Town Hall News

By David Randall NEW YORK (Reuters) -Investors are preparing for a long U.S. stock market slog, braced for more banking sector tumult and worries over how the Federal Reserve’s tightening will impact the economy. Financial stocks in the United States experienced sharp moves throughout the week after the collapse of two U.S. lenders and last weekend’s Swiss-government-orchestrated takeover of troubled Credit Suisse by rival UBS. “Volatility will continue because we […]

ACCRA (Reuters) – U.S. Vice President Kamala Harris said on Sunday that the United States will increase investment in Africa and help spur economic growth as she began a week long tour of the continent aimed at offering a counter to the influence of rival China. China has invested heavily in Africa in recent decades, including in infrastructure and resource development, while Russian influence has also grown, including through the […]

(Reuters) – The Civil Aviation Authority of Nepal (CAAN) has suspended two employees of the air traffic controller department for “carelessness”, the aviation body’s spokesperson Jagannath Niroula told India’s Press Trust of India (PTI) on Sunday. Nepal’s CAAN on Sunday wrote to the Director General of Civil Aviation of India (DGCAI) to probe why the Air India plane suddenly descended to about 15,000 feet from 19,000 feet. “We have written […]

By Kanishka Singh and Leah Douglas WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China’s government had access to the short video app’s user data. In the United States, there are growing calls to ban TikTok, owned by China-based company ByteDance, or to pass bipartisan legislation to give President Joe Biden’s […]

PORTIMAO, Portugal (Reuters) -World champion Francesco Bagnaia of Ducati won the season-opening Portuguese Grand Prix on Sunday as pole sitter Marc Marquez crashed out early in the race. Bagnaia won MotoGP’s first ever sprint on Saturday and victory in Sunday’s race, which he dominated after taking the lead, earned him another 25 points and a big lead at the top of the standings. The Italian even celebrated his victory with […]

MOSCOW (Reuters) -A drone caused an explosion in the centre of a Russian town on Sunday, hurting two people and damaging three residential buildings, TASS news agency reported, citing a law enforcement source and an emergency service official. “The cause of the explosion in the Tula region was a tactical reconnaissance unmanned aerial vehicle (UAV),” TASS quoted a law enforcement agency source as saying.  The blast occurred in the centre […]

KHARTOUM (Reuters) -Sudan’s military and civilian political leaders began talks on Sunday on a proposal to bring the powerful paramilitary Rapid Support Forces (RSF) under the army’s control as they try to finalise an agreement for a new transition leading to elections. Integrating the RSF and placing the military under civilian authority are central demands of civilian groups that helped overthrow long-time autocratic ruler Omar al-Bashir four years ago and […]

KHARTOUM (Reuters) -Sudan’s military and civilian political leaders began talks on Sunday on a proposal to bring the powerful paramilitary Rapid Support Forces (RSF) under the army’s control as they try to finalise an agreement for a new transition leading to elections. Integrating the RSF and placing the military under civilian authority are central demands of civilian groups that helped overthrow long-time autocratic ruler Omar al-Bashir four years ago and […]

(Reuters) – Manchester City midfielder Phil Foden has left the England squad ahead of their Euro 2024 qualifier against Ukraine after undergoing surgery for acute appendicitis, the Premier League club said on Sunday. The 22-year-old played 12 minutes of England’s 2-1 win in Italy earlier this week before undergoing surgery on their return to London. “He will not be fit for this weekend’s Premier League game at home to Liverpool […]