Town Hall News

WASHINGTON (Reuters) – President Joe Biden and top congressional Republican Speaker Kevin McCarthy will meet on Monday to discuss raising the federal government’s debt ceiling, just 10 days before the United States could face an unprecedented default. The Democratic president and the speaker of the Republican-controlled House of Representatives will meet at 5:30 p.m. ET (2130 GMT), the White House. Any deal to raise the $31.4 trillion debt limit must […]

GEORGETOWN (Reuters) -At least 19 children died after a fire gutted a secondary school dormitory in Guyana overnight, emergency services and the government said on Monday. The building in the central city of Mahdia was “completely engulfed in flames” by the time firefighters arrived around midnight, the Guyana Fire Service said in a statement on Monday. Fourteen children died at the scene and another five in hospital. Six others, including […]

By Elvira Pollina, Alexander Huebner and Amy-Jo Crowley MADRID/BERLIN/LONDON (Reuters) – German media group ProSiebenSat.1 and European pay-TV operator Sky have revived talks over a combination of their businesses in Germany, four sources familiar with the matter said Wednesday. Like other broadcasters across Europe, German broadcasters are struggling to reshape their business to compete with online streaming players such as Netflix and DAZN. Under a potential transaction, Sky would pay […]

By Shivam Patel NEW DELHI (Reuters) -The Delhi High Court on Monday issued a notice to British broadcaster BBC seeking its response in a defamation case over a documentary on Indian Prime Minister Narendra Modi that questioned his leadership during the 2002 Gujarat riots. The documentary, “India: the Modi question”, focused on Modi’s leadership as chief minister of the western state during riots in 2002 in which at least 1,000 […]

By Pavel Polityuk KYIV (Reuters) – Russia said on Monday it was battling a cross-border incursion by saboteurs who burst through the frontier from Ukraine, in what appeared to be one of the biggest attacks of its kind since the war began last year. A senior aide to Ukrainian President Volodymyr Zelenskiy said Kyiv had nothing to do with the incursion in Russia’s Belgorod region, putting it down to Russia’s […]

ROME (Reuters) – Luxury goods group LVMH and carmaker Stellantis have each donated 1 million euros ($1.10 million) to support flood relief efforts in northern Italy, the Emilia-Romagna region said on Monday. Floods killed 14 people last week in Emilia-Romagna as torrential rain caused more than 20 rivers to burst their banks, sending water cascading through towns and submerging thousands of acres of particularly fertile farmland. Stellantis’ Maserati brand is […]

(Reuters) – Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire “Call of Duty” videogame maker Activision Blizzard Inc, when a U.S. judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. The private plaintiffs sued Microsoft in California federal court in December to enjoin the deal, which they called harmful to competition. U.S. District Judge Jacqueline Scott […]

(Reuters) -The governor of Russia’s Belgorod region said on Monday that a Ukrainian ‘sabotage group’ had entered Russian territory in the Graivoron district bordering Ukraine, and was being repelled by Russian forces. However, the Ukrainian outlet Hromadske cited Ukrainian military intelligence as saying two armed Russian opposition groups, the Liberty of Russia Legion and the Russian Volunteer Corps (RVC), both consisting of Russian citizens, had carried out the attack. The […]

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped global markets on Monday, with equities mixed and U.S. treasury yields modestly higher. Oil futures were higher as demand optimism offset the default concerns. Gold prices retreated following hawkish comments from a Federal Reserve official. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the […]