Town Hall News

By Andrea Shalal and Rodrigo Campos WASHINGTON (Reuters) -The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the country needs as it continues to defend against Russia’s invasion. The agreement, which must still be ratified by the IMF’s board, takes into consideration Ukraine’s path to accession to the European Union after the war. […]

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was pinned near five-week lows on Wednesday ahead of the conclusion of the U.S. Federal Reserve’s policy meeting, with investors awaiting clarity on the path the central bank is likely to take in the wake of global banking turmoil. Investor attention is zeroed in on whether the Fed will stick to its hawkish path to fight sticky inflation or pause interest rate […]

By Andrea Shalal and Rodrigo Campos WASHINGTON (Reuters) -The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the country needs as it continues to defend against Russia’s invasion. The agreement, which must still be ratified by the IMF’s board, takes into consideration Ukraine’s path to accession to the European Union after the war. […]

By Upasana Singh and Navya Mittal (Reuters) – Fintech firm Latitude Group Holdings said on Wednesday it has found further evidence of large-scale information theft affecting former and current customers across Australia and New Zealand, sending its shares to an all-time low. Latitude said it was attempting to identify the number of customers affected and the type of personal information stolen by the hacker. Shares of the Melbourne-based company, which […]

By Andrea Shalal and Rodrigo Campos WASHINGTON (Reuters) -The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the country needs as it continues to defend against Russia’s invasion. The agreement, which must still be ratified by the IMF’s board, takes into consideration Ukraine’s path to accession to the European Union after the war. […]

JERUSALEM (Reuters) -The Israeli parliament on Tuesday paved the way for Jewish settlers’ return to four settlements in the occupied West Bank by amending a 2005 law that ordered their evacuation, a move condemned by the Palestinian Authority and the European Union. The repeal of certain clauses in a previous disengagement law would allow Jewish residents to return to four West Bank settlements they were ordered to vacate in 2005 […]

By Nate Raymond BOSTON (Reuters) – A member of a wealthy family that has held investments and leadership roles in retailers like DSW owner Designer Brands Inc and American Eagle Outfitters Inc was sentenced on Tuesday to a year in prison for insider trading. Prosecutors had urged U.S. District Judge Douglas Woodlock in Boston to sentence David Schottenstein to nearly four years in prison, saying he and two friends made […]

LONDON (Reuters) – Britain’s former Prime Minister Boris Johnson will face hours of hostile questioning on Wednesday about whether he misled parliament over rule-breaking COVID-19 lockdown parties at a hearing where he will be fighting for his political career. Parliament’s Committee of Privileges is investigating whether Johnson, who was ousted from Downing Street in September, intentionally or recklessly misled parliament in a series of statements about the rule-breaking parties. The […]

HOUSTON (Reuters) – A former Citgo Petroleum Corp executive jailed in Venezuela for nearly five years is seeking $100 million in damages against his former employer alleging it helped set him up to be arrested and failed to defend him from spurious charges. Tomeu Vadell and family filed the lawsuit on Tuesday in a Texas state court claiming Citgo sent him to Caracas when it knew “there was an extremely […]