Town Hall News

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -The United States on Friday said it would protect its personnel in Syria after the U.S. military carried out air strikes against Iran-backed forces in retaliation for an attack that killed an American contractor and wounded five U.S. troops. Just a day after the deadly attack on U.S. personnel in Syria, which Washington blamed on a drone of Iranian origin, sources said […]

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -The United States on Friday said it would protect its personnel in Syria after the U.S. military carried out air strikes against Iran-backed forces in retaliation for an attack that killed an American contractor and wounded five U.S. troops. Just a day after the deadly attack on U.S. personnel in Syria, which Washington blamed on a drone of Iranian origin, sources said […]

LONDON (Reuters) -Cryptocurrency exchange Binance has suspended deposits and withdrawals on its platform due to technical issues affecting its spot trading, Chief Executive Changpeng Zhao said in a tweet on Friday. “Initial analysis indicates matching engine encountered a bug on a trailing stop order,” he said in a tweet, adding that the pause in deposits and withdrawals was a standard operating procedure. “Engine 1 is back online. Still need more […]

NEW YORK (Reuters) – Deutsche Bank AG has settled a lawsuit in which it accused two offshore funds of reneging on an agreement to sell it $1.6 billion of claims in the bankruptcy of Bernard Madoff’s namesake firm. The settlement was revealed on Thursday by lawyers for the German bank and the Kingate Global Fund and Kingate Euro Fund in a letter filed in federal court in Manhattan. Terms were […]

By Amanda Cooper, Sruthi Shankar and Amruta Khandekar (Reuters) – European banking stocks fell sharply on Friday, with Deutsche Bank and UBS knocked by worries that actions by regulators and central banks have not yet contained the worst problems to face the sector since the 2008 global financial crisis. Financial market stress indicators were also again flashing warning signs more widely, with the euro falling against the dollar and bond […]

By Abigail Summerville (Reuters) – Bleach maker Clorox Co has been seeking to divest its vitamins, minerals and supplements (VMS) business after efforts to scale it led to major losses, according to four people familiar with the situation. The VMS business represents just 3% of Clorox’s total net sales, yet in 2021 it forced it to take a $267 million writedown, equivalent to 57% of its most recent annual net […]

LONDON (Reuters) -Britain’s competition regulator said Microsoft’s 69-billion purchase of “Call of Duty” maker Activision Blizzard would not harm competition in gaming consoles, removing a major obstacle to the deal. In findings based on new evidence, the Competition and Markets Authority said on Friday that it would not make financial sense for Microsoft to make “Call of Duty” exclusive to its Xbox console, and it would instead still have the […]

By Sarah N. Lynch WASHINGTON (Reuters) -Donald Trump’s attorney Evan Corcoran appeared on Friday before a federal grand jury investigating the former U.S. president’s retention of classified documents after he left the White House in January 2021. Corcoran and his attorney Michael Levy entered the federal courthouse in Washington and went to the third floor where the grand jury typically meets. Special Counsel Jack Smith is leading the Justice Department’s […]

By Joice Alves LONDON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid nervousness over banks, with better-than expected economic data failing to lift sentiment. Banking stocks plunged in Europe with heavyweights Deutsche Bank and UBS Group pummelled by worries that the worst problems to hit the sector since the 2008 financial crisis have not yet been contained. Better-than-expected flash Purchasing Managers’ Index (PMI) […]