Town Hall News

SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in first-quarter operating profit on Friday, worse than analysts had forecast, as a chip glut worsened and buyers slowed purchases amid a global economic slowdown. The world’s largest memory chip and TV maker estimated its operating profit fell to 600 billion won ($455.50 million) in January-March, from 14.12 trillion won a year earlier, in a short preliminary earnings statement. […]

By Lori Ewing LONDON (Reuters) – England beat Brazil in a penalty shootout in a thrilling inaugural Women’s Finalissima on Thursday, the second straight international trophy hoisted by the Lionesses at a jam-packed Wembley Stadium. Tied 1-1 at fulltime, Sarina Wiegman’s Lionesses beat Brazil 4-2 in the shootout to improve their unbeaten streak to 30 games. “I feel privileged,” Wiegman said. “It’s such an incredible group, and the team is […]

SEOUL (Reuters) – Samsung Electronics Co Ltd reported a likely 96% plunge in first-quarter operating profit on Friday, worse than analysts had forecast, as a chip glut worsened and buyers slowed purchases amid a global economic slowdown. The world’s largest memory chip and TV maker estimated its operating profit fell to 600 billion won ($455.50 million) in January-March, from 14.12 trillion won a year earlier in a short preliminary earnings […]

By Nandita Bose and Jonathan Landay WASHINGTON (Reuters) – President Joe Biden’s administration on Thursday released a summary of classified reports that mostly blamed the chaotic August 2021 U.S. pullout from Afghanistan on his predecessor, Donald Trump, for failing to plan for the withdrawal he had agreed on with the Taliban. The Democratic administration’s summary, drawn from top-secret State Department and Pentagon reviews sent to Congress, ignited angry reactions from […]

By Kanishka Singh (Reuters) – Canada on Thursday said it will deploy a military aircraft to Japan to support implementation of United Nations Security Council sanctions against North Korea. Deployment of the Royal Canadian Air Force CP-140 Aurora Aircraft was announced by Canadian Defense Minister Anita Anand. For about six weeks, the CP-140 Aurora will monitor for suspected maritime sanctions evasion activities, in particular ship-to-ship transfers of fuel and other […]

By Mariko Katsumura and Satoshi Sugiyama TOKYO (Reuters) – Truck driver Yuichi Tomita has been delivering packages all over Japan for two decades, often clocking 40 straight hours on the road. He says the work is tough but a source of pride, and one he’s never thought of quitting – until now. On April 1, 2024, the government will limit truck drivers’ annual overtime to 960 hours, among other reforms […]

By Richard Cowan WASHINGTON (Reuters) – The prosecution of former President Donald Trump has evenly divided Americans but appears to have boosted his chances of winning the Republican nomination for the 2024 election, according to a Reuters/Ipsos poll released on Thursday. The poll was conducted on Wednesday and Thursday, following Tuesday’s indictment of Trump on 34 felony counts of falsifying business records by prosecutors in New York City. The survey […]

By Noel Randewich and Ankika Biswas (Reuters) – Major U.S. stock indexes ended higher on Thursday, helped by a rally in Alphabet shares as investors, worried about a slowing economy, looked to upcoming jobs data. Alphabet Inc rallied 3.8% and Microsoft climbed 2.6%, with both providing more fuel than any other stocks for the S&P 500’s gain for the session. Alphabet’s Google unit plans to add artificial intelligence features to […]

By Nandita Bose and Jonathan Landay WASHINGTON (Reuters) – President Joe Biden’s administration on Thursday released a summary of classified reports that mostly blamed the chaotic August 2021 U.S. pullout from Afghanistan on his predecessor, Donald Trump, for failing to plan for the withdrawal he had agreed on with the Taliban. The Democratic administration’s summary, drawn from top-secret State Department and Pentagon reviews sent to Congress, ignited angry reactions from […]