Town Hall News

By Kate Abnett BRUSSELS (Reuters) – The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. Climate models suggest that after three years of the La Nina weather pattern in the Pacific Ocean, which generally lowers global temperatures slightly, the world will experience a return to El Nino, the warmer […]

By Leika Kihara TOKYO (Reuters) -The Bank of Japan is warming to the idea of tweaking its controversial bond yield control policy later this year, but will likely keep settings unchanged at next week’s meeting as it awaits more evidence of sustained wage growth, sources say. Kazuo Ueda chairs his first policy meeting since becoming BOJ governor on April 27-28 and his appointment has heightened expectations the bank will begin […]

By Leika Kihara TOKYO (Reuters) -The Bank of Japan is warming to the idea of tweaking its controversial bond yield control policy later this year, but will likely keep settings unchanged at next week’s meeting as it awaits more evidence of sustained wage growth, sources say. Kazuo Ueda chairs his first policy meeting since becoming BOJ governor on April 27-28 and his appointment has heightened expectations the bank will begin […]

(Reuters) – Michael Schumacher’s family are planning legal action against a German weekly magazine over an ‘interview’ with the seven times Formula One champion that was generated by artificial intelligence. A spokesperson for the Schumacher family, asked by Reuters for a comment on Wednesday, pointed to published reports of legal action. The Ferrari great has not been seen in public since he suffered a serious brain injury in a skiing […]

(Reuters) – Michael Schumacher’s family are planning legal action against a German weekly magazine over an ‘interview’ with the seven times Formula One champion that was generated by artificial intelligence. A spokesperson for the Schumacher family, asked by Reuters for a comment on Wednesday, pointed to published reports of legal action. The Ferrari great has not been seen in public since he suffered a serious brain injury in a skiing […]

By James Davey LONDON (Reuters) -European discount retailer Pepco Group reported a 22.8% surge in first-half revenue, as its low prices chimed with cash-strapped consumers and it opened a net 166 new stores. The Warsaw-listed group said on Thursday revenue was 2.84 billion euros ($3.11 billion) for the six months to March 31. Like-for-like sales were up 11.1% in the first half and up 8.5% in the second quarter. The […]

By James Davey LONDON (Reuters) -European discount retailer Pepco Group reported a 22.8% surge in first-half revenue, as its low prices chimed with cash-strapped consumers and it opened a net 166 new stores. The Warsaw-listed group said on Thursday revenue was 2.84 billion euros ($3.11 billion) for the six months to March 31. Like-for-like sales were up 11.1% in the first half and up 8.5% in the second quarter. The […]

By James Davey LONDON (Reuters) -European discount retailer Pepco Group reported a 22.8% surge in first-half revenue, as its low prices chimed with cash-strapped consumers and it opened a net 166 new stores. The Warsaw-listed group said on Thursday revenue was 2.84 billion euros ($3.11 billion) for the six months to March 31. Like-for-like sales were up 11.1% in the first half and up 8.5% in the second quarter. The […]

By James Davey LONDON (Reuters) -European discount retailer Pepco Group reported a 22.8% surge in first-half revenue, as its low prices chimed with cash-strapped consumers and it opened a net 166 new stores. The Warsaw-listed group said on Thursday revenue was 2.84 billion euros ($3.11 billion) for the six months to March 31. Like-for-like sales were up 11.1% in the first half and up 8.5% in the second quarter. The […]