Town Hall News

SEOUL (Reuters) – Possible U.S. presidential candidate Ron DeSantis called on Wednesday for greater cooperation with South Korea as he visited Seoul on the second leg of a trip seen aimed at burnishing his foreign policy credentials for a presidential run. DeSantis, in a meeting with Prime Minister Han Duck-soo, vowed support for South Korean companies and exchanges between the state of Florida, of which he is governor, and South […]

COPENHAGEN (Reuters) – Sweden’s Assa Abloy, the world’s biggest lockmaker, on Wednesday reported a smaller drop than expected in first-quarter operating profit following a “very strong” start to the year. Operating profit fell to 3.96 billion crowns from a year-earlier 4.00 billion. Analysts polled by Refinitiv had on average expected a profit of 3.69 billion crowns. Excluding restructuring costs the operating profit grew to 5.18 billion crowns. Assa Abloy said […]

(Reuters) -Canadian miner Teck Resources Ltd, the target of an unsolicited takeover bid by Glencore, narrowly missed first-quarter estimates on Wednesday, hit by lower product prices, weak copper and zinc sales and higher expenses. Teck reported an adjusted profit of C$1.81 per share for the three months ended March 31, compared with the average analyst estimate of C$1.82, according to Refinitiv IBES data. Teck has repeatedly rejected approaches from Swiss […]

BERLIN (Reuters) – Three Russian military aircraft flying without transponder signals have been intercepted in international airspace over the Baltic Sea, Germany’s Luftwaffe said on Wednesday. German and British forces were deployed to identify the two Sukhoi Su-27 fighter aircraft and one Ilyushin Il-20 aircraft, the German air force said on Twitter. It posted several images of the Russian aircraft mid-flight. (Reporting by Friederike Heine, Editing by Andrew Heavens) Brought […]

BERLIN (Reuters) – Three Russian military aircraft flying without transponder signals have been intercepted in international airspace over the Baltic Sea, Germany’s Luftwaffe said on Wednesday. German and British forces were deployed to identify the two Sukhoi Su-27 fighter aircraft and one Ilyushin Il-20 aircraft, the German air force said on Twitter. It posted several images of the Russian aircraft mid-flight. (Reporting by Friederike Heine, Editing by Andrew Heavens) Brought […]

BEIJING (Reuters) – China will start building relay satellites that by 2030 will act as a communication bridge between missions to the moon and beyond, and ground operations on Earth, Chinese state media reported on Wednesday. A pilot of the satellite constellation will support China’s ongoing lunar exploration programme and the building of the International Lunar Research Station (ILRS), the official Xinhua news agency reported, citing Wu Yanhua, chief designer […]

BEIJING (Reuters) -E-commerce and tech giant Alibaba’s cloud computing division will cut prices for its products and services by up to 50% starting Wednesday, stepping up efforts to fight for a bigger slice of China’s cloud market amid rising competition. According to Alibaba Cloud’s website, prices for elastic computing services – the ability to quickly expand or decrease processing – using Arm and Intel-based chips will drop by 15% to […]

By Asiri Fernando COLOMBO (Reuters) -Sri Lanka is trying to reduce its overall debt by $17 billion through restructuring, its president told the parliament on Wednesday as he sought support of opposition parties for a nearly $3 billion International Monetary Fund (IMF) programme. President Ranil Wickremesinghe also said the country would discuss debt restructuring with India and the Paris Club of creditors on one platform and with China separately. Caught in […]

DUBAI (Reuters) -Sudan’s toppled leader Omar al-Bashir was moved from Kober prison to a military hospital in the Sudanese capital before heavy fighting broke out there on April 15, two sources at the hospital said.     The whereabouts of Bashir came into question after a former minister in his government, Ali Haroun, announced on Tuesday he had left the prison with other ex officials.     Both Bashir and Haroun are […]