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| Fonterra CEO: All contaminated dairy stocks contained Tuesday, Aug 06, 2013 08:55 PM PDT  WELLINGTON (Reuters) - Fonterra CEO Theo Spierings said on Wednesday that all stocks of contaminated dairy products made and exported by the company had been taken out of the market, and there was little or no risk to consumers. After visiting China earlier this week, Spierings said the situation there had stabilized. "I said at a press conference in China that I would not leave before the situation was stable from the perspective of markets, consumers, customers and global authorities," he told reporters at the company's headquarters in Auckland. ... Full Story | Top |
| China fines foreign milk powder makers after price probe Tuesday, Aug 06, 2013 08:18 PM PDT  By Kazunori Takada and Martinne Geller SHANGHAI/NEW YORK (Reuters) - China fined three companies including Mead Johnson Nutrition Co and New Zealand dairy giant Fonterra in relation to a probe into price fixing and anti-competitive practices by foreign baby formula makers. The third company penalized was Hong Kong-listed Biostime International Holdings. ... Full Story | Top |
| NZ frets about reputation after dairy scare but auction reassuring Tuesday, Aug 06, 2013 07:41 PM PDT  By Naomi Tajitsu WELLINGTON (Reuters) - New Zealand said on Wednesday its reputation as an exporter of safe dairy food remained at risk after a contamination scare, although an auction of Fonterra dairy products provided reassurance that global customers were continuing to buy its goods. Fonterra has come under fire from the New Zealand government, farmers and financial regulators for dragging its feet in saying it sold whey protein products that contained a bacteria which can cause botulism - a potentially fatal food poisoning. ... Full Story | Top |
| NZ dairy scare impact minimal, needs careful handling: minister Tuesday, Aug 06, 2013 07:28 PM PDT  WELLINGTON (Reuters) - New Zealand's finance minister said on Wednesday the result of dairy giant Fonterra's latest auction suggests it has suffered little impact from a recent scare over contaminated products. Finance Minister Bill English told parliament the issue would need careful handling if the company and the country were to continue to benefit from high commodity prices. ... Full Story | Top |
| Japan PM to call for stronger response to Fukushima water crisis: Nikkei Tuesday, Aug 06, 2013 03:33 PM PDT  TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe is expected to call on Wednesday for a stronger response to try to stop highly radioactive water leaking into the ocean from the crippled Fukushima nuclear plant, the Nikkei newspaper reported. It also said the government would commit taxpayer money to halt the buildup of radioactive water at the plant. On Monday, an official from Japan's nuclear watchdog told Reuters the leakage had become an "emergency", adding that the operator of the plant, Tokyo Electric Power Co (Tepco), was struggling to contain the problem. ... Full Story | Top |
| First study of human transmission of new bird flu raises worries Tuesday, Aug 06, 2013 03:31 PM PDT By Kate Kelland LONDON (Reuters) - The first scientific analysis of probable human-to-human transmission of a deadly new strain of bird flu that emerged in China this year gives the strongest evidence yet that the H7N9 virus can pass between people, scientists said on Wednesday. Research published in the British Medical Journal (BMJ) analyzing a family cluster of cases of H7N9 infection in eastern China found it was very likely the virus "transmitted directly from the index patient (a 60-year-old man) to his daughter. ... Full Story | Top |
| Mead Johnson settles with China over baby formula probe Tuesday, Aug 06, 2013 03:16 PM PDT (Reuters) - Mead Johnson Nutrition Co said on Tuesday it would pay a penalty of about $33 million related to a probe by China into possible price fixing and anti-competitive practices by foreign baby formula makers. The maker of Enfamil formula said that as a result of its antitrust review, China's National Development and Reform Commission (NDRC) had assessed administrative penalties against Mead Johnson and a number of other milk formula companies doing business in China. ... Full Story | Top |
| Exclusive: China approves genetically modified Argentine corn shipment Tuesday, Aug 06, 2013 03:11 PM PDT By Hugh Bronstein BUENOS AIRES (Reuters) - China has approved its first shipment of genetically modified Argentine corn, Buenos Aires said on Tuesday, signaling that the Asian country may eventually import GMO crops from other producers like the United States. Argentine Agriculture Minister Norberto Yauhar said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo was already headed inland to be used as hog and chicken feed. Benchmark Chicago corn futures fell briefly after Reuters reported on the shipment. ... Full Story | Top |
| Actor Dustin Hoffman undergoes cancer treatment: publicist Tuesday, Aug 06, 2013 03:09 PM PDT  LOS ANGELES (Reuters) - Actor Dustin Hoffman has undergone treatment for cancer, the Oscar-winner's publicist confirmed on Tuesday. Hoffman's publicist, Jodi Gottlieb, declined to say what kind of cancer or when the "Tootsie" star was diagnosed. The news was first reported by People Magazine, where Gottlieb said the cancer had been "detected early and he has been surgically cured." The 75-year-old actor is set to undergo further preventative treatments to protect against the cancer returning, People reported. Hoffman, who won the best actor Oscar for his roles in 1979's "Kramer vs. ... Full Story | Top |
| Amgen seen raising bid to acquire Onyx Pharmaceuticals: report Tuesday, Aug 06, 2013 02:02 PM PDT (Reuters) - Amgen Inc is expected to sweeten its offer to acquire Onyx Pharmaceuticals Inc to $130 per share after its previous bid was rejected as too low, Bloomberg reported on Tuesday, citing a person familiar with the matter. After Amgen's unsolicited offer of $120 per share was turned down, Onyx said in June it was seeking takeover bids from other potential buyers. The $130 offer is currently the highest bid on the table for Onyx, according the anonymous source, the report said. A spokeswoman for Amgen, the world's largest biotechnology company, declined to comment on the report. ... Full Story | Top |
| Obamacare months behind in testing IT data security: government Tuesday, Aug 06, 2013 01:24 PM PDT By Sharon Begley NEW YORK (Reuters) - The federal government is months behind in testing data security for the main pillar of Obamacare: allowing Americans to buy health insurance on state exchanges due to open by October 1 The missed deadlines have pushed the government's decision on whether information technology security is up to snuff to exactly one day before that crucial date, the Department of Health and Human Services' inspector general said in a report. As a result, experts say, the exchanges might open with security flaws or, possibly but less likely, be delayed. ... Full Story | Top |
| Docs can safely treat alcoholism, PTSD together: study Tuesday, Aug 06, 2013 01:06 PM PDT By Andrew M. Seaman NEW YORK (Reuters Health) - Despite fears that exposure therapy for posttraumatic stress disorder (PTSD) would worsen alcoholism, a new study found that doctors can safely treat both conditions at the same time. Researchers found that people with PTSD and alcoholism benefited the most from the simultaneous treatments to reduce alcohol cravings and lessen distress, compared to people on other treatment regimens. ... Full Story | Top |
| Sales of Regeneron's Eylea eye drug slow, shares drop Tuesday, Aug 06, 2013 01:05 PM PDT By Esha Dey and Bill Berkrot (Reuters) - The explosive growth in the sales of Regeneron Pharmaceuticals Inc's Eylea eye drug slowed in the second quarter as existing patients moved to less-frequent dosing. Shares of Regeneron fell 6.1 percent on Tuesday even though the company said it plans to file for wider use of the injectable drug later this year, following positive new trial data. Analysts, who were already expecting positive data from the trials targeted at diabetic macular edema (DME), focused on Eylea's slowing sales growth. ... Full Story | Top |
| Mental disorders, not combat, tied to military suicide Tuesday, Aug 06, 2013 01:05 PM PDT By Genevra Pittman NEW YORK (Reuters Health) - Mental disorders including depression and alcohol abuse were linked to a higher risk of suicide among current and former military personnel, in a new study - but combat exposure and number of deployments were not. Researchers said the analysis of 83 suicides between 2001 and 2008 does not support the assumption that experiences in combat - such as seeing dead bodies or firing a gun - and time spent in a war zone are directly tied to a higher suicide risk. ... Full Story | Top |
| U.S. novelist Elmore Leonard hospitalized following stroke Tuesday, Aug 06, 2013 12:53 PM PDT LOS ANGELES (Reuters) - U.S. novelist Elmore Leonard, known for gritty crime dramas including "Get Shorty," has been hospitalized in the Detroit area after suffering a stroke last week, the author's longtime researcher said Tuesday. The 87-year-old crime writer, who is also known for film adaptations of his works "Out of Sight" and "3:10 to Yuma," suffered a stroke on July 29, researcher Gregg Sutter Said. Sutter said Leonard's condition has steadily improved over the past week. ... Full Story | Top |
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