Town Hall News

A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech delivered again, as another earnings beat from the world’s biggest firm soothed investor nerves over U.S. regional banks and the debt ceiling row – and Friday’s release of the April employment report. Apple, the world’s largest company by market capitalisation, surprised investors after the bell on Thursday with a rise in iPhone sales even […]

By Gram Slattery HENNIKER, New Hampshire (Reuters) – While other Republicans running for president assiduously avoid discussing abortion, Nikki Haley, a former U.N. ambassador with 20 years in American politics, is trying a novel approach: talking about it. Days ago, Haley, the only woman in the 2024 White House race, gave a lengthy speech stating she opposed abortion personally but, breaking with her party’s right flank, she called for a […]

By Khalid Abdelaziz and Nafisa Eltahir PORT SUDAN, Sudan (Reuters) – Heavy gunfire echoed around Khartoum again on Friday as civilians trapped in the Sudanese capital said the army and rival paramilitary forces were fighting on and ignoring their plight. “It’s been four days without electricity and our situation is difficult… We are the victims of a war that we aren’t a part of. No one cares about the citizen,” […]

MOSCOW (Reuters) -A drone attack on the Ilsky oil refinery in southern Russia, the second in as many days, has caused a fire, TASS news agency reported on Friday, citing emergency services. Russia’s RIA Novosti news agency also reported that there were no casualties following Friday’s incident, while the fire had been put out. It was not immediately clear who was behind the incident. Ukrainian officials do not usually claim […]

MOSCOW (Reuters) -A drone attack on the Ilsky oil refinery in southern Russia, the second in as many days, has caused a fire, TASS news agency reported on Friday, citing emergency services. Russia’s RIA Novosti news agency also reported that there were no casualties following Friday’s incident, while the fire had been put out. It was not immediately clear who was behind the incident. Ukrainian officials do not usually claim […]

By Casey Hall SHANGHAI (Reuters) -A potential 500 million euro ($551 million) write-off on unsold Yeezy shoes is a headache for Adidas as it looks to implement a global turnaround – but it’s not the German sportswear giant’s biggest problem. That would be China, the world’s second-largest sportswear market, where Adidas saw sales decline 36% in its last fiscal year. “Their numbers there have been just abysmal. They’ve clearly lost […]

By Felix Light and Caleb Davis (Reuters) -Yevgeny Prigozhin, leader of Russia’s Wagner Group mercenary force, said in a sudden and dramatic announcement on Friday that his forces would leave the Ukrainian city of Bakhmut that they have been trying to capture since last summer. Prigozhin said they would pull back on May 10 – ending their involvement in the longest and bloodiest battle of the war – because of […]

By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) -Credit Suisse has bought up $1.6 billion worth of Ecuador’s bonds, freeing up cash for conservation of the country’s unique Galapagos Islands in what is set to be the biggest debt-for-nature swap ever struck. The plans sees three of Ecuador’s big government bonds, which have slumped in value this year due to a political crisis in the country, being bought at […]

SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Friday he was frustrated for not yet finding a diplomatic fix over the continued detention of Julian Assange and that he remained concerned about the mental health of the WikiLeaks’ founder. “I know it’s frustrating, I share the frustration,” Albanese told ABC television from London where Assange is being held pending a U.S. extradition case. “I can’t do more than […]