Town Hall News

(Reuters) -Goldman Sachs will pay a $5.5 million civil penalty to settle allegations it failed to keep records of staff cell phone calls, and for breaching a prior order, the U.S. Commodity Futures Trading Commission (CFTC) said on Tuesday. The CFTC’s order finds Goldman violated a cease-and-desist provision of a prior order and committed record-keeping violations in connection with failing to properly record and retain certain audio files, the regulator […]

WASHINGTON (Reuters) -U.S. President Joe Biden will visit Vietnam next month to meet with top officials on issues ranging from technology and the economy to regional stability and climate change, as Washington eyes closer ties in a region where China looms large. Biden will meet with Communist Party General Secretary Nguyen Phu Trong and other top Vietnamese leaders in Hanoi on Sept. 10 before traveling to Alaska to commemorate the […]

By Deborah Mary Sophia (Reuters) – U.S. retailers’ earnings over the past month have signaled that customers are spending on discounted apparel, small home projects and beauty products even as they slashed other discretionary purchases with prices still elevated. Retail sales in the U.S. rose more than expected in July with strong wage gains underpinning consumption, but the benefits have not been uniform across the sector. Discount apparel chains TJX […]

By Stamos Prousalis and Stelios Misinas ATHENS (Reuters) -A wildfire burning in northeastern Greece for 11 days has destroyed an area larger than New York City, the European Union-backed Copernicus Climate Change Service said on Tuesday, as firefighters from five countries battled to contain the flames. Fuelled by gale force winds and hot weather, the fire that began near the city of Alexandroupolis quickly spread across the Evros region, killing […]

ATHENS (Reuters) – A wildfire burning in northeastern Greece for 11 days has destroyed an area larger than New York City, the European Union-backed Copernicus Climate Change Service said on Tuesday. Fuelled by gale force winds and hot weather, the fire that began near the city of Alexandroupolis quickly spread across the Evros region, killing at least 20 people last week in Europe’s deadliest blaze this summer. It turned swathes […]

Iran Pivots Toward Asia Iran is trying to strengthen its relations with China, Japan, South Korea, and India By Patrick Doyle/The Media Line As the US pressures Iran into renegotiating a nuclear deal, Tehran has shifted its focus to strengthening relations with countries in Asia. The Iranian government hopes to make up revenue lost from aggressive Western sanctions through better trade partnerships with nations to its east. China has consistently […]

ST PETERSBURG, Russia (Reuters) – Russian mercenary chief Yevgeny Prigozhin was buried privately at a cemetery on the outskirts of St Petersburg on Tuesday, six days after his death in an unexplained plane crash. The funeral took place away from the glare of the media and in stark contrast to the brazen, self-publicising style with which Prigozhin had fanned his reputation far beyond Russia for ruthlessness and ambition. “The farewell […]

By Shristi Achar A and Amruta Khandekar (Reuters) -Wall Street’s main indexes rose on Tuesday, lifted by growth stocks such as Tesla and Alphabet after a drop in monthly job openings cemented expectations of a pause in interest rate hikes by the U.S. Federal Reserve. The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), showed the number of job openings stood at 8.827 million in July, falling for the […]

DUBLIN (Reuters) – The post-pandemic trend of people prioritising travel could be a more permanent change in consumers’ spending habits, the head of Ireland’s largest hotel group Dalata said on Tuesday. The company, which operates the Maldron and Clayton brands and also runs 19 hotels in the United Kingdom, reported a 24% year-on-year jump in first half adjusted core profit to 103 million euros ($111 million), and said it saw […]