Town Hall News

KYIV (Reuters) – Ukraine’s state arms producer said on Thursday it would launch joint production of 125-mm rounds for Soviet-era tanks with Polish arms producer Polska Grupa Zbrojeniowa (PGZ). Ukroboronprom said Poland would become the second NATO member state to help Ukraine produce ammunition as the country battles Russian troops that launched a full-scale invasion more than 13 months ago. “In line with the agreement, new production lines to produce […]

By Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s main indexes fell on Thursday as latest labor market data pointed to slowing economic growth due to rapid interest rate hikes, with risk-wary investors looking forward to monthly jobs data for a clearer picture of the economy. Initial jobless claims fell to a seasonally adjusted 228,000 for the week ended April 1, a Labor Department report showed, but the prior […]

(Reuters) – Wall Street’s main indexes opened lower on Thursday as a stronger-than-expected weekly jobless claims report pointed to growing signs that rapid interest rate hikes by the Federal Reserve was slowing down economic growth. The Dow Jones Industrial Average fell 61.76 points, or 0.18%, at the open to 33,420.96. The S&P 500 opened lower by 9.23 points, or 0.23%, at 4,081.15, while the Nasdaq Composite dropped 57.78 points, or […]

By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin LONDON/SAN FRANCISCO (Reuters) – Tesla Inc assures its millions of electric car owners that their privacy “is and will always be enormously important to us.” The cameras it builds into vehicles to assist driving, it notes on its website, are “designed from the ground up to protect your privacy.” But between 2019 and 2022, groups of Tesla employees privately shared via an […]

By Henriette Chacar and Maya Gebeily JERUSALEM/BEIRUT (Reuters) -Rockets were fired from Lebanon into Israel on Thursday and answered by a burst of cross-border artillery fire, officials said, amid escalating tension following Israeli police raids on the Al-Aqsa mosque in Jerusalem. The Israeli military said it had intercepted at least one rocket as sirens sounded in northern towns near the border, while two Lebanese security sources said there had been […]

By Siddharth Cavale NEW YORK (Reuters) – Walmart plans to have its own network of electric vehicle charging stations for public use by 2030, to tap into growing adoption of EVs in the United States. The new fast charging stations will be placed at thousands of Walmart and Sam’s Club stores, alongside nearly 1,300 it already operates as part of a deal with Electrify America, one of the country’s largest […]

(Reuters) -U.S. utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Dominion is mulling a sale of its gas-distribution companies serving North Carolina, Ohio and parts of the Western U.S., which combined could be worth $13 billion, the report said. National Grid on the […]

By Iain Withers LONDON (Reuters) -Investor advisory firm Glass Lewis has recommended that Barclays’ shareholders vote against its bosses’ pay because of long-term bonuses awarded to one former executive who was finance chief when the bank sold billions of pounds of securities in error. The British bank is also set to face scrutiny at its May 3 annual general meeting in relation to former CEO Jes Staley. U.S. lawsuits have […]

(removes extraneous words from headline) BEIJING/PARIS (Reuters) – Plans for a new Airbus assembly line in China, announced during a visit to Beijing by French President Emmanuel Macron on Thursday, will bolster the planemaker’s plans for increases in output while leaving spare capacity, its CEO said on Thursday. Guillaume Faury told reporters the expansion underpinned plans to lift output to 75 a month in 2026, from 45 at end-2022, while […]