HAVANA (Reuters) - Cuban President Raul Castro announced on Sunday he will step down from power after his second term ends in 2018, and the new parliament named a 52-year-old rising star to become his first vice president and most visible successor. "This will be my last term," Castro, 81, said shortly after the National Assembly elected him to a second five-year tenure. ...
High risks for Obama in new spending fight
Label: Technology WASHINGTON: Barack Obama may have the upper hand against Republicans in a high-risk new spending showdown, but a drawn-out clash would likely damage the economy and put his presidential legacy on the line.The United States is just five days from its latest self-inflicted flirt with economic disaster -- an $85 billion hit from automatic and indiscriminate spending cuts -- but no one is...
Hyderabad blasts could be a reaction to Kasab, Afzal execution: Shinde
Label: LifestyleKOLKATA: Union home minister Sushilkumar Shinde said the twin blasts in Hyderabad could be a "reaction" to the hanging of Parliament attack convict Afzal Guru and Mumbai attack convict Ajmal Kasab.Shinde said the government was apprehending some sort of reaction from terror groups following execution of the lone surviving Pakistani gunman in the 2008 Mumbai attack and Afzal and it had been issuing...
FDA approves new targeted breast cancer drug
Label: HealthWASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
Oscars 2013: Live Blog of the Academy Awards
Label: Business Feb 24, 2013 1:13pm 11:55 p.m. ET: Drum roll please! And the Oscar for Best Picture goes to “Argo.”11: 52 p.m. ET: Surprise! The Academy brings out first lady Michelle Obama to help Jack Nicholson introduce the nominees for Best Picture. 11:44 p.m. ET: Daniel Day-Lewis wins Best Actor, as expected for his portrayal of Abe Lincoln in “Lincoln.” Lewis cracks a joke in his acceptance...
Feb
23
Italians head to polls in crucial vote for euro zone
Label: WorldROME (Reuters) - Italians vote on Sunday in one of the most closely watched elections in years with markets nervous about whether it will produce a strong government to pull Italy out of recession and help resolve the euro zone debt crisis. A huge final rally by anti-establishment-comedian-turned-politician Beppe Grillo on Friday before a campaigning ban kicked in has highlighted public...
MPs, businesses hope Budget will address cost of living, labour crunch
Label: Technology SINGAPORE: Ahead of the delivery of Singapore's Budget on Monday, cost of living and labour crunch are among some issues MPs and businesses hope will be addressed.Several MPs Channel NewsAsia spoke to said that a key concern especially amongst the sandwiched class is the cost of living in the country.As for the elderly residents, they are concerned about healthcare costs, said the MPs.On...
300% rise in suspicious terror financing cases: Report
Label: Lifestyle NEW DELHI: Over 1,400 instances of terror financing in country's economic channels were red-flagged by intelligence and security agencies last year, a latest report of the finance ministry says, marking a 300% jump in such suspicious transactions. The Financial Intelligence Unit (FIU), which functions under the ministry, has reported that it had received 1,444 reports during 2011-12 from agencies...
FDA approves new targeted breast cancer drug
Label: HealthWASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
Las Vegas Strip Shooting Suspect ID'd
Label: Business Las Vegas police identified a suspect today in a shooting on the strip that caused a Maserati to hit a taxi and burst into flames, killing three people.Ammar Harris, 26, has been named a suspect in the Thursday skirmish that killed three people, including rapper Kenny Clutch.The altercation between Harris and Clutch, 27, whose legal name was Kenneth Cherry Jr., is believed to...
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