Reuters

By Giulia Paravicini

NAIROBI (Reuters) - At least 1,000 Sudanese refugees have fled a camp run by the United Nations in northern Ethiopia following a series of shootings and robberies, three of the refugees and the United Nations said.

The refugees said about 7,000 of the 8,000 residents of the Kumer camp left on foot early on Wednesday morning after they were attacked and robbed by local militiamen.

They said they were... (continue reading...)

By Howard Schneider and Lindsay Dunsmuir

(Reuters) - Federal Reserve officials, buffeted in recent months by concerns the economy might again overheat, got relief on Friday when jobs data for April showed a marked cooling in wage growth and a pace of hiring in line with levels seen before the COVID-19 pandemic.

The gain of 175,000 payroll jobs last month was the lowest in more than a year, while the 3.9% annual change in average hourly... (continue reading...)

By Ana Mano and Roberto Samora

SAO PAULO (Reuters) - The outlook for soy production in one of Brazil's biggest farm states is deteriorating quickly after heavy rains disrupted harvesting with about a quarter of fields left to reap from in Rio Grande do Sul.

The situation has dampened farmer sentiment in Brazil's southernmost state, where soy production was at one point in the 2023/24 season expected to be a record after at least two years... (continue reading...)

By Valentina Za

MILAN (Reuters) - Italy's biggest bank Intesa Sanpaolo on Friday said it had acquired some 90,000 new customers through its digital-only arm Isybank, after an antitrust decision effectively halted the migration of existing clients.

Italy's competition authority dealt a blow to Intesa's fintech ambitions in November when it ruled the bank had to obtain explicit consent from the around 4 million clients it planned to move to... (continue reading...)

SAO PAULO (Reuters) -Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday.

Vale, BHP and their joint venture Samarco had earlier this week presented authorities with an offer to pay a total of 127 billion reais ($25.03 billion) as reparations for the dam collapse, including 37 billion reais already disbursed.