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Israel protests after Nobel laureate denounces Gaza invasion at Vatican May 13, 2024 08:18AM

VATICAN CITY (Reuters) - Israel's Embassy to the Holy See issued a protest on Monday after a Yemeni Nobel Prize winner accused Israel of "genocide" in Gaza during an event hosted by the Vatican.

The embassy said it felt "indignation and shock" over the comments from rights activist Tawakkol Karman made on Saturday evening during a conference organised by the Fratelli Tutti Foundation created by Pope Francis.

Karman, who won the 2011 Nobel... (continue reading...)


CEO: UBS to reinvest part of $13 billion in costs savings on improved processes May 13, 2024 08:16AM

(This story has been corrected to change the currency to dollars, from euros, in the headline and paragraph 1)

By Elisa Martinuzzi

ZURICH (Reuters) - UBS will reinvest part of $13 billion in planned cost savings on making the bank's processes and businesses stronger following the takeover of Credit Suisse, UBS chief executive Sergio Ermotti said on Monday.

($1 = 0.9268 euros)

(Reporting by... (continue reading...)


India's retail inflation eases slightly in April, surge in food prices continues May 13, 2024 08:16AM

NEW DELHI (Reuters) -India's retail inflation rate eased slightly in April, partly due to lower fuel prices, although food prices remained elevated, government data showed on Monday.

Annual retail inflation in April was 4.83%, down from 4.85% in March. Economists polled by Reuters had forecast April retail inflation at 4.80%.

Food inflation, which accounts for nearly half of the overall consumer price basket, rose 8.70% in April, compared... (continue reading...)


BHP says Anglo American rejected revised proposal May 13, 2024 08:15AM

(Reuters) - BHP Group said on Monday that Anglo American had rejected a revised buyout offer.

Late last month, Anglo American rebuffed BHP's $39 billion scrip takeover proposal, saying it significantly undervalued the London-listed miner and its prospects.

(Reporting by Eva Mathews in Bengaluru)


Death toll from floods in southern Brazil hits 147 May 13, 2024 08:11AM

SAO PAULO (Reuters) - The death toll from floods in Brazil's southernmost state of Rio Grande do Sul rose to 147, local authorities said on Monday, while 127 people are still missing.

Heavy rains have caused several rivers and lakes in the region to hit their highest levels ever, while floods blocked streets and disrupted logistics, triggering a shortage of essential goods in certain areas.

(Reporting by Peter Frontini; editing by Gabriel Araujo)


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