Saturday, December 31, 2011

Yahoo! News: Health News

Yahoo! News: Health News


You thought 2011 was tough? (Reuters)

Posted: 30 Dec 2011 02:53 PM PST

Reuters - Shaky Europe. Political gridlock. Volatile markets.

U.S. in $3.5 billion arms sale to UAE amid Iran tensions (Reuters)

Posted: 31 Dec 2011 07:42 AM PST

Reuters - The United States has signed a $3.5 billion sale of an advanced antimissile interception system to the United Arab Emirates, part of an accelerating military buildup of its friends and allies near Iran.

China moving to more convertible yuan: Zhou (Reuters)

Posted: 31 Dec 2011 06:10 AM PST

Reuters - China's central bank governor argued in comments published on Saturday that Beijing does not control the yuan's flow across borders as tightly as some think and that it is natural for the currency's trading band to be widened over time.

Boeing wins $3.48 billion U.S. missile contract (Reuters)

Posted: 30 Dec 2011 09:32 PM PST

Reuters - Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long-range missile shield, the Pentagon said on Friday.

Merkel says Europe must cooperate more for euro to succeed (Reuters)

Posted: 30 Dec 2011 03:00 PM PST

Reuters - Europe must cooperate more closely if it wants the euro to succeed as its shared currency, and it still has a long way to go to overcome its sovereign debt crisis, German Chancellor Angela Merkel said in her New Year's Eve address.

Saudi to set bourse opening rules by January 15: source (Reuters)

Posted: 29 Dec 2011 07:21 AM PST

Reuters - Saudi Arabia is pressing ahead with a long-awaited plan to open up its stock market to foreigners and is now hoping to formalize its rules by January 15, a source with knowledge of the matter told Reuters.

Financial market credit tightened at year end: Fed (Reuters)

Posted: 29 Dec 2011 11:26 AM PST

Reuters - Banks tightened the screws on lending to major financial market participants in recent months, the U.S. Federal Reserve said on Thursday, reflecting concerns about Europe's banking crisis.

AIG's UGC business to launch loan-document product (Reuters)

Posted: 30 Dec 2011 10:16 AM PST

Reuters - American International Group Inc's mortgage-insurance subsidiary plans to launch a product next month that will independently review and store loan paperwork for a fee, the latest attempt to cut down on the battles between banks and insurers over bad mortgage loans.

Treasurys end year as one of best 2011 investments (AP)

Posted: 30 Dec 2011 02:24 PM PST

AP - Investors clamored for Treasurys in 2011, giving the market its best return since 2008, even after the US government lost its sterling AAA credit rating. The turmoil in global markets only seemed to increase demand for Treasurys, which are still seen as the lowest-risk investments anywhere.

Deep Gulf drilling thrives 18 mos. after BP spill (AP)

Posted: 30 Dec 2011 03:40 PM PST

In this Oct. 27, 2011 photo, an underwater robot is lowered into the water to work on equipment on the sea floor, 8,000 feet below. Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean's surface than ever before. (AP Photo/Jon Fahey)AP - Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean's surface than ever before.


Swiss finance minister says U.S. tax deal needs time: radio (Reuters)

Posted: 31 Dec 2011 08:51 AM PST

Reuters - Switzerland and the United States need more time to negotiate a tax deal, Swiss finance minister Eveline Widmer-Schlumpf told Swiss radio on Saturday, as the United States pushes for it to supply information on bank clients who are alleged to have evaded taxes.

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