USDA to expand testing to reduce E. coli in beef
The U.S. Agriculture Department said on Friday it will increase testing parts of steaks and other meat cuts used to make ground beef as the government steps up efforts to reduce the spread of E. coli bacteria in food.
Gorillas may be a source of AIDS, researchers find
A woman from Cameroon has been found to be infected with an AIDS-like virus that came from gorillas, French researchers reported Sunday.
China seals off town after plague kills two
China has sealed off a remote far-western town of 10,000 people after two people died of pneumonic plague, state media said Monday, but the World Health Organization said such outbreaks were nothing new.
Immune cells cause more post-stroke brain damage: study
Scientists have identified a class of immune cells that floods the brain soon after a stroke, causing inflammation and more neurological damage.
Experts find new targets to stop breast cancer
One of the most aggressive forms of breast cancer may originate in the cells lining the mammary ducts, which can be targeted in the fight against the disease, experts in Australia say.
Manufacturing shrinks less in July than June
A widely followed nationwide index on U.S. manufacturing could show the sector back on a growth path when the next report comes out in early September.
Panasonic Q1 loss beats consensus, ups H1 outlook
Japan's Panasonic Corp reported a smaller-than-expected quarterly loss and sharply lifted its half-year outlook as it cuts costs to cope with a firmer yen and steep price falls in flat TVs.
GM says July China vehicle sales up 77.7 percent on year
General Motors Co said on Monday its China vehicles sales in July jumped 77.7 percent from a year earlier, extending an uninterrupted series of single month sales records since January.
Daily Forex Commentary-3 August 2009
The Australian Dollar opens higher on Monday at 0.8355 after signs emerged on Friday night that the economic decline in the United States is moderating therefore reducing the allure of the greenback as a safe haven.
China says Uighur leader's children condemn mother
China ratcheted up pressure on exiled Uighur activist Rebiya Kadeer on Monday, saying two of her children and her brother had written letters condemning their mother for orchestrating last month's ethnic riots.
EU affirms tough antitrust stand with Microsoft case
Microsoft's offer to settle a decade-long battle with EU antitrust regulators cements the European Commission's reputation as one of the world's toughest watchdogs and could force other firms to follow its example.
Somali pirates free Malaysian tug after ransom
Somali pirates have released a Malaysian-owned tugboat that had been held for more than seven months and its 11 Indonesian crew after a ransom was paid, a maritime official said.
India's JSW hikes flat steel prices, lowers longs
India's third-largest steel maker JSW Steel has raised flat steel prices, but lowered prices of long products, a senior company official said on Monday.
Roadside bomb kills 12 in Afghanistan's west
A roadside bomb attack claimed by the Taliban killed at least 12 people in a key commercial city in western Afghanistan Monday, officials said, amid worsening security before a presidential poll this month.
Vale workers strike at Canada Voisey Bay mine
Some of the workers at the Voisey's Bay nickel mine in Canada, run by Brazilian mining company Vale, began planned strike action on Saturday over work conditions, the company said on Monday.
Obama administration hopeful on clunker extension
The Obama administration was optimistic on Sunday that the U.S. Senate would extend the federal cash for clunkers auto sales program, but warned the incentive would be suspended at midweek without new funding.
Nigeria's Oando seeks 200 bln naira for expansion
Nigeria's top fuel retailer and gas distributor Oando Plc plans to raise 200 billion naira ($1.3 billion) through debt and equity over the next two years to expand its business, a senior executive said on Monday.
Savient plunges after FDA declines gout drug approval
Shares of Savient Pharmaceuticals Inc fell 36 percent on Monday, a day after U.S. regulators declined to approve its experimental gout drug Krystexxa.
Al Qaeda's Zawahri says wipe Israel from the map
Al Qaeda's second-in-command Ayman al-Zawahri said Israel should be wiped off the map and described the Jewish state as a crime against Muslims.
Qaeda tells Obama conditional truce offer stands
Al Qaeda's second-in-command Ayman al-Zawahri said an offer the militant group made to the previous U.S. administration of a conditional truce is still on the table for President Barack Obama.
CORPORATE ASIA SNAPSHOT-Markets up, earnings solid
Asian corporate earnings have shown signs of improvement, stock markets have rallied hard and fund raising activity has picked up, but the tone from company executives remains cautious.
What is plague and what are its various forms?
China has sealed off a remote western town of 10,000 people after two people died of pneumonic plague.
Wall St rises on resources, banks, data
U.S. stocks extended gains on Monday, pushing major indexes up 1 percent as investors snapped up shares of natural resource companies and banks after fresh data pointed to signs of economic stabilization.
China eyes health care cure to rebalance economy
Guo Yonggang from Xian in western China suffered serious spinal injuries last year in an accident while driving an agricultural vehicle.
Bharti and MTN extend M&A talks
India's Bharti Airtel and South Africa's MTN Group extended talks to combine their operations to create the world's third-largest mobile operator and analysts said Bharti might need to sweeten its offer to clinch the deal.
New Suncor sees capex cuts of C$1 billion a year
Suncor Energy Inc, which completed its C$22.5 billion ($20.8 billion) acquisition of Petro-Canada on Saturday said on Monday the deal was expected to reduce annual capital expenditures by C$1 billion.
Iran leader approves Ahmadinejad's second term
Iran's Supreme Leader endorsed the presidency of Mahmoud Ahmadinejad in a ceremony boycotted by leading moderates in protest at a disputed poll that plunged Iran into its worst crisis since the 1979 Islamic Revolution.
Hicks to buy Resolute Natural, take it public
Hicks Acquisition Co will buy Resolute Natural Resources Co and take the oil and natural gas producer public in a deal worth about $582 million, the companies said on Monday.
Humana quarterly profit rises, helped by Medicare
Health insurer Humana Inc posted a 34 percent rise in second-quarter profit on Monday, topping estimates, as an improved performance in its Medicare plans for the elderly offset a decline in earnings from its commercial business serving employers.
Merck vaccines chief to step down November 1
Merck & Co's vaccines chief, Margie McGlynn, who oversaw the launch of its Gardasil cervical cancer vaccine among other products, will step down on November 1, a company spokeswoman said on Monday.