Town Hall News

ZURICH (Reuters) – Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Monday, in an open letter to the country’s parliament. SBPV managing director Natalia Ferrara has written to lawmakers to demand they consider staff affected by the collapse of Credit Suisse and halt any job losses until the end of 2023. “We … call […]

By Humeyra Pamuk and Simon Lewis WASHINGTON (Reuters) -The United States on Monday determined that Russia has “wrongfully detained” American Wall Street Journal reporter Evan Gershkovich, effectively saying that espionage charges are bogus and that the case is political. “Journalism is not a crime,” State Department spokesperson Vedant Patel said in a statement. “We condemn the Kremlin’s continued repression of independent voices in Russia, and its ongoing war against the […]

ZURICH (Reuters) – Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Monday, in an open letter to the country’s parliament. SBPV managing director Natalia Ferrara has written to lawmakers to demand they consider staff affected by the collapse of Credit Suisse and halt any job losses until the end of 2023. “We … call […]

By Sudarshan Varadhan CHENNAI (Reuters) -Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude stockpiles. Brent crude futures rose 64 cents, or 0.8%, to $84.82 a barrel at 0557 GMT, while U.S. West Texas Intermediate futures gained 67 cents, or 0.8%, to $80.41 a barrel. Data from China showed that consumer inflation in […]

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -Chinese warplanes and navy ships were still in the waters around Taiwan, the island’s defence ministry said on Tuesday after the end of three days of war games, as Taiwan President Tsai Ing-wen criticised Beijing 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 […]

ZURICH (Reuters) – Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Monday, in an open letter to the country’s parliament. SBPV managing director Natalia Ferrara has written to lawmakers to demand they consider staff affected by the collapse of Credit Suisse and halt any job losses until the end of 2023. “We … call […]

SINGAPORE (Reuters) – Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last 2% higher at $30,262. It has gained about 6% since the start of the month, after rising 23% […]

By Sandra Stojanovic and Omar Younis NASHVILLE, Tennessee (Reuters) -Tennessee state Representative Justin Jones returned to the state House on Monday, pumping his fist and declaring “power to the people” as a Nashville-area council restored him to office following his expulsion over a gun protest. Republican lawmakers ousted Jones and another young, Black legislator last week over their gun control protest on the House floor, capturing national attention with Democrats […]

By Josh Ye HONG KONG (Reuters) -China’s cyberspace regulator unveiled draft measures on Tuesday for managing generative artificial intelligence services, saying it wants firms to submit security assessments to authorities before they launch their offerings to the public. The rules drafted by the Cyberspace Administration of China (CAC) come as several governments are considering how to mitigate the dangers of the emerging technology, which has experienced a boom in investment […]