Town Hall News

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. (Reporting by Sarah N. Lynch; Editing by Doina Chiacu) Brought to you by www.srnnews.com

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) […]

SEOUL (Reuters) – South Korean battery giant LG Energy Solution Ltd is in talks with Toyota Motors Corp to supply electric vehicle (EV) batteries, LGES Chief Executive Officer said on Friday. When asked about the negotiation progress with Toyota, LGES Chief Executive Officer Kwon Young Soo said that it has been going well. “We are discussing the way of cooperation,” Kwon told reporters after an annual shareholders meeting. In October, […]

By Krystal Hu and Stephen Nellis (Reuters) – Databricks, a San Francisco-based startup last valued at $38 billion, on Friday released open-source code that it said companies could use to create their own chatbots along the lines of OpenAI’s ChatGPT. The code is an AI model, an algorithm that is trained on sets of data and can then learn from new data to perform a variety of tasks. Databricks CEO […]

SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Friday reported a record drop in fourth-quarter revenue as the company weathered a slowdown in consumption and disruptions due to China’s COVID-19 curbs. Early signs suggest China’s economy will only rebound slowly, as consumers remain cautious about spending money despite an easing of restrictions on domestic and international travel. Xiaomi group president Lu Weibing, speaking on a company earnings call, said China’s […]

By Henriette Chacar JERUSALEM (Reuters) -Israel’s attorney-general on Friday accused Prime Minister Benjamin Netanyahu of breaking the law by ignoring a conflict of interest over his ongoing trial for corruption and getting directly involved in his government’s judicial overhaul plan. In the face of intensifying protests against the proposed changes, which would weaken the Supreme Court, Netanyahu said on Thursday he was putting aside all other considerations and would do […]

By Karen Lema and Neil Jerome Morales MANILA (Reuters) – Maritime issues between the Philippines and China remain a “serious concern”, a Philippine official said on Friday, as the countries pledged to use diplomacy to resolve differences peacefully during high-level talks. The Philippines hosted this week the first in-person meeting between diplomats from the countries since before the pandemic, amid a flare-up in tensions over what Manila described as China’s […]

BEIJING (Reuters) – China’s GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to set up a plant in South Korea to meet the conditions of the U.S.Inflation Reduction Act (IRA), it said on Friday. The joint venture would aim to invest about 1.21 trillion won ($932.56 million) between 2023 and 2026 to build a factory with a minimum […]

By YP Rajesh and Krishn Kaushik NEW DELHI (Reuters) – Indian opposition leader Rahul Gandhi has never been a minister in a federal or state government, has not led his Congress party to a general election victory, and quit as party chief after it was demolished in the last parliamentary polls in 2019. Yet he remains at the centre of India’s opposition politics and the main target of Prime Minister […]