Town Hall News

By Sam Tobin LONDON (Reuters) – Russian aluminium tycoon Oleg Deripaska on Wednesday denied lying about the relocation of EN+ Group from Jersey to Russia to avoid U.S. sanctions, as he fights his former business partner’s attempt to jail him at London’s High Court. Deripaska, founder of aluminium giant Rusal, has been locked in a dispute with former Russian finance minister Vladimir Chernukhin since 2010 over a joint venture to […]

(Reuters) -Pacific Western Bank said on Wednesday it had raised $1.4 billion from investment firm Atlas SP Partners as regional banks rush to contain the fallout of a recent collapse of two mid-sized lenders.     Shares of the bank, which have lost nearly 47% of their value so far this year, fell about 9% in early trading even as it tried to assuage investor worries by saying it had more than […]

(Reuters) -Drug developer 89Bio Inc said on Wednesday its experimental treatment for liver disease NASH met the main goals of a small mid-stage study, sending its shares 30% higher. The drug, pegozafermin, helped reduce liver scarring known as fibrosis as measured on two different scales in patients with NASH, or nonalcoholic steatohepatitis, trial data showed. NASH, which has no approved treatments, is the fastest-growing cause of liver transplants in developed […]

(Reuters) -Pacific Western Bank said on Wednesday it had raised $1.4 billion from investment firm Atlas SP Partners as regional banks rush to contain the fallout of a recent collapse of two mid-sized lenders.     Shares of the bank, which have lost nearly 47% of their value so far this year, fell about 9% in early trading even as it tried to assuage investor worries by saying it had more than […]

By Emilio Parodi MILAN (Reuters) – One of three prosecutors accusing Italian soccer club Juventus of financial misconduct has left the case after the emergence of derogatory comments he made about the team, a source with direct knowledge of the matter said on Wednesday. In a video shot at a legal conference in Milan in 2019, a year before the inquiry into top-flight Serie A club Juventus opened, Turin prosecutor […]

Jordanians Angry Over Israeli Minister’s Remarks Denying Palestinians’ Existence Speech by Israel’s far-right Finance Minister Bezalel Smotrich claiming that there is no such thing as the Palestinian people is ‘racist and extremist behavior,’ Jordan’s Foreign Ministry said By Daoud Kuttab/The Media Line (Amman) March 21 is celebrated in Jordan and the region as the first of spring as well as Mother’s Day. It is also the anniversary of the 15-hour Battle […]

MADRID (Reuters) – Spain’s lower house of parliament on Wednesday rejected by a wide margin a motion of no confidence in the leftist government submitted by the far-right Vox party, as was widely expected. Only one lawmaker from the centre-right Ciudadanos joined the 52 Vox representatives in supporting the motion, while 201 deputies voted against it in the 350-seat house, and 91, mainly from the conservative People’s Party (PP) abstained. […]

MADRID (Reuters) – Spain’s lower house of parliament on Wednesday rejected by a wide margin a motion of no confidence in the leftist government submitted by the far-right Vox party, as was widely expected. Only one lawmaker from the centre-right Ciudadanos joined the 52 Vox representatives in supporting the motion, while 201 deputies voted against it in the 350-seat house, and 91, mainly from the conservative People’s Party (PP) abstained. […]

By John Revill and Julie Zhu ZURICH/HONG KONG (Reuters) – Syngenta’s $9.5 billion flotation has moved a step closer after the Shanghai Stock Exchange scheduled a hearing next week for the Swiss agrichemicals and seeds company’s listing plan. A rival to U.S. company Corteva and German firms BASF and Bayer, Syngenta was bought for $43 billion by ChemChina in 2017 and folded into Sinochem Holdings Corp in 2021. The Chinese […]