Town Hall News

SEOUL (Reuters) – Samsung Electronics Co Ltd reported a 95% plunge in first-quarter profit on Thursday as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting. The world’s top maker of memory chips and smartphones as of 2022 said operating profit fell to 640 billion won ($478.6 million) for the January-March quarter, from 14.12 trillion won a year earlier. That was in line with […]

KHARTOUM (Reuters) -The conflict between Sudan’s army and a paramilitary group called the Rapid Support Forces (RSF) has triggered a rush to extract foreign diplomats and citizens. Several countries have evacuated nationals by air, while some have gone via Port Sudan on the Red Sea, about 800 km (500 miles) by road from Khartoum. This is the status of some countries’ efforts: GERMANY As of Tuesday morning, a German evacuation […]

By Khalid Abdelaziz and Nadine Awadalla KHARTOUM (Reuters) -Sudan’s army and a paramilitary force battled on Khartoum’s outskirts on Wednesday, undermining a truce in their 11-day conflict, but the army expressed willingness to extend the ceasefire. The army late on Wednesday said its leader, General Abdel Fattah al-Burhan, gave initial approval to a plan to extend the truce for another 72 hours and send an army envoy to the South […]

SEOUL (Reuters) – Samsung Electronics Co Ltd reported a 95% plunge in first quarter profit on Thursday, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting. The world’s top maker of memory chips and smartphones as of 2022 said operating profit fell to 640 billion won ($478.55 million) for the January-March quarter, from 14.12 trillion won a year earlier. ($1 = 1,337.3800 won) […]

By Maggie Fick LONDON (Reuters) – Brussels on Wednesday published a long-awaited draft of its proposed overhaul of laws governing the European Union’s pharmaceuticals industry, setting up a tussle with drugmakers which warn they will invest and innovate elsewhere. The biggest overhaul of existing medical laws in two decades is aimed at ensuring all Europeans have access to both innovative new treatments and generic drugs, and ending huge divergences in […]

By Tom Hals WILMINGTON, Delaware (Reuters) – When attorneys for Florida Governor Ron DeSantis appear in court to defend against Walt Disney Co’s lawsuit that accuses the Republican official of weaponizing state government, they will see a familiar face, if not always a welcome one. U.S. District Judge Mark Walker in Tallahassee has struck down several laws that defined DeSantis’ conservative political agenda, including statutes that sought to limit the […]

By Kanishka Singh WASHINGTON (Reuters) – The U.S. Justice Department on Wednesday filed a complaint challenging a new Tennessee law that bans doctors from providing gender-affirming medical treatment such as puberty blockers, hormone therapy and surgery to transgender minors. The Justice Department said the law violated the U.S. Constitution’s Fourteenth Amendment, which promises equal protection. The Justice Department also said it was asking the court to issue an immediate order […]

By Maggie Fick LONDON (Reuters) -Brussels on Wednesday published a long-awaited draft of its proposed overhaul of laws governing the European Union’s pharmaceuticals industry, setting up a tussle with drugmakers which warn they will invest and innovate elsewhere. The biggest overhaul of existing medical laws in two decades is aimed at ensuring all Europeans have access to both innovative new treatments and generic drugs, and ending huge divergences in access […]

MANCHESTER (Reuters) – A Kevin De Bruyne-inspired Manchester City struck a hammer blow in the Premier League title race as they outclassed leaders Arsenal 4-1 with an electrifying display in a seismic clash of the top two at the Etihad Stadium on Wednesday. Pep Guardiola’s relentless side ran riot as they made it 12 successive league wins against Arsenal with a masterful De Bruyne scoring twice and Erling Haaland also […]