Top News Exclusive: McDonald's to keep minority stake in China, Hong Kong stores - source 2016-12-06T10:00:27.000000Z HONG KONG (Reuters) - McDonald's Corp is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake in the business," a person with direct knowledge of the plans said on Tuesday. France's Hollande names Cazeneuve PM as Valls prepares election bid 2016-12-06T09:59:13.000000Z PARIS (Reuters) - French President Francois Hollande on Tuesday named Interior Minister Bernard Cazeneuve to head his Socialist government until a new president is elected next May. Oil dips as OPEC, Russian output rises ahead of production cut 2016-12-06T09:56:04.000000Z LONDON (Reuters) - Oil prices slipped on Tuesday as crude output rose in virtually every major export region despite plans by OPEC and Russia to cut production, triggering fears that a fuel glut that has dogged markets for over two years might last well into 2017. Iraqi troops push towards central Mosul from southeast 2016-12-06T09:47:52.000000Z BAGHDAD (Reuters) - Iraqi army units launched a fresh assault in southeast Mosul on Tuesday and a senior commander was quoted as saying an armored division had advanced to within less than a mile (1.5 km) of the Tigris River running through the city center. Rouhani says Iran will not let Trump rip up nuclear deal 2016-12-06T09:13:56.000000Z BEIRUT (Reuters) - Iran's President Hassan Rouhani said on Tuesday he would not let U.S. President-elect Donald Trump rip up a global nuclear deal, warning of unspecified repercussions if Washington reneges on the agreement. U.S. seeks to reassure Beijing after Trump call with Taiwan leader 2016-12-06T08:58:52.000000Z WASHINGTON/BEIJING (Reuters) - The White House said on Monday it had sought to reassure China after President-elect Donald Trump's phone call with Taiwan's leader last week, which the Obama administration warned could undermine progress in relations with Beijing. Security raised at L.A. rail line after threat warning from foreign country 2016-12-06T08:54:59.000000Z LOS ANGELES (Reuters) - Federal and Los Angeles officials said on Monday they had been alerted by authorities in another country to a "specific" threat against the city's Red Line commuter rail system, prompting them to beef up security and alert the public. Death toll rises to 36 from California warehouse inferno 2016-12-06T07:38:06.000000Z OAKLAND, Calif. (Reuters) - The death toll rose to 36 on Monday from a blaze that engulfed a converted warehouse during a dance party in Oakland, California, the greatest loss of life from a U.S. fire in over a decade, as searchers sifted charred ruins being treated as a crime scene. Apple Watch sales to consumers set record in holiday week, says Apple's Cook 2016-12-06T05:30:31.000000Z SAN FRANCISCO (Reuters) - Sales of the Apple Watch to consumers set a record during the first week of holiday shopping, and the current quarter is on track to be the best ever for the product, Apple Inc Chief Executive Tim Cook told Reuters. Trump, ex-Vice President Gore meet to talk climate policy 2016-12-06T02:41:32.000000Z NEW YORK/WASHINGTON (Reuters) - Former U.S. Vice President Al Gore, a leading voice in the fight against climate change, and Donald Trump, who at one point called it a hoax, met on Monday in what Gore called a "productive" session.