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| Factbox: Chile presidential favorite Bachelet's policy proposals Sunday, Jun 30, 2013 07:13 PM PDT SANTIAGO (Reuters) - Michelle Bachelet handily won her leftist bloc's primary election on Sunday, reaffirming the popular politician is likely to stage a presidential comeback against a struggling right-wing rival in the November 17 vote. Bachelet, Chile's first female president who governed the world's top copper-exporting nation from 2006 to 2010, has a clear at defeating conservative Pablo Longueira and winning a second term. A pediatrician turned politician, Bachelet's first term was marked by market-friendly economic policies, welfare programs and her affable personal style. ... Full Story | Top |
| Factbox: Chile presidential underdog Longueira's policy proposals Sunday, Jun 30, 2013 07:03 PM PDT SANTIAGO (Reuters) - Veteran politician Pablo Longueira won his weakened right-wing bloc's primary election on Sunday, but the former economy minister faces an uphill battle to defeat presidential favorite Michelle Bachelet in November. Longueira, an industrial civil engineer by training, has said he wants to continue the policies of conservative President Sebastian Pinera, who is barred from seeking a second consecutive term in office. ... Full Story | Top |
| Poll shows strong shift to Australian PM Rudd, new ministry named Sunday, Jun 30, 2013 06:26 PM PDT  CANBERRA (Reuters) - Australian Prime Minister Kevin Rudd rewarded backers who helped him reclaim power from Julia Gillard with places in the new ministry he announced on Monday, while a new poll showed a strong bounce for his Labor Party before national elections. Rudd included 11 women in his ministry, potentially helping him counter a backlash from female voters after he defeated Gillard, Australia's first female prime minister, in a party leadership vote on Wednesday. ... Full Story | Top |
| Onyx explores possible sale after rejecting Amgen offer Sunday, Jun 30, 2013 05:15 PM PDT By Ryan Vlastelica and Olivia Oran NEW YORK (Reuters) - Cancer drugmaker Onyx Pharmaceuticals Inc said on Sunday it rejected a roughly $10 billion takeover offer from larger biotechnology company Amgen Inc as too low but still is considering selling itself. Onyx said Amgen's cash offer of $120 a share, which represents a premium of about 38 percent to the company's Friday closing price, "significantly undervalued" its prospects. Deutsche Bank analyst Robin Karnauskas estimated Onyx's value to a merger partner at up to $148 a share. ... Full Story | Top |
| Western United States swelters amid deadly heat Sunday, Jun 30, 2013 04:48 PM PDT  By Tim Gaynor PHOENIX (Reuters) - A dangerous, record-breaking heat wave in the western United States contributed to the death of a Nevada resident and sent scores of people to hospitals with heat-related illnesses. The scorching heat, caused by a dome of hot air trapped by a high pressure ridge, pushed the mercury above 100 F (38 C) in parts of California, Arizona, Idaho, Colorado, Nevada and Utah and Texas. Paramedics in Las Vegas, where searing temperatures reached an all-time high of 118 F (48 C) on Saturday, found an elderly man dead in his apartment, which had no air-conditioning. ... Full Story | Top |
| Onyx explores possible sale, rejects Amgen offer Sunday, Jun 30, 2013 04:47 PM PDT By Ryan Vlastelica and Olivia Oran NEW YORK (Reuters) - Onyx Pharmaceuticals Inc said on Sunday it rejected a roughly $10 billion takeover offer from larger rival Amgen Inc as too low but is still considering a sale of the company. The company said the offer price by Amgen of $120 a share in cash, which represents a premium of about 38 percent to the company's Friday closing price, "significantly undervalued" its prospects. Onyx said in a statement it was "actively exploring" a merger partner, and that it had hired financial advisor Centerview Partners to contact potential buyers. ... Full Story | Top |
| Kazakhstan trade trip poses human rights test for UK's Cameron Sunday, Jun 30, 2013 01:11 PM PDT  By Andrew Osborn ATYRAU, Kazakhstan (Reuters) - British Prime Minister David Cameron helped inaugurate the world's costliest oil project in Kazakhstan on Sunday on a trip aimed at sealing business deals but quickly beset by questions over the Central Asian nation's poor human rights record. Kazakhstan hopes Cameron's visit, the first by a serving British prime minister, will cement its status as a rising economic power and confer a degree of the legitimacy from the West it has long sought. ... Full Story | Top |
| Kazakhstan trade trip poses human rights test for Cameron Sunday, Jun 30, 2013 01:10 PM PDT  By Andrew Osborn ATYRAU, Kazakhstan (Reuters) - Prime Minister David Cameron helped inaugurate the world's costliest oil project in Kazakhstan on Sunday on a trip aimed at sealing business deals but quickly beset by questions over the Central Asian nation's poor human rights record. Kazakhstan hopes Cameron's visit, the first by a serving British prime minister, will cement its status as a rising economic power and confer a degree of the legitimacy from the West it has long sought. ... Full Story | Top |
| Gunmen free 175 prisoners in Nigeria jailbreak Sunday, Jun 30, 2013 11:23 AM PDT ONITSHA, Nigeria (Reuters) - Gunmen shot dead two civilians and then used explosives to free 175 inmates from a prison in Nigeria's southern town of Akure overnight, a prison official said on Sunday. Islamist sect Boko Haram and al Qaeda-linked group Ansaru have been behind several prison raids in recent years. It was not clear whether they were behind this jail break at Olokuta prison in Ondo state or whether they had members held there. ... Full Story | Top |
| U.S. says oil market can cope with more Iran export cuts Sunday, Jun 30, 2013 10:04 AM PDT  By Fredrik Dahl VIENNA (Reuters) - The top U.S. energy official said he believed the oil market could cope with any further reduction of Iran's oil exports from the tightening of sanctions on Tehran over its nuclear program. U.S. Energy Secretary Ernest Moniz also said on Sunday he expected a "fair amount of action" by his department in 2013 in evaluating applications by U.S. firms to export natural gas. Companies hoping to ship gas abroad have been frustrated by lengthy delays and rule changes as they await Department of Energy approval of their applications. ... Full Story | Top |
| Analysis - Big lenders wary of following oil money to North Dakota Sunday, Jun 30, 2013 08:49 AM PDT  By Ernest Scheyder and Ilaina Jonas WILLISTON, N.D./NEW YORK (Reuters) - Money and workers are pouring into Williston, the capital of North Dakota's oil boom, but the only department store in town is a JCPenney, with a facade straight out of the 1950s. "We desperately need some kind of shopping center or mall here in Williston," said Rev. Jay Reinke, a 20-year resident and pastor of Concordia Lutheran Church. "You have to drive hours to find decent shopping." That drive is not getting shorter anytime soon. ... Full Story | Top |
| U.S. Energy Department pledges action in handling gas export applications Sunday, Jun 30, 2013 08:39 AM PDT  VIENNA (Reuters) - Energy Secretary Ernest Moniz said on Sunday he expected to have a "fair amount of action" during 2013 in evaluating applications by companies to export natural gas from the United States. "I'm planning to go through them as rapidly as I can ... I certainly expect to have a fair amount of action this year," Moniz, who took office last month, said in an interview in the Austrian capital. U.S. companies hoping to export natural gas are frustrated by lengthy delays and rule changes as they await Department of Energy approval of their applications. But some U.S. ... Full Story | Top |
| Cousteau grandson pays tribute by trying to beat undersea record Sunday, Jun 30, 2013 07:37 AM PDT  By Jane Sutton MIAMI (Reuters) - Third-generation oceanographer Fabien Cousteau will attempt to spend a record 31 days living and working underwater in a bus-sized laboratory submerged in the warm, turquoise Atlantic off the Florida Keys. If he succeeds he will beat the 30-day underwater living record set 50 years ago in the Red Sea by his scuba-pioneering grandfather, Jacques-Yves Cousteau. "We're doing something unprecedented," said the 45-year-old who grew up on the decks of his grandfather's ships, Calypso and Alcyone. "It's the risk of discovery, it's the curiosity, it's the adventure. ... Full Story | Top |
| Release of Eliquis blood clot preventer story Sunday, Jun 30, 2013 06:58 AM PDT  By Bill Berkrot (Reuters) The blood clot preventer Eliquis, sold by Pfizer Inc and Bristol-Myers Squibb Co, proved as effective as widely used warfarin in treating a dangerous condition known as venous thromboembolism and caused far less bleeding, according to data from a large clinical trial. The Pfizer and Bristol-Myers pill met the main goal of the study by showing it worked just as well as conventional treatment with warfarin, a generic blood thinner, in reducing recurrence of the condition and related deaths. ... Full Story | Top |
| Bumi considers selling Bakries' stake in market for cash: report Sunday, Jun 30, 2013 06:09 AM PDT  LONDON (Reuters) - Indonesia-focused coal miner Bumi Plc is considering selling the 23.8 percent stake held by Indonesia's Bakrie family in the market for cash, instead of a previous plan to cancel the shares, a report on Sunday said. The proposal would allow Bumi to return cash to shareholders well in excess of the nearly $300 million already expected to be handed back, the Sunday Telegraph said, without citing its sources. ... Full Story | Top |
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