Town Hall News

(Reuters) -Taiwan will buy as many as 400 U.S. land-launched Harpoon missiles in the face of rising threat from China, Bloomberg News reported on Monday, citing a trade group’s leader and people familiar with the issue. The Pentagon announced a $1.17 billion contract for 400 of the anti-ship missiles on April 7 without naming the buyer, saying production was expected to be completed by March 2029. Bloomberg said Taiwan was […]

By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic measures to survive a tight funding environment where fears have been exacerbated by the bankruptcy of Virgin Orbit. The industry faces an interesting dichotomy. Demand has surged from launching a few satellites on small rockets to launching swarms of satellites at once using bigger rockets, even as investors shy […]

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -Sudan’s battling factions both claimed to have made gains on Monday as violence cut power and water in the capital, and the U.N. envoy to Sudan said the two sides showed no signs of being willing to negotiate. Fighting between the army and the paramilitary Rapid Support Forces (RSF) has killed at least 185 people and injured more than 1,800, said U.N. […]

SHANGHAI (Reuters) – Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle (EV) models by 2026 and it remained committed to China, where established foreign brands are losing ground to nimble local rivals. “As VW, we remain firmly committed to China … Our guiding principle is development in China, for China at full speed,” Thomas Schafer, chief executive of VW Passenger Cars, said on Tuesday, […]

By Scott Murdoch SYDNEY (Reuters) – Asia’s shares pared losses on Tuesday as China’s economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, a smaller decline than the 0.4% fall earlier in the session. China’s economy grew 4.5% year on year for the first quarter which eclipsed the expectations of most […]

By Kevin Yao and Joe Cash BEIJING (Reuters) – China’s economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to a bumpy ride ahead. Gross domestic product grew 4.5% year-on-year in the first three months of the year, data from the National Bureau of Statistics showed […]

By Kevin Yao and Joe Cash BEIJING (Reuters) – China’s economic recovery gathered pace in the first quarter, as the end of strict COVID curbs lifted the world’s second-largest economy out of a crippling pandemic slump, although some headwinds persist. Gross domestic product grew 4.5% year-on-year in the first three months of the year, data from the National Bureau of Statistics showed on Tuesday, faster than the 2.9% in the […]

BEIJING (Reuters) – China’s economy grew at a faster than expected clip in the first quarter, official data showed on Tuesday, expanding 4.5% year-on-year, as policymakers move to bolster growth following the end of strict COVID-19 curbs in December. Analysts polled by Reuters had expected gross domestic product (GDP) to expand 4.0% from a year earlier, quickening from 2.9% in the fourth quarter. On a quarter-by-quarter basis, GDP grew 2.2% […]

(Reuters) – Manchester United defender Lisandro Martinez said he has successfully undergone surgery after being ruled out for the remainder of the season due to a fractured metatarsal bone. Martinez, who made 45 appearances for United this season in all competitions, was carried off the pitch during their 2-2 draw with Sevilla in the Europa League. In a post on Instagram, Martinez said the operation “went really well” and that […]