Town Hall News

(Reuters) – Global shipments of personal computers (PCs) fell by 29% in the first quarter of 2023 due to weak demand, excess inventory and a deteriorating macroeconomic climate, with Apple Inc taking the largest hit, market research firm IDC said. In the report published Sunday, the International Data Corporation (IDC) said global PC shipments numbered 56.9 million in the first quarter of this year, down from 80.2 million in the […]

(Reuters) – Global shipments of personal computers (PCs) fell by 29% in the first quarter of 2023 due to weak demand, excess inventory and a deteriorating macroeconomic climate, with Apple Inc taking the largest hit, market research firm IDC said. In the report published Sunday, the International Data Corporation (IDC) said global PC shipments numbered 56.9 million in the first quarter of this year, down from 80.2 million in the […]

KYIV (Reuters) – The commander of the Ukrainian ground forces said on Monday that Russian troops had switched to “scorched earth” tactics in the embattled eastern city of Bakhmut and were destroying buildings and positions with air strikes and artillery. Russia’s assault on Bakhmut, a small city in the Donetsk region, has been the focus of the biggest battle of Moscow’s full-scale invasion launched in February 2022. “The enemy switched […]

KYIV (Reuters) – The commander of the Ukrainian ground forces said on Monday that Russian troops had switched to “scorched earth” tactics in the embattled eastern city of Bakhmut and were destroying buildings and positions with air strikes and artillery. Russia’s assault on Bakhmut, a small city in the Donetsk region, has been the focus of the biggest battle of Moscow’s full-scale invasion launched in February 2022. “The enemy switched […]

By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will propose a free trade agreement for some minerals shipped to the United States so that companies in the electric vehicle battery supply chain operating in the country can benefit from U.S. tax credits, a senior minister said on Monday. Washington has issued a new guidance for EV tax credits under the Inflation Reduction Act (IRA), requiring a certain value of battery components […]

BEIJING (Reuters) -A U.S. Navy destroyer sailed near one of the most important man-made and Chinese controlled islands in the South China Sea on Monday, in a freedom of navigation mission that Beijing denounced as illegal. While the United States frequently makes such voyages to challenge China and other states’ territorial claims in the strategic waterway, the latest one took place as Beijing staged more war games around Taiwan. The […]

By Idrees Ali WASHINGTON (Reuters) -Classified documents that appeared online, with details ranging from Ukraine’s air defenses to Israel’s Mossad spy agency, have U.S. officials scrambling to identify the leak’s source, with some experts saying it could be an American. Officials say the breadth of topics addressed in the documents, which touch on the war in Ukraine, China, the Middle East and Africa, suggest they may have been leaked by […]

By Florence Tan and Mohi Narayan (Reuters) -Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel demand. Brent crude futures slipped 7 cents to $85.05 a barrel by 0630 GMT, while U.S. West Texas Intermediate crude was at $80.67 a barrel, down 3 cents. Both contracts rose for a […]

BEIJING (Reuters) – Grassland fires from Mongolia on Monday threatened to spread across the border to China, spurring local Chinese authorities to dispatch teams to intercept them to avert a major blaze, Chinese state media reported. Using satellite remote sensing monitoring, officials at the Forest and Grassland Fire Prevention headquarters of Hulunbuir in China found fires outside the borders of two of the city’s counties – the New Barag Left […]