Town Hall News

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s export growth slowed in March, according to Ministry of Finance data, dragged down by a drop in China-bound shipments of cars and steel in a slide that underscores concern about slowing global demand amid Western banking-sector jitters. Import growth outpaced exports in March, due to the hefty cost of coal, crude and oil products, helping bring the annual trade deficit in the world’s […]

By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy. The company posted its lowest quarterly gross margin in two years, missing market estimates, and did not disclose another key margin metric to investors […]

By Jane Lanhee Lee OAKLAND, California, (Reuters) -Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp, accusing it of unlawfully sharing confidential intellectual property and trade secrets. New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new state-backed Japanese consortium that IBM is working with to develop and produce cutting-edge two-nanometre chips. It […]

ADEN (Reuters) -At least 78 people were killed in a stampede in the Yemeni capital Sanaa as hundreds gathered in a school to receive $9 per person in aid, the official media of the Houthi movement and witnesses said early on Thursday. Al Masirah TV, the main television news outlet run by Yemen’s Iran-aligned Houthi movement, said that in addition to the dead several people were injured including 13 who […]

KUALA LUMPUR (Reuters) – Malaysian volunteers are tackling food waste during the Islamic fasting month of Ramadan by collecting unsold food from vendors and distributing it to low-income households. According to government data, about 112,000 tonnes of food went to waste in Muslim-majority Malaysia during Ramadan last year, a figure that non-profit organisation GEMA is trying to reduce. In the first three weeks of the fasting month, GEMA collected 20 […]

CAIRO (Reuters) – The Sudan army on Thursday said 177 Egyptian Air Force troops were airlifted back to Egypt after being held in the northern Sudanese town of Merowe by the paramilitary Rapid Support Forces (RSF). The Sudanese army said in a statement the Egyptians were evacuated from the northern town Dongola via four Egyptian military planes. The military said the Egyptians were in Sudan to participate in joint air […]

(Reuters) – The Russian private military Wagner Group on Wednesday denied it was operating in Sudan and said it had nothing to do with battles rocking the giant impoverished African state. Western diplomats in Khartoum said in March 2022 that Wagner was involved in illicit gold mining in Sudan, among other activities. Sudan denied this was the case. “Due to the large number of inquiries from various foreign media about […]

CAIRO (Reuters) – The Sudan army on Thursday said 177 Egyptian Air Force troops were airlifted back to Egypt after being held in the northern Sudanese town of Merowe by the paramilitary Rapid Support Forces (RSF). The Sudanese army said in a statement the Egyptians were evacuated from the northern town Dongola via four Egyptian military planes. The military said the Egyptians were in Sudan to participate in joint air […]

CAIRO (Reuters) – The Sudan army on Thursday said 177 Egyptian Air Force troops were airlifted back to Egypt after being held in the northern Sudanese town of Merowe by the paramilitary Rapid Support Forces (RSF). The Sudanese army said in a statement the Egyptians were evacuated from the northern town Dongola via four Egyptian military planes. The military said the Egyptians were in Sudan to participate in joint air […]