Town Hall News

By Belén Carreño and Philip Blenkinsop MADRID/Brussels (Reuters) -The European Commission has said it is a priority to conclude a long-delayed trade deal with South America’s Mercosur bloc, as the EU seeks new allies to reduce its dependence on China and the United States, according to a document seen by Reuters. The policy paper, due to be presented by the EU’s top diplomat Josep Borrell on Wednesday, sets out the […]

(Reuters) – Canadian miner Fortuna Silver Mines Inc said a contractor employee died at its Caylloma mine in Peru on Friday. The accident occurred during underground mining operations and no other personnel were injured, the company said on Monday, adding that the operations were briefly suspended before resuming on Sunday. The precious metal miner said appropriate government and local authorities have been notified and an investigation to determine the cause […]

By Sam Tobin and Michael Holden LONDON (Reuters) -Prince Harry failed to appear on Monday at the High Court in London where he is suing a British tabloid publisher, with the judge saying he was surprised by his absence and a lawyer for the papers calling his no-show “extraordinary”. Harry, King Charles’ younger son, will face hours of questioning in the witness box on Tuesday, becoming the first senior British […]

By YP Rajesh NEW DELHI (Reuters) -India and the United States have concluded a roadmap for defence industry cooperation for the next few years, the two countries said on Monday, a landmark move expected to bolster New Delhi’s defence manufacturing ambitions. Washington is working to deepen ties with India and sees stronger military-to-military and technology ties with the world’s largest democracy as a key counterweight to China’s dominance in the […]

(Reuters) -Amedisys Inc said on Monday it had received an unsolicited $3.26 billion all-cash offer from UnitedHealth Group’s health services company Optum, a month after agreeing to be bought by another healthcare firm. Optum made an offer of $100 per share, according to Amedisys, compared with Option Care Health Inc’s agreement last month to buy the company for roughly $97.38 per share. Amedisys’ board has not yet determined whether Optum’s […]

By Belén Carreño and Philip Blenkinsop MADRID/Brussels (Reuters) -The European Commission has said it is a priority to conclude a long-delayed trade deal with South America’s Mercosur bloc, as the EU seeks new allies to reduce its dependence on China and the United States, according to a document seen by Reuters. The policy paper, due to be presented by the EU’s top diplomat Josep Borrell on Wednesday, sets out the […]

HONG KONG/BEIJING (Reuters) -China’s CITIC Securities is cutting pay across its investment banking division, lowering base salaries by up to 15%, two sources said, in a rare move in the country’s financial sector as Beijing pushes to bridge income disparity. The country’s top investment bank by market value has also yet to pay bonuses to bankers for work done last year, the two sources close to the matter said. The […]

By Sruthi Shankar and Shristi Achar A (Reuters) -Wall Street futures were set to open subdued on Monday after a solid rally last week, as investors assessed chances of the Federal Reserve pausing interest rate hikes at its upcoming policy meeting. U.S. stocks rallied on Friday after a report showed that wage growth moderated in May, raising hopes that the U.S. central bank could skip a rate hike next week, […]

DUBAI (Reuters) -Qatar recorded a budget surplus of 19.7 billion Qatari riyals ($5.4 billion) in the first quarter of 2023, its state news agency said on Monday, citing the finance ministry. Total revenues for Q1 stood at 68.6 billion riyals, of which 63.4 billion were oil and gas revenues, the Qatar News Agency statement said, while non-oil revenues amounted to 5.2 billion riyals. The Gulf state, among the world’s top […]