Town Hall News

(Reuters) -Electronic Arts Inc said on Wednesday it would lay off about 6% of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts. Technology firms have led the latest round of layoffs as U.S. companies brace for a potential economic downturn amid rising interest rates around the world. Meta Platforms Inc and Amazon.com Inc announced a second round of job cuts this […]

SYDNEY (Reuters) – Job vacancies in Australia eased in the three months to February, the third straight quarter of decline, but still far above pre-pandemic levels in a sign of a still tight labour market. Figures from the Australian Bureau of Statistics (ABS) out on Thursday showed vacancies in the February quarter fell 1.5%, from the previous quarter, to 438,500. That was the lowest number in a year, but still […]

GENEVA (Reuters) – Equatorial Guinea has confirmed 13 cases of Marburg disease since the beginning of the epidemic, its health officials said on Wednesday after the head of the World Health Organization (WHO) urged the Central African country’s government to report new cases officially. Marburg virus disease is a viral haemorrhagic fever that can have a fatality rate of up to 88%, according to the WHO. Symptoms include fever, fatigue […]

By Yantoultra Ngui, Phuong Nguyen and Anshuman Daga SINGAPORE/HANOI (Reuters) -Vietnam’s largest conglomerate, Vingroup, is in discussions to sell a stake in its shopping mall arm as it seeks to bring in strategic investors, five sources told Reuters on Wednesday. Vincom Retail, Vietnam’s biggest shopping mall operator, which is nearly 60% controlled by Vingroup, commands a market value of $2.8 billion. The sources said Thailand’s biggest retailer Central Group and […]

By Daniela Desantis ASUNCION (Reuters) – U.S. Central Intelligence Agency (CIA) Deputy Director David Cohen has met with Paraguayan President Mario Abdo to discuss strengthening cooperation over security ahead of crunch elections in the South American country, Abdo said. Abdo said on Twitter on Wednesday that he had received Cohen in Paraguay but did not say when the previously unannounced meeting had taken place. The U.S. Embassy in Paraguay wrote […]

By Laila Kearney (Reuters) – Oil steadied in early Asian trade on Thursday as a surprise draw in U.S. crude oil stockpiles that supported prices was offset by a smaller-than-expected cut to Russian supplies and stronger dollar. Brent crude futures were unchanged at $78.28 a barrel at 0020 GMT. West Texas Intermediate U.S. crude fell 6 cents, or 0.1%, to $72.91 a barrel. Helping to support prices, U.S. crude oil […]

(Reuters) – Sorana Cirstea said she is feeling the best she has in years and is brimming with confidence after stunning world number two Aryna Sabalenka 6-4 6-4 at the Miami Open on Wednesday. The unseeded Romanian, who turns 33 next week, delivered a stunning performance to beat the Australian Open champion and make her second WTA 1000 semi-final nearly 10 years after reaching her first. “I started very young, […]

By Stella Qiu SYDNEY (Reuters) – National Australia Bank said on Thursday it expects Australian interest rates to peak at 3.85%, down from a previous estimate of 4.1%. NAB added it still expects the Reserve Bank of Australia to raise its official cash rate by 25 basis points in April for a final time, beginning rate cuts in the first half of 2024. “We continue to see rate cuts in […]

TOKYO (Reuters) – Mizuho Financial Group said on Thursday that it will scrap a joint project with Line Financial to develop smartphone-based Line Bank due to a lack of additional investment and delays in creating the service. (Reporting by Mariko Katsumura; Editing by Christian Schmollinger) Brought to you by www.srnnews.com