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Russia to hold major exercises of strategic missile forces: RIA news agency

Tuesday, 11:44 PM

MOSCOW (Reuters) - Russia will conduct major exercises in September of the strategic missile forces responsible for its long-range nuclear arsenal, RIA news agency quoted the Defense Ministry as saying. The exercises were announced amid heightened tensions with NATO over the Ukraine crisis. RIA said they would involve more than 4,000 servicemen and about 400 technical units, including aviation. (Reporting by Mark Trevelyan, Editing by Timothy Heritage)

Two S. Korean soldiers die during training

Tuesday, 11:43 PM

South Korean soldiers take part in a drill in Seoul on August 18, 2014Two young soldiers in South Korea's special warfare unit died during training, the military said Wednesday, following a series of incidents and suicides that have unleashed public fury over bullying in the army.

Obama aims to show solidarity with Baltics

Tuesday, 11:37 PM

U.S. President Barack Obama steps off Air Force One as he arrives in Tallinn, Estonia, Wednesday, Sept. 3, 2014, for a one day visit where he will meet with Baltic State leaders before heading to the NATO Summit in Wales. (AP Photo/Charles Dharapak)TALLINN, Estonia (AP) — President Barack Obama will stand shoulder to shoulder with Baltic leaders Wednesday in a show of solidarity with NATO allies who fear they could be the next target of Russia's aggression.

Venezuelan president shakes up cabinet

Tuesday, 11:31 PM

Venezuela's Minister of Petroleum and Mining and president of the state owned oil company PDVSA, Rafael Ramirez, pictured in Caracas, on May 27, 2013Venezuela's President Nicolas Maduro replaced Rafael Ramirez as head of the country's state oil giant PDVSA and appointed him as foreign minister. Ramirez, who held the post for a decade, on Tuesday was also relieved of his role as the oil minister and vice president for economic policy, to become -- in addition to top diplomat -- political vice president. Venezuela has the world's largest proven oil reserves and PDVSA is the world's fifth largest oil company, but the Latin American country is facing a growing economic crisis.

Broncos receiver Welker gets four-game doping ban

Tuesday, 9:19 PM

NFL: Preseason-Denver Broncos at San Francisco 49ers(Reuters) - Denver Broncos wide receiver Wes Welker has been suspended for the first four games of the 2014 season for violating the National Football League (NFL)'s performance-enhancing substances policy. The league never makes public what substances athletes test positive for but the Denver Post reported it was the banned stimulant Adderall, a drug prescribed to treat Attention Deficit Hyperactivity Disorder (ADHD). The news comes just five days before the Broncos, who lost last season's Super Bowl, begin their season with a home game against the Indianapolis Colts.

Battle lines drawn with Ryder Cup wildcards announced

Tuesday, 7:55 PM

PGA: US PGA Championship-Second RoundBy Mark Lamport-Stokes LOS ANGELES (Reuters) - The final pieces of the Ryder Cup jigsaw were slotted into place on Tuesday as holders Europe, who will be hosts and heavy favorites later this month, and the United States rounded out their 12-man teams with three wildcard picks. European captain Paul McGinley, spoilt for choice, ultimately went for seasoned Cup veterans in Ian Poulter and Lee Westwood along with 39-year-old rookie Stephen Gallacher. Later in the day, McGinley's counterpart Tom Watson opted for a blend of experience and form by announcing Keegan Bradley, Hunter Mahan and Webb Simpson as his three picks. While both captains expressed delight and strong faith in their teams, the Americans will go into the Sept. 26-28 matches at Gleneagles in Scotland with a record of seven losses in the last nine editions.

Ex-governor's trial may hinge on cryptic email

Tuesday, 11:35 PM

FILE - In thie April 11, 2014 file photo, Former Connecticut Gov. John G. Rowland arrives at federal court in New Haven, Conn. Rowland is due back in federal court as a criminal defendant, almost a decade after pleading guilty to political corruption. Rowland faces a conspiracy trial this time, accused of scheming to hide political consulting work for two campaigns. (AP Photo/Jessica Hill)NEW HAVEN, Conn. (AP) — Former Connecticut Gov. John G. Rowland is scheduled to return to federal court almost a decade after pleading guilty to political corruption.

Detroit-area man faces prison for death on porch

Tuesday, 10:47 PM

FILE - In this Aug. 4, 2014 file photo, Theodore Wafer, of Dearborn Heights, Mich., testifies in his own defense during his trial for the Nov. 2, 2013, killing of Renisha McBride in Detroit. Wafer is scheduled to return to court for sentencing next Wednesday, Sept. 3, 2014, about a month after he was convicted of second-degree murder in the shooting of Renisha McBride. Prosecutors want the judge to follow sentencing guidelines and send Wafer to prison for at least 17 years for murder and the unlawful use of a gun. Defense attorney Cheryl Carpenter is asking for as little as six years. (AP Photo/Detroit News, Clarence Tabb Jr., File)DETROIT (AP) — A suburban Detroit man who shot an unarmed woman on his porch could come face-to-face with her parents as he receives his sentence for second-degree murder.

Asian shares rise, dollar on top of the heap

Tuesday, 11:25 PM

A man stands in front of an electronic board, showing the various stock prices, outside a brokerage in TokyoBy Lisa Twaronite TOKYO (Reuters) - Upbeat Chinese services activity reports helped lift Asian shares on Wednesday, while the dollar was close to 14-month highs against a basket of major currencies after data underscored that the U.S. Chinese stocks cheered the reports, with the Shanghai Composite Index and the Hang Seng Index rising 1 percent and 1.8 percent respectively.

U.S. bank regulators set to adopt liquidity, swaps margin rules

Tuesday, 10:04 PM

Sun rises to the east of the U.S. Federal Reserve building in WashingtonRegulators also will unveil a separate proposal governing how much money swaps buyers and sellers must set aside when they make trades outside central clearing houses. The rules from the Federal Reserve, Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC) are part of a series of reforms aimed at making banks sturdier and heading off another economic meltdown. The liquidity rules, which call for big banks to hold enough liquid assets to meet their cash needs for 30 days, are a key pillar of the international agreement known as Basel III. They aim to ensure banks have easy-to-sell assets on hand so they could meet customer withdrawals or post collateral in a crunch.

Final trial confirms efficacy of Sanofi's dengue vaccine

Tuesday, 10:05 PM

By Natalie Huet PARIS (Reuters) - French drugmaker Sanofi, developing the first vaccine against dengue fever, said its product reduced disease cases by 60.8 percent in a large final clinical trial. Sanofi has invested more than 1.3 billion euros ($1.7 billion) in the project, undertaking two decades of research on the world's fastest-growing tropical disease. The final study - conducted on 20,875 children aged 9-16 across five countries in Latin America - confirmed that the vaccine was safe, provided high protection against dengue hemorrhagic fever and cut by 80 percent the risk of hospitalization, the Paris-based company said on Wednesday.

U.S. GMO labeling foes triple spending in first half of this year over 2013

Tuesday, 9:04 PM

By Carey Gillam (Reuters) - Opponents of mandatory labeling for foods made with genetically modified organisms spent more than $27 million in the first six months of this year on GMO-related lobbying, roughly three times their spending in all of 2013, according to an analysis released Wednesday. The Grocery Manufacturers Association (GMA) and major food makers such as Coca-Cola Co and PepsiCo Inc and top biotech seed makers Monsanto Co and DuPont were among heavy spenders on GMO labeling-related lobbying, according to a report issued by the Environmental Working Group. ...