Town Hall News

(Reuters) – Russia launched an overnight air attack on one of Ukraine’s major grain exporting ports, Ukrainian officials said, hours before Russian President Vladimir Putin and his Turkish counterpart, Tayyip Erdogan, were due to hold talks. Ukraine’s air force urged residents of Izmail port, one of Ukraine’s two major grain-exporting ports on the Danube River in the Odesa region, to seek shelter after midnight on Monday. Some Ukraine media reported […]

By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will keep its key interest rate unchanged at 4.10% on Tuesday as inflation shows signs of easing, according to a Reuters poll of economists who do however largely expect a final hike next quarter. While consumer inflation slowed to a 17-month low of 4.9% in July, from 5.4% in June, it was well above the central bank’s target range of […]

(Reuters) -Australian lithium developer Liontown Resources said on Monday its board had recommended an improved takeover proposal from the world’s biggest lithium producer Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion). The new cash offer price of A$3 per share represents a premium of 14.5% to Liontown’s last closing price of A$2.62 on Sept. 1 and is 20% higher than Albemarle’s A$2.50 per share offer made in late […]

By Renju Jose SYDNEY (Reuters) – More than half of Australians would reject the inclusion of an Indigenous advisory panel in the constitution, a newspaper poll showed on Monday, as the government struggles to lift support for the landmark proposal ahead of a vote in about six weeks. The latest newspoll conducted for The Australian newspaper showed support for a “Voice to Parliament”, an Indigenous committee to advise Parliament on […]

MEXICO CITY (Reuters) -Thousands of supporters celebrated the nomination of Mexican Senator Xochitl Galvez on Sunday as the 2024 presidential candidate of an opposition alliance set to take on the country’s ruling party. Galvez, a spirited communicator who has energized the opposition, is seen as the main candidate to take on President Andres Manuel Lopez Obrador’s National Regeneration Movement (MORENA), which is due to announce its own candidate on Sept. […]

By Anna Tong and Rich McKay BLACK ROCK CITY, Nevada (Reuters) -Thousands of Burning Man attendees partied hard on Sunday despite downpours that turned the Nevada desert where the annual arts and music festival takes place into a sea of sticky mud and led officials to order the multitudes to shelter in place. One person had died at the event in the Black Rock Desert, authorities said on Sunday, providing […]

(Reuters) -Australia’s Liontown Resources said on Monday it recommended a revised takeover offer from Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion). The new offer price is A$3 per share, higher than A$2.50 the company received in March. Liontown’s board determined that it will grant Albermarle, the world’s biggest lithium producer, a limited period of exclusive due diligence, the company said. Liontown had previously knocked back an approach […]

By Amy Tennery NEW YORK (Reuters) – Caroline Wozniacki said she was exactly where she wanted to be on her comeback, after losing in three sets to American sixth seed Coco Gauff to exit the U.S. Open on Sunday. The former Australian Open champion entered the year’s final major for the first time since 2019 as a wildcard, after coming out of retirement following the birth of her two children. […]

(Reuters) – Australian mining giant BHP on Monday said a Brazilian court had approved the reorganisation plan for its Samarco Mineracao joint venture, clearing the path for the cash-strapped Brazilian miner to move ahead with a $3.7 billion debt-restructuring with its creditors. On Sept. 1, the Second Business Court of Belo Horizonte, State of Minas Gerais, formalised the restructuring plan of Samarco as part of the ongoing proceedings, BHP said. […]