Town Hall News

By Seun Sanni LAGOS (Reuters) -Domestic flights in Nigeria were being disrupted on Monday, local airlines said, as aviation employees in Lagos blocked roads to the country’s busiest local airport to begin a two-day strike in protest over working conditions and wages. The strike is likely to add to problems in a sector that regularly faces jet fuel shortages, which often ground local flights and where international carriers struggle to […]

By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Monday rejected former President Donald Trump’s request to delay a scheduled April 25 trial over whether he defamed former Elle magazine columnist E. Jean Carroll by denying he raped her. Last week, Trump’s lawyers urged U.S. District Judge Lewis Kaplan in federal court in Manhattan to grant a four-week “cooling-off” period to at least May 23 to give Trump a […]

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar edged higher on Monday after the April survey of business activity in New York state rose for the first time in five months and bolstered expectations the Federal Reserve will raise interest rates in May. The dollar index, a measures of the currency against six major peers, rose 0.443% after the Empire State Manufacturing index shot to 10.8 from […]

By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Monday rejected former President Donald Trump’s request to delay a scheduled April 25 trial over whether he defamed former Elle magazine columnist E. Jean Carroll by denying he raped her. Last week, Trump’s lawyers urged U.S. District Judge Lewis Kaplan in federal court in Manhattan to grant a four-week “cooling-off” period to at least May 23 to give Trump a […]

By Nelson Acosta HAVANA (Reuters) – Cuban President Miguel Diaz-Canel is widely expected to be chosen this week by assembly lawmakers to lead the country for another five years, despite a rocky first term marked by the coronavirus pandemic and a near-unprecedented economic crisis. Diaz-Canel, 62, heads the Communist Party, to which all 470-members of the legislature elected by Cubans last month either belong or are sympathetic to. Cuba argues […]

By Kylie MacLellan and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak is being investigated by parliament’s standards watchdog over whether he properly declared his wife’s shareholding in a childcare company which stands to benefit from new government policy. Parliament’s Commissioner for Standards began the investigation over a “declaration of interest” on April 13, according to a list of open inquiries on its website on Monday. Opposition parties had […]

(Reuters) – Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as the drugmaker accounts its deal for Prometheus Biosciences Inc as an asset acquisition, CFO Caroline Litchfield said. The deal is expected to hit Merck’s profit by 25 cents per share in the first 12 months, Litchfield said in an investor conference call on Monday. The deal is expected to close […]

NEW YORK (Reuters) – Republican U.S. Representative Jim Jordan on Monday urged a court to let his probe into the criminal prosecution of former U.S. President Donald Trump proceed, arguing its subpoena of an ex-prosecutor was needed as part of a possible review of legislation. The office of Manhattan District Attorney Alvin Bragg, which brought the charges against Trump, last week sued Jordan to try to block a subpoena of […]

By Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s main indexes were little changed on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could provide cues on when the central bank will pause its monetary tightening. Wall Street closed lower on Friday after mixed economic data appeared to affirm another Fed rate hike in May, dampening investor enthusiasm after a series of big […]