Pfizer's $11 billion buyback plan deflates AstraZeneca bid hopes
LONDON/NEW YORK (Reuters) - U.S. drugmaker Pfizer is to continue buying back stock, with the board authorizing a new $11 billion share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca. Shares in AstraZeneca fell 1.2 percent by 0800 GMT on Friday following the news. The largest American pharmaceuticals company, whose shares gained more than 1 percent after the announcement late on Thursday, said the move was in addition to the $1.3 billion remaining on its current share buyback program. ...
10/24/2014 - 04:11 PM
Doctor with Ebola in Manhattan hospital after return from Guinea
By Ellen Wulfhorst and Sebastien Malo NEW YORK (Reuters) - A doctor who worked in West Africa with Ebola patients was in an isolation unit in New York on Friday after testing positive for the deadly virus, becoming the fourth person diagnosed with the disease in the United States and the first in its largest city. The worst Ebola outbreak on record has killed at least 4,900 people and perhaps as many as 15,000, mostly in Liberia, Sierra Leone and Guinea, according to World Health Organization figures. ...
10/24/2014 - 04:07 PM
Poland's Tusk denies claim on partition offer
WARSAW, Poland (AP) — Poland's former prime minister, Donald Tusk, denied Friday that Russian President Vladimir Putin suggested that their two nations carve up Ukraine.
10/24/2014 - 04:06 PM
California startup unveils gun technology for cops
WATSONVILLE, Calif. (AP) — A Silicon Valley startup has developed technology to let dispatchers know when a police officer's weapon has been fired.
10/24/2014 - 04:04 PM
Hagan and Tillis in a battle of 'extremes' in NC
RALEIGH, N.C. (AP) — North Carolina's Senate race boils down to a battle of extremes. At least that's how Democratic Sen. Kay Hagan and Republican challenger Thom Tillis want voters to see it.
10/24/2014 - 04:02 PM
Germany's BASF warns on profits and shares drop
BERLIN (AP) — Chemical and oil company BASF is warning that its profits will come in below its previous forecast in the wake of slower global economic growth and industrial production.
10/24/2014 - 03:55 PM
Sweden calls off hunt for suspected submarine
Sweden called off early Friday the hunt for a suspected submarine that sparked one of the largest mobilisation of the Nordic country's naval forces since the end of the Cold War. "At 8:00 am (0600 GMT) Friday morning, the main part of the maritime intelligence operation which had been underway in the Stockholm archipelago since the previous Friday was concluded," the armed forces said in a statement. The defence forces will hold a briefing later Friday to describe its conclusion from the week-long search in waters near the Swedish capital in what media speculated was a hunt for a Russian submarine. Reports last week of a "man-made object" in the water set off a search operation involving battleships, minesweepers, helicopters and more than 200 troops scouring an area about 30 to 60 kilometres (20 to 40 miles) from Stockholm.
10/24/2014 - 03:55 PM
Official cites 'epidemic of fear' in US
WASHINGTON (AP) — The likelihood of a significant outbreak of Ebola in the U.S. is remote, in the view of a top Health and Human Services official who is assuring lawmakers that government agencies are preparing for any contingency.
10/24/2014 - 03:49 PM
The desperate struggle of Pakistan's polio 'martyrs'
Nadia Khan treasures two photos of her sister Sumbal: one showing her bright-eyed and smiling, the other blank-faced in death after she was gunned down by militants, a "martyr" in Pakistan's desperate fight against polio.
10/24/2014 - 03:48 PM
Despite dry spell, N. Korea farms see good harvest
PYONGYANG, North Korea (AP) — Providing enough food to feed the nation is always a struggle for North Korea. But it looks like the residents of Pyongyang won't be lacking for cabbage and vegetables come next month, when the crops will be harvested.
10/24/2014 - 03:40 PM
Special Report: Why Madrid's poor fear Goldman Sachs and Blackstone
By Sonya Dowsett Madrid (Reuters) - Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same. But as old contracts expire, dozens of people have received demands for higher rent, been told their rents will increase dramatically, been threatened with eviction or moved out to escape the insecurity. Thousands of Spain’s poor now depend for their homes on the generosity of private equity. Jamila Bouzelmat is one of ...
10/24/2014 - 03:32 PM
How Spain’s social housing imploded
(Reuters) - Social housing in Spain is not generous. Rented social housing makes up just 2 percent of all residential property compared with 18 percent in Britain and 17 percent in France, according to the European Federation of Public, Cooperative and Social Housing. The country’s investment in social housing is just 0.79 percent of Gross Domestic Product, about half the European average, according to Human Rights Watch. Rather than offer subsidies to help people rent cheaply, Spain’s government has focused on helping people to buy. ...
10/24/2014 - 03:32 PM
Cash aid for refugees succeeds despite donors' doubts
By Oliver Holmes BEIRUT (Reuters) - For decades, aid groups have assumed they know what's best for refugees and the poor; a growing body of evidence suggests they're wrong. Both academic research and practical experience, such as with the mass of Syrians fleeing civil war, shows that simply handing out traditional relief goods may not be the most effective way of helping the dispossessed. Aid agencies are tentatively also giving away cash and letting refugees decide for themselves what they need. ...
10/24/2014 - 03:23 PM
Paintings in national parks spark probe, furor
SALT LAKE CITY (AP) — A series of colorful, eerie faces painted on rocks in some of the West's most famously picturesque landscapes has sparked an investigation by the National Park Service and a furor online.
10/24/2014 - 03:21 PM
Marine murder case reveals US-Philippine sore spot
MANILA, Philippines (AP) — American forces are guarding Marine Pfc. Joseph Scott Pemberton, yet a ring of Filipino troops surrounds them. The seemingly redundant security effort around the suspect in a Philippine murder case reflects Manila's uneasy ties with Washington, its former colonial master.
10/24/2014 - 03:21 PM
Nigeria pledges 600 volunteers as Africa steps up Ebola fight
By Felix Onuah and Umaru Fofana ABUJA/FREETOWN (Reuters) - Nigeria pledged on Thursday to send a contingent of 600 volunteers to help fight the worst ever outbreak of Ebola on record which has killed nearly 5,000 people in West Africa. With financial pledges flowing in from around the world but trained doctors and nurses scarce in the three worst effected countries -- Liberia, Guinea and Sierra Leone, the African Union appealed last week to member states to urgently fill the gap. ...
10/24/2014 - 03:20 PM
Navajo high court orders election postponed
FLAGSTAFF, Ariz. (AP) — The top court on the largest American Indian reservation ordered tribal election officials to postpone the Navajo Nation's presidential election and immediately reprint ballots without the name of a candidate who was disqualified in a language fluency case.
10/24/2014 - 03:20 PM
Zimbabwe's first lady says Mugabe's deputy should resign
By MacDonald Dzirutwe HARARE (Reuters) - Zimbabwe's First Lady Grace Mugabe said on Thursday deputy president Joice Mujuru, potential successor to her 90-year-old husband Robert Mugabe, should resign, in an attack likely to widen divisions in the ruling party. Grace, leader of the women's wing of Mugabe's ZANU-PF party, has accused Mujuru of betraying the president by mobilising support for a possible challenge for the party leadership at a December congress. Mujuru - Mugabe's deputy for the last 10 years - has not responded to the attacks. ...
10/24/2014 - 03:19 PM
Police pay Â£425,000 to mother of spy's child
London (AFP) - Police are to pay compensation to woman who had a child with a man she did not know was an undercover agent, the Guardian and BBC reported.
10/24/2014 - 03:19 PM
With gay marriage comes question: I do or I don't
LOS ANGELES (AP) — When gay marriage became legal in Pennsylvania earlier this year, Elissa Goldberg was ready to say "I do." Her longtime partner's reaction, however, was "I'm not so sure."
10/24/2014 - 03:16 PM
Amla-inspired Proteas rout NZ to win cricket series
South Africa crushed New Zealand to claim a 72-run victory in the second one-day international on Friday, inspired by a superb century from opening batsman Hashim Amla. In a see-sawing match, the Proteas initially blunted the Black Caps attack then endured a late batting collapse that restricted them to 282-9 before skittling the home team for 210 with 21 balls to spare. The win gives the tourists an unassailable 2-0 lead in the three-match series and AB de Villiers' men could snatch the world number one ODI ranking from Australia if they complete a 3-0 whitewash in Hamilton on Monday. Amla rode his luck before finishing with 119 off 135 balls after South Africa lost the toss and were put in to bat, with Faf du Plessis contributing 67 and captain AB de Villiers 37.
10/24/2014 - 03:14 PM
Mozambique offers more gas and oil blocks week after election
By Manuel Mucari MAPUTO (Reuters) - Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national elections which are expected to return the ruling Frelimo party to power. The blocks on offer in the latest licensing round launched in Maputo and London included three new areas of the northern Rovuma Basin, where U.S. oil major Anadarko Petroleum Corp and Italy's Eni are already developing multi-billion-dollar liquefied natural gas (LNG) export projects. ...
10/24/2014 - 03:13 PM
PGA president refers to Poulter as 'lil girl'
ST. SIMONS ISLAND, Ga. (AP) — The PGA of America president referred to Ian Poulter as a little girl on two social media accounts Thursday evening for his comments on Nick Faldo and Tom Watson as Ryder Cup captains.
10/24/2014 - 03:12 PM
Kenyan judge halts major east African rail project for two weeks
NAIROBI (Reuters) - Kenya's High Court halted work on a major rail line between Mombasa and Nairobi on Thursday, threatening to delay a government flagship project after a lawmaker raised objections over how landowners are compensated. Construction of the 447.5 billion shilling ($5 billion) standard gauge rail line, which is backed by China, was launched earlier this year by Kenyan President Uhuru Kenyatta and other east African leaders. ...
10/24/2014 - 03:12 PM
China launches experimental moon orbiter
BEIJING (AP) — China launched an experimental spacecraft Friday to fly around the moon and back to Earth in preparation for the country's first unmanned return trip to the lunar surface.
10/24/2014 - 03:06 PM
Mali becomes sixth West African nation hit by Ebola
By Adama Diarra and Tiemoko Diallo BAMAKO (Reuters) - Mali confirmed its first case of Ebola on Thursday, becoming the sixth West African country to be touched by the worst outbreak on record of the haemorrhagic fever, which has killed nearly 4,900 people. Mali's Health Minister Ousmane Kone told state television that the patient in the western town of Kayes was a two-year-old girl who had recently arrived from neighbouring Guinea, where the outbreak began. "The condition of the girl, according to our services, is improving thanks to her rapid treatment," the minister told state television. ...
10/24/2014 - 03:06 PM
Security tight in Canada as police probe Parliament gunman's ties
By Randall Palmer, David Ljunggren and Leah Schnurr OTTAWA (Reuters) - Canada's capital faced a third day of heightened security on Friday as police searched for any clues that the man who shot and killed a soldier and charged into the parliament building had help in plotting his attack. The Royal Canadian Mounted Police ordered a detail of officers to remain with Prime Minister Stephen Harper, 24 hours a day, seven days a week, after it emerged that he briefly hid in a closet-like room during Wednesday's attack. ...
10/24/2014 - 03:05 PM
Pistorius shoves race, crime and punishment in S. Africa's face
By Ed Cropley PRETORIA (Reuters) - As Oscar Pistorius spent his first day behind bars this week, a suspected child rapist and murderer went on trial at the same Pretoria court in a case that has also provoked fierce debate about crime and punishment in post-apartheid South Africa. Although the two defendants, one wealthy and white, the other poor and black, are from opposite ends of a still-divided society, both cases have revealed an alarming lack of faith in the justice system of the "Rainbow Nation". ...
10/24/2014 - 03:03 PM
Your Top Plays for Today
Your Top Plays for Today: AP's Sports Guide
10/24/2014 - 03:01 PM
Survey: German consumer confidence stabilizes
BERLIN (AP) — A survey finds that a downward trend in German consumer confidence has come to an end, despite cooler growth prospects for Europe's biggest economy.
10/24/2014 - 02:48 PM
Sweden calls off search for submarine
STOCKHOLM (AP) — Swedish authorities say they have called off their weeklong search for a suspected submarine in the Stockholm archipelago.
10/24/2014 - 02:37 PM
Doctor who worked in Africa first Ebola case in New York City
By Ellen Wulfhorst NEW YORK (Reuters) - A New York City doctor who treated Ebola patients in West Africa became the first person to test positive for the virus in America's largest city, setting off fresh fears about the spread of the disease. New York Mayor Bill de Blasio said residents were safe to travel around the city, even as officials disclosed that Dr. Craig Spencer had ridden subways, taken a taxi and visited a bowling alley since returning from Guinea on Oct. 17. Spencer, 33, had worked with the humanitarian organization Doctors Without Borders in Africa. ...
10/24/2014 - 02:33 PM
Missouri police preparing for grand jury decision
FERGUSON, Mo. (AP) — Missouri police have been brushing up on constitutional rights and stocking up on riot gear to prepare for a grand jury's decision about whether to charge a white police officer who fatally shot a black 18-year-old in suburban St. Louis.
10/24/2014 - 02:30 PM
Protesters in HK to vote on staying in streets
HONG KONG (AP) — Pro-democracy protesters in Hong Kong plan to hold a spot referendum Sunday on whether to stay in the streets or accept government offers for more talks and clear their protest camps.
10/24/2014 - 02:25 PM
NK expert says US must apologize to free detainees
PYONGYANG, North Korea (AP) — After an American was released from North Korean custody, the attention has now focused on two other U.S. citizens still in its jails, and at least one North Korean legal expert has some unusual advice to offer: let Washington formally apologize to Pyongyang, and the country's leader will consider pardoning them.
10/24/2014 - 02:24 PM
Pesky, effective? Campaign signs spread like weeds
COLUMBUS, Ohio (AP) — Pesky. Illegal. Effective?
10/24/2014 - 02:23 PM
Sweden calls off weeklong search for suspected submarine in Stockholm archipelago
STOCKHOLM (AP) — Sweden calls off weeklong search for suspected submarine in Stockholm archipelago.
10/24/2014 - 02:20 PM
After 1st Ebola case in NYC, 3 others quarantined
NEW YORK (AP) — A doctor who became New York City's first Ebola patient was praised for getting treatment immediately upon showing symptoms, and health officials stressed that the nation's most populous city need not fear his wide-ranging travel in the days before his illness began.
10/24/2014 - 02:14 PM
US automaker Ford starts luxury Lincoln sales in China
US automaker Ford has launched its first vehicles under the luxury Lincoln brand in China, the company said, as it seeks to make inroads into a market dominated by German cars. Ford announced in April that it would begin Lincoln sales in China in the autumn, adding to its other passenger car and commercial vehicle offerings in the country -- the world's largest auto market. Lincoln on Thursday launched a mid-sized sedan, the MKZ, priced from 315,800 yuan to 395,800 yuan ($51,770 to $64,885), according to a news release. Management consulting firm McKinsey has estimated that German automakers -- including Audi, BMW, Mercedes and Volkswagen -- account for 80 percent of the "premium" market in China, which it defines as cars costing upwards of 200,000 yuan.
10/24/2014 - 02:07 PM
Manning's Broncos corral Chargers
Five-time NFL MVP Peyton Manning added to his latest record by throwing three touchdown passes to Emmanuel Sanders in the Denver Broncos 35-21 victory over the San Diego Chargers. The win comes four days after quarterback Manning broke Brett Favre's record for most career touchdown passes in a 42-17 demolition of the San Francisco 49ers. Against the Chargers, Manning completed 25-of-35 passes for 286 yards and three touchdowns to bring his career National Football League touchdown total to 513.
10/24/2014 - 02:05 PM
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