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Updated: 2 hours 29 min ago

Record U.S. oil offshore lease sale to test Trump energy push

Wed, 03/21/2018 - 8:03am
(Reuters) - The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration.

Designed in California, made in China: how the iPhone skews U.S. trade deficit

Wed, 03/21/2018 - 8:02am
SHANGHAI (Reuters) - U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus with the United States. But a closer look at the Apple smartphone reveals how the headline figure is distorted.

Special Report: This man is trying to rebuild Mosul. He needs help - lots of it

Wed, 03/21/2018 - 6:45am
MOSUL, Iraq (Reuters) - Perched atop a mound of rubble, Abdelsattar al-Hibbu surveyed what remained of his second-floor office: twisted iron and centuries-old stone reduced to dust by an airstrike.

Bayer wins EU approval for $62.5 billion Monsanto buy

Wed, 03/21/2018 - 5:49am
BRUSSELS (Reuters) - German conglomerate Bayer won EU antitrust approval on Wednesday for its $62.5 billion buy of U.S. peer Monsanto, the last of a trio of mega mergers that will reshape the agrochemicals industry.

Suicide bomber kills at least 26 near shrine in Afghan capital

Wed, 03/21/2018 - 5:39am
KABUL (Reuters) - A suicide bomber blew himself up near a Shi'ite shrine in Kabul on Wednesday, killing at least 26 people and wounding 18, officials said, as the Afghan capital celebrated the Nawruz holiday marking the start of the Persian new year.

Texas bomber suspect kills self as police close in, officials say

Wed, 03/21/2018 - 5:35am
AUSTIN, Texas (Reuters) - A 24-year-old man suspected of a series of deadly bombings around Austin, Texas, blew himself up early on Wednesday as police closed in on him, police officials said.

Israel admits bombing suspected Syrian nuclear reactor in 2007, warns Iran

Wed, 03/21/2018 - 4:21am
JERUSALEM (Reuters) - Israel for the first time admitted that it bombed a suspected Syrian nuclear reactor in 2007 and said on Wednesday the strike should be a warning to Iran that it would not be allowed to develop nuclear weapons.

France's Sarkozy faces second day of questioning in Gaddafi funds case

Wed, 03/21/2018 - 2:59am
PARIS (Reuters) - France's Nicolas Sarkozy faced a second day of questioning on Wednesday by investigators looking into allegations that his 2007 election campaign had received funds from late Libyan leader Muammar Gaddafi.

Academic behind Facebook breach says he is a 'scapegoat': BBC

Wed, 03/21/2018 - 2:55am
LONDON (Reuters) - A Cambridge University academic who harvested data on millions of Facebook users said he has been made a scapegoat by the social network and a UK-based political consultancy that is accused of trying to sway public opinion for Donald Trump.

Reuters reporters in court 100 days after their arrest in Myanmar

Wed, 03/21/2018 - 2:44am
YANGON (Reuters) - Two Reuters reporters appeared in a Myanmar court for the 11th time on Wednesday, which marked 100 days since they were arrested in December and accused of possessing secret government papers.

Israel goes public on 2007 destruction of suspected Syrian reactor, warns region

Wed, 03/21/2018 - 2:39am
JERUSALEM (Reuters) - Israel for the first time confirmed that it bombed a suspected Syrian nuclear reactor in 2007, saying on Wednesday that the strike removed a major threat to Israel and the region and was a "message" to others.

China stays on the sidelines as Venezuela spirals downward

Wed, 03/21/2018 - 2:04am
CARACAS/BEIJING (Reuters) - China is likely to extend an agreement providing crisis-stricken Venezuela with favorable loans repayment terms but will not lend fresh funds to President Nicolas Maduro's government, according to sources in Caracas and Beijing familiar with the situation.

Democratic Rep. Lipinski wins Illinois congressional primary: AP

Wed, 03/21/2018 - 1:49am
CHICAGO (Reuters) - Democratic Representative Dan Lipinski held off a stiff challenge from businesswoman Marie Newman to win a nationally watched congressional primary in Illinois, the Associated Press reported on Wednesday.

Powell's Fed likely to raise rates, may upgrade 2018 outlook

Wed, 03/21/2018 - 12:20am
WASHINGTON (Reuters) - The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust U.S. economy.

Exclusive: Kaspersky Lab plans Swiss data center to combat spying allegations - documents

Wed, 03/21/2018 - 12:18am
MOSCOW/TORONTO (Reuters) - Moscow-based Kaspersky Lab plans to open a data center in Switzerland to address Western government concerns that Russia exploits its anti-virus software to spy on customers, according to internal documents seen by Reuters.

Israel formally acknowledges destroying suspected Syrian reactor in 2007

Tue, 03/20/2018 - 11:56pm
JERUSALEM (Reuters) - The Israeli military formally acknowledged on Wednesday its destruction of a suspected Syrian nuclear reactor in 2007, saying the air strike removed a major threat to Israel and the region and was a "message" to others.

Sixth Texas parcel bomb leaves U.S. investigators baffled

Tue, 03/20/2018 - 11:51pm
AUSTIN/SCHERTZ, Texas (Reuters) - A parcel packed with nails and shrapnel blew up on Tuesday at a FedEx Corp center near San Antonio, Texas, injuring a worker, before a second booby-trapped package was intercepted in Austin - the latest in a chain of bombings that have killed two people.

Despite warning signs, Trump says Republicans can keep House

Tue, 03/20/2018 - 11:33pm
WASHINGTON (Reuters) - Despite signs that Democrats are in a strong position, U.S. President Donald Trump vowed on Tuesday to beat expectations and keep the House of Representatives in Republican control in the mid-term elections in November.

Caution creeps into Asian trading ahead of Fed decision

Tue, 03/20/2018 - 10:44pm
SYDNEY (Reuters) - A hush settled over financial markets on Wednesday as investors anticipated a quarter point hike in the Federal Reserve's policy rate and awaited guidance on how many more to expect this year, while trade war fears kept export nations' currencies on edge.

Explosion in Austin, Texas, injures man: officials

Tue, 03/20/2018 - 8:55pm
(Reuters) - An explosion injured a man in his 30s on Tuesday evening in Austin, Texas, the same day law officials said all six previous explosive devices found in the city are connected.