Town Hall News

By Luc Cohen, Jack Queen and Jonathan Stempel NEW YORK (Reuters) -E. Jean Carroll’s accusation that Donald Trump raped her was not a “he said, she said” dispute, a lawyer representing the writer told jurors on Tuesday as a civil trial over the former U.S. president’s conduct nearly three decades ago got under way. Shawn Crowley, who represents the former Elle magazine advice columnist, said in her opening statement that […]

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An unholy trinity of U.S. developments on Tuesday – poor corporate earnings, a bank’s value going up in smoke and slumping consumer confidence – will likely set an extremely gloomy tone for Asian markets on Wednesday. This will be the backdrop to trade figures from Thailand and New Zealand, industrial production data from […]

(Reuters) – The Russian foreign ministry said late on Tuesday that it held talks with Armenian counterparts on the need to ease tensions between Armenia and Azerbaijan over the disputed Nagorno-Karabakh region. Russian Deputy Foreign Minister Mikhail Galuzin met with Armenia’s two deputy foreign ministers and urged them to intensify efforts to normalise the situation in the region. “The current situation in the region … causes serious concern,” the Russian […]

By Catarina Demony LISBON (Reuters) -Portugal’s President Marcelo Rebelo de Sousa said on Tuesday his country should apologise and take responsibility for its role in the transatlantic slave trade, the first time a leader of the southern European nation has suggested such a national apology. From the 15th to the 19th century, 6 million Africans were kidnapped and forcibly transported across the Atlantic by Portuguese vessels and sold into slavery, […]

By Khalid Abdelaziz KHARTOUM (Reuters) – Fighting in Sudan eased on Tuesday and more foreigners and locals fled the capital Khartoum, where marauding combatants created what a U.N. agency said was a “high risk of biological hazard” by seizing a laboratory. The World Health Organization (WHO) said one of the warring parties had taken control of a national health facility that stores measles and cholera pathogens for vaccinations, and ejected […]

(Reuters) – Citigroup senior executive Paul Barrett has left the bank, it said on Tuesday, days after media reports that he met with disgraced financier Jeffrey Epstein while he was employed at rival JPMorgan Chase became public. “Until recently, Citi was unaware of Paul Barrett’s association with Jeffrey Epstein, which predated his employment at our firm. Mr. Barrett is no longer employed by Citi,” the bank said in a statement. […]

By Chavi Mehta (Reuters) -Texas Instruments forecast second-quarter revenue and profit below Wall Street estimates on Tuesday, signaling demand weakness is spreading to most of the analog chipmaker’s end-markets. A chip supply glut, which started from the consumer electronics market, has seeped into broader markets like enterprise and industrial as rising interest rates saps spending across the board. The company’s revenue in both the personal electronics segment and the division […]

By Yuvraj Malik and Jane Lanhee Lee (Reuters) -Microsoft Corp beat Wall Street’s estimates for third-quarter revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses. Shares gained 4.6% in after-market trading following a report by Redmond, Washington-based Microsoft that profits were $2.45 per share, beating Wall Street estimates of $2.23, according to data from Refinitiv and up 10% from the same quarter […]

(Reuters) -FTX has reached an agreement to sell its crypto derivatives platform LedgerX LLC to an affiliate of Miami International Holdings Inc for $50 million, the bankrupt crypto exchange said on Tuesday. FTX will seek U.S. bankruptcy court approval for the sale at a May 4 hearing. “We are pleased to reach this agreement with MIH, which is an example of our continuing efforts to monetize assets to deliver recoveries […]