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Airstrike kills nine at displacement camp in eastern Congo, official says May 3, 2024 07:03AM

GOMA, Democratic Republic of Congo (Reuters) - An air strike killed at least nine people, including seven children, on Friday at a displacement camp in the eastern Congolese city of Goma, a local official said.

It was not immediately clear who was responsible for the strike. A two-year offensive by the Rwanda-backed rebel group M23 has moved closer to Goma in recent months, prompting thousands to seek refuge in the city from surrounding areas.

... (continue reading...)
Apple shares jump as record buyback, sales growth forecast lure investors May 3, 2024 07:00AM

By Aditya Soni

(Reuters) - Apple shares jumped nearly 6% before the bell on Friday as the iPhone maker's record stock buyback plan and promise of sales growth drew back investors who have shunned the stock on concerns over weak demand and increased competition in China.

The company late on Thursday approved an additional $110 billion in share repurchases, its largest ever, and forecast third-quarter sales that exceeded the modest market... (continue reading...)


Apple shares jump as record buyback, sales growth forecast lure investors May 3, 2024 07:00AM

By Aditya Soni

(Reuters) - Apple shares jumped nearly 6% before the bell on Friday as the iPhone maker's record stock buyback plan and promise of sales growth drew back investors who have shunned the stock on concerns over weak demand and increased competition in China.

The company late on Thursday approved an additional $110 billion in share repurchases, its largest ever, and forecast third-quarter sales that exceeded the modest market... (continue reading...)


Indonesia to permanently relocate 10,000 people after Ruang volcano eruptions May 3, 2024 06:43AM

JAKARTA (Reuters) - The Indonesian government will permanently relocate almost 10,000 residents after a series of explosive eruptions of the Ruang volcano has raised concerns about the dangers of residing on the island in future, a minister said on Friday.

About 9,800 people live on Ruang island, in the province of North Sulawesi, but in recent weeks all residents have been forced to evacuate after the mountain has continued to spew incandescent lava... (continue reading...)


Goldman Sachs settles 2014 class action lawsuit tied to metal trades May 3, 2024 06:38AM

(Reuters) - Goldman Sachs said on Friday it had reached an in-principle settlement to resolve a 2014 class action lawsuit related to trading in platinum and palladium.

The investment bank was among a number of defendants named in the lawsuit, which alleged they had violated antitrust laws by conspiring to manipulate a benchmark for physical platinum and palladium prices.

The agreement is subject to final documentation and court approval,... (continue reading...)


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