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| Entergy focus under new CEO may shift to New York nuclear fight Tuesday, Aug 27, 2013 03:27 PM PDT  By Eileen O'Grady HOUSTON (Reuters) - Entergy Corp's decision to shut its Vermont nuclear plant begins the final chapter in a battle with politicians seeking to close the station and may shift the firm's focus to the larger Indian Point nuclear plant in New York. Entergy on Tuesday said it will shut the 620-megawatt Vermont Yankee by the end of 2014, saying the reactor is no longer economical to operate with current low power prices and rising regulatory costs. ... Full Story | Top |
| Pennsylvania girl who sued for lung transplants goes home Tuesday, Aug 27, 2013 03:14 PM PDT  By Natalie Pompilio NEWTOWN SQUARE, Pa (Reuters) - The Pennsylvania girl who underwent a double lung transplant after a court battle over U.S. organ donation policies waved slowly and mouthed "Hi" to well wishers on Tuesday, her first day home from the hospital. Dressed from head to toe in pink except for a blue tracheotomy tube in her neck, 11-year-old Sarah Murnaghan was carried by her parents to a chair outside their suburban Philadelphia-area home as neighbors cheered. ... Full Story | Top |
| Measles-like virus may be cause of dolphin deaths on U.S. coast Tuesday, Aug 27, 2013 02:43 PM PDT  By Environment Correspondent Deborah Zabarenko WASHINGTON (Reuters) - A measles-like virus that suppresses the immune system could be the reason an extraordinary number of bottlenose dolphins have died after becoming stranded along the U.S. East Coast, a panel of dolphin experts said on Tuesday. ... Full Story | Top |
| U.S. scientist operates colleague's brain from across campus Tuesday, Aug 27, 2013 02:26 PM PDT  By Sharon Begley NEW YORK (Reuters) - Scientists said Tuesday they have achieved the first human-to-human mind meld, with one researcher sending a brain signal via the Internet to control the hand motion of a colleague sitting across the Seattle campus of the University of Washington. ... Full Story | Top |
| TSX has biggest drop in two months as Syria fears mount Tuesday, Aug 27, 2013 02:18 PM PDT  By John Tilak TORONTO (Reuters) - Canada's main stock index recorded its biggest single-day percentage decline in more than two months on Tuesday as the likelihood grew that the West will launch a military strike against the Syrian government. Concern over the fallout from poison gas attacks by the Syrian government took the market spotlight away from two of the country's biggest banks, Bank of Montreal and Bank of Nova Scotia , which reported quarterly earnings that topped expectations. Sharp gains in commodity prices also failed to boost sentiment. ... Full Story | Top |
| Entergy to shut controversial Vermont nuclear plant Tuesday, Aug 27, 2013 01:10 PM PDT  By Eileen O'Grady and Scott Malone HOUSTON/BOSTON (Reuters) - Entergy Corp will shut the Vermont Yankee nuclear power plant, citing high costs tied to regulation and competition from cheap natural gas, bringing to an end a long battle with politicians and environmentalists seeking to close it. Vermont Governor Peter Shumlin welcomed the news that the 40-year-old plant, which generates three-quarters of the state's power, will cease operations by the end of 2014, though the closure raises new problems for the New England state, including how long it would take to clean up the site. ... Full Story | Top |
| Roche looks to replicate cancer success with eye drugs Tuesday, Aug 27, 2013 11:13 AM PDT  By Caroline Copley ZURICH (Reuters) - Positive results for Roche's experimental eye drug should bolster its position in the multibillion-dollar-a-year market for vision loss treatments, as it looks to branch out beyond its core cancer expertise. After scrapping drugs to treat diabetes and boost levels of "good" high-density cholesterol, the world's largest maker of cancer drugs is hoping to prove it has a stronger hand when it comes to developing treatments for the eyes. ... Full Story | Top |
| Libya's oil chaos deepens as armed group shuts pipeline Tuesday, Aug 27, 2013 10:48 AM PDT By Suleiman Al-Khalidi and Julia Payne TRIPOLI/LONDON (Reuters) - Libya's largest western oilfields closed when an armed group shut down the pipeline linking them to ports, its deputy oil minister said on Tuesday, reducing its oil output to a trickle. Total Libyan oil output would be just under 200,000 barrels per day from pre-war levels of around 1.6 million bpd, according to a Reuters estimate, the worst disruption since the civil war in 2011. The fields - El Feel and El Sharara - linked to the pipeline have a combined capacity of around 500,000 barrels per day. "I'm upset. ... Full Story | Top |
| Irish power plant builder threatens legal action against EirGrid Tuesday, Aug 27, 2013 10:21 AM PDT LONDON (Reuters) - Irish power plant developer Lumcloon Energy on Tuesday threatened legal action against state-owned network operator EirGrid over plans to offer shorter than usual grid connection contracts. Lumcloon plans to build a 300 megawatt gas-fired plant at Ferbane in Ireland, helping to meet the need for the flexibility provided by small-scale conventional power production as the country looks to step up capacity in renewable energy. ... Full Story | Top |
| Dangote to borrow $3.3 bln for $9 bln Nigeria refinery Tuesday, Aug 27, 2013 08:29 AM PDT LAGOS (Reuters) - Dangote Group said it will borrow $3.3 bln to invest in a $9 billion oil refinery and petrochemical complex in Nigeria, Africa's most populous nation and top oil producer. The Nigerian group, which has interests ranging from cement to sugar and basic food processing to oil and gas, also said it was seeking an additional $2.25 billion from development funds for the project, into which it would put $3.5 billion of its own equity. The loan would be signed with financiers on September 4, it said in statement. ... Full Story | Top |
| Indian rupee hits record low as confidence in government falters Tuesday, Aug 27, 2013 08:12 AM PDT  By Swati Bhat and Manoj Kumar MUMBAI/NEW DELHI (Reuters) - India's rupee hit a record low and posted its biggest percentage fall in 18 years on Tuesday as parliament's approval of a $20 billion plan to provide cheap grain to the poor renewed doubts about government resolve to control spending ahead of elections due next year. The alarm over India's fiscal deficit eclipsed an announcement by Finance Minister P. Chidambaram that the government had approved infrastructure projects worth 1.83 trillion rupees ($28. ... Full Story | Top |
| Bayer's Nexavar gets priority review as thyroid cancer drug Tuesday, Aug 27, 2013 07:52 AM PDT  FRANKFURT (Reuters) - Bayer's cancer drug Nexavar was given priority review status by U.S. healthcare regulators for the oral drug's use against a difficult-to-treat type of thyroid cancer, the company said on Tuesday. The U.S. Food and Drug Administration aims to complete the priority review within six months, rather than the standard review of about 10 months, Bayer said. ... Full Story | Top |
| Obama has not decided on military action in Syria: U.S. official Tuesday, Aug 27, 2013 07:48 AM PDT  WASHINGTON (Reuters) - U.S. President Barack Obama has not made a decision to order military strikes against the Syrian government in response to last week's alleged chemical weapons attack near Damascus, a senior administration official said on Tuesday. The assertion by the U.S. official, which echoed the White House's comments on Monday, came amid mounting signs that Washington and its allies are edging toward a limited use of force against Syrian President Bashar al-Assad's loyalists. ... Full Story | Top |
| Heysham 1-1 nuclear reactor offline for maintenance Tuesday, Aug 27, 2013 07:42 AM PDT LONDON (Reuters) - Britain's 610-megawatt Heysham 1-1 nuclear plant has gone into a planned maintenance period on Tuesday after being taken offline last week due to an electrical fault, operator EDF said in a statement. "On August 27 Heysham 1 unit 1 started its planned statutory outage," a company spokesman said. The 610-megawatt Heysham 1-2 reactor also remains offline following an electrical fault affecting gas turbines at the complex on Friday, EDF said. (Reporting by Oleg Vukmanovic; Editing by Louise Heavens) Full Story | Top |
| Japan's newest rocket fails to lift off Tuesday, Aug 27, 2013 06:25 AM PDT By Elaine Lies TOKYO (Reuters) - Japan's first new rocket in 12 years failed to lift off on Tuesday, dealing a potential blow to hopes that Japan may be able to take a larger share of the growing, multi-billion dollar satellite launch industry. It was the second setback for the Epsilon rocket this month. An earlier launch was postponed because of a computer glitch. No word was immediately available on the cause of the problem on Tuesday or when the launch might be tried again. ... Full Story | Top |
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