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India grants citizenship to first batch of 14 refugees under controversial law May 15, 2024 09:23AM

By Sakshi Dayal

NEW DELHI (Reuters) - India granted citizenship on Wednesday to a first batch of 14 people under a controversial law that has been criticised for discriminating against Muslims, midway through general elections in which religious divisions have taken centre stage.

The Citizenship Amendment Act (CAA) grants citizenship to Hindus, Parsis, Sikhs, Buddhists, Jains, and Christians who fled to India from Muslim-majority... (continue reading...)


AI could bring 50 billion euro benefit to Italian companies, Accenture study shows May 15, 2024 09:21AM

ROME (Reuters) - Italian companies could increase the added value they create by about 50 billion euros ($54.30 billion) by 2030 with the generalised use of generative Artificial Intelligence (AI), according to a study by Accenture published on Wednesday.

The research was presented at an annual meeting in Rome of the Leonardo Committee, a business group promoting "Made in Italy". The group is unrelated to the Leonardo defence and aerospace group.

... (continue reading...)
Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says May 15, 2024 09:21AM

By Milana Vinn

NEW YORK (Reuters) - The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job.

Junior banker Leo Lukenas III died of an acute coronary artery thrombus, a type of blood clot, the New York Office of the Chief Medical Examiner... (continue reading...)


Yemen's Houthis say they targeted US warship and vessel 'Destiny' in Red Sea May 15, 2024 09:20AM

DUBAI (Reuters) - Yemen's Houthis said on Wednesday that they had targeted a U.S. warship and a vessel called "Destiny" in the Red Sea, part of an ongoing campaign of attacks that the Iran-backed group says is designed to show solidarity with the Palestinians in Gaza.

In a televised speech, the Houthis' military spokesman Yahya Sarea said they had targeted an American destroyer called "Maysun" in the Red Sea with a number of "appropriate naval... (continue reading...)


Petrobras shares plunge as Brazil's Lula swaps CEO May 15, 2024 09:13AM

RIO DE JANEIRO (Reuters) -Shares of Brazil's Petrobras plunged XX% as markets opened on Wednesday, after the state-run oil firm said its chief executive would step down, to be replaced by a former regulator with views closer those of President Luiz Inacio Lula da Silva.

Industry analysts expressed concern, as CEO Jean Paul Prates was seen as balancing the market demands for disciplined capital spending and healthy dividends with political demands to... (continue reading...)


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