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Separatist gunmen kill five soldiers in Nigeria's southeast, army says May 31, 2024 05:39AM

By Camillus Eboh

ABUJA (Reuters) - Armed men killed at least five soldiers in a surprise attack in Nigeria's southeastern Abia state, the military said on Friday, the latest in a string of raids in a region rife with separatist violence.

No group claimed responsibility, but the army blamed the outlawed separatist Indigenous People of Biafra (IPOB) movement which wants the surrounding region to secede from Nigeria.

The gunmen... (continue reading...)


Tesla to recall over 125,000 vehicles over seat belt warning system May 31, 2024 05:36AM

(Reuters) - Tesla is recalling 125,227 Model 3, S, X and Y vehicles over a malfunction of its seat belt warning system, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday.

Tesla will release an over-the-air software update to fix the issue, NHTSA added.

(Reporting by Surbhi Misra in Bengaluru)


UK actors and writers call out 'systemic racism' over Abbott treatment May 31, 2024 05:30AM

By Suban Abdulla

LONDON (Reuters) - Prominent Black Britons have criticised the opposition Labour Party's treatment of Britain's first Black woman lawmaker after a row over whether she could stand as a candidate overshadowed the election campaign.

Diane Abbott, Britain's longest serving Black member of parliament who was first elected in 1987, had been suspended by the party for over a year after she said Jewish, Irish and Traveller... (continue reading...)


Hong Kong April retail sales tumble 14.7% amid changing consumption pattern May 31, 2024 05:29AM

HONG KONG (Reuters) - Hong Kong's April retail sales fell 14.7% from a year earlier, partly due to a drop in visitor spending and a surge in outbound trips during the Easter holidays, government data showed on Friday.

Sales decreased to HK$29.6 billion ($3.79 billion) in the second consecutive month of decline following a 7% drop in March.

In volume terms, retail sales fell 16.5% year-on-year in April, compared with a revised 8.7% decline... (continue reading...)


Factbox-Battles over CEO pay across the globe May 31, 2024 05:28AM

(Reuters) - Tesla shareholders will vote on CEO Elon Musk's $56 billion pay package on June 13 that a Delaware judge voided in January, calling the sum "unfathomable" and because she found the billionaire improperly controlled the process.

Musk's proposed pay package, the largest in corporate America, has no salary or cash bonus and sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years from 2018.

... (continue reading...)

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