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Ugandan police raid newspaper over Museveni succession letter
KAMPALA (Reuters) - Police raided a leading Ugandan newspaper and disabled its printing press and website on Monday after it published a letter about a purported plot to stifle allegations President Yoweri Museveni is grooming his son for power, a senior editor said.

Wall Street opens lower after record highs
NEW YORK (Reuters) - Wall Street opened weaker on Monday as investors searched for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Week two of Cannes film festival gets off to explosive start
CANNES (Reuters) - Japanese director Takashi Miike got the final week of the Cannes film festival off to an explosive start on Monday, with big budget cop thriller "Shield of Straw" a sharp contrast to the more intense, intimate movies screened so far.

Israel's Lapid speaks of removing some settlers for peace
JERUSALEM (Reuters) - Finance Minister Yair Lapid, whose new centrist party is the second largest in Israel's government, said on Monday thousands of Jewish settlers would have to be removed from occupied land under any peace deal with the Palestinians.

FDA staff says Merck's sleep drug effective, questions dosage
(Reuters) - Merck & Co's experimental insomnia drug suvorexant appears generally effective, according to reviewers at the U.S. Food and Drug Administration, but they questioned the company's proposed dosing levels.

Wall Street to dip after records, acquisitions eyed
NEW YORK (Reuters) - Stocks were set to dip at the open on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Hezbollah suffers big losses in Syria battle: activists
AMMAN (Reuters) - About 30 Lebanese Hezbollah fighters and 20 Syrian soldiers and militiamen loyal to President Bashar al-Assad have been killed in the fiercest fighting this year in the rebel stronghold of Qusair, Syrian activists said on Monday.

Egyptian army boosts forces in Sinai after kidnapping
EL-ARISH, Egypt (Reuters) - The Egyptian army sent reinforcements into the Sinai Peninsula on Monday after President Mohamed Mursi said there would be no talks with militant Islamists who abducted seven members of the security forces last week.

Former GOP Senator Judd Gregg named CEO of lobbying group SIFMA
NEW YORK (Reuters) - The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive officer, the lobbying group said Monday.

Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
(Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue.

Pakistan's MQM denounces Imran Khan in Karachi protest
ISLAMABAD (Reuters) - Supporters of an influential Pakistani political party took to the streets of Karachi on Monday to protest against cricket-hero-turned-politician Imran Khan, who has accused it of killing one of his senior staff a week after a general election.

Car bombs target Iraq Shi'ites, killing 43
BAGHDAD (Reuters) - At least 43 people were killed in car bomb explosions targeting Shi'ite Muslims in the Iraqi capital and the southern oil hub of Basra on Monday, police and medics said.

Subsidy reform dispute imperils Morocco's ruling coalition
RABAT (Reuters) - Morocco's junior government party is threatening to quit the coalition unless Islamist prime minister Abdelilah Benkirane moderates plans for sweeping cuts to subsidies on food and energy.

South Sudan army says retakes town from rebels in east
JUBA (Reuters) - South Sudan's army has retaken an eastern town captured by rebels two weeks ago, a military spokesman said on Monday, in a conflict that has uprooted thousands of people and hampered government plans to explore for oil.

GE Capital plans to pay $6.5 billion in dividends to GE
(Reuters) - GE Capital Corp's board has approved a plan to pay $6.5 billion in dividends, including a special dividend of $4.5 billion, to parent General Electric Co in 2013.

Actavis to buy Warner Chilcott in $5 billion stock deal
(Reuters) - Generic drugmaker Actavis Inc, which has been the subject of takeover speculation, plans to buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock.

Stock futures dip after records, acquisitions eyed
NEW YORK (Reuters) - Stock index futures dipped in light volume on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Actavis to buy Warner Chilcott in $5 billion stock deal
(Reuters) - Generic drugmaker Actavis Inc, which has been the subject of takeover speculation, plans to buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock.

Five dead in Israeli bank robbery
JERUSALEM (Reuters) - A bank robbery in Israel on Monday ended with the deaths of five people, including one of the holdup men who apparently shot and killed himself when police launched a raid to free hostages.

Iran electoral watchdog hints at Rafsanjani rejection
DUBAI (Reuters) - Iran's electoral watchdog said on Monday it would bar physically feeble candidates from running for president, in an apparent hint that it could disqualify 78-year-old former President Akbar Hashemi Rafsanjani from the race.