Town Hall News

By Steve Gorman (Reuters) – A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) early on Friday, carrying two U.S. astronauts, a Russian cosmonaut and a United Arab Emirates astronaut to begin a six-month science mission. The autonomously flying spacecraft dubbed Endeavour docked to the space station shortly after 1:40 a.m. EST (0640 GMT) on Friday, nearly 25 hours after launching from NASA’s Kennedy Space Center […]

DUBAI (Reuters) – India’s Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters, as the conglomerate tries to muster up confidence drained by a U.S. short-seller report. Adani group management, including group Chief Financial Officer Jugeshinder Singh, will attend the road shows which will run between March 7 to March 15, the document […]

By Steve Gorman (Reuters) – A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) early on Friday, carrying two U.S. astronauts, a Russian cosmonaut and a United Arab Emirates astronaut to begin a six-month science mission. The autonomously flying spacecraft dubbed Endeavour docked to the space station shortly after 1:40 a.m. EST (0640 GMT) on Friday, nearly 25 hours after launching from NASA’s Kennedy Space Center […]

By Leonardo Bennasatto and Lisi Niesner CHASIV YAR, Ukraine (Reuters) -Ukrainian forces clinging to the eastern city of Bakhmut dug new trenches in an attempt to hold back Russian attackers, as the United States said new military aid for Ukraine would be discussed at a meeting with Germany’s leader on Friday. Russian forces have been attacking Bakhmut in Donetsk province for months, sometimes in waves and the site has become […]

PARIS (Reuters) – Wall Street bank Morgan Stanley said on Friday that it was forecasting the European Central Bank’s (ECB) so-called “terminal” rate – the level to which it believes the ECB’s key rate will rise – at 4%. “Following material revisions to our inflation forecast, we now expect the ECB’s terminal rate at 4%,” wrote Morgan Stanley in a research note. (Reporting by Sudip Kar-Gupta; Editing by Edmund Klamann) […]

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar eased from a 2-1/2-month high versus the yen on Friday and looked set for its first weekly loss since January against major peers as traders tried to gauge the path for Federal Reserve policy. The yen, though, which is particularly sensitive to U.S.-Japanese long-term interest rate differentials, threatened to extend its recent losing streak to seven weeks, even as it gained […]

(Reuters) – Germany’s Lufthansa said on Friday it had returned to a “clearly positive result” in 2022 despite high cost inflation and fuel prices, boosted by a strong increase in demand for air travel following the loss-making years of the pandemic. The company reported a full-year operating profit of 1.23 billion euros ($1.30 billion) for 2022, compared to a loss of 2.3 billion euros the previous year, but below a […]

By Scott Murdoch and Nandan Mandayam SYDNEY/BENGALURU (Reuters) -Four firms under India’s embattled Adani Group saw their share prices surge on Friday after global investor GQG Partners Inc bought stakes for $1.87 billion, allaying concern about Adani’s ability to attract funds. The stake purchases comprised the first major investment in billionaire Gautam Adani’s conglomerate since a short-seller’s critical report resulted in seven of the Indian group’s listed firms losing more […]

By Scott Murdoch and Nandan Mandayam SYDNEY/BENGALURU (Reuters) -Four firms under India’s embattled Adani Group saw their share prices surge on Friday after global investor GQG Partners Inc bought stakes for $1.87 billion, allaying concern about Adani’s ability to attract funds. The stake purchases comprised the first major investment in billionaire Gautam Adani’s conglomerate since a short-seller’s critical report resulted in seven of the Indian group’s listed firms losing more […]