Town Hall News

By David Shepardson (Reuters) – Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing on cost at a smaller scale. “I think we see the Chinese as the main competitor, not GM or Toyota,” Farley said at the Morgan Stanley Sustainable Finance Summit. “The Chinese are going to be the powerhouse.” China, the […]

Israeli Spies Targeted People With Ties to Iran, Turkish Media Reports Experts are divided as to the credibility of the report, with skeptics saying it might be an attempt to drum up support for Erdoğan ahead of the election By Kristina Jovanovski/The Media Line An alleged Israeli spy ring targeting people with ties to Iran is Turkey’s latest espionage accusation against its renewed ally. The pro-government Daily Sabah newspaper reported […]

WASHINGTON (Reuters) – The United States has long asked Ukraine not to use U.S.-provided military equipment to carry out attacks inside Russian territory, the top U.S. general said on Thursday, following accusations pro-Ukrainian militia used U.S. armored vehicles. Army General Mark Milley, chairman of the Joint Chiefs of Staff, said his office was looking into imagery showing the vehicles allegedly used in an attack the Russian border region of Belgorod. […]

By Anirban Sen (Reuters) – Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd, according to a person familiar with the matter. There is no certainty that Viterra, part-owned by Switzerland-based mining and trading giant Glencore, will be able to reach an agreement on the terms of a deal, the source said, requesting anonymity as these discussions are confidential. Shares of Bunge were trading at […]

By Svea Herbst-Bayliss NEW YORK (Reuters) -Carl Icahn secured a seat on Thursday for one of his three nominees to the board of gene sequencing machine maker Illumina Inc, a partial victory for the activist investor who is struggling to defend his own company from a shortseller attack. Illumina said that only one of Icahn’s three board nominees, Andrew Teno, won enough shareholder votes for election, confirming an earlier Reuters […]

By Joseph White DETROIT (Reuters) – U.S. trade policy with China and other nations must strike a more equitable balance between needs of workers and corporate profits, leaders of two big U.S. unions said at the Asia Pacific Economic Cooperation trade ministers meeting on Thursday. “We’re not anti-trade,” United Auto Workers union President Shawn Fain said during a panel discussion led by U.S. Trade Representative Katherine Tai. “We’re anti-trade (when) […]

By Blake Brittain (Reuters) – Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired private investigators who donned fake identities to solicit information about Motif’s products during their patent dispute. In documents unsealed on Tuesday, Motif said investigators who falsely claimed to represent potential partners started approaching them to obtain samples and other information about its meat substitute shortly after Impossible Foods filed a […]

By Blake Brittain (Reuters) – Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired private investigators who donned fake identities to solicit information about Motif’s products during their patent dispute. In documents unsealed on Tuesday, Motif said investigators who falsely claimed to represent potential partners started approaching them to obtain samples and other information about its meat substitute shortly after Impossible Foods filed a […]

By Prak Chan Thul PHNOM PENH (Reuters) -Cambodia’s Constitutional Council on Thursday rejected an appeal by the sole opposition party against its election disqualification, a decision that means the ruling party will run virtually unopposed in July. The Candlelight Party, a weakened reincarnation of a popular opposition party that was dissolved in 2017, was disqualified from the July 23 election over its registration paperwork, a ban activists dismissed as part […]