Town Hall News

Juan Soto smacked a 431-foot homer and starter Nick Martinez and three relievers combined to throw a four-hit shutout to lift the San Diego Padres to a 1-0 victory over the visiting Braves on Wednesday, snapping Atlanta’s eight-game winning streak. Soto, who entered the game hitting only .175, led off the fourth by lining a 1-1 sinker from Braves starter Charlie Morton (2-2) into the seats in right center to […]

A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down in Asian hours with stocks drifting while the dollar clings to gains from overnight. The prevailing anxious mood is likely to continue as we head into the crucial next few weeks of central bank meetings. A Reuters poll of economists showed the Fed is expected to deliver a final 25-basis-point rate increase […]

By Wayne Cole SYDNEY (Reuters) -Australia’s central bank is expected to get a new specialist board to manage monetary policy that will give independent expert members more responsibility for setting interest rates, a dilution of the bank’s traditional power over policy. A 272-page review of the Reserve Bank of Australia (RBA) released on Thursday outlined a range of reforms from a more focused policy mandate, to fewer policy meetings and […]

By Miho Uranaka TOKYO (Reuters) – Japan’s Rakuten Bank Ltd amended the filing of its $625 million initial public offering (IPO) after investors pushed for details on the risks from its exposure to money-losing parent Rakuten Group Inc, two people said. The investor questions, not previously reported, highlight how concerns about the e-commerce giant’s losses and mounting debt cast a shadow on Japan’s biggest IPO in more than four years […]

ADEN (Reuters) -At least 78 people were killed in a stampede in the Yemeni capital Sanaa as hundreds gathered in a school to receive aid, witnesses and Houthi media said on Thursday. Several people were injured including 13 who were in critical conditions, Al Masirah TV television news outlet run by the Iran-aligned Houthi movement reported, citing the director of health in Sanaa. The stampede took place during the distribution […]

By Andrew Hayley BEIJING (Reuters) -Oil prices fell in Asian morning trade on Thursday as the U.S. dollar strengthened on rate-hike expectations and after recent economic data from the U.S. and China did not do enough to encourage expectations that demand will improve. Brent crude futures lost 80 cents or 0.96% to trade at $82.32 a barrel. West Texas Intermediate crude (WTI) futures dropped 69 cents or 0.87% to $78.47 […]

SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top of consumer trends in the country that will define whether they maintain their market dominance in the electric age both at home and abroad. Their heavy presence – with the entire board of Volkswagen AG and more than 100 VW employees attending, in contrast to Japanese or French automakers […]

(Reuters) -Richard Branson’s Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware, the company said in a statement on Wednesday. Earlier this month, Virgin Orbit filed for Chapter 11 bankruptcy protection after the satellite launch company struggled to secure long-term funding following a failed launch in January. On Wednesday, the company proposed […]

(Reuters) – Virgin Orbit Holdings and its subsidiaries in the United States filed its Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware, the company said in a statement on Wednesday. Earlier this month, Virgin Orbit Holdings Inc filed for Chapter 11 bankruptcy protection after the satellite launching business struggled to secure long-term funding following a failed launch in January. (Reporting by Jahnavi Nidumolu in […]