Town Hall News

(Reuters) – Russia said on Tuesday it had summoned Poland’s chargé d’affaires to protest against what it called the “seizure” of its embassy school building in Warsaw last week. Poland took over the building on Saturday, arguing that Russia was illegally occupying Polish state property. Russia called the move an “illegal seizure”. “These steps by Warsaw will certainly not go without a proper response from us, which will not take […]

By Timothy Gardner WASHINGTON (Reuters) – U.S. Senator Joe Manchin introduced on Tuesday his latest measure to speed permitting of both fossil fuel and renewable energy projects, as he tries to win support from both major parties after similar bills failed several times last year. The legislation, Building American Energy Security Act, sets a two-year limit on environmental reviews of major federal energy projects and one year for smaller ones, […]

By Andy Sullivan and Jacqueline Thomsen WASHINGTON (Reuters) – The divided U.S. Congress is running out of time to raise the federal government’s $31.4 trillion debt ceiling, with the Treasury Department warning it could be unable to pay its bills as soon as June 1. If Congress fails to act, some legal experts say Democratic President Joe Biden has another option to avert a crisis: Invoke the 14th Amendment to […]

By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – HSBC tripled its profit in the first quarter as rising interest rates boosted its income, beating analyst forecasts and helping the bank pay its first quarterly dividend since 2019. The strong results reported by HSBC and Asian rival DBS on Tuesday underscore how aggressive policy tightening has lifted profit margins, even though it has also sparked banking sector turmoil in […]

(Reuters) – Russia said on Tuesday it had summoned Poland’s chargé d’affaires to protest against what it called the “seizure” of its embassy school building in Warsaw last week. Poland took over the building on Saturday, arguing that Russia was illegally occupying Polish state property. Russia called the move an “illegal seizure”. “These steps by Warsaw will certainly not go without a proper response from us, which will not take […]

By Sarah N. Lynch and Jasper Ward WASHINGTON (Reuters) -The U.S. Justice Department announced on Tuesday the arrest of 288 suspects, as part of an international law enforcement operation aimed at curbing the illicit trafficking of fentanyl and other dangerous opioids on the dark web. The operation, dubbed Operation SpecTor, involved multiple law enforcement agencies and was conducted across the United States, Europe, and South America. U.S. Attorney General Merrick […]

(Reuters) – Shares of major U.S. regional banks fell further on Tuesday in the aftermath of the collapse of First Republic Bank, the largest U.S. bank failure since the 2008 financial crisis. Investors are still concerned that the crisis started by the closure of Silicon Valley Bank and Signature Bank in March could engulf other mid-sized lenders. However, analysts have said JPMorgan Chase & Co’s acquisition of a majority of […]

By Priyamvada C and Doyinsola Oladipo (Reuters) -Marriott International Inc reported better-than-expected first-quarter results on Tuesday as the U.S. hotel operator benefited from a global rise in occupancy and room revenue led by domestic travel in China, sending its shares up by 3%. U.S. hotel operators who have been grappling over the past year with an uneven recovery in Chinese demand are now benefiting from pent-up-demand throughout Asia Pacific, particularly […]

By Mohamed Noureldin KHARTOUM (Reuters) – Sudan’s war has forced 100,000 people to flee over its borders and fighting now its third week is creating a humanitarian crisis, U.N. officials said on Tuesday as gunfire and explosions echoed across the capital despite another ceasefire deal. The conflict risks morphing into a broader disaster as Sudan’s impoverished neighbours deal with a refugee crunch and fighting hampers aid deliveries in a nation […]