news LV

---

• ANSA: Cambi: euro sopra quota 1,3 dollari
• ANSA: Crisi: spread apre in calo a 304,5 punti
• ANSA: Petrolio: in rialzo a 94,25 dollari
• Financial Times: Brics summit faces challenges over growth
• Aljazeera: North Korea threatens to strike US mainland
• Financial Times: Kazakhmys falls on ENRC writedown
• Financial Times: US court to hear gay marriage ban case
• Aljazeera: Amanda Knox faces retrial for Kercher murder
• Aljazeera: Sri Lankans barred from IPL games in Chennai
• Financial Times: Italian minister quits over marines trial
• Huffington Post: Monsanto And DuPont Settle Genetically Modified Seed Battle
• Huffington Post: Warren Buffett's Company Likely To Become One Of Goldman's Biggest Shareholders
• Huffington Post: The 87-Year-Old Virgin
• Huffington Post: Pat McGrath's Tips For Recreating The 'Sophia Loren' Look Backstage At Dolce & Gabbana (VIDEO)
• Aljazeera: BRICS wrangle over new development bank

ANSA: Cambi: euro sopra quota 1,3 dollari Posted: 25 Mar 2013 12:24 AM PDT moneta unica scambiata a 123,42 yen

ANSA: Crisi: spread apre in calo a 304,5 punti Posted: 25 Mar 2013 12:32 AM PDT Il tasso si attesta al 4,443%

ANSA: Petrolio: in rialzo a 94,25 dollari Posted: 25 Mar 2013 12:38 AM PDT Brent a 108,28 dollari

Financial Times: Brics summit faces challenges over growth Posted: 25 Mar 2013 11:26 AM PDT The five are still enjoying a surge in growth but they fail to generate such excitement as the heady days before 2008 prove a distant memory

Aljazeera: North Korea threatens to strike US mainland Posted: 26 Mar 2013 01:28 AM PDT Puts military on 'combat-ready' status, with rocket units ordered to prepare for strikes on Hawaii, Guam and mainland.

Financial Times: Kazakhmys falls on ENRC writedown Posted: 26 Mar 2013 03:53 AM PDT London-listed copper miner plunged into red after $2.2bn charge related to the value of its stake in its fellow natural resources group

Financial Times: US court to hear gay marriage ban case Posted: 26 Mar 2013 05:33 AM PDT Advocates hope justices will overturn both Proposition 8 and the federal Defence of Marriage Act, in line with dramatically changing social attitudes

Aljazeera: Amanda Knox faces retrial for Kercher murder Posted: 26 Mar 2013 06:05 AM PDT Italy's top court overturns acquittal of US student and former boyfriend for 2007 murder of flatmate Meredith Kercher.

Aljazeera: Sri Lankans barred from IPL games in Chennai Posted: 26 Mar 2013 09:20 AM PDT IPL and Indian cricket board tell Sri Lankans that their presence may 'aggravate an already charged atmosphere'.

Financial Times: Italian minister quits over marines trial Posted: 26 Mar 2013 09:44 AM PDT Foreign minister Giulio Terzi resigns after government decides to send Italian marines to India to stand trial for alleged killing of two fishermen

Huffington Post: Monsanto And DuPont Settle Genetically Modified Seed Battle Posted: 26 Mar 2013 09:54 AM PDT * DuPont Pioneer gains broad licensing of Monsanto technology * DuPont to pay minimum $1.75 billion in royalties over several years * Deal throws out $1 billion court verdict DuPont owed Monsanto * DuPont shares down 0.9 percent; Monsanto up 3.7 percent By Carey Gillam March 26 (Reuters) - Monsanto Co and DuPont have settled a bitter legal battle over rights to technology for genetically modified seeds and will drop antitrust and patent claims against each other while forging a new collaboration, the companies said on Tuesday. The deal tosses out a $1 billion jury verdict DuPont was ordered to pay Monsanto last August. Instead, the companies agreed that DuPont would make at least $1.75 billion in royalty payments over several years in exchange for broad access to develop products using Monsanto's leading genetic technology. Monsanto shares rose nearly 4 percent on the news, while DuPont shares fell nearly 1 percent. Still, DuPont officials said the agreement was a win for shareholders and sets up its Pioneer agricultural seed unit for future growth. "This is a smart deal for DuPont," Paul Schickler, president of DuPont Pioneer, said in an interview. "We've got access to two additional technologies that we can now combine with our existing technologies as well as the technologies that are in our pipeline." DuPont Pioneer will have broad rights to key new technology that include stacking of traits, Schickler said. Monsanto, which generates revenues both through seed sales and licensing of its genetic seed technology to other companies, said the deal should bring in far more than the minimum $1.75 billion as DuPont pushes the company's technology through its broad customer base. "They were and are the largest soybean company in the world, the United States for sure," said Scott Partridge, vice president/strategy for Monsanto. "We are pleased to have them again as a customer for our newest technology. It is another avenue to put the highest-performing product in the hands of farmers." Under the agreement, which Schickler said came together over the last week, DuPont is to make four annual fixed royalty payments totaling $802 million to Monsanto from 2014 to 2017. Beginning in 2018, DuPont will also pay royalties on a per-unit basis for Genuity Roundup Ready 2 Yield soybean technology and Genuity Roundup Ready 2 Xtend for the life of the agreement in exchange for continued technology access. Annual minimum payments through 2023 will total $950 million. DuPont can start testing Monsanto's material in the field this year and will be able to sell Roundup Ready 2 Yield in 2014. And if regulatory approvals are in place, DuPont will be able to start selling the Xtend product in 2015, according to Schickler. Pioneer will integrate the technology into its own seed germplasm over time, he said. Access to Xtend is key as it is seen as part of a next wave of herbicide-resistant crop technology aimed at dealing with a wave of herbicide-resistant weeds spreading across U.S. farmland. The deal also calls for Monsanto to receive access to certain DuPont Pioneer disease resistance and corn defoliation patents. The settlement comes after a jury in the U.S. District Court in St. Louis awarded Monsanto $1 billion in August, agreeing with the company that DuPont and Pioneer violated a licensing agreement for use of the Roundup Ready trait by trying to stack several traits together. DuPont was pursuing a separate case against Monsanto, alleging anti-competitive behavior, and a hearing in that matter was set for this fall. But under the settlement, each side is dropping its claims against the other. Both DuPont and Monsanto hold strong positions in the U.S. seed industry. They and other competitors have been racing to develop improved crops through genetic modifications and other means. Pioneer, which generated sales of $7.3 billion in 2012, has been gaining market share in North American soybean and corn markets, and its brands have been popular with farmers. Monsanto, which had $13.5 billion in sales last year, is seen as the market leader in developing genetically altered crop technology and is the world's largest seed company. Monsanto introduced its Roundup Ready soybean technology in 1996. Roundup Ready crops can tolerate sprayings of Roundup, or glyphosate-based, herbicide. And the technology has become a foundation for many key crops, including corn, alfalfa, cotton, canola and sugar beets. Shares of DuPont were down 0.9 percent at $48.63 in midday trading, while Monsanto rose 3.7 percent to $103.08. Read More... More on Video

Huffington Post: Warren Buffett's Company Likely To Become One Of Goldman's Biggest Shareholders Posted: 26 Mar 2013 09:56 AM PDT OMAHA, Neb. -- Warren Buffett's company will likely become one of the biggest shareholders in Goldman Sachs Group Inc. later this year, and Berkshire Hathaway Inc. won't even have to part with any cash to do so. Berkshire and Goldman said Tuesday they had renegotiated an agreement that gave Berkshire the right to buy 43.5 million shares of the investment bank for $115 per share. Now the 2008 deal will be settled with stock this fall. Read More...

Huffington Post: The 87-Year-Old Virgin Posted: 26 Mar 2013 09:56 AM PDT "Have you ever looked up the word 'intercourse' in the dictionary?" Cliff said, gruffly. He was an 87-year-old resident of Bayberry Care Center. I was a high school recreation volunteer. "Well," he said, "I never had it." Read More...

Huffington Post: Pat McGrath's Tips For Recreating The 'Sophia Loren' Look Backstage At Dolce & Gabbana (VIDEO) Posted: 26 Mar 2013 09:57 AM PDT Liquid liner is many things: sleek, sexy, mysterious. It's also pretty tricky to apply. But leave it to the brilliant Pat McGrath to break it down for us laymen. Backstage at Dolce & Gabbana's FW14 collection, the Sicilian design duo continued with a variation on a (now familiar) theme: Sophia Loren's timeless sexiness. Yet this time they injected inspiration from the Cathedral Monreale in Palermo, Sicily. The basilica is filled with gleaming tile mosaics -- and the sparkling clothes they sent down the runway certainly reflected that. For the makeup, McGrath centered the look around a stained burgundy lip and that mesmerizing cat eye. First, however, she prepped the model's skin with a matte foundation. By using a foundation bush, McGrath was able to maintain a light touch and avoid over-coverage. "The skin is still alive," she notes. Read More... More on The Beauty Page

Aljazeera: BRICS wrangle over new development bank Posted: 26 Mar 2013 10:44 AM PDT Leaders of world's emerging economies gather in South Africa to discuss proposal to challenge World Bank domination.

You are subscribed to email updates from news LV To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610