Town Hall News

By Marc Frank and Nelson Acosta HAVANA (Reuters) – Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to salvage a debt agreement with the import dependent country which is expected to default on payments for a fourth consecutive year. “The discussions enabled us to come closer to finding a solution to delays in meeting (Cuba’s) obligations … negotiations will continue to establish […]

SHANGHAI/SAN FRANCISCO (Reuters) -Tesla shares fell nearly 6% on Friday after the electric automaker unveiled a restyled, China-made Model 3 with a higher price, while slashing prices of its premium vehicles and its “Full Self-Driving” (FSD) software. The launch of the new Model 3 sedan marks the first time the automaker has rolled out a vehicle in China ahead of the United States, underscoring its growing reliance on the country […]

SHANGHAI/SAN FRANCISCO (Reuters) -Tesla shares fell nearly 6% on Friday after the electric automaker unveiled a restyled, China-made Model 3 with a higher price, while slashing prices of its premium vehicles and its “Full Self-Driving” (FSD) software. The launch of the new Model 3 sedan marks the first time the automaker has rolled out a vehicle in China ahead of the United States, underscoring its growing reliance on the country […]

JOHANNESBURG (Reuters) -Eighteen suspected robbers were shot and killed during a shootout with South African police in the Limpopo province, the police said on Friday. Addressing the media from the crime scene in Makhado in South Africa’s northernmost province, national police commissioner Fannie Masemola said the suspects were allegedly planning a cash-in-transit (CIT) heist and were responsible for similar crimes in other provinces. “We do believe this syndicate has been […]

NEW YORK (Reuters) – Defending women’s champion Iga Swiatek and three-times winner Novak Djokovic headline a slate of enticing matches at the U.S. Open on Friday as third round action of the year’s final Grand Slam gets underway. Swiatek has been in top form in New York having dropped just eight games through her two matches and will be heavily favoured when she faces Slovenian qualifier and good friend Kaja […]

By Alexandros Avramidis EVROS, Greece,/ATHENS (Reuters) – Greece on Friday rescued a group of 25 migrants trapped in a wildfire which has been burning in the northeastern region of Evros for almost two weeks, authorities said. The wildfire in Evros, Europe’s deadliest this summer, burned for a 14th day after killing at least 20 people, destroying homes and livelihoods and scorching lush forests. All but one of the dead in […]

By Essi Lehto HELSINKI (Reuters) -Finland’s former Prime Minister Sanna Marin, who narrowly lost an election in April, stepped down on Friday as chair of the centre-left Social Democrats, hoping to take the focus off her personal life after an often turbulent four years at the helm. Marin, who had announced her intention to quit soon after the election loss, was the world’s youngest prime minister when she took the […]

By Carolina Mandl NEW YORK (Reuters) -Six private equity and hedge fund trade groups on Friday sued the U.S. Securities and Exchange Commission (SEC), arguing the agency overstepped its statutory authority when adopting sweeping new expenses and fees rules last week. SEC Chair Gary Gensler said the rules will increase transparency and competition in the private funds industry, which oversees around $20 trillion in assets and has been accused by […]

MONZA, Italy (Reuters) – Lewis Hamilton has questioned the strength of Max Verstappen’s Formula One team mates compared to those the Briton has partnered over the years. The seven times world champion also told Sky Italy that he was “no more impressed” with the Red Bull driver’s achievements than he had been when other champions were winning and dominating. “When I qualified half a second, six tenths ahead of Valtteri […]