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Strong earthquake hits Iraq and Iran, killing more than 130

Top Reuters News - Sun, 11/12/2017 - 21:12
BAGHDAD/ANKARA (Reuters) - More than 120 people were killed in Iran and at least several others in Iraq on Sunday when a powerful magnitude 7.3 earthquake hit the region, state media in the two countries said, as rescuers stepped up efforts overnight to find dozens trapped under rubble.

2 Navy SEALs killed Green Beret over embezzlement scheme: report

MarketWatch Market Pulse - Sun, 11/12/2017 - 20:54

An embezzlement scheme provided the motive behind the killing of a U.S. Green Beret sergeant at the hands of two Navy SEALs in Mali earlier this year, the Daily Beast reported late Sunday. According to the Daily Beast, Sgt. Logan Melgar discovered that two members of the Navy's elite SEAL Team 6 were pilfering money from a fund meant to pay anti-terrorism informants in the West African country. The two reportedly offered Melgar a cut, but he declined. Melgar died during an apparent altercation on June 4 at the U.S. Embassy in Bamako. The SEALs claimed he was drunk and died of asphyxiation in a training accident, but an autopsy report found no trace of alcohol in Melgar's system, the Daily Beast reported. In October, the New York Times first reported that the two SEALs were "persons of interest" in Melgar's death. No charges have yet been filed.

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Fed's Harker pulls back slightly his support for a December rate hike

MarketWatch Market Pulse - Sun, 11/12/2017 - 19:24

Philadelphia Fed President Patrick Harker on Sunday seemed to waver a bit in his support for another interest-rate hike in December. In a speech in Tokyo, Harker said that he has "lightly penciled in" a December move, backing away a bit from the phrase "penciled in" that he had used in in an interview with CNBC last month. In his remarks in Tokyo, Harker called continued low inflation, in the face of the steep decline in the unemployment rate, a "conundrum" for the central bank.

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Hariri warns Lebanon faces Arab sanctions risk, to return in days

Top Reuters News - Sun, 11/12/2017 - 18:55
BEIRUT (Reuters) - Saad al-Hariri warned on Sunday Lebanon was at risk of Gulf Arab sanctions because of the Shi'ite group Hezbollah's regional meddling and said he would return to Lebanon within days to affirm he had resigned as the country's prime minister.

More than 60 killed in magnitude 7.2 quake along Iran-Iraq border

MarketWatch Market Pulse - Sun, 11/12/2017 - 18:43

More than 60 people died after a massive earthquake hit Sunday along the Iran-Iraq border, the Associated Press reported. The quake, which the U.S. Geological Survey measured at magnitude 7.2, was centered near the city of Halabja in northern Iraq at hit at 9:18 p.m. local time. Iranian authorities reported 60 killed and 300 injured across 14 provinces, while Iraqi officials reported six deaths and 200 injuries in their country.

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Venezuela's Maduro dismisses default possibility on eve of debt talks

Top Reuters News - Sun, 11/12/2017 - 18:00
CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Sunday the country would never default on its debt, a day before debt talks with creditors that will be overseen by two officials under sanction by the United States.

Uber board strikes agreement to pave way for SoftBank investment

Top Reuters News - Sun, 11/12/2017 - 17:58
SAN FRANCISCO/NEW YORK (Reuters) - Uber Technologies Inc's [UBER.UL] warring board members have struck a peace deal that would allow a multibillion-dollar investment by SoftBank Group Corp to proceed, and would resolve a legal battle between former Chief Executive Travis Kalanick and a prominent shareholder.

Qualcomm draws up plans to rebuff Broadcom's $103 billion offer: sources

Top Reuters News - Sun, 11/12/2017 - 16:39
(Reuters) - U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd's $103 billion bid as early as this week, four people familiar with the matter said on Sunday, setting the stage for one of the biggest-ever takeover battles.

Hariri says he will return to Lebanon soon, leaves doubt about resignation

Top Reuters News - Sun, 11/12/2017 - 16:20
BEIRUT (Reuters) - Saad al-Hariri said on Sunday he would return to Lebanon from Saudi Arabia in two or three days to affirm that he had quit as prime minister, and also hinted that he could take back his resignation.

Uber board has struck an agreement to pave way for SoftBank investment

Top Reuters News - Sun, 11/12/2017 - 15:33
SAN FRANCISCO (Reuters) - Uber Technolgies Inc's [UBER.UL] warring board members have struck a peace deal that would allow a multibillion-dollar investment by SoftBank Group Corp to proceed, and would resolve a legal battle between former Chief Executive Travis Kalanick and a prominent shareholder.

Former intelligence officials say Trump is being manipulated by Putin

Top Reuters News - Sun, 11/12/2017 - 13:08
WASHINGTON (Reuters) - Two former top U.S. intelligence officials said on Sunday they fear President Donald Trump is being manipulated by Russian President Vladimir Putin, after Trump said he believed Putin was sincere in denying Russian meddling in the 2016 election.

In grieving Texas town, faith sustains those left behind

Top Reuters News - Sun, 11/12/2017 - 12:47
SUTHERLAND SPRINGS, Texas (Reuters) - Joe Holcombe and his wife, Claryce, lost eight members of their family in the Texas church shooting last Sunday, including their son, grandchildren, a pregnant granddaughter-in-law and a great- granddaughter who was still a toddler. But they are serene.

In demanding Hariri's return, Lebanese find rare unity

Top Reuters News - Sun, 11/12/2017 - 12:01
BEIRUT (Reuters) - A country long divided by sectarian conflicts, Lebanon has found a rare point of unity since Saad al-Hariri's shock resignation as prime minister: Lebanese of all stripes want him to come back from Saudi Arabia and to continue his work as premier.

Merkel urges compromises as coalition talks enter final stretch

Top Reuters News - Sun, 11/12/2017 - 11:40
BERLIN (Reuters) - German Chancellor Angela Merkel on Sunday urged party leaders negotiating a tricky three-way coalition government to show more willingness to compromise, as support for her conservative bloc plunged to the lowest level in more than six years.

France frets over 'internal' threat two years after Paris attacks

Top Reuters News - Sun, 11/12/2017 - 10:48
PARIS (Reuters) - Two years after militants killed 130 people in coordinated attacks across Paris, French officials say there remains an unprecedented level of "internal" threat.

Gala glitz masks Asia's tensions as Trump winds up tour

Top Reuters News - Sun, 11/12/2017 - 10:17
MANILA (Reuters) - Leaders from across Asia joined U.S. President Donald Trump at an extravagant gala dinner in the Philippines' capital on Sunday, a show of amity in a region fraught with tensions that have lurked behind his marathon tour of the continent.

Support for Merkel's conservatives falls to 6-yr low ahead of crunch coalition talks

Top Reuters News - Sun, 11/12/2017 - 09:07
BERLIN (Reuters) - Support for Chancellor Angela Merkel's conservatives has fallen to the lowest level in more than six years, according to a poll on Sunday, as they prepare for more talks on a coalition deal with the environmentalist Greens and a pro-business party.

British ministers rally around Foreign Secretary Johnson over Iran

Top Reuters News - Sun, 11/12/2017 - 08:23
LONDON (Reuters) - British ministers rallied around Boris Johnson on Sunday, saying the foreign secretary was doing a "great job" and had no reason to resign over remarks that critics say may prompt Iran to extend the prison sentence of a jailed aid worker.

Israel signals free hand in Syria as U.S., Russia expand truce

Top Reuters News - Sun, 11/12/2017 - 07:12
JERUSALEM (Reuters) - Israel signaled on Sunday that it would keep up military strikes across its frontier with Syria to prevent any encroachment by Iranian-allied forces, even as the United States and Russia try to build up a ceasefire in the area.

South Africa's opposition asks court to force disclosure of Zuma's legal costs

Top Reuters News - Sun, 11/12/2017 - 07:10
JOHANNESBURG (Reuters) - South Africa's main opposition party said on Sunday it had asked the High Court to force President Jacob Zuma to disclose how much the state has spent on legal fees to fight corruption allegations against him.

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