The Gulf Intelligence
  • TORONTO (Reuters) - The driver accused of plowing a rental van into pedestrians in Toronto was charged with 10 counts of first-degree murder and 13 counts of attempted murder at his first court appearance on Tuesday, but his motive remained a mystery.

  • TORONTO (Reuters) - The suspect in a Toronto van attack that killed 10 people and injured 15 others on Monday attended a high school program for students with special needs where he would often walk the halls with his head down and hands tightly clasped, according to former classmates.

  • LOS ANGELES (Reuters) - The largest U.S. manager of prescription benefits is telling drugmakers that the current pricing model is broken, and taking aim at Amgen Inc and other makers of new migraine medicines to try and fix it.

  • BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday.

  • Wall Street lower as yields, Alphabet weighs

    Tue, 24 Apr 2018 10:47:32 -0400

    (Reuters) - U.S. stocks turned negative on Tuesday, weighed down by shares of Alphabet and 3M and as yield on the 10-year Treasury notes <US10YT=RR> rose to 3 percent for the first time in more than four years.

  • WASHINGTON (Reuters) - U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.

  • RIO DE JANEIRO(Reuters) - Leaders of Rio de Janeiro's heavily armed drug gangs agree on at least one thing with the head of Brazil's army: An ongoing military intervention cannot solve the soaring crime and violence that is roiling the seaside metropolis.

  • Coca-Cola sales surge after Diet Coke reboot

    Tue, 24 Apr 2018 10:43:46 -0400

    (Reuters) - Coca-Cola Co beat Wall Street estimates with quarterly results on Tuesday, citing more demand for Coke Zero Sugar and new flavors under its Diet Coke brand as overall revenue topped expectations by around $300 million.

  • Trump warns Iran against restarting nuclear program

    Tue, 24 Apr 2018 11:46:29 -0400

    WASHINGTON (Reuters) - U.S. President Donald Trump warned Iran on Tuesday not to follow through with threats to restart its nuclear program, as he and French President Emmanuel Macron struggled to find common ground on saving the 2015 Iran nuclear deal.

  • 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.