Town Hall News

By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator is investigating possible violation of ‘related party’ transaction rules in the Adani Group’s dealings with at least three offshore entities that have links to the brother of the conglomerate’s founder, two people said. The three entities allegedly entered into several investment transactions with unlisted units of the ports-to-power conglomerate founded by billionaire Gautam Adani over the last 13 years, said […]

BERLIN (Reuters) – Germany’s military cannot completely fill its existing gaps by 2030, Defence Minister Boris Pistorius was quoted as saying, as Berlin seeks to revamp its armed forces after Russia’s invasion of Ukraine following decades of neglect. “We all know that the existing gaps cannot be completely closed by 2030… It will take years. Everyone is aware of that,” Pistorius said in an interview with Welt am Sonntag newspaper […]

(Reuters) – Italian Jannik Sinner described Friday’s comeback victory over top-ranked Carlos Alcaraz at the Miami Open as one of the best of his career, saying the contest between the budding rivals displayed high levels of intensity. Tenth seed Sinner defeated defending champion Alcaraz 6-7(4) 6-4 6-2 in an epic semi-final duel, ending the Spaniard’s reign at the top of the rankings, with Novak Djokovic set to take over on […]

By Ian Ransom MELBOURNE (Reuters) – The feeling may not be mutual but former Formula One racing director Michael Masi is open to meeting with Mercedes more than a year after losing his job over the controversial 2021 title-decider in Abu Dhabi. Mercedes driver Lewis Hamilton missed what would have been a record eighth title after Masi changed the safety car procedures late in the race at Yas Marina, a […]

LONDON (Reuters) – Arsenal’s in-form winger Bukayo Saka must learn to deal with growing expectations and attention, manager Mikel Arteta said, jokingly adding that he had a “stick ready” in case the hype gets to the youngster’s head. Saka, who came through Arsenal’s youth ranks, has been in top form for the London club this season with 12 goals and 10 assists in the Premier League as they lead the […]

SHANGHAI (Reuters) -A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts in China for electric vehicles to 17,000 by 2025, as it planned to invest 15 billion euros ($16.26 billion) in the country on electric mobility […]

By Steve Gorman and Daniel Trotta (Reuters) -A fierce tornado blasted through Little Rock, Arkansas, and neighboring towns on Friday, killing at least two people and injuring dozens as it sheared roofs and walls from many buildings, flipped over vehicles and downed trees and power lines, officials said. Hours later another tornado or extreme burst of wind was believed to have ripped open the roof of an auditorium in northern […]

HONG KONG (Reuters) – Hong Kong on Saturday “firmly rejected” findings in a new U.S. government report that said U.S. interests had been threatened and that Beijing continued to “undermine” the rule of law and freedoms in the territory under a national security crackdown. The U.S.’ 2023 Hong Kong Policy Act Report, published by the U.S. State Department, said Chinese and Hong Kong authorities “continued to use ‘national security’ as […]

HONG KONG (Reuters) – Hong Kong on Saturday “firmly rejected” findings in a new U.S. government report that said U.S. interests had been threatened and that Beijing continued to “undermine” the rule of law and freedoms in the territory under a national security crackdown. The U.S.’ 2023 Hong Kong Policy Act Report, published by the U.S. State Department, said Chinese and Hong Kong authorities “continued to use ‘national security’ as […]