Town Hall News

By Trevor Hunnicutt and Katya Golubkova HIROSHIMA, Japan (Reuters) -Leaders of the world’s advanced democracies were set to unleash new sanctions against Russia as they gathered for a Group of Seven (G7) summit in Japan’s Hiroshima, a deeply symbolic backdrop for their efforts to make Moscow end the Ukraine war. Japanese Prime Minister Fumio Kishida and other leaders from the G7 rich nations, which also include the United States, Germany, […]

(Reuters) -Air raid alerts sounded throughout Ukraine early on Friday, with some areas later reporting explosions and officials saying anti-aircraft units were in action in several regions. The alerts extended to all regions of the country for about an hour from 2 a.m. (2300 GMT). But there were no reports of strikes on infrastructure or civilian targets and no indications of casualties as the alerts were withdrawn in Kyiv and […]

MEXICO CITY (Reuters) – Mexico’s president said on Thursday that construction and operation of a tourist train project that could cost up to $20 billion is a matter of national security, offering new legal protections for the high-profile public work. In a decree published in Mexico’s official gazette, President Andres Manuel Lopez Obrador invoked government and national security prerogatives over “the construction, operation, maintenance … execution and administration of the […]

By Byron Kaye SYDNEY (Reuters) – Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology, one of the highest-profile repudiations of the once-feted concept best known for powering cryptocurrency. ASX Ltd frustrated market participants in November by “pausing” a rebuild of its all-in-one trading, settlement and clearing software based on the decentralised computing concept, after an external review found it had […]

By Laura Sanicola (Reuters) – Oil prices fell slightly in early Asian trade on Friday as optimism that a U.S. debt default will be avoided weighed against sticky inflation data that could portend more interest rate hikes from global central banks. Brent futures were down 2 cents at $75.84 a barrel as at 0015 GMT. U.S. West Texas Intermediate (WTI) crude fell 10 cents, or 0.043%, to settle at $71.76. […]

By Steve Keating ROCHESTER, New York (Reuters) – Eric Cole, still chasing a first career win, charged to the top of the PGA Championship first round leaderboard ahead of a pack of major winners on Thursday before play was halted due to darkness, bringing the curtain down on a wild day at Oak Hill. Starting on the back nine, the PGA Tour rookie mixed six birdies with a bogey to […]

SYDNEY (Reuters) – A 95-year-old grandmother who Australian police tasered at an old people’s home is in critical condition as the homicide squad join a high-profile investigation into the incident, police said on Friday. Police were called to the Yallambee aged care home in Cooma, about 300 km southwest of Sydney, on Wednesday after staff found resident Clare Nowland outside her room holding a steak-knife, said assistant commissioner Peter Cotter […]

By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and hand the reins to Peter Orszag, who currently runs the investment bank’s financial advisory unit, a person familiar with the matter said on Thursday. Jacobs’ decision to step down comes after Lazard reported a loss in the first quarter as dealmaking activity slumped. Lazard has warned of an uncertain outlook […]

By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and hand the reins to Peter Orszag, who currently runs the investment bank’s financial advisory unit, a person familiar with the matter said on Thursday. Jacobs’ decision to step down comes after Lazard reported a loss in the first quarter as dealmaking activity slumped. Lazard has warned of an uncertain outlook […]