Month

October 2015

All posts published in October 2015

336 posts

Dane Olesen seals Dunhill Links triumph

LONDON Denmark’s Thorbjorn Olesen kept his nerve to win the Alfred Dunhill Links Championship by two strokes at St Andrews on Sunday and ease the pain of narrowly missing out in 2012. Olesen, who recorded his third European Tour victory, led by three shots goi... More »

Supreme Court tackles hot social issues as 2016 election looms

WASHINGTON The nine justices of the U.S. Supreme Court are set to wade into contentious social matters in their new term beginning on Monday including affirmative action, union powers and voting rights, and could add major cases involving abortion and birth co... More »

Opening of Abu Dhabi’s Louvre pushed back to 2016

ABU DHABI The opening of Abu Dhabi’s branch of the iconic Louvre museum has been postponed until next year because building work still needs doing, a senior official said on Saturday, the latest delay to the high-profile project. The museum was originally sche... More »

Bitcoin flounders in Australia as regulatory worries bite

SYDNEY Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency’s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australi... More »

Clinton gets endorsement of largest U.S. labor union

U.S. Democratic presidential front-runner Hillary Clinton, who has been vying with challenger Bernie Sanders for the support of organized labor, scored a win on Saturday with an endorsement from the National Education Association, a huge teachers union. The NE... More »

Incomplete transport policies, payment for risky births in U.S.

(Reuters Health) – U.S. states need better policies for transporting high-risk pregnant women and newborns to the specialized care they need – and then back to their local hospitals for continuing care, researchers say. Focusing on transportation policies as a... More »

Obama urges Congress to fund government, Republicans quarrel

WASHINGTON President Barack Obama on Friday urged the U.S. Congress to take steps soon to fund the federal government in 2016 and raise its nearly exhausted borrowing authority, but acknowledged that Republican political turmoil in Congress will complicate tha... More »

Canada politician mistakes Bank of England governor for actor

OTTAWA One of the world’s most famous central bank chiefs, Bank of England Governor Mark Carney, briefly became the late American actor Art Carney during a Canadian election debate on Friday. Gilles Duceppe, leader of the separatist Bloc Quebecois party, refer... More »

Pimco fund posts $2.3 billion net outflows in September

Investors pulled $2.3 billion in assets from Pacific Investment Management Co’s flagship fund in September, up from $1.8 billion the previous month, as market sentiment soured over persisting concerns of the impact of Chinese slowdown on the global economy and... More »

Bye bye Google, hello Alphabet

Google Inc has morphed into Alphabet Inc. After U.S. markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google’s search and Web advertising businesses, maps, YouTube and its “moonshot” ventures such as driverless ... More »

Exercise eases knee osteoarthritis, temporarily

(Reuters Health) – A therapeutic program of weight-bearing exercise reduces pain and improves joint function, at least for two to six months, for people with osteoarthritis, according to a review of previous trials. “We had a systematic review for Cochrane fro... More »

Women are missing from HIV drug trials

(Reuters Health) – Although women make up roughly half of the world’s HIV cases, they remain largely excluded from clinical trials testing drugs, vaccines and potential cures for the virus, a research review confirms. In an analysis spanning several decades th... More »

Bad data but at least we’ve got the Fed: James Saft

The U.S. jobs data were a bust, China remains a threat, the Fed won’t hike until, well, don’t ask, and bad news is good news for the stock market once again. Stocks plunged and then rallied back to gains on Friday after payrolls data showed not just declining ... More »

FDA expands approval of Merck’s Keytruda to lung cancer

The U.S. Food and Drug Administration on Friday approved Merck & Co Inc’s immunotherapy, Keytruda, for patients with the most common form of lung cancer whose tumors produce a specific biological marker. The FDA approval for Keytruda in advanced non-small cell... More »

Tesla’s Musk says sedan sales strong tied to SUV launch event

NEW YORK Tesla Motors Inc (TSLA.O) saw strong orders of its Model S sedan tied to the launch of its sports utility vehicle, relieving some concerns that the larger car might siphon away sales, Chief Executive Officer Elon Musk said on Friday. Earlier this week... More »

Loud noise exposure linked to heart disease risk

(Reuters Health) – People with long-term exposure to loud noise at work or in leisure activities may be at increased risk of heart disease, a U.S. study finds. Researchers found the strongest link in working-age people with high-frequency hearing loss, which i... More »

Big gulp: feeding strategy of blue whales revealed

WASHINGTON The blue whale is the largest creature on Earth and perhaps the biggest that ever lived, so it is no surprise it has a huge appetite. But the strategies this behemoth uses to get enough food has not been well understood – until now. Scientists said ... More »

Sam Smith’s ‘James Bond’ theme tune tops UK charts

LONDON British singer Sam Smith went straight to number one in the UK pop charts on Friday with “Writing’s On The Wall”, the theme song to the upcoming James Bond film “Spectre”, making it the first title track for a 007 movie to be a chart-topper. The song kn... More »

RBC leads rise in Canadian equity issues despite choppy markets

TORONTO Royal Bank of Canada led a rise in the value of Canadian equity issues for the first nine months of 2015, overcoming a slowdown in the third quarter due to increased choppiness in equity markets. Equity financings rose to C$36 billion ($27.23 billion) ... More »

General Electric producing science fiction podcast series

In a sign that what is old is new again, U.S. conglomerate General Electric Co is producing its own science fiction podcast series in an effort to raise its profile among a younger, tech-savvy audience. GE, in partnership with The Slate Group’s podcast network... More »

Fed spurs borrowing, savings strategies

Now that the U.S. Federal Reserve has held back again on interest rates, advisers are taking advantage of attractive financing options before that window begins to close. Mortgaging property when rates are low is well-known advice. But unprecedented transparen... More »

Millions of T-Mobile customers exposed in Experian breach

Experian Plc (EXPN.L), the world’s biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15 million people who applied for service with T-Mobile US Inc (TMUS.N). Connecticut’s attorney... More »

Square could take hit on IPO with Jack Dorsey leading Twitter

SAN FRANCISCO The much anticipated initial public offering from Silicon Valley payments company Square could take a price hit if its chief executive, Jack Dorsey, takes a second and possibly more demanding job: running Twitter. A distracted CEO juggling two co... More »

Dish affiliates surrender some spectrum licenses: FCC official

Dish Network Corp’s affiliates on Thursday surrendered 197 spectrum licenses to the U.S. government after they were held ineligible for $3.3 billion in small-business discounts earlier this year, according to a senior U.S Federal Communications Commission offi... More »

Double trouble: asteroid, volcanoes implicated in dinosaur doom

WASHINGTON It was a combination of calamities – an asteroid strike followed by vast volcanic eruptions half a world away – that doomed the dinosaurs and many other creatures 66 million years ago. That is the conclusion of scientists who said on Thursday they h... More »

Ozzie the eagle dead after live-streamed lovers duel in Florida

ORLANDO, Fla. A love triangle between bald eagles that played out before thousands of fans on a live webcam has ended badly in Florida with the death of Ozzie, longtime mate of Harriet, according to a Florida wildlife clinic. Ozzie was critically wounded on Se... More »

Global economy loses steam as Chinese, European factories falter

BENGALURU/LONDON World economic growth lost momentum in September, with China’s factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady. The latest business surveys across Asia, Europe and the Americas paint a gloomier ... More »