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Table of Contents

Daily Briefing

Israeli tanks reached the center of Rafah for the first time, airfares in Europe and Asia are starting to plateau or fall, and how Red Sea disruptions are driving up carbon emissions.

Plus, China is back in Africa and doubling down on minerals.

By Kate Turton

Today’s Top News

Palestinian children searching for food among debris after a fire at the site of an Israeli strike on an area designated for displaced people. REUTERS/Mohammed Salem

WAR IN GAZA

Israeli tanks reached the center of Rafah for the first time, witnesses said, pressing its offensive in Gaza’s southern city despite international condemnation of an attack that sparked a blaze in a tent camp for the displaced, killing at least 45 people.
Will the incident constitute a ‘red line’ for the US, Israel’s most prominent supporter? Listen to Senior Correspondent Dan Williams on the Reuters World News daily podcast for more.

US NEWS

Tornado-spawning thunderstorms that swept the Southern Plains and the Ozark Mountains have killed at least 21 people across four US states and wrecked hundreds of buildings, as forecasters warned of more severe weather.
Lawyers for Donald Trump asked a federal judge to reject prosecutors’ request for a gag order limiting what the former president can say about law enforcement officers involved in the case accusing him of mishandling sensitive documents.

ELSEWHERE

Thousands of residents were ordered to evacuate from the path of a still-active landslide in Papua New Guinea by the government, after parts of a mountain collapsed, burying an initial estimate of more than 2,000 people.
Torrential rains brought by cyclone Remal caused a collapse in a stone quarry in India’s state of Mizoram, killing 15 people and trapping seven, while eight more died in landslides and other accidents elsewhere in the remote region, officials said.
South African President Cyril Ramaphosa, who has staked his reputation on cleaning up the image of the ruling African National Congress, will lead the party toward its biggest test of the democratic era when South Africans vote.

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Business & Markets

China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus. But data reveals a more complex relationship, one that is still largely extractive.
Senior British lawmakers have questioned fast-fashion giant Shein’s suitability for a London stock market listing and called for greater scrutiny of the Chinese-founded firm.
Apple saw its iPhone sales in China jump 52% in April from a year earlier, Reuters calculations based on industry data showed. The big increase follows a weak performance earlier this year in the world’s biggest smartphone market.
Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability.
Toyota showcased next-generation engines that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and doubles down on its strategy of selling more than just EVs.
As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of would-be rivals are leading some experts to raise annual global sales forecasts for the treatments to about $150 billion by the early 2030s.

How Red Sea disruptions are driving up carbon emissions

A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions.

For companies struggling to account for – and lower – the climate-warming emissions associated with their businesses, these rerouted journeys add to the challenge.

View our interactive graphic.

And Finally…

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A photographer takes pictures of the painting “Ecce Homo” by Italian artist Caravaggio. May 27, 2024. REUTERS/Susana Vera

Madrid’s Prado Museum unveiled a painting by Italian baroque master Caravaggio that will go on public display for the first time this week after what the museum has described as one of the greatest discoveries in the history of art.

Read more: Once-lost Caravaggio painting to go on display

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