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Archive for October 30th, 2008

Vitamin E or Selenium does not Prevent Prostate Cancer »

A new study conducted by Dr. Eric Klein of Cleveland Clinic and , Ohio reveals Vitamin E supplements and selenium do not lower the risk of prostate cancer nor prevent it.

US embassy in Syria closes for day due to “security concerns” »

Damascus - The US embassy in Damascus is closing for one day on Thursday for security reasons, according to the embassy’s website.

BASF reports third quarter drop in profits »

Ludwigshafen, Germany - BASF, the world’s biggest chemicals company, reported Thursday a third-quarter drop in profit despite an increase in sales.

Austria aids Erste Bank with 2.7 billion euros »

Vienna - As the first large Austrian bank to apply for government aid, Erste Group Bank AG said Thursday it will receive 2.7 billion euros (3.5 billion dollars) of public funds to strengthen its capital base.
The percentage of the bank’s debts covered by equity through the cash injection will rise to 10 per cent [...]

Energy group Vattenfall Q3 earnings increase on Nordic operations »

Stockholm - Swedish state-owned energy group Vattenfall on Thursday posted higher operating profits for third-quarter 2008, boosted by its operations in the Nordic region.

Deutsche reports third-quarter profit despite financial crisis »

Frankfurt - In spite of the market turmoil unleashed by the world financial crisis, Deutsche Bank AG reported Thursday a third-quarter profit helped along by new accounting rules.

NEC returns to black in July-September on capital gains »

Tokyo - NEC Corp returned to the black in the second quarter of fiscal 2008 that runs through March 31.

Melamine discovered in Chinese eggs, authorities make first arrest »

Beijing - Authorities made a fist arrest in the evolving scandal over melamine-contaminated eggs, a Chinese news report said.

Spurs’ Oberto sidelined by irregular heartbeat »

Los Angeles - San Antonio’s Fabricio Oberto missed the season opener against the Phoenix Suns on Wednesday night, and the backup centre is expected to sit out at least another game, due to an irregular heartbeat, the club announced on its website.

German unemployment falls defying economic gloom, analysts say »

Berlin - German unemployment fell in October, defying the economic gloom facing the nation, analysts say.