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| Sunday, Jul 28, 2013 11:56 PM PDT | |
| Today's Reuters Science News Headlines - Yahoo! News:
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| Drugmaker Perrigo to buy Ireland's Elan for $8.6 billion Sunday, Jul 28, 2013 11:56 PM PDT By Padraic Halpin DUBLIN (Reuters) - U.S. generic drugmaker Perrigo agreed to buy fellow drug company Elan for $8.6 billion on Monday in a deal that will hand it royalty rights from a blockbuster treatment and tax savings from being domiciled in Ireland. The deal ends a bitter takeover saga in which Elan rejected three hostile bids by U.S. investment firm Royalty Pharma amid injunctions, court hearings and a war of words before putting itself up for sale last month. ... Full Story | Top |
| Exclusive: Bakken flaring burns more than $100 million a month Sunday, Jul 28, 2013 10:07 PM PDT  By Ernest Scheyder NEW YORK (Reuters) - Oil drillers in North Dakota's Bakken shale fields are allowing nearly a third of the natural gas they drill to burn off into the air, with a value of more than $100 million per month, according to a study to be released on Monday. Remote well locations, combined with historically low natural gas prices and the extensive time needed to develop pipeline networks, have fueled the controversial practice, commonly known as flaring. While oil can be stored in tanks indefinitely after drilling, natural gas must be immediately piped to a processing facility. ... Full Story | Top |
| Colombian peace talks resume in Cuba as conflict rages Sunday, Jul 28, 2013 08:41 AM PDT  By Marc Frank HAVANA (Reuters) - The Colombian government and leftist FARC rebels resumed peace negotiations in Havana on Sunday after a recess of more than two weeks, during which 19 soldiers and a number of rebels were killed and rural protests left four farmers dead and several police injured. More than 200,000 people have died and millions have been displaced in fighting since the FARC, or Revolutionary Armed Forces of Colombia, was founded in 1964 as a communist agrarian reform movement. ... Full Story | Top |
| U.S. House set to vote on tough Iran sanctions bill this week Sunday, Jul 28, 2013 08:16 AM PDT By Timothy Gardner WASHINGTON (Reuters) - Lawmakers in the U.S. House of Representatives are due to vote on a tough Iran sanctions bill this week that seeks to squeeze the Islamic Republic's oil exports to a trickle. The Republican-led House is due to vote on Wednesday on the bill that seeks to cut Iran's oil exports by another 1 million barrels per day within one year, congressional aides said. The bill, expected to pass easily in the House, would not become law immediately as no companion legislation has yet passed in the Senate. ... Full Story | Top |
| Italian economy minister calls end to recession this year: press Sunday, Jul 28, 2013 03:48 AM PDT  MILAN (Reuters) - Italy's economy will begin emerging from its longest slump since World War Two in the fourth quarter of this year and should grow through 2014, Economy Minister Fabrizio Saccomanni said. Asked when Italy would exit the recession, Saccomanni told Rome daily Il Messaggero in an interview published on Sunday: "By the end of this year. "The signs can already be seen in this third quarter, the fourth quarter should see the first positive number. And the whole of 2014 will be positive. ... Full Story | Top |
| Iran's new president to return Zanganeh to oil ministry: source Sunday, Jul 28, 2013 03:46 AM PDT  DUBAI (Reuters) - Iranian President-elect Hassan Rouhani is expected to return respected former oil minister Bijan Zanganeh to the post he held for eight years until hardline President Mahmoud Ahmadinejad came to office in 2005, an Iranian industry source said on Sunday. As oil minister under the reformist government from 1997 to 2005, Zanganeh helped attract billions of dollars of foreign investment into Iran's vast oil and gas industry and was seen as being insulated from political attacks on the administration by the strong support of Supreme Leader Ayatollah Khamenei. ... Full Story | Top |
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