Town Hall News

(Corrects day to Monday from Tuesday in paragraph one) (Reuters) -Dogecoin’s Shiba Inu dog replaced Twitter’s blue bird as the social media company’s logo on Monday, helping the meme coin add as much as $4 billion to its market value. The token, born as a satire of a cryptocurrency frenzy in 2013 and has no fundamental use, on Tuesday surged to 10 cents around 1500 EST from 7 cents as […]

(Reuters) – Dogecoin’s Shiba Inu dog replaced Twitter’s blue bird as the social media company’s logo on Monday, helping the meme coin add as much as $4 billion to its market value. The token, born as a satire of a cryptocurrency frenzy in 2013 and has no fundamental use, on Tuesday surged to 10 cents around 1500 EST from 7 cents as Elon Musk indicated in a tweet on Monday […]

DUBAI (Reuters) – United Arab Emirates’ president Sheikh Mohammed bin Zayed Al Nahyan confirmed the Gulf state’s commitment to relations with Israel in a call with prime minister Benjamin Netanyahu that discussed strengthening ties, UAE state media said on Tuesday. A separate statement from Netanyahu’s office said the two leaders agreed to “continue the dialogue between them in a personal meeting in the near future.” UAE state news agency WAM […]

BENGALURU (Reuters) – J.P.Morgan on Tuesday placed Indian IT services provider HCL Technologies Ltd on “negative catalyst watch” ahead of the earnings season, citing the highest near-term risks for the company. “We remain cautious on the IT sector as we see downside risks to earnings and multiples from the weak fourth quarter prints and FY24 guidance,” the brokerage said in a note. J.P.Morgan said it expects HCL to negatively surprise […]

DUBAI (Reuters) – United Arab Emirates’ president Sheikh Mohammed bin Zayed Al Nahyan confirmed the Gulf state’s commitment to relations with Israel in a call with prime minister Benjamin Netanyahu that discussed strengthening ties, UAE state media said on Tuesday. A separate statement from Netanyahu’s office said the two leaders agreed to “continue the dialogue between them in a personal meeting in the near future.” UAE state news agency WAM […]

By Orhan Coskun and Daren Butler ANKARA (Reuters) – A second-time presidential candidate who lost out to Tayyip Erdogan in a 2018 vote could push Turkey’s May election to a second round, potentially boosting the president’s prospects of winning, according to analysts and polls. Muharrem Ince, formerly of the main opposition Republican People’s Party (CHP), joined the fray last month and secured a spot on the ballot at the weekend, […]

By Rory Carroll LAS VEGAS (Reuters) – The Las Vegas Grand Prix is still more than seven months away but at the corner of Harmon Ave. and Koval Lane, the race is already on to build the massive, state-of-the-art Formula One paddock. On a recent tour of the bustling construction site, project manager Terry Miller said the goal was to complete work in September, leaving little margin for error with […]

By Joseph White and Nathan Gomes (Reuters) -About 5,000 General Motors Co salaried workers took buyouts to leave the company, putting the company well on the way to hitting a $2 billion cost-cutting target, the automaker’s chief financial officer said Tuesday. GM shares were trading down nearly 2% at midday, even though CFO Paul Jacobson said demand for GM’s trucks and SUVs remains strong in the United States. GM has […]

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to their lowest level in nearly two years in February, suggesting that labor market conditions were finally easing, welcome news for the Federal Reserve as it considers whether to pause its interest rate hiking cycle. Despite the larger-than-expected decline in job vacancies reported by the Labor Department on Tuesday, the labor market remains tight, with 1.7 job openings for every […]