6 hostages taken in Gulf of Guinea released after weeks of captivity

October 1, 2010 10:09 am· Comments Off on 6 hostages taken in Gulf of Guinea released after weeks of captivity 

YAOUNDE, Oct. 1 — The six hostages taken two weeks ago in the Gulf of Guinea were released on Thursday, a government official said.

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Obama calls Cameron on ratification of defense treaty

October 1, 2010 10:09 am· Comments Off on Obama calls Cameron on ratification of defense treaty 

WASHINGTON, Oct. 1 — U.S. President Barack Obama on Thursday called British Prime Minister David Cameron on the ratification of a defense treaty between the United States and Britain, which facilitates the trade of defense articles, the White House said in a statement.

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U.S. voices full support for Ecuador's president

October 1, 2010 10:09 am· Comments Off on U.S. voices full support for Ecuador's president 

WASHINGTON, Oct. 1 — U.S. Secretary of State Hillary Clinton on Thursday voiced "full support" for Ecuadorian President Rafael Correa, calling for a rapid and peaceful restoration of order in Ecuador.

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Researchers engineer microbes for low-cost production of anti-cancer drug

October 1, 2010 10:09 am· Comments Off on Researchers engineer microbes for low-cost production of anti-cancer drug 

WASHINGTON, Oct. 1 — A U.S. team has engineered E. coli bacteria to produce large quantities of a critical compound that is a precursor to the cancer drug Taxol, originally isolated from the bark of the Pacific yew tree.

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Rains kill 25 in southeastern Mexico

October 1, 2010 10:09 am· Comments Off on Rains kill 25 in southeastern Mexico 

MEXICO CITY, Oct. 1 — General Director of the State Institute of Civil Protection Luis Manuel Garcia said Thursday that the rains killed 25 people, with 54 of the 118 municipalities in Chiapas state being affected.

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Chicago corn drops with U.S. inventory higher than expected

October 1, 2010 10:09 am· Comments Off on Chicago corn drops with U.S. inventory higher than expected 

CHICAGO, Oct. 1 — Chicago corn on Thursday dropped following the release of the USDA's report on grain stocks, which shows that U.S. corn stocks are well above market expectations. Meanwhile, wheat also suffered contraction while soybeans rebounded amid strong demand from China.

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Canadian government acts to boost sluggish economy

October 1, 2010 10:09 am· Comments Off on Canadian government acts to boost sluggish economy 

by Mark Bourrie

OTTAWA, Oct. 1 (PNA/Xinhua) — Canada's finance minister has scaled back a scheduled tax increase to try to return Canada to the high post-recession growth rates that have shown signs of stagnation in recent months.

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Dollar slides on Fed speculation

October 1, 2010 10:09 am· Comments Off on Dollar slides on Fed speculation 

NEW YORK, Oct. 1 — The U.S. dollar slid for the whole September as U.S. economic prospects still remained vague and the Federal Reserve said it would take more actions to bolster the economy if needed.

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Dow finishes best September in 71 years on down note

October 1, 2010 10:09 am· Comments Off on Dow finishes best September in 71 years on down note 

NEW YORK, Oct. 1 — The Dow Jones industrial average scored both the best September and the best third quarter in more than seven decades, although major indexes finished the session on a down note on Thursday.

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HP names ex-software exec as new CEO, president

October 1, 2010 10:09 am· Comments Off on HP names ex-software exec as new CEO, president 

SAN FRANCISCO, Oct. 1 — Hewlett-Packard Co. on Thursday announced ex-CEO of business software maker SAP Leo Apotheker as the company's new Chief Executive Officer and president of the board of directors.

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