Reuters

(Reuters) - Hedge fund Shah Capital on Monday urged Novavax shareholders to vote against the re-election of three directors and proposals related to executive compensation, ramping up its efforts for a board shakeup at the COVID-19 vaccine maker.

Shah Capital, which currently owns a near 7.5% stake in Novavax and is its third-largest shareholder, reiterated that the company was "undervalued and continues to suffer from poor profitability".

(Reuters) -Canada's Brookfield Asset Management will invest about $1.5 billion in U.S.-based private credit manager Castlelake, the companies said on Monday.

Private credit firms have become an increasingly popular source of capital for they do not face the tighter regulatory scrutiny as traditional lenders.

This multi-trillion market has significant tailwinds that will help drive the growth of our $300 billion credit business over the next... (continue reading...)

MAPUTO (Reuters) - Mozambique's ruling FRELIMO party has announced Daniel Chapo will be its presidential candidate in an election scheduled for October.

FRELIMO has governed the southern African country since gaining independence in 1975 and hopes Chapo will lead the party to another victory in the Oct. 9 election.

"The soap opera of speculation is over, including speculation about the third term," President Filipe Nyusi said on state... (continue reading...)

(Reuters) - Veteran British naturalist and broadcaster David Attenborough turns 98 on May 8, but according to his longtime collaborator Mike Gunton, he has no plans to retire.

Gunton, who is Creative Director of the Natural History Unit at the BBC, first met Attenborough in the 1980s working on animal behaviour show "The Trials of Life". The two have since made acclaimed programmes such as nature series "Planet Earth", wildlife show "Life" and "The... (continue reading...)

By Francois Murphy

VIENNA (Reuters) - U.N. nuclear watchdog chief Rafael Grossi will hold talks with senior officials in Iran on Monday and Tuesday, hoping to bolster his agency's oversight of Iran's nuclear activities.

Since then-President Donald Trump's decision in 2018 to pull the United States out of a landmark deal between Iran and major powers that restricted Iran's nuclear activities in exchange for sanctions relief, that accord... (continue reading...)