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BASF buys electrolytes business from top rival

BASF, the world’s biggest chemicals maker, said Tuesday it has agreed to buy the electrolytes business for high-performance batteries from rival Merck KGaA for an undisclosed sum. The acquisition ”enhances the expertise we offer to automotive andbattery manufacturers around the world,” said board memberAndreas Kreimeyer. Electrolytes ensure the transport of electric charges inside a battery. “The electrolyte portfolio…

Strauss-Kahn detained over vice ring

French police detained former IMF chief Dominique Strauss-Kahnfor questioning on Tuesday over allegations he took part in orgies in Paris and Washington paid for by a pair of businessmen. The 62-year-old former Socialist minister, who until last year was seen as the frontrunner to replace Nicolas Sarkozy as president of France, had been due to…

Top Olympus executive found dead in India park: report

(Reuters) – A top executive of Japan’s scandal-ridden Olympus Corp has been found dead in a park outside New Delhi, an apparent suicide, The Times of India said Tuesday, quoting police. Tsutomi Omori, 49, who was head of Olympus’s medical equipment business in India, was found hanging from a boundary…

Doogie Howser, CEO: Silicon Valley says hello to teen startups

SAN FRANCISCO (Reuters) – Josh Buckley, chief executive of an online gaming start-up, is looking forward to next month’s Game Developers Conference in San Francisco, particularly for the parties and the accompanying schmoozing with industry A-listers. There’s one problem: Buckley, who will turn 20 this week on February 22, may…

Brain study finds what eases pain of financial loss

LONDON (Reuters) – Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward systems is crucial to whether people simply brush off the pain of financial losses. Scientists say the study points the way to…

In shift, Obama campaign targets Santorum on economy

WASHINGTON (Reuters) – President Barack Obama’s re-election campaign regularly rips Republican presidential frontrunner Mitt Romney for his economic policies. On Tuesday, it added former Senator Rick Santorum to its list of top targets. In a sign of the growing seriousness with which the president’s team takes the former Pennsylvania lawmaker,…

Afghan protests erupt over rumor of NATO troops burning the Koran

Afghan protesters firing slingshots and petrol bombs besieged the largest US-run military base in Afghanistan on Tuesday, furious over reports that NATO troops had set fire to copies of the Koran. Guards at Bagram airbase, about 60 kilometres (40 miles) north of Kabul, responded by firing rubber bullets from a…

Most Christian missionaries are American

SALEM, Massachusetts (Reuters) – At a church on the New England coast 200 years ago, five young men became ordained as Congregational missionaries and set off on cargo ships to India as the first organized group of American missionaries to travel overseas. Their departure signaled the start of the U.S.…

Occupy protesters rally against prison conditions

SAN QUENTIN, California (Reuters) – Hundreds of anti-Wall Street demonstrators and prison reform activists joined forces outside the gates of a prison in San Quentin, California on Monday to protest high incarceration rates and harsh living conditions. Speakers rallying at the San Quentin State Prison said the state’s sentencing laws…

Scientists regenerate 30,000 year-old plant

Fruit seeds stored away by squirrels more than 30,000 years ago and found in Siberian permafrost have been regenerated into full flowering plants by scientists in Russia, a new study has revealed. The seeds of the herbaceous Silene stenophylla are far and away the oldest plant tissue to have been…

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