Town Hall News

BEIJING (Reuters) – Chinese commerce minister Wang Wentao met Apple CEO Tim Cook on Monday and exchanged views on the company’s development in China, the commerce ministry said. The two talked about stabilising industrial and supply chains, the ministry said, adding that Wang told Cook China is willing to provide a good environment and services for foreign companies including Apple. Cook was in Beijing over the weekend to attend the […]

By Aleksandra Michalska and Joseph Ax SILVER CITY, Mississippi (Reuters) -Rescuers combed through rubble on Saturday after a powerful storm tore across Mississippi late on Friday, killing at least 25 people there and one person in Alabama as it leveled hundreds of buildings and spawned at least one devastating tornado. The tornado stayed on the ground for about an hour and cut a path of destruction some 170 miles (274 […]

NEW YORK (Reuters) – Actor Jonathan Majors was arrested in New York City over the weekend on assault and harassment charges, leading to the U.S. Army pulling new advertisements featuring the “Creed III” star. Majors, who recently presented an award at the Oscars alongside his “Creed III” co-star Michael B. Jordan, was arrested on Saturday morning in Manhattan following a domestic dispute, according to police and his defense lawyer. A […]

By Ankur Banerjee and Samuel Indyk SINGAPORE/LONDON (Reuters) – The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system. The dollar index, which measures the currency against six rivals, rose 0.06% at 103.05, having gained 0.5% on Friday amid banking jitters, with shares of Deutsche Bank sliding nearly […]

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 […]

(Reuters) – Salesforce Inc said on Monday activist investor Elliott Management Corp has decided to not proceed with director nominations to the board of the cloud-based software provider, due to its strong earnings and 2024 transformation initiatives. “Salesforce and Elliott have committed to continue the productive working relationship they have developed together,” a joint statement from the companies said. Earlier this month, Reuters reported Elliott nominated a slate of directors […]

NEW DELHI (Reuters) – The International Boxing Association (IBA) on Monday upped the ante in its battle for control of Olympic boxing by accusing the International Olympic Committee (IOC) of misuse of information about its officials. In an open letter to IOC chief Thomas Bach and executive board members before their meeting in Lausanne on Tuesday, the IBA said it had “deep concerns” regarding basic IOC governance, impartiality and transparency […]

(Reuters) – A group of shareholders of Nanoco Group have asked two top bosses to step down after alleging that the British quantum technology company gave misleading information about losses related to settlement prospects in a litigation with Samsung Electronics Co. Shareholders led by Tariq Hamoodi, who holds an 4.23% interest in Nanoco, asked for CEO Brian Tenner and Chief Finance Offer Liam Gray to step down from their roles […]

NAIROBI (Reuters) – Burkina Faso’s military government on Monday suspended France 24 broadcasts in the country after the TV station aired an interview with the head of al Qaeda’s North African wing AQIM. Relations between Paris and Ouagadougou have deteriorated sharply since Burkina Faso’s military seized power in a coup last October. In January, Burkina Faso gave France one month to withdraw its troops as it ended a military accord […]