Town Hall News

By Soo-hyang Choi and Ju-min Park SEOUL (Reuters) -North Korea has tested a new nuclear-capable underwater attack drone, state media reported on Friday, as leader Kim Jong Un warned joint military drills by South Korea and the U.S. should stop. During the test, the new North Korean drone cruised underwater at a depth of 80 to 150 metres (260-500 feet) for over 59 hours and detonated a non-nuclear payload in […]

WASHINGTON (Reuters) – The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed a contractor, injured another and wounded five U.S. troops, the Pentagon said. The strikes were in retaliation for an attack against a U.S.-led coalition base near Hasakah in northeast Syria at approximately 1:38 p.m. (1038 GMT) on Thursday, it said. The […]

WASHINGTON (Reuters) – The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed a contractor, injured another and wounded five U.S. troops, the Pentagon said. The strikes were in retaliation for an attack against a U.S.-led coalition base near Hasakah in northeast Syria at approximately 1:38 p.m. (1038 GMT) on Thursday, it said. The […]

By Navya Mittal (Reuters) – Australia-listed shares of Block Inc, led by Twitter co-founder Jack Dorsey, plunged as much as 20% on Friday after Hindenburg Research alleged the payments firm overstated its user numbers and understated its customer acquisition costs. Block said the report was “factually inaccurate and misleading” and that it was exploring legal action against the short-seller. Shares of the San Francisco-headquartered company, which has a secondary listing […]

By Navya Mittal (Reuters) – Australia-listed shares of Block Inc, led by Twitter co-founder Jack Dorsey, plunged as much as 20% on Friday after Hindenburg Research alleged the payments firm overstated its user numbers and understated its customer acquisition costs. Block said the report was “factually inaccurate and misleading” and that it was exploring legal action against the short-seller. Shares of the San Francisco-headquartered company, which has a secondary listing […]

By Svea Herbst-Bayliss (Reuters) -ValueAct Capital informed Seven & i Holdings on Friday it would lobby to remove four directors from the Japanese’s convenience store operator’s 14-member board, citing “a failed corporate strategy”. ValueAct, which owns a 4.4% stake of Seven & i, had called on the company’s management in January to spin off its 7-Eleven convenience store chain. The fund has been invested in the company and making proposals […]

By Svea Herbst-Bayliss (Reuters) -ValueAct Capital informed Seven & i Holdings on Friday it would lobby to remove four directors from the Japanese’s convenience store operator’s 14-member board, citing “a failed corporate strategy”. ValueAct, which owns a 4.4% stake of Seven & i, had called on the company’s management in January to spin off its 7-Eleven convenience store chain. The fund has been invested in the company and making proposals […]

By Mike Collett-White WEST OF SOLEDAR, Ukraine (Reuters) -Ukrainian troops, on the defensive for months, will soon counterattack as Russia’s offensive looks to be faltering, a commander said, but President Volodymyr Zelenskiy warned that without a faster supply of arms the war could last years. Zelenskiy said Europe must increase and speed up its supply of weapons, again calling for long-range missiles, ammunition and modern aircraft, and impose additional sanctions […]

By Mike Collett-White WEST OF SOLEDAR, Ukraine (Reuters) -Ukrainian troops, on the defensive for months, will soon counterattack as Russia’s offensive looks to be faltering, a commander said, but President Volodymyr Zelenskiy warned that without a faster supply of arms the war could last years. Zelenskiy said Europe must increase and speed up its supply of weapons, again calling for long-range missiles, ammunition and modern aircraft, and impose additional sanctions […]