Town Hall News

By Duncan Miriri NAIROBI (Reuters) – How to finance environmental priorities and shift the focus from Africa as victim of floods and famine will be central to the debate at the continent’s first climate summit next week, while activists resist plans to expand carbon markets for funding. African countries contribute only about 3% of global carbon emissions, according to U.N. figures, but are increasingly exposed to the impact of extreme […]

(Reuters) -The U.S. Department of Energy will provide $95 million to Hawaiian Electric through the Bipartisan Infrastructure Law to strengthen the power grids on Hawaii’s wildfire-ravaged islands, the White House said on Wednesday. The island of Maui was devastated earlier this month after the deadliest U.S. wildfire in more than a century swept through the resort town of Lahaina, leaving 115 people dead and 338 missing. “This investment will help […]

By Francesco Guarascio HANOI (Reuters) – A chronic shortage of engineers in Vietnam is emerging as a major challenge to the growth of its semiconductor industry and to U.S. plans of fast-tracking the Southeast Asian nation as a chips hub to hedge against China-related supply risks. Semiconductors are expected to be a focal point when U.S. President Joe Biden visits Hanoi from Sept. 10 with the goal of formally elevating […]

JOHANNESBURG (Reuters) – Forty-seven bodies have been recovered and 43 people injured in a fire in Johannesburg’s central business district, the municipal government said in a post on social media platform X, formerly known as Twitter. (Reporting by Alexander Winning; Editing by Tom Hogue) Brought to you by www.srnnews.com

HELSINKI (Reuters) – Finland’s government, beset by racism controversies since taking office in June, has agreed on a common policy to combat intolerance, party leaders said late on Wednesday, preventing a collapse of the four-party, right-wing coalition. Within days of assuming power in June, the government was in turmoil when media revealed writings by ministers from the Finns Party, a far-right coalition member and Finland’s second largest political group, that […]

By Noele Illien ZURICH (Reuters) -UBS Group said on Thursday it would fully absorb Credit Suisse’s domestic bank, adding that it was increasing its ambitions for cost savings to more than $10 billion across the group. The long-awaited announcement about Credit Suisse’s home bank was made in tandem with UBS’s first earnings report since taking over its stricken rival. The decision comes despite a likely backlash in Switzerland where it […]

BENGALURU (Reuters) – India is set to launch its next space venture, a mission to study the sun and its effect on space weather, days after the historical landing of its Chandrayaan-3 space craft on the lunar south pole. Here are highlights of the Indian Space Research Organisation’s (ISRO) upcoming and past missions: ADITYA-L1 Slated for launch on Sept. 2, the Aditya L1 (Aditya is a name for the sun […]

By Krishn Kaushik, Laurie Chen and Martin Quin Pollard NEW DELHI/BEIJING (Reuters) – Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter in India and China told Reuters. Two Indian officials, one diplomat based in China and one official working for the government of another G20 country said Premier Li Qiang is expected to represent Beijing at […]

By Noele Illien ZURICH (Reuters) -UBS Group said on Thursday it would fully absorb Credit Suisse’s domestic bank – a decision that comes despite a likely backlash in Switzerland where it could result in the loss of thousands of jobs. The long-awaited announcement was made in tandem with UBS’s first earnings report since taking over its stricken rival. UBS could have spun off the business and floated it in an […]