Other News

Asia follows Wall St. higher, euro probes lows

By Shinichi Saoshiro TOKYO Wed Jul 16, 2014 9:54pm EDT (Reuters) – Asian equities gained early on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid market speculation the U.S. Federal Reserve is tilting toward tighter monetary policy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.15 percent. Tokyo’s Nikkei gained 0.3 percent. The Dow closed at a record high overnight, boosted by merger […]

LPA in Mindanao

According to the PAGASA, Glenda is well on its way to depart from the Philippine area of responsibility but a new low-pressure area was spotted and will enter the Philippine area of responsibility within 24 hours. The habagat continues to affect the country.

Stevie Wonder blends hits at Montreux for Quincy Jones

By Stephanie Nebehay MONTREUX Switzerland Wed Jul 16, 2014 9:25pm EDT (Reuters) – Motown legend Stevie Wonder gave a soulful two-hour concert at the Montreux Jazz Festival on Wednesday night, blending his hits with covers of the Beatles and Michael Jackson for an audience that included producer Quincy Jones. The African-American singer and songwriter, wearing lime green sunglasses and braids down to his waist, headlined the 48th edition of the prestigious Swiss festival, fulfilling a […]

Tennis-Serena Williams heads women’s field for U.S. Open

Wed Jul 16, 2014 6:41pm EDT (Reuters) – World number one Serena Williams, coming off a surprise third round loss at Wimbledon, heads the women’s field for the U.S. Open, which starts in New York in late August. Players from 36 countries are represented, the U.S. Tennis Association announced on Wednesday, with two-time defending champion Williams heading an 11-strong American contingent for the Aug. 25-Sept. 8 event. Williams has five U.S. Open crowns, just one […]

Gene therapy creates ‘biological pacemaker’ cells for the heart

By Will Dunham WASHINGTON Wed Jul 16, 2014 2:03pm EDT (Reuters) – Researchers have succeeded in turning ordinary cardiac muscle cells into specialized ones that deliver a steady heartbeat using a gene therapy procedure they predict could become an alternative to implanted electronic pacemakers. A study published on Wednesday involved pigs with a condition called heart block that makes their hearts beat too slowly. By injecting a human gene into a tiny region of the […]

Explosions, gunfire heard near Kabul airport: Reuters witness

By Mirwais Harooni and Abdul Saboor KABUL Wed Jul 16, 2014 9:37pm EDT (Reuters) – Explosions and bursts of gunfire were heard near Kabul International Airport in the Afghan capital after dawn on Thursday and black smoke rose above the facility, which is used by civilians and the military. The attack on the airport comes at a time of great uncertainty for Afghanistan as votes from the second round of a disputed presidential election are […]

U.S. hits oil giant Rosneft, other firms with toughest Russia sanctions

By Anna Yukhananov and Steve Holland WASHINGTON Wed Jul 16, 2014 9:26pm EDT (Reuters) – President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia’s largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties. Obama’s latest round of sanctions came after close consultations with European leaders, who announced a less-ambitious package. The ultimate impact of the U.S. […]

Typhoon kills at least 20 in the Philippines, heads towards China

(Reuters) – Financial markets are set to reopen in the Philippines on Thursday as residents clear debris and authorities work to restore power after a typhoon churned across the Southeast Asian country, killing at least 20 people. Typhoon Rammasun, the strongest storm to hit the Philippines this year, is heading towards China after cutting a path across the main island of Luzon, shutting down the capital and knocking down trees and power lines, causing widespread […]

U.S. imposes toughest sanctions yet on Russia over Ukraine

(Reuters) – U.S. President Barack Obama on Wednesday announced the most wide-ranging sanctions yet on the Russian economy, targeting key institutions including Gazprombank and Rosneft Oil Co, as well as other energy and defense companies. Washington has steadily escalated its financial sanctions on Russia over what it views as Moscow’s interference in its neighbor Ukraine and its annexation of the Crimea region. Obama said the United States could impose further sanctions if Russia did not […]