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Tesla shareholders advised to reject Musk's $56 billion pay May 25, 2024 07:18PM

(Reuters) - Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America.

The report cited reasons like the "excessive size" of the pay deal, the dilutive effect upon exercise and the concentration of ownership. It also mentioned Musk's "slate of extraordinarily time-consuming... (continue reading...)


Earthquake of magnitude 6.4 strikes Vanuatu Islands - EMSC May 25, 2024 06:38PM

(Reuters) - An earthquake of magnitude 6.4 struck the Vanuatu Islands on Sunday, the European Mediterranean Seismological Centre said.

The quake was at a depth of 25 km (15.53 miles),EMSC said.

(Reporting by Urvi Dugar in Bengaluru; Editing by Josie Kao)


North Korea accuses US, South Korea of flying spy planes, ships May 25, 2024 06:36PM

SEOUL (Reuters) - North Korea's defence ministry accused the United States and South Korea of ramping up reconnaissance activities around the inter-Korean border, warning that it will act if its sovereignty and security is violated, state media KCNA said on Sunday.

North Korea's vice defence minister Kim Gang Il said the U.S. had flown at least 16 of its RC-135 and U-2S strategic reconnaissance planes and RQ-4B drone over the Korean peninsula between... (continue reading...)


Hamas says it captured Israeli soldiers in Gaza; Israel denies May 25, 2024 06:18PM

By Nidal al-Mughrabi

CAIRO (Reuters) -A spokesman for Hamas' armed wing said on Sunday its fighters had captured Israeli soldiers during fighting in Jabalia in northern Gaza on Saturday, though the Israeli military denied the claim.

The Hamas armed wing spokesman did not say how many soldiers had been abducted and showed no proof of the claim.

"Our fighters lured a Zionist force into an ambush inside a tunnel ... The fighters... (continue reading...)


Ukrainian attacks kill four in Belgorod region in southern Russia, governor says May 25, 2024 06:14PM

(Reuters) - Ukrainian attacks on Saturday killed four residents in southern Russia's Belgorod region, regional governor Vyacheslav Gladkov said.

Gladkov, writing on the Telegram messaging app, said three people were killed in the village of Oktyabrsky in a multiple rocket attack. One man died after being taken to a hospital.

Twelve people were injured after two shelling incidents, he said, including a child.

In the village... (continue reading...)


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