Town Hall News

LONDON (Reuters) – Odey Asset Management is “in advanced discussions” to rehouse funds and transfer staff to other asset managers, it told investors in a letter on Thursday, after imposing exit curbs on key funds in the wake of fresh misconduct allegations against its founder. News of the talks comes in a week of upheaval for the firm after the Financial Times and Tortoise Media reported a raft of fresh […]

LONDON (Reuters) – Odey Asset Management is “in advanced discussions” to rehouse funds and transfer staff to other asset managers, it told investors in a letter on Thursday, after imposing exit curbs on key funds in the wake of fresh misconduct allegations against its founder. News of the talks comes in a week of upheaval for the firm after the Financial Times and Tortoise Media reported a raft of fresh […]

COPENHAGEN (Reuters) – Norway and Denmark have agreed to donate an additional 9,000 rounds of artillery to Ukraine, the Norwegian ministry of defence said in a statement on Thursday. Norway will provide the shells, while Denmark will donate fuses and propellant charges, the Norwegian ministry said. Norway will also donate 7,000 rounds from its own stocks, which have already been sent to Ukraine, according to the ministry. The artillery rounds […]

COPENHAGEN (Reuters) – Norway and Denmark have agreed to donate an additional 9,000 rounds of artillery to Ukraine, the Norwegian ministry of defence said in a statement on Thursday. Norway will provide the shells, while Denmark will donate fuses and propellant charges, the Norwegian ministry said. Norway will also donate 7,000 rounds from its own stocks, which have already been sent to Ukraine, according to the ministry. The artillery rounds […]

By Rupam Jain NEW DELHI (Reuters) – Indian police filed charges of sexual harassment and criminal intimidation on Thursday against the chief of the country’s wrestling federation, a powerful member of the ruling Bharatiya Janata Party (BJP), following complaints made by female wrestlers. Public Prosecutor Atul Srivastav read out the charges at a court hearing in the capital New Delhi. A police source said last week more than 155 people […]

By Rupam Jain NEW DELHI (Reuters) – Indian police filed charges of sexual harassment and criminal intimidation on Thursday against the chief of the country’s wrestling federation, a powerful member of the ruling Bharatiya Janata Party (BJP), following complaints made by female wrestlers. Public Prosecutor Atul Srivastav read out the charges at a court hearing in the capital New Delhi. A police source said last week more than 155 people […]

BRUSSELS (Reuters) – NATO’s support for Ukraine is making a difference on the battlefield, said NATO Secretary-General Jens Stoltenberg on Thursday, as Ukraine embarks on its counteroffensive against Russia. “The support NATO allies have been giving Ukraine now for many, many months actually makes a difference on the battlefield,” Stoltenberg told reporters in Brussels. (Reporting by Sabine Siebold, Andrew Gray, Benoit Van Overstraeten; Editing by Sudip Kar-Gupta) Brought to you […]

By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in housing activity and financial pain for homeowners on a par with the late 1980s. Lenders have repeatedly re-priced and pulled home loan offerings in recent weeks in a scramble to keep up with soaring funding costs, spurred by expectations […]

(Reuters) – Spanish veteran Feliciano Lopez, who will retire this season after 25 years on the ATP Tour, was appointed tournament director of the Davis Cup Finals on Thursday. Lopez, who has been the Madrid Open’s tournament director since 2019, is a four-time Davis Cup champion and reached a career-high ranking of world number 12. The 41-year-old replaces compatriot David Ferrer in the role. “I’ve been doing this for the […]