China poultry sector losses exceed $1.6 billion on bird flu scare

China poultry sector losses exceed $1.6 billion on bird flu scare


China poultry sector losses exceed $1.6 billion on bird flu scare

Posted: 15 Apr 2013 11:17 PM PDT

BEIJING (Reuters) - China's poultry sector has recorded losses of more than 10 billion yuan ($1.6 billion) since reports emerged of a new strain of bird flu two weeks ago, an official at the country's National Poultry Industry Association told Reuters on Tuesday.

Greater China Cosmetics And Beauty Chain Chlitina Applies For Taiwan IPO

Posted: 15 Apr 2013 11:14 PM PDT

Chlitina Holding, a Taipei-based cosmetics and beauty chain whose business is focused in mainland China, has applied to list its shares at the Taiwan Stock Exchange, according to an exchange statement.

Anger over public apathy after India accident

Posted: 15 Apr 2013 10:56 PM PDT

Man's plea ignored as he cries for help after road accident that killed his wife and daughter near city of Jaipur.

Ergen Throws DISHwater on Sprint/Clearwire Soap Opera

Posted: 15 Apr 2013 10:17 PM PDT

This story just gets more and more convoluted just as a good soap opera should. All it is missing is the organ chords at the end of the show to get you to tune in tomorrow. Clearwire garners bids almost weekly now for offers of help, money, moral support, or suitors who wish to save Pauline from the Perils of being tied by its abusive parent Sprint to the railroad tracks.  That's odd, wouldn't you say, for an entity (Clearwire)  that Sprint, its on again off again majority shareholder,  insists  has no real value. And don't forget for a moment that Sprint's CEO Joe Eutenauer was in NY in 2011 hosting meals for investors and talking openly about putting Clearwire down for the count into bankruptcy.   When its Board decided that was not the right path to pursue, then Hesse and Co. decided to starve Clearwire of traffic or funds one way or another. Sprint worked hard for more than two years to bring Clearwire to its knees with the long term scheme of buying it back for a song.

NKorea, marking leader's birthday, shows more ire

Posted: 15 Apr 2013 10:21 PM PDT

A food shop keeper sweeps with a broom while people line up outside a shop window in Pyongyang, North Korea, Tuesday, April 16, 2013. (AP Photo/Alexander F. Yuan)PYONGYANG, North Korea (AP) — After a day of festivities to mark the 101st birthday of its first leader, North Korea on Tuesday offered new prickly rhetoric against the United States and South Korea, which are watching closely for signs whether it will conduct a medium-range missile test in defiance of international concerns.


Railway Spending Up in China

Posted: 15 Apr 2013 09:51 PM PDT

China spent $8.8 billion on railway infrastructure construction in the first quarter, up 28% from a year earlier.

Shanghai H7N9 Bird Flu Situation Said "Stable"

Posted: 15 Apr 2013 10:05 PM PDT

Shanghai officials have described the N7N9 bird flu situation as "stable" after no new cases were reported yesterday, the state-run Shanghai Daily reported today.

NKorea marks founder's birthday, issues more ire

Posted: 15 Apr 2013 10:05 PM PDT

People watch TV news program showing North Korea founder late Kim Il Sung, left, and his son leader late Kim Jong Il, second from left, at Seoul Railway Station in Seoul, South Korea, Monday, April 15, 2013. Oblivious to international tensions over a possible North Korean missile launch, Pyongyang residents spilled into the streets Monday to celebrate a major national holiday, the birthday of their first leader, Kim Il Sung. (AP Photo/Ahn Young-joon)PYONGYANG, North Korea (AP) — North Korea quietly marked a second day of celebrations for its first leader's birthday and issued prickly new rhetoric Tuesday threatening retaliation for what it sees as provocations by South Korea and the United States, who have been watching closely for signs the North may go ahead with a suspected medium-range missile launch.


Why Insects Sing? A Conversation with David Rothenberg

Posted: 15 Apr 2013 09:31 PM PDT

Philosopher and musician David Rothenberg is the author of Why Birds Sing, also published in Italy, Spain, Taiwan, China, Korea, and Germany. Rothenberg has also written Sudden Music, Always the Mountains, and Thousand Mile Song, about making music live with whales. His last book was Survival of the Beautiful, on aesthetics in evolution.  His first CD on ECM Records, with pianist Marilyn Crispell, One Dark Night I Left My Silent House was released in 2010. Rothenberg is professor of philosophy and music at the New Jersey Institute of Technology.

World Digest: At least 55 die in attacks across Iraq; pope backs overhaul of U.S. nuns group

Posted: 15 Apr 2013 09:21 PM PDT

Insurgents in Iraq deployed a series of car bombs as part of highly coordinated attacks that cut across a wide swath of the country Monday, killing at least 55 people on the deadliest day in nearly a month.

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Exclusive Dragon's Maze Preview: Warped Physique

Posted: 15 Apr 2013 09:01 PM PDT

Our preview card for this Magic: The Gathering Dragon's Maze season of surprises and spoilers is Warped Physique, an uncommon Dimir spell that looks like a Limited winner.  While it may not appear as immediately useful as something like Agony Warp, this Dimir spell enables a full range of deceptive possibilities.   Warped Physique is easy to cast as instant removal, but there's a catch.  As Warped Physique can viably handle huge targets with a sizable hand, decks that sport it will get considerably more value out of the card if they are able to play reactively instead of laying everything out on the table.  It's especially important not to play extraneous land drops if your deck has acquired a few Warped Physiques during draft or from a sealed pool, as every card is essential for making it a potent removal spell.

Aberdare Ventures Moves Deeper Into Digital Health

Posted: 15 Apr 2013 09:01 PM PDT

Life sciences venture capital firms may be waiting for the big exit in digital health before taking the plunge, but not Aberdare Ventures. It just recruited Mohit "Mo" Kaushal as a partner to lead early stage investments. He complements a team that includes Darren Hite, and Naheed Misfeldt, familiar faces in the digital health world. "We feel great about it and emboldened to use capital," says Paul Klingenstein, Aberdare's founder. There's cause. Venture funding in life sciences—which includes biotech and medical devices dropped 14% to $6.6 billion last year according to PwC US. In contrast, venture firms, as well as corporate sponsors, are looking more closely at a rising crop of start-ups that are deploying technology and IT-enabled services to chip away at health care inefficiencies and costs. According to accelerator Rock Health, digital health start-ups raised $1.4 billion last year, a 45% increase over 2011. Of 179 investors, 5 made four or more investments; Aberdare was one of the top 3, along with Qualcomm, and Merck. Over the past two years, the San Francisco-based firm has shifted the bulk of its investments in its fourth fund, which has $130 million under management, from life sciences to digital health (Klingenstein throws personalized medicine as part of the health tech mix). His overarching thesis: unsustainable health care costs that are sapping U.S. competitiveness are pushing various stakeholders to pay for efficiencies to lower costs. Since 2010, Aberdare has invested in 7 digital health start-ups, including Jiff, which connects payers, patients and health care providers, clinical trial software goBalto, and RxAnte, which offers predictive tools for medication adherence. Rock Health is also a portfolio investment. Funding ranges between $3 million and $5 million. Kaushal, who trained as an emergency room doctor in the U.K. and holds an MBA from Stanford, was part of a team of health care policy makers in the Obama administration--a background he shares with Venrock partner Bob Kocher. He was a member of the White House Health IT taskforce, and assembled the first health care team at the Federal Communications Commission, where he wrote the health care chapter of the FCC's National Broadband Plan. In 2011, he left government to set up West Health's investment fund which targets digital health start-ups. He invested in RxAnte and goBalto, along with Aberdare's Darren Hite, a friend from Stanford. Kaushal scored when UnitedHealth Group bought West Health portfolio company Humedica, a data analytics firm for "hundreds of millions of dollars," according to Boston Business Journal. For Kaushal, Humedica was an example of government policy, in the form of meaningful use requirements for electronic health records, creating opportunities to mine the flood of patient data. At Aberdare, he will continue to exploit those opportunities. "For me, the fundamental issues are what pieces of policy are accelerating changes," he says. "Mo doesn't wave his hands around like a think-tank pundit," says Aaron McKethan who worked with Kaushal in government before joining RxAnte. Kaushal gave him and his team a dose of reality on how "harder, longer, and more money their business will take," and credits Kaushal with helping sharpen their strategy. "It's fun watching busy hospital executives in the Midwest or somewhere crowding around to see what the young British doctor thinks will transform U.S. health care," says McKethan.

Russia Activist Facing Trial Discusses Personal Toll

Posted: 15 Apr 2013 06:20 PM PDT

Russian anticorruption blogger and opposition activist Alexei Navalny is preparing to stand trial starting Wednesday in the provincial city of Kirov on charges that he stole 16 million rubles ($509,000) of lumber from a state timber company there in 2009.

Gordy-Francois Connection Led Chrysler To 'Motown' Musical

Posted: 15 Apr 2013 08:37 PM PDT

Just-opened Motown: The Musical is getting some mixed reviews in New York, but Chrysler Group CMO Olivier Francois has no doubt that the production "is here to stay. It's going to be the next big deal on Broadway." And given the marketing potential of being associated with Berry Gordy Jr.'s musical ode to himself and the iconic Motown artists he nurtured, Francois was surprised that one of Chrysler's Detroit rivals didn't try to beat Chrysler to a partnership with the show. "The miracle is that clearly [the show] could have spoken to GM and Ford as well as Chrysler," Olivier told me. "They are part of the story; they are also from Detroit." Gordy signed a sponsorship agreement with Chrysler which has included not only financial backing for the show but also producing a special Motown edition of its Chrysler 300 sedan, starring Gordy in a TV ad for the car, and chipping in for a billboard in Times Square and other marketing support that the New York Times said has a value of $6 million to $8 million. Francois believes that, in addition to the Chrysler brand's embrace of the Motor City in its "Imported From Detroit" brand positioning, his own past in Europe as a music producer played a role in gaining the confidence of the Motown founder -- and Motown: The Musical  playwright. "I happened to meet Mr. Gordy through common friends, and clearly for an old music guy coming from Europe, that was a treat for me," Francois recalled. "We connected because we speak the same language; it is more like conversation from a dad to a son." Chrysler "wasn't looking for something" when Francois heard about Motown: The Musical from Gordy. "But we felt we wanted to be part of it," Francois said. And Gordy's story "is a perfect embodiment of our brand values -- hard work, believing, being a visionary, doing things differently, taking risks, breaking a pattern -- that's us." Interestingly, Francois and his background in music are given a lot of credit for Chrysler's being able to land Eminem in 2010 to star in the "Born of Fire" TV ad, which introduced the "Imported From Detroit" theme in the Super Bowl in 2011. If Motown: The Musical can light up Broadway in a fashion similar to how the Eminem spot ignited the recovery of Chrysler, Francois and his musicality will have one two-for-two.

Boston Marathon bomb blasts kill at least three, leave scores injured

Posted: 15 Apr 2013 08:19 PM PDT

BOSTON — As runners in the Boston Marathon charged over the finish line Monday afternoon, two bomb blasts released orange balls of fire into the air, lifting runners off their feet, killing at least three people, injuring more than 130 others, and driving Boston and the nation once more into the grim work of responding to terror.

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China points finger at U.S. over Asia-Pacific tensions

Posted: 15 Apr 2013 10:55 PM PDT

BEIJING (Reuters) - China's defense ministry made a thinly veiled attack on the United States on Tuesday for increasing tensions in the Asia-Pacific by ramping up its military presence and alliances in the region, days after the top U.S. diplomat visited Beijing.

China points finger at U.S. over Asia-Pacific tensions

Posted: 15 Apr 2013 10:55 PM PDT

Members of the People's Liberation Army guard of honour stand with red flags during an official welcome ceremony in BeijingBy Ben Blanchard BEIJING (Reuters) - China's defense ministry made a thinly veiled attack on the United States on Tuesday for increasing tensions in the Asia-Pacific by ramping up its military presence and alliances in the region, days after the top U.S. diplomat visited Beijing. China is uneasy with what the United States has called the "rebalancing" of forces as Washington winds down the war in Afghanistan and renews its attention in the Asia-Pacific. China says the policy has emboldened Japan, the Philippines and Vietnam in longstanding territorial disputes. ...


Welcome To Sin Inc

Posted: 15 Apr 2013 07:28 PM PDT

It's been two years since I started blogging for Forbes. Back then, I'd just been downsized.

Defining a Microeconomic Strategy for Global Competitiveness

Posted: 15 Apr 2013 07:24 PM PDT

For most of the 20th Century, Northeast Ohio's economy was supported by its material sciences, engineering, transportation infrastructure, and steel and auto manufacturing sectors. But, like other regions across the country, it saw these competitive advantages disappear under the pressures of global competition. Northeast Ohio lost tens of thousands of manufacturing jobs in the steel and tire industries in the 1970s and 80s, and Cleveland became a poster child for post-industrial challenges.

U.S. arrests man linked to Israeli tycoon in Africa graft probe

Posted: 15 Apr 2013 06:30 PM PDT

By David Rohde and Clara Ferreira-Marques NEW YORK/LONDON (Reuters) - FBI agents have arrested a man who worked as a representative of Israeli billionaire Beny Steinmetz' operations in Guinea, as part of a probe into alleged corruption in the mineral-rich West African country. BSG Resources, the mining arm of Steinmetz' conglomerate, is currently battling the African nation over the right to mine one of the world's largest untapped iron-ore deposits, known as Simandou. ...

The Lede: Live Updates: Explosion at Boston Marathon

The Lede: Live Updates: Explosion at Boston Marathon


The Lede: Live Updates: Explosion at Boston Marathon

Posted: 15 Apr 2013 12:37 PM PDT

On Monday afternoon, explosions were detonated near the finish line of the Boston marathon.
    


Explosions hit Boston Marathon in US

Posted: 15 Apr 2013 12:37 PM PDT

Injured spectators carried to medical tent for runners after blasts strike finish line of the event.

No action over Aguero challenge

Posted: 15 Apr 2013 07:48 AM PDT

Manchester City's Sergio Aguero will face no action for his tackle on Chelsea's David Luiz in the FA Cup semi-final.

Explosions Reported at Site of Boston Marathon

Posted: 15 Apr 2013 12:28 PM PDT

The explosions were reported on Boylston Street, near the finish line of the storied race. The Boston police confirmed they were investigating.
    


New York Times Wins 4 Pulitzer Prizes

Posted: 15 Apr 2013 12:23 PM PDT

Prizes went for reporting on actions of Apple and Wal-Mart overseas. The nonprofit InsideClimate News won for its coverage of oil pipelines.
    


Thatcher still revered, reviled

Posted: 15 Apr 2013 12:22 PM PDT

In the week between her death and her funeral, Britons are having an awkward time coming to terms with the legacy of Margaret Thatcher, a prime minister who last held office 23 years ago -- meaning no one under 40 could have voted for her, yet the mix of anger and admiration is spread across the generations.

Explosions hit Boston Marathon

Posted: 15 Apr 2013 12:48 PM PDT

Two explosions at the finish line of the Boston Marathon leave an unknown number of people injured.

Two Explosions at Boston Marathon Finish Line

Posted: 15 Apr 2013 12:06 PM PDT

Authorities are investigating a report of two explosions at the finish line of the Boston Marathon. There were two booms heard from near the finish line inside the Fairmount Copley Plaza Hotel.
    


Woman raises puma cubs at home

Posted: 15 Apr 2013 09:59 AM PDT

A Lithuanian woman says she has been raising three pumas in her three-room apartment after fearing for their lives at the local zoo.

Kobo unveils 'high-def' e-readers

Posted: 15 Apr 2013 11:43 AM PDT

Kobo unveils the Aura HD, an e-reader with a "high definition" screen which it suggests outclasses Amazon's market leading Paperwhite.

Millwall chief meets FA hierarchy

Posted: 15 Apr 2013 10:34 AM PDT

Millwall chief executive Andy Ambler meets FA officials after the violence in his club's FA Cup semi-final defeat by Wigan.

Tensions High, U.S. Security Chief Meets With Putin

Posted: 15 Apr 2013 11:38 AM PDT

The purpose of the visit was to push for more nuclear cuts and for greater cooperation on Iran and North Korea, but the timing was awkward amid new American sanctions on a list of Russians.
    


U.N. aid groups say world must act now to save Syria

Posted: 15 Apr 2013 11:49 AM PDT

DUBLIN (Reuters) - World leaders must act urgently to break the diplomatic deadlock around Syria if they want to prevent the crisis from reaching a dangerous tipping point, the heads of the United Nations aid agencies said on Monday in a rare political appeal.

Czech PM says opposition seeks cover up of secret communist files

Posted: 15 Apr 2013 11:43 AM PDT

PRAGUE (Reuters) - Czech Prime Minister Petr Necas accused opposition Social Democrats on Monday of trying to cozy up to the Communists ahead of polls next year by seeking to suppress secret police files that could embarrass the party that ruled for 40 years.

Granta Names Best of Young British Novelists

Posted: 15 Apr 2013 11:25 AM PDT

Granta magazine announces its once-in-a-decade selection of the 20 best young British novelists.
    


Wall Street and Gold Extend Declines

Posted: 15 Apr 2013 11:05 AM PDT

Investors turned bearish after data showed that economic growth in China was slower than expected, pushing stock and commodity prices lower.
    

Stand-off over Venezuela declaration

Posted: 15 Apr 2013 12:43 PM PDT

Venezuela's defeated presidential candidate calls on the election authorities not to proclaim Nicolas Maduro the victor until a recount is carried out.

Granta unveils top 20 writers list

Posted: 15 Apr 2013 11:30 AM PDT

Granta magazine reveals its once-a-decade list of the most promising British writers aged under 40, with Zadie Smith and Adam Thirlwell enjoying a second appearance after being listed in 2003.

Head of Islamist militia survives attack in eastern Libya

Posted: 15 Apr 2013 11:18 AM PDT

TRIPOLI (Reuters) - Gunmen fired at a convoy of cars carrying the head of an Islamist militia in the eastern Libyan city of Derna, injuring one person, residents said on Monday.

Ultrarunner Competes on Far Side of Extreme

Posted: 15 Apr 2013 09:11 AM PDT

Even by the standards of other ultrarunners, Lizzy Hawker, a 36-year-old from Britain, has built a reputation for pushing farther, faster and more often.