Town Hall News

By Pavel Polityuk KYIV (Reuters) -Ukraine acknowledged some Russian gains inside the eastern battlefield city of Bakhmut, while insisting on Thursday that it was inflicting greater losses on the Russian attackers than its own forces were taking in defence. In a potential escalation of Russia’s diplomatic feud with the United States, Moscow’s FSB security service said it had arrested an American reporter for The Wall Street Journal, Evan Gershkovich, on […]

By Pavel Polityuk KYIV (Reuters) -Ukraine acknowledged some Russian gains inside the eastern battlefield city of Bakhmut, while insisting on Thursday that it was inflicting greater losses on the Russian attackers than its own forces were taking in defence. In a potential escalation of Russia’s diplomatic feud with the United States, Moscow’s FSB security service said it had arrested an American reporter for The Wall Street Journal, Evan Gershkovich, on […]

TEGUCIGALPA (Reuters) – Honduran President Xiomara Castro will travel to China “soon,” the Honduran foreign ministry said on Twitter on Wednesday, without providing a date for the trip. The announcement came days after China established diplomatic ties with Honduras as the Central American country ended its decades-long relationship with Taiwan. Honduras’ foreign minister traveled to China last week, days after Castro tweeted that her government would seek to open relations […]

TEGUCIGALPA (Reuters) – Honduran President Xiomara Castro will travel to China “soon,” the Honduran foreign ministry said on Twitter on Wednesday, without providing a date for the trip. The announcement came days after China established diplomatic ties with Honduras as the Central American country ended its decades-long relationship with Taiwan. Honduras’ foreign minister traveled to China last week, days after Castro tweeted that her government would seek to open relations […]

SOROWAKO, Indonesia (Reuters) – U.S. carmaker Ford Motor Co signed a final investment agreement with PT Vale Indonesia, and China’s Zhejiang Huayou Cobalt on Thursday to build nickel processing plant, valued at around $4.5 billion. The high-pressure acid leaching (HPAL), located in Pomalaa, Southeast Sulawesi where Vale operates a nickel mine, is expected to produce 120,000 tonnes per annum of mixed hydroxide precipitate, material extracted from nickel ore that would […]

AMSTERDAM (Reuters) – Dutch health technology company Philips expects to reach settlements this year relating to its global recall of respiratory devices, CEO Roy Jakobs said in an interview with Dutch financial daily FD published on Thursday. “I think we can at least reach a settlement on economic damages this year,” Jakobs said without giving details on the expected costs. Jakobs added he “hopes and expects” to also reach a […]

MOSCOW (Reuters) – Russia’s FSB security service said on Thursday that Wall Street Journal reporter Evan Gershkovich had been detained in the Urals city of Yekaterinburg on suspicion of espionage, the Interfax news agency reported. (Reporting by Reuters; Editing by Andrew Osborn) Brought to you by www.srnnews.com

By Tommy Wilkes LONDON (Reuters) – BlackRock’s liability-driven investment business is urging some smaller UK pension fund clients to stop splitting assets across multiple managers, as it tries to cut the complexity and risks of a strategy that imploded last year. Asset managers worry new rules to make LDI investing more robust could render the strategy unviable for some schemes, but consultants warn BlackRock’s push could repel pension clients who […]

SOROWAKO, Indonesia (Reuters) – U.S. carmaker Ford Motor Co signed a final investment agreement with PT Vale Indonesia, and China’s Zhejiang Huayou Cobalt on Thursday to build nickel processing plant, valued at around $4.5 billion. The high-pressure acid leaching (HPAL), located in Pomalaa, Southeast Sulawesi where Vale operates a nickel mine, is expected to produce 120,000 tonnes per annum of mixed hydroxide precipitate, material extracted from nickel ore that would […]