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Business News
Stocks drop on financials, oil rebound (Reuters)

Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell in skittish trading on Wednesday, led by financial services company shares, while rebounding oil prices fed concerns about the toll of higher energy costs on business and consumer spending.


Merrill asset sale size depends on second quarter loss (Reuters)

Merrill Lynch Chief Executive Officer, John Thain, poses before a news conference in Mumbai May 7, 2008. Merrill Lynch is looking at selling stakes in BlackRock Inc or Bloomberg LP, and the size of the sale will depend on the size of the investment bank's second quarter loss, a person briefed on the matter said Wednesday. (Punit Paranjpe/Reuters)Reuters - Merrill Lynch & Co will determine exactly how much of its stakes in BlackRock Inc and Bloomberg LP to sell based on how deep its second quarter loss is, a person briefed on the matter said on Wednesday.


IMF gloomy on growth, warns on inflation (Reuters)

International Monetary Fund Managing Director Dominique Strauss-Kahn gives a speech during the Brussels Economic Forum in Brussels May 15, 2008. It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses hinging on what happens to the U.S. housing sector, Strauss-Kahn said on Wednesday. (Thierry Roge/Reuters)Reuters - It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses hinging on what happens to the U.S. housing sector, IMF chief Dominique Strauss-Kahn said on Wednesday.


GFK says to make better offer for TNS than WPP (Reuters)

WPP's Martin Sorrell in a file photo. Germany's GfK Holdings AG said on Wednesday it wants to make a better offer for Britain's Taylor Nelson Sofres TNS than Martin Sorrell's advertising group WPP. (File/Reuters)Reuters - Germany's GfK Holdings AG said on Wednesday it wants to make a better offer for Britain's Taylor Nelson Sofres TNS than Martin Sorrell's advertising group WPP.


Oil rebounds $2 on Iran missile tests (Reuters)

A New York City cab driver fills his taxi up with gas at a Hess station in New York July 2, 2008. (Shannon Stapleton/Reuters)Reuters - Oil rose $2 to around $138 a barrel on Wednesday, partly recouping a $5 drop in the previous session, after Iran said it had test-fired missiles that could reach Israel and U.S. bases in the region.


China market sees signs of economic policy easing (Reuters)

A vendor rests at a cloth stall of a market in Hefei, Anhui province June 10, 2008. (Jianan Yu/Reuters)Reuters - A flurry of visits by Chinese leaders to cities hit by sluggish exports and a reported tax rebate for textile exporters are being interpreted by the market as signals that Beijing might cautiously ease tight economic policies.


Australian platypus genome a link to evolution - 08, May 2008

SYDNEY (Reuters) - Australia's unique duck-billed platypus -- an egg-laying, furry animal with web feet that spends most of its time underwater -- is in fact part bird, part reptile and part mammal according to its gene map.



By Michael PerrySYDNEY (Reuters) - Australia's unique duck-billed platypus -- an egg-laying, furry animal with web feet that spends most of its time underwater -- is in fact part bird, part reptile and part mammal according to its gene map.A team of international scientists released the platypus genome on Thursday, saying its complex sequence would aid the study of human evolution -- particularly the development of the immune, nervous and reproductive systems."Its probably the most eagerly awaited genome since the chimp genome because platypuses are so weird," said Jenny Graves, head the Comparative Genomics Group at the Australian National University."Comparing us with the platypus means that we can say something about our common ancestor, which was one of the earliest mammals, so that means that we can ask questions about what happened to make us mammals," said Graves, after a briefing on the platypus genome, published in the journal Nature.The platypus represents the earliest offshoot of the mammalian lineage, some 166 million years ago, from primitive ancestors that had features of both mammals and reptiles.When the platypus was first discovered, English scientists regarded it to be an Australian joke, thinking someone had stuck a duck's bill and feet onto an otter-like animal.The platypus is classified as a mammal because it produces milk, suckles its young and is covered in fur, but it also lays eggs like a bird or reptile and males have poisonous spurs on their hind legs like a reptile.CLUES TO HUMAN EVOLUTION 





(c) 2008 Reuters
Other news from Science category:
  1. Cargill rolling out natural, no-calorie sweetener - 09, Jul 2008

    NEW YORK (Reuters) - Agribusiness giant Cargill Inc is starting to roll out Truvia, its natural, no-calorie sweetener on Wednesday, and expects the product to be on grocery shelves across the U.S. sometime this fall.

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  2. New test can help spot best embryos: researchers - 09, Jul 2008

    BARCELONA (Reuters) - The same infrared technology that measures fat content in milk can more accurately predict which embryos have the best chance of resulting in a pregnancy, fertility experts said on Tuesday.

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  3. Magnitude 6.2 quake rattles southern Peru - 09, Jul 2008

    AREQUIPA, Peru (Reuters) - A magnitude 6.2 earthquake shook southern Peru early on Tuesday, killing at least one person in the Andean country's second-largest city, Arequipa, and damaging scores of homes.

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  4. Frozen embryo babies just as healthy: researchers - 08, Jul 2008

    BARCELONA (Reuters) - Babies born from frozen embryos weigh more, have no greater risk of birth defects and are as healthy or healthier than those conceived using fresh ones, Danish researchers said on Tuesday.

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  5. Gels to protect women from HIV may help men more - 08, Jul 2008

    WASHINGTON (Reuters) - Gels aimed at helping women protect themselves from the AIDS virus may end up helping men as much or more, researchers predicted on Monday.

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  6. Magnitude 6 quake startles southern Peru - 08, Jul 2008

    AREQUIPA, Peru (Reuters) - A magnitude 6.0 earthquake rattled southern Peru early on Tuesday, startling residents in the Andean country's second-largest city, Arequipa, who ran out of their homes into the streets.

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  7. Temple spat rages in Thailand after UNESCO listing - 08, Jul 2008

    BANGKOK (Reuters) - Thailand's top court questioned on Tuesday the legality of Bangkok's support for a Cambodian bid to list a disputed Hindu temple as a World Heritage site, giving the opposition another weapon to attack the government.

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  8. Hurricane Bertha strengthens to "major" storm - 08, Jul 2008

    MIAMI (Reuters) - Strengthening far more swiftly and vigorously than predicted, Hurricane Bertha became a "major" hurricane in the open Atlantic on Monday, with sustained winds of at least 115 miles per hour (185 kph), U.S. forecasters said.

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  9. New vaccine sneaks into body, then self-destructs - 08, Jul 2008

    WASHINGTON (Reuters) - A new type of vaccine that sneaks into the body and then self-destructs -- all without needles -- may offer a new way to protect against a range of diseases, U.S. researchers reported on Monday.

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  10. Britain rules out badger cull to fight TB in cattle - 08, Jul 2008

    LONDON (Reuters) - The British government said on Monday it would not permit badger culling to tackle tuberculosis (TB) in cattle, risking the anger of farmers.

    More

 

Software News
Microsoft sets pricing, fee sharing for services (Reuters)

Microsoft Chief Executive Officer Steve Ballmer speaks during a luncheon and conference on technology and innovation in Madrid April 25, 2008. (Susana Vera/Reuters)Reuters - Microsoft Corp introduced on Wednesday pricing for its suite of online services targeted at corporate customers and a revenue-sharing plan to encourage other companies to sell the software company's products.


India Expects Software and Services Revenue Growth to Fall (PC World)
PC World - India's revenue from software and services is expected to be slower this year, according to an industry body.
Google lets people create custom virtual realms (AFP)

File photo shows a virtual rendition of US Congressman Edward Markey on Second Life for the UNs climate change convention in Bali, Indonesia. Web firm Google has rolled out a challenge to virtual world giant Second Life with free software that lets people create their own online 3D worlds(AFP/OneWorld.net/File)AFP - Google has rolled out a challenge to virtual world giant Second Life with free software that lets people create their own online 3D worlds that can be embedded on websites and melded with other online functions.


EA says has complied with FTC request on Take-Two (Reuters)

College fullback Owen Schmitt (R), drafted by the NFL's Seattle Seahawks, and DeSean Jackson, a wide receiver drafted by the Philadelphia Eagles, play EA Games NCAA Football at the game-makers; studio in Burnaby, British Columbia May 5, 2008. (Andy Clark/Reuters)Reuters - Video game publisher Electronic Arts Inc said on Tuesday it complied with a regulator's request for more information on its Take-Two Interactive Software Inc bid, moving a step closer to buying its rival.


Real Software, Veryant bolster dev tools (InfoWorld)
InfoWorld - Real Software and Veryant are upgrading development tools this week, with Real Software focused on its RealBasic platform and Veryant on Cobol.
VMware shares plunge on CEO change, slowing growth (AP)
AP - VMware Inc. abruptly replaced co-founder Diane Greene as chief executive Tuesday and lowered its sales outlook, triggering alarms that pounded the business software maker's shares to their lowest depths since the company's lucrative public offering 11 months ago.