Preciosa Dumlao

Buy-side investors favor emerging markets, but prime brokers 'hold the keys to kingdom'

Institutional buy-side investors see the emerging financial markets as a source of ongoing positive returns as developed markets continue to show slower growth and increased risks. According to TABB Group in new research published today, prime brokers hold the key to the hardest-to-access markets based on their ability to provide cost-efficient access products as well as technology platforms, including direct markets access (DMA) systems and cross-region, cross-asset portfolio management too...

Rawlings teams up with the Cardinals and Royals to help Joplin

Rawlings Sporting Goods Company, Inc., in partnership with the St. Louis Cardinals and the team's non-profit foundation, Cardinals Care, will launch two initiatives beginning this weekend to support the continued relief efforts to help Joplin, Missouri recover from the devastating tornado that tore through the city in May.

Group appeals for relief as Libya's casualty mounts

The Libya Relief Fund is appealing governments and generous individuals to provide aid and relief those affected by the humanitarian disaster in Libya and at the same time launched a campaign to raise awareness of the human and social crisis unfolding in Libya and educate the general public on the nature of the conflict.

Millions driven into poverty as global food prices rise

The price of staple foods such as corn, already at an all time high, could more than double in the next 20 years according to a new report released today by international humanitarian organization Oxfam. Up to half of this rise is due to climate change and the world's poorest people, who spend up to 80 percent of their income on food, will be hardest hit.

Land grab across Africa pushing global food prices up

Hedge funds and other foreign speculators are increasing price volatility and supply insecurity in the global food system, according to a series of investigative reports released today by the Oakland Institute. The reports are based on the actual materials from these land deals and include investigation of investors, purchase contracts, business plans and maps never released before now.

Global buyers wary to re-enter housing market

A new global survey suggests that home buyers around the world are poised to re-enter the housing market, but property market instability and worries about their personal finances are holding them back.

Researchers use new genetic mapping for cancer prevention

A dramatically better computer tool for finding the genetic missteps that fuel cancer has been developed by St. Jude Children's Research Hospital - Washington University Pediatric Cancer Genome Project investigators. Researchers are using the new algorithm to help identify the chromosomal rearrangements and DNA insertions or deletions unique to cancer.

Scientists to present new ways to treat heart disease

The world's leading researchers in cardiovascular medicine will present their most-recent findings at the American Society of Echocardiography (ASE) 22nd Annual Scientific Sessions, June 11-14, 2011 in Montreal, Quebec, Canada. Many of this year's presentations will significantly impact the diagnosis and treatment of heart disease and the utilization of cardiovascular ultrasound.

Experts: U.S. nuclear industry in bigger growth slump

Even as Germany, Japan, Switzerland and other nations move to abandon existing and planned nuclear reactors, the United States is on a path to see at best only a small handful of already planned, government-backed reactor projects proceed, a group of experts said today.

Midas Medici acquires assets of Energy Hedge Fund Center, LLC

Midas Medici Group Holdings, Inc. (OTCBB: MMED), an innovative green IT company in the fields of virtualization, cloud computing and data management, as well as Smart Grid solutions, today announced that its Czech Republic-based CommodityPoint business has acquired the assets of Energy Hedge Fund Center, LLC ("EHFC"), a web portal and community for clients interested in hedge funds in the energy and commodity sectors.

Google launches new social network button

Google came out with its new '+1" button. This is Google's newest foray into the social scene, although they claim this is yet the social network to rival Facebook. The +1 button is a small icon that will become featured in searches done on Google. The idea is that when you see a search result you like, you will +1 it, thus telling others in your Google social group that you like the result.

New York Mayor Bloomberg and AT&T launch free wi-fi service in 20 New York City parks

Mayor Michael R. Bloomberg and AT&T Chairman and CEO Randall Stephenson today announced a five-year initiative to provide free Wi-Fi service at 26 locations in 20 New York City parks across the five boroughs. Starting today, AT&T Wi-Fi is available free of charge to any users at Battery Bosque in Battery Park, the north-end playground in Joyce Kilmer Park in the Bronx, and around the recreation center at Thomas Jefferson Park in East Harlem, with 23 additional park locations to follow throughout...

New Space Station crew for Soyuz

NASA astronaut Mike Fossum, Russian cosmonaut Sergei Volkov and Japanese astronaut Satoshi Furukawa launched to the International Space Station at 3:12 p.m. CDT Tuesday (2:12 a.m. local time, Wednesday) from the Baikonur Cosmodrome in Kazakhstan.

Scientists confident to ending AIDS epidemic

An international coalition of scientists and activists launches a common platform for ending the AIDS epidemic. Thirty years into the epidemic, as world leaders come together at the United Nations to recommit to a global AIDS response, the broad-based international coalition issued a statement calling for world leaders to support a rational, evidence-based approach to responding to AIDS. The group also calls for additional signatories to the declaration.

Sony launches 'PlayStation®Vita'

Sony Computer Entertainment Inc. announces PlayStation®Vita (PS Vita) (PCH-1000 series) as the official platform name for the next generation portable entertainment system (codename: NGP). Wi-Fi model will be available for 24,980 yen (including tax) in Japan, $249 in US and euro 249 in Europe, 3G/Wi-Fi model will be available for 29,980 yen (including tax) in Japan, $299 in US and euro 299 in Europe and successively launch in global market starting the end of 2011.

Parrot introduces AR.Drone

Parrot, leaders in wireless peripherals for mobile phones, revolutionised the video gaming world by creating the AR.Drone, the first flying object in Augmented Reality piloted through Wi-Fi.

Americans cut back on oil products, services

With Memorial Day comes various events that signify the start of summer. These range from the first cook-out to opening the swimming pool to planning summer vacations. It also means the beginning of the summer driving season and higher gas prices are having an impact. Half of Americans who own a vehicle (51%) say they have cut back on products and/or services in order to pay the increased price of gasoline. As might be expected, those with lower household income are more impacted.

Study shows America's strong opposition to Health Care Reform Law

TABS Group, Inc., a marketing research and consulting firm has released a new study that points to a 4-to-1 "commitment gap" in the level of support for the recent multi-billion dollar health care reform legislation passed in 2010 by Congress and signed by President Obama. That is, only 8% of those 18 years of age or older noted they are "Very Favorable" to the law, whereas 32% are noted they are "Very Unfavorable," a 4-fold disparity among those with a strong opinion on the m...

Volkswagen sales higher in May, strongest in 7 years

Volkswagen of America, Inc. has reported 30,100 units sold in May 2011, a 27.9 percent increase over prior year sales and the company's best sales month since August 2003. Year-to-date sales are up 19.7 percent.

CPA Outlook Index drops as US economic optimism wanes

According to the latest AICPA Economic Outlook Survey, chief financial officers, controllers and CPAs in executive and senior management accounting roles are far less optimistic now about the direction of the U.S. economy than they were in the first quarter of 2011.

MultiCell Technologies gets patent for liver disease treatment

MultiCell Technologies, Inc. (OTC Bulletin Board: MCET) announces the issuance of U.S. patent 7,935,528 by the United States Patent and Trademark Office (USPTO) relating to the isolation and use of human liver stem cells to treat liver disease. Under the terms of its license agreement with Rhode Island Hospital, MultiCell Technologies is the worldwide exclusive licensee of U.S. patent 7,935,528.

Japan needs to avoid Russia's mistake on Chernobyl

Japan's already reeling economy could be crushed by over-reaction to the Fukushima disaster, warns radiation scientist T.D. Luckey in the summer 2011 issue of the Journal of American Physicians and Surgeons.