Town Hall News

(Corrects to clarify that Cohen and Griggs are “each presidents,” not “co-presidents,” in headline and first paragraph; changes sixth paragraph to say Brendan Brothers is now interim head of anti-financial crime unit) (Reuters) -Nasdaq Inc on Friday said its board appointed Tal Cohen and Nelson Griggs each as presidents, formalizing the corporate structure the transatlantic exchange operator recently put in place to boost its efforts in major growth areas, like […]

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -Gunfire ripped through residential neighbourhoods of Sudan’s capital Khartoum at the start of the Muslim holiday of Eid al Fitr on Friday, after the army deployed on foot for the first time in its almost week-long fight with a paramilitary force. Soldiers and gunmen from the paramilitary Rapid Support Forces (RSF) shot at each other in neighbourhoods across the city, including during […]

NEW YORK (AP) — Mets pitcher Max Scherzer was suspended for 10 games by Major League Baseball on Thursday following his ejection for having a foreign substance on his hand during a game. Scherzer initially appealed the suspension but dropped his appeal hours later. In exchange, his fine was reduced from $10,000 to $5,000, according to a person familiar with negotiations between MLB and the players’ union. The person spoke […]

By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. and Euro zone business activity gathered pace in April, according to surveys released on Friday, despite central bankers signaling they are nearing the peak of their interest rate hiking cycles designed to cool demand enough among consumers to bring high inflation down. S&P Global said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased […]

By Lori Ewing WREXHAM, Wales (Reuters) – Actors Ryan Reynolds and Rob McElhenney may have brought Hollywood star power to long-struggling Welsh soccer club Wrexham AFC, but the players are writing their own script worthy of a blockbuster movie. Wrexham are on the verge of winning promotion to the English Football League having amassed a record 107 points to sit top of the National League table with two games to […]

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a third straight session on Friday, as investors digested the latest round of corporate earnings, while longer-dated U.S. yields fell on growing concerns about a Federal Reserve poised to hike interest rates in a slowing economy. On Wall Street, the S&P 500 held near the unchanged mark, with the consumer staples sector, up 0.62%, as Procter […]

By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) -U.S. and Euro zone business activity gathered pace in April, according to surveys released on Friday, despite central bankers signaling they are nearing the peak of their interest rate hiking cycles designed to cool demand enough among consumers to bring high inflation down. S&P Global said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to […]

(Reuters) – Nasdaq Inc on Friday said its board appointed Tal Cohen and Nelson Griggs as co-presidents, formalizing the corporate structure the transatlantic exchange operator recently put in place to boost its efforts in major growth areas, like anti-financial crime software. With the appointments, Nasdaq Chief Executive Officer Adena Friedman, who was also appointed chair of the New York-based company’s board on Dec. 19, gave up the role as president, […]

By Arunima Kumar and Liz Hampton (Reuters) -Top oilfield firm provider SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies increased demand for its services and equipment. Global oil prices averaged $81.24 a barrel in the January-March quarter, down nearly 20% from a year earlier but still well above a level where oil and gas producers can drill profitably. Brent futures were […]