Town Hall News

By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp’s board has accepted a $15.2 billion buyout offer from a group led by private equity firm Japan Industrial Partners, the company said on Thursday, potentially drawing a line under years of upheaval at the conglomerate. A successful deal, which would value Toshiba at 4,620 yen per share or 2 trillion yen in total, would see the scandal-ridden company taken private and firmly in […]

TUNIS (Reuters) – Four African migrant boats sank off Tunisia on Wednesday and Thursday as they tried to cross the Mediterranean to Italy, leaving at least five dead and 33 missing, while the Coast Guard rescued 84 others, a judicial official told Reuters. Judge Faouzi Masmoudi said the boats sank off the coast of Sfax, adding that the frequency of such attempted crossings has increased significantly recently. (Reporting by Tarek […]

(Reuters) – Wrexham’s Hollywood owners have secured the A-list signing of former Manchester United and England goalkeeper Ben Foster until the end of the season, the fifth-tier club said on Thursday. Premier League club Tottenham Hotspur are reported to have tried unsuccessfully to lure the 39-year-old Foster out of retirement following an injury to first-choice Hugo Lloris. But Wrexham have pulled off a significant signing as they aim to secure […]

(Corrects figure in second paragraph to 191,000 from 192,000) WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits edged down last week, showing no signs yet that the recent financial market turbulence following the failure of two regional banks was having an impact on the economy. Initial claims for state unemployment benefits fell 1,000 to a seasonally adjusted 191,000 for the week ended March 18, the Labor […]

TEL AVIV/JERUSALEM (Reuters) – Israelis took to the streets en masse on Thursday in protest against the government’s overhaul of the court system, blocking roadways across the country and intensifying a months-long campaign decrying the move. Thousands of people waving flags and blaring horns marched on a Tel Aviv thoroughfare stopping traffic in the middle of the workday. Police sprayed a water cannon and carried some away as they tried […]

BUDAPEST (Reuters) – Hungary would not arrest Russian President Vladimir Putin if he entered the country, Prime Minister Viktor Orban’s chief of staff said on Thursday, adding that it would have no legal grounds. Hungary signed and ratified the Rome Statute that created the International Criminal Court (ICC), which issued an arrest warrant on Friday accusing Putin of the war crime of illegally deporting hundreds of children from Ukraine. It […]

By Sumit Khanna and Arpan Chaturvedi AHMEDABAD, India (Reuters) -A lower court in India sentenced opposition leader Rahul Gandhi on Thursday to two years in jail on charges of defamation for a 2019 speech in which he referred to thieves as having the surname Modi. Gandhi will appeal against the order in a higher court, but any jailing for him or his disqualification from parliament would be a blow to […]

By Karen Freifeld NEW YORK (Reuters) – Another day passed on Wednesday without an indictment against former President Donald Trump, who had forecast he would be arrested on Tuesday in a Manhattan probe of alleged illegal hush-money payments he made to porn star Stormy Daniels. A  Manhattan grand jury did not meet as had been expected on Wednesday, a law enforcement source said, although it was unclear why that was […]

By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp’s board has accepted a buyout offer from a group led by private equity firm Japan Industrial Partners, valuing the company at 2 trillion yen ($15.2 billion), the company said on Thursday. A successful deal would see the scandal-ridden industrial conglomerate taken private and firmly in domestic hands after much tension with overseas activist shareholders.    It is however not yet clear whether activist […]