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Current feed - Reuters: Top News

Google parent Alphabet profit beats Street on strong ad sales
SAN FRANCISCO (Reuters) - Google owner Alphabet Inc reported first-quarter sales and profit Monday that topped financial analysts' estimates due to strong ad sales and a change in accounting for investments in startups, sending its shares up about 1 percent after hours.

Nine dead, 16 hurt by van plowing over Toronto sidewalk: police
TORONTO (Reuters) - A white Ryder rental van killed nine people and injured 16 when its driver plowed through a busy Toronto sidewalk on a sunny Monday afternoon, police said.

Waffle House shooting suspect arrested by Nashville police
NASHVILLE, Tenn. (Reuters) - Nashville police on Monday arrested the suspect in the weekend killing of four people at a Waffle House restaurant, ending a manhunt that began when the gunman ran naked from the scene into nearby woods, authorities said.

U.S. allies press Trump to keep Iran nuclear deal alive
WASHINGTON/TORONTO (Reuters) - Western allies stepped up pressure on U.S. President Donald Trump on Monday to keep alive an international nuclear deal with Iran, with French President Emmanuel Macron due to urge him in person not to tear up the 2015 agreement.

South Korea switches off propaganda broadcasts, Moon upbeat on North Korea nuclear halt
SEOUL (Reuters) - South Korea on Monday halted the propaganda broadcasts it blares across the border with North Korea, aiming to set a positive tone ahead of the first summit in a decade between their leaders as the U.S. president cautioned the nuclear crisis was far from resolved.

High-profile investors bet on stocks tied to millennials: Sohn Conference
NEW YORK (Reuters) - Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday, ranging from online food ordering to homebuilders, that should benefit from the growing clout of the millennial generation.

U.S. extends deadline for Rusal sanctions, aluminum prices dive
WASHINGTON/MOSCOW (Reuters) - The United States on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, and said it would consider lifting them if United Company Rusal Plc's major shareholder, Russian tycoon Oleg Deripaska, ceded control of the company.

Trump's revenge: U.S. oil floods Europe, hurting OPEC and Russia
MOSCOW/LONDON (Reuters) - As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude.

China fund managers slash ZTE valuation after U.S. sanction
SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.

Paris attacks suspect jailed for 20 years for Belgian attempted murder
BRUSSELS (Reuters) - A Belgian court sentenced Paris attacks suspect Salah Abdeslam and a co-accused to 20 years in prison on Monday for trying to kill police during a shootout in Brussels in 2016.

 

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