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Investors question pay deal for Oracle executives

Fund managers, CalSTRS and PGGM of the Netherlands to press for a vote against Oracle’s executive pay policies A big UK pension fund is among a number of investors preparing to protest against the pay polices of the California-based software company Oracle – whose chief executive Larry Ellison received $76m…

Chilean observatory finds the coldest place in space

The coldest place in the universe — just one degree above absolute zero, the temperatures at which all atoms freeze — is the Boomerang Nebula, astronomers in Chile said Wednesday. It is about 5,000 light years away in the Centaurus constellation, the scientists at the ALMA observatory said. The nebula…

Arrr!-cheologists come upon the booty from Blackbeard’s ship

Five large cannons from a sunken ship captained by the legendary pirate Blackbeard have been recovered by US archeologists, authorities confirmed Wednesday. The cannons were raised from the wreck of the Queen Anne’s Revenge, sunk off the coast of North Carolina, on Monday, state officials said. The cannons, four of…

Brazil marks 10th anniversary of landmark welfare program

President Dilma Rousseff and her predecessor Luiz Inacio Lula da Silva on Wednesday feted the 10th anniversary of a landmark welfare program that lifted 36 million Brazilians out of poverty. “Never have so many people been pulled out of poverty so quickly. ‘Bolsa Familia’ lifted 36 million people from extreme…

5-year-old boy in critical condition after falling from Disneyland Paris ‘Pirates’ ride

A five-year-old boy was in critical condition Wednesday after falling off a boat in Disneyland Paris’s “Pirates of the Caribbean” ride, police and management said. Anne Chazareix, the police officer in charge of the probe into the accident, said the boy, “accompanied by his father, lost his balance when the…

Kepler telescope finds ‘hellish’ exoplanet with Earth-like mass

An Earth-sized planet far beyond our Solar System has been found to have a similar mass to our planet, said researchers Wednesday engaged in the hunt for other habitable worlds. While Kepler-78b is not a hospitable place, with surface temperatures exceeding 2,000 degrees Celsius (3,600 degrees Fahrenheit), confirmation of its…

Jamaican track program escapes sanctions after stringent anti-doping audit

Fears of Jamaican athletes been barred from taking part in international track and field events have been allayed following a two day extraordinary audit of the island?s drug testing policies by the World Anti-doping Agency (WADA) that ended on Tuesday. While the results of the audit on the Jamaica Anti-doping…

SARS-like viruses can jump from bats to humans

Scientists said Wednesday they had found evidence that SARS-like coronaviruses can jump straight from a type of Chinese bat to humans without the need for an intermediary animal “host”. The find has “enormous implications” for public health control, with potentially pandemic viruses present, right now, in bats in China that…

Fed maintains stimulus despite restraints on economic growth

The U.S. Federal Reserve kept its stimulus program in place as expected Wednesday, but said that the government’s fiscal policy is a drag on the economy. “Economic activity has continued to expand at a moderate pace,” Fed policy makers said at the end of a two-day policy meeting. Unemployment continues…

Bangladesh to decide garment wage rise amid unrest fears

A government panel was striving Wednesday to reach agreement on a wage rise for Bangladesh’s crisis-hit garment industry, amid warnings of fresh crippling strikes if the increase is too low. The panel is trying to set a new minimum wage for four million garment workers, after factory disasters in recent…

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