments in the U.S. space industry dropped 53% to $2.2 billion in the three months ending March, a report said, with high interest rates and challenging market conditions making it the lowest quarter for funding the sector has seen since 2015. The steep drop in fresh capital has left many companies in a vulnerable state, while the failure of Silicon Valley Bank, […]