Town Hall News

(Reuters) – Housing markets in tech hubs are cooling more rapidly than other parts of the United States amid a wave of layoffs in the technology sector and elevated mortgage rates, according to real estate broker Redfin Corp’s report on Monday. Decades-high inflation leading to interest rate hikes, weak consumer demand and the possibility of an economic slowdown have forced big tech firms such as Amazon.com Inc and Meta Platforms […]

(Reuters) -High-speed train traffic between France and Belgium was interrupted on Monday, affecting Eurostar, TGV and Thalys, after a train touched an overhead wire used to provide current, Belgian rail management company Infrabel told Reuters. High-speed trains travelling through Belgium were being redirected to non-high-speed train tracks for approximately four hours until Infrabel managed to make one of its two high-speed train tracks accessible again, allowing trains to use the […]

(Reuters) -High-speed train traffic between France and Belgium was interrupted on Monday, affecting Eurostar, TGV and Thalys, after a train touched an overhead wire used to provide current, Belgian rail management company Infrabel told Reuters. High-speed trains travelling through Belgium were being redirected to non-high-speed train tracks for approximately four hours until Infrabel managed to make one of its two high-speed train tracks accessible again, allowing trains to use the […]

ROLLING FORK, Miss. (AP) — A massive tornado obliterated the modest one-story home that Kimberly Berry shared with her two daughters in the Mississippi Delta flatlands, leaving only a foundation and some random belongings — a toppled refrigerator, a dresser and matching nightstand, a bag of Christmas decorations, some clothing. During the storm Friday, Berry and her 12-year-old daughter huddled and prayed at a nearby church that was barely damaged, […]

By Yonathan Van der Voort PARIS (Reuters) – Teenager Charles Chauliac is angry that French President Emmanuel Macron plans to delay the retirement of hard-working folk like his parents, and that he bypassed parliament to do so. Most evenings for the past few weeks, the 18-year-old has taken to the streets of Paris to try and force a U-turn. Marching through Paris, dodging police, he joins other young people in […]

By Klaus Lauer and Ilona Wissenbach BERLIN/FRANKFURT (Reuters) -Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe’s biggest economy reels from inflation. The 24-hour strikes called by the Verdi trade union and railway and transport union EVG were the latest in months of industrial […]

BENGALURU (Reuters) -SoftBank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it plans to sell via an initial public offering (IPO) by about two-thirds as tech valuations plunge, Bloomberg News reported on Monday, citing people familiar with the matter. Oyo is preparing to file a fresh IPO document as soon as this week, according to the report. The company had initially filed to go public […]

By Joice Alves (Reuters) -Shares of several mid-tier U.S. lenders rose sharply in premarket trading on Monday after a buyer emerged for large chunks of embattled Silicon Valley Bank’s deposits and loans, which helped inject some calm into fragile markets. SVB was the largest bank since the 2008 financial crisis to collapse when California regulators closed it on March 10, sparking a major turmoil in the global banking sector. Market […]

By Humphrey Malalo and Ayenat Mersie NAIROBI (Reuters) -Kenyan police on Monday fired teargas and a water cannon at stone-throwing supporters of opposition leader Raila Odinga during the second consecutive week of protests against the government and high food prices. The clashes broke out as Odinga’s convoy passed through a neighbourhood in the capital and some supporters threw stones at the police, a Reuters witness said. Hundreds of supporters had […]