Town Hall News

By Andrew Goudsward and Steve Gorman WASHINGTON (Reuters) – A Pennsylvania man found guilty of felony assault and other charges for pepper-spraying police officers outside the U.S. Capitol was sentenced on Friday to 14 years behind bars, the longest prison term to date for anyone convicted in the riot of Jan. 6, 2021. Peter J. Schwartz, 49, was convicted last December at a trial in federal court where evidence showed […]

By Patricia Zengerle WASHINGTON (Reuters) – The Republican chairman of the U.S. House of Representatives Foreign Affairs Committee threatened Secretary of State Antony Blinken with contempt of Congress if he does not comply with a subpoena seeking a classified cable related to the August 2021 U.S. withdrawal from Afghanistan. In a letter to Blinken dated Friday and released on Monday, Representative Michael McCaul said information that has been provided about […]

By Amanda Cooper LONDON (Reuters) – Global shares edged up in light trading on Monday, ahead of U.S. inflation data this week that could prove instrumental in setting expectations for the outlook for monetary policy. The dollar came under pressure as a deadline for lawmakers to resolve a standoff over the U.S. government’s borrowing limit drew ever closer. The MSCI All-World index, meanwhile, rose 0.2% on the day. Friday’s robust […]

By Amanda Cooper LONDON (Reuters) -Global shares edged up in light trading on Monday, ahead of U.S. inflation data this week that could prove instrumental in setting expectations for the outlook for monetary policy. The dollar came under pressure as a deadline for lawmakers to resolve a standoff over the U.S. government’s borrowing limit drew ever closer. The MSCI All-World index, meanwhile, rose 0.2% on the day. Friday’s robust U.S. […]

(Reuters) -The European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia’s war machine, the Financial Times reported on Sunday. Seven Chinese businesses have been listed in a new package of sanctions that will be discussed by EU member states this week, the report said, citing a copy of the sanctions list seen by the FT. According to the […]

(Reuters) -The European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia’s war machine, the Financial Times reported on Sunday. Seven Chinese businesses have been listed in a new package of sanctions that will be discussed by EU member states this week, the report said, citing a copy of the sanctions list seen by the FT. According to the […]

(Reuters) – Russia carried out drone, missile and air strikes on Kyiv and other Ukrainian cities through the night, escalating attacks in the run-up to its cherished Victory Day holiday that celebrates the defeat of Nazi Germany. CONFLICT * Ukraine’s top military command said its forces destroyed all 35 Iranian-made Shahed drones that Russia had launched overnight at targets around the country. * Kyiv’s mayor said at least five people […]

HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company’s chair. Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts, with the aim to export components to an assembly plant planned in neighbouring Thailand. In a government statement released after […]

By Alex Lawler LONDON (Reuters) -Oil rose on Monday as easing U.S. recession fears shifted market focus to tightening supplies, offering support after crude prices registered three straight weekly declines for the first time since November. A healthy U.S. jobs report for April helped oil to climb by about 4% on Friday even though labour market strength could compel the Federal Reserve to keep interest rates higher for longer. Brent […]