Town Hall News

LONDON (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters, the publisher of Reuters News, is looking to sell around $3 billion worth of shares in the London Stock Exchange Group, according to a term sheet shared by an investment bank involved in the sale on Tuesday. The accelerated stock offering, unveiled after the market close, includes some 28 million shares representing a voting interest of approximately […]

(Reuters) – The Women’s National Basketball Association (WNBA) stripped defending champions Las Vegas Aces of their 2025 first-round draft pick and suspended head coach Becky Hammon for two games without pay for violating league rules on Tuesday. The league found the Aces made promises of “impermissible benefits” in negotiations for a contract extension with two-time All-Star Dearica Hamby, who went to the Los Angeles Sparks in January. Hammon, who took […]

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s civilian and military leaders on Tuesday said that rioters and their backers who attacked state assets and military installations to protest the arrest of former prime minister Imran Khan will be tried under army laws. The decision was taken at a meeting of the National Security Committee chaired by Prime Minister Shehbaz Sharif. It is an endorsement of the military, which said on […]

(Corrects details of funding rounds in paragraph 6) By Stephen Nellis and Jane Lanhee Lee (Reuters) -iDEAL Semiconductor on Tuesday said it has raised a new round of funding and is releasing a new technology that can make chips for electric vehicles and data centers more efficient while using cheap, readily available materials. iDEAL’s technology is a new way of making what are called power chips, which go into everything […]

By Dan Peleschuk KYIV (Reuters) -The head of Ukraine’s Supreme Court was dismissed from his post on Tuesday after being detained in a bribery investigation which anti-corruption authorities cast as their biggest-ever case. Kyiv has redoubled efforts to clamp down on corruption despite Russia’s invasion, and doing so is vital to meet the conditions for joining the European Union. Oleksandr Omelchenko, a prosecutor at the Specialised Anti-Corruption Prosecutor’s Office (SAPO), […]

WASHINGTON (Reuters) – Aides for President Joe Biden and Republican House Speaker Kevin McCarthy have been discussing tightening work requirements for food and other programs for low-income Americans ahead of a debt ceiling meeting between the two leaders on Tuesday, according to sources familiar with the discussions. The discussions have been largely focused on the Supplemental Nutrition Assistance Program (SNAP), the federal nutrition assistance program that reaches over 40 million […]

By Andreas Rinke and Michel Rose REYKJAVIK (Reuters) -Ways to hold Russia to account for its war against Ukraine, including keeping a tally of losses and damage inflicted by Moscow’s forces, were the focus of talks as European leaders met in Iceland on Tuesday for a two-day summit. German Chancellor Olaf Scholz, French President Emmanuel Macron and British Prime Minister Rishi Sunak are among the leaders who are underscoring their […]

(Reuters) – Philadelphia 76ers head coach Doc Rivers was fired on Tuesday after a humiliating Game 7 loss to the Boston Celtics, as the team bounced out in the second round of the NBA playoffs for a third straight year. Rivers is one of the most successful coaches in the NBA and had amassed a record of 154 wins and 82 losses in Philadelphia, coaching center Joel Embiid to his […]

By Mark Trevelyan (Reuters) -The Kremlin said on Tuesday its agencies were tracking Western spy activity after the U.S. Central Intelligence Agency published a video encouraging Russians to make contact via a secure internet channel. The short video in Russian was accompanied by a text saying the agency wanted to hear from military officers, intelligence specialists, diplomats, scientists and people with information about Russia’s economy and its leadership. “Contact us. […]