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Reuters: Top News
Fannie and Freddie shares dive, debt rallies
NEW YORK (Reuters) - Fannie Mae's and Freddie Mac's stocks took a dive while their debt soared Monday, as investors bet the U.S. government's takeover of the mortgage finance firms would wipe out shareholders but fully guarantee their bonds.
 Hurricane Ike weakens to Category 2 over Cuba
HAVANA (Reuters) - Hurricane Ike weakened on Monday as it raged through Cuba, where it blew off roofs, toppled trees and flattened sugar cane fields like a giant lawn mower on a path toward the U.S. oil hub in the Gulf of Mexico.
 U.S. drones kill 16 in missile attack in Pakistan
MIRANSHAH, Pakistan (Reuters) - Missiles fired by U.S. drones killed 16 people, including Pakistani and Afghan Taliban fighters, on Monday in a strike targeting a religious school founded by an old friend of Osama bin Laden, intelligence officials and Pakistani villagers said.
 McCain takes 4-point lead over Obama in poll
ALBUQUERQUE, New Mexico (Reuters) - Republican John McCain heads into the final stretch of the U.S. presidential campaign with a 4-point lead over Democrat Barack Obama, a USA Today/Gallup poll released on Sunday showed.
 Boeing strike impact to be felt globally
TOKYO/PARIS (Reuters) - Aerospace groups prepared for global disruption from a potentially lengthy strike at Boeing Co, as one of the planemaker's biggest outside suppliers lost no time in cutting production and working hours.
 Marines hand ex-Taliban stronghold to Afghans
KABUL (Reuters) - U.S. Marines handed over control of a former Taliban stronghold in southern Afghanistan to the Afghan army and their British mentors on Monday after killing more than 400 militants in a four-month operation, the NATO-led force said.
 Russia says to send nuclear warship to Caribbean
MOSCOW (Reuters) - Russia said on Monday it would send a heavily-armed nuclear-powered cruiser to the Caribbean for a joint naval exercise with Venezuela, its first major maneuvers on the United States' doorstep since the Cold War.
 Bulgaria casts doubt on London "poisoned umbrella" killing
SOFIA (Reuters) - Bulgaria is closing its probe into a Cold War killing, the murder of dissident Georgi Markov in London, but an investigator said no evidence existed to back up the theory that he was stabbed with a poison-tipped umbrella.
 Sarkozy urges compliance with Georgia ceasefire
MEIENDORF CASTLE, Russia - (Reuters) - French President Nicolas Sarkozy urged Russia on Monday to comply with a ceasefire agreement which Western governments say obliges Moscow to pull out troops that are still deep inside Georgia.
 South Asia flood victims plead for food, safe water
PATNA, India (Reuters) - Hungry villagers pleaded with authorities to rescue them from flooded homes in eastern India on Monday, as devastating floods continued to haunt millions in South Asia.
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