Town Hall News

FRANKFURT (Reuters) -Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to donate the proceeds to selected organisations combating racism and hate. The news fleshes out plans initially outlined last week and follows Adidas’ move to cut ties with West over anti-Semitic comments made last year, leaving the German sporting […]

FRANKFURT (Reuters) -Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to donate the proceeds to selected organisations combating racism and hate. The news fleshes out plans initially outlined last week and follows Adidas’ move to cut ties with West over anti-Semitic comments made last year, leaving the German sporting […]

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters’ review of its website, at a time when the electric carmaker has raised U.S. prices on most newly ordered cars this month. Tesla, which this year has aggressively cut vehicle prices in several regions, is resorting […]

(Reuters) -The Russian branch of environmental group Greenpeace on Friday said it would shut down after authorities declared the group an “undesirable organisation”, effectively banning it from operating. In a statement, Russia’s Prosecutor General said Greenpeace had tried to “interfere in the internal affairs of the state” and was “engaged in anti-Russian propaganda” by calling for sanctions against Moscow. The label “undesirable” has been applied to dozens of foreign groups […]

By Aziz El Yaakoubi and Samia Nakhoul JEDDAH, Saudi Arabia (Reuters) – Syrian President Bashar al-Assad was given a warm welcome at an Arab summit on Friday, winning a hug from Saudi Arabia’s crown prince at a meeting of leaders who had shunned him for years, in a policy shift opposed by the U.S. and other Western powers. Saudi Crown Prince Mohammed bin Salman shook hands with a beaming Assad […]

(Reuters) – The U.S. Food and Drug Administration on Friday approved Krystal Biotech Inc’s topical gene therapy for patients with a genetic skin disorder, making it the first-of-its kind treatment for epidermolysis bullosa. The therapy, Vyjuvek, has been approved for the treatment of dystrophic epidermolysis bullosa, a rare and severe genetic disease that usually presents at birth. Patients with the disease suffer from open wounds, causing skin infections and are […]

(Reuters) – The U.S. Food and Drug Administration approved Krystal Biotech Inc’s topical gene therapy for patients with a genetic skin disorder, making it the first of its kind to receive the health regulator’s approval.  (Reporting by Pratik Jain in Bengaluru; Editing by Shailesh Kuber) Brought to you by www.srnnews.com

By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more mergers may be necessary after a series of bank failures, CNN reported on Friday, citing two people familiar with the matter. A Treasury spokesperson declined to comment on the meeting with CEOs of the largest U.S. banks beyond a statement issued afterwards that reaffirmed the strength and soundness of the […]

By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more mergers may be necessary after a series of bank failures, CNN reported on Friday, citing two people familiar with the matter. A Treasury spokesperson declined to comment on the meeting with CEOs of the largest U.S. banks beyond a statement issued afterwards that reaffirmed the strength and soundness of the […]