Town Hall News

By Sruthi Shankar and Ankika Biswas (Reuters) -Wall Street’s main indexes were on track for a subdued open on Tuesday as investors kept an eye out for inflation data that could determine the U.S. Federal Reserve’s next policy moves. Hopes that the Fed will soon end its aggressive monetary policy tightening have helped the benchmark S&P 500 stabilize so far in April after the collapse of two U.S. mid-sized lenders […]

By Sruthi Shankar and Ankika Biswas (Reuters) -U.S. stock index futures were mixed on Tuesday as investors refrained from making aggressive bets ahead of inflation data that could determine the Federal Reserve’s next policy moves, while caution also prevailed ahead of the earnings season. Hopes that the Fed will soon end its aggressive monetary policy tightening have helped the benchmark S&P 500 stabilize in April after the collapse of two […]

By James Davey LONDON (Reuters) – Sainsbury’s, Britain’s second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty scheme, rivalling a similar initiative at market leader Tesco. Dominated by Tesco and challenged by German discounters Aldi and Lidl, Britain’s supermarket sector has been marked by fierce competition and low margins for decades. Loyalty cards have become a […]

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -The Chinese navy continued with “actual combat training” around Taiwan on Tuesday, state media said, a day after Beijing announced the end of drills and as Taiwan President Tsai Ing-wen criticised China for its “irresponsible” behaviour. China began the exercises on Saturday after Tsai returned to Taipei following a meeting in Los Angeles with U.S. House of Representatives Speaker Kevin McCarthy. China, […]

PARIS (Reuters) – French media giant Vivendi is set to commit to selling celebrity magazine Gala in a bid to win the European Commission’s approval for the acquisition of Lagardere, a source close to the matter said on Tuesday. The commitment to the European Commission’s antitrust services will be made on Wednesday, the source added. The pledged sale of Gala would be the latest remedy offered by Vivendi, controlled by […]

(Reuters) – Utilities firm Dominion Energy Inc will buy Longroad Energy’s 108 megawatt solar project in Virginia, the U.S.-based renewable energy developer said on Tuesday. The solar project, called Foxhound, has been in development for six years and will produce enough clean energy to power more than 17,000 homes, Longroad said in a press release. Financial details of the deal were not disclosed. Dominion and other large U.S. utilities with […]

(Reuters) – Utilities firm Dominion Energy Inc will buy Longroad Energy’s 108 megawatt solar project in Virginia, the U.S.-based renewable energy developer said on Tuesday. The solar project, called Foxhound, has been in development for six years and will produce enough clean energy to power more than 17,000 homes, Longroad said in a press release. Financial details of the deal were not disclosed. Dominion and other large U.S. utilities with […]

By Abu Arqam Naqash MUZAFFARABAD, Pakistan (Reuters) -Pakistan administered Kashmir’s Prime Minister Sardar Tanveer Ilyas was disqualified from holding any public office for two years by a court on Tuesday in a contempt case, the court order said. Ilyas, a businessman, comes from the Pakistan Tehreek-e-Insaf (PTI) party of former Prime Minister Imran Khan, who has been locked in political wrangling with the government that succeeded him in Islamabad. The […]

By Sandra Stojanovic and Omar Younis NASHVILLE, Tennessee (Reuters) – Tennessee Democrats on Tuesday will press for the reinstatement of the second of two state representatives who were expelled for leading a rule-breaking gun policy protest on the floor of the statehouse, after the first was reinstated on Monday. Justin Jones pumped his fist and declared “power to the people” as he returned to the state House of Representatives after […]