China to deepen economic reforms

8 November 2012 Last updated at 01:18 ETChina’s President Hu Jintao has said the country will deepen its economic reforms and boost domestic demand to spur a new wave of growth. Opening the Communist Party congress, Mr Hu added that China needed to work towards a more “market-based” exchange rate for the yuan.China has...

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Canada firms to capitalize on nuclear trade with India

NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after...

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Amid catcalls, Silicon Valley gets its reality TV treatment

SAN FRANCISCO (Reuters) – They have been panned by television critics and disavowed by their own industry. Even for the entrepreneurs-cum-co-stars of Bravo TV‘s “Start-ups: Silicon Valley,” it is getting hard to put on a brave face.“It’s been a nightmare,” confessed Sarah Austin, one of the series’ six pretty twentysomethings who code, party and hustle...

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ABC raises $16.8 million, MTV to hold fundraiser for NJ shore

LOS ANGELES (Reuters) – A “Day of Giving” across ABC television networks raised more than $ 16.8 million for victims of Hurricane Sandy, ABC said on Tuesday.During the event, which aired on Radio Disney, ABC Family, ESPN and other units of the Disney/ABC group, viewers were encouraged to donate to the American Red Cross. A...

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Study: Looking old may be a sign of heart risks

LOS ANGELES (AP) — Want a clue to your risk of heart disease? Look in the mirror. People who look old — with receding hairlines, bald heads, creases near their ear lobes or bumpy deposits on their eyelids — have a greater chance of developing of heart disease than younger-looking people the same age do, new research suggests.Doctors say the study highlights...

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Obama wins second term, Romney concedes defeat

WASHINGTON (Reuters) – President Barack Obama won a second term in the White House on Tuesday, overcoming deep doubts among voters about his handling of the U.S. economy to score a clear victory over Republican challenger Mitt Romney.Americans chose to stick with a divided government in Washington, by keeping the Democratic incumbent in the White House...

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Cautious reformers tipped for new China leadership

BEIJING (Reuters) – China‘s ruling Communist Party will this month unveil its new top leadership team, expected to again be an all-male cast of politicians whose instincts are to move cautiously on reform.Sources close to the leadership say 10 main candidates are vying for seven seats on the party’s next Politburo Standing Committee, the peak decision-making...

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Family defends Malaysian held over Facebook insult

KUALA LUMPUR, Malaysia (AP) — The family of a Malaysian man detained for allegedly insulting a state sultan on Facebook called for his release Monday, saying the government is violating his free-speech rights.Police arrested 27-year-old Ahmad Abdul Jalil in Kuala Lumpur and took him to southern Johor state late Friday. He was freed briefly Monday after...

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Brad Pitt turns designer for high-end furniture collection

LOS ANGELES (Reuters) – Actor Brad Pitt has turned his talents to creating furniture for a luxury design house with a high-end collection inspired by both Art Nouveau and Art Deco, according to Architectural Digest.Pitt, who collaborated on the collection with U.S. furniture designer Frank Pollaro, discussed his inspirations for the capsule collection...

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Congressional panels to hold hearings on meningitis outbreak

WASHINGTON (Reuters) – Two congressional oversight committees will hold hearings next week on the deadly U.S. meningitis outbreak linked to tainted steroid injections and one panel has invited an official from the compounding pharmacy involved, aides said on Monday.The House of Representatives Energy and Commerce Committee expects to hear testimony from...

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