Posts From King World News

Canada housing agency sees overvaluation in most cities

Canada’s housing market is overvalued in most major cities, with price acceleration not supported by economic and demographic fundamentals in Toronto, the largest market, the federal housing agency said on Thursday. In a report that highlights the nation’s uneven real estate market, The Canada Mortgage and Housing Corp said there is strong evidence of overvaluation in Toronto, Montreal and Quebec City, and moderate risk in most other cities, while overbuilding

Canada housing agency sees overvaluation in most cities

Canada’s housing market is overvalued in most major cities, with price acceleration not supported by economic and demographic fundamentals in Toronto, the largest market, the federal housing agency said on Thursday. In a report that highlights the nation’s uneven real estate market, The Canada Mortgage and Housing Corp said there is strong evidence of overvaluation in Toronto, Montreal and Quebec City, and moderate risk in most other cities, while overbuilding

U.S. aims to see if Iran, Russia ready to dump Syria's Assad

By Matt Spetalnick and Francois Murphy VIENNA (Reuters) – The United States said on Thursday it hoped a new round of international talks on Syria’s civil war would clarify whether Tehran and Moscow could eventually accept a new leadership in Damascus, a senior U.S. official said on Thursday. More than a dozen powers were headed to Vienna for a fresh effort on Thursday and Friday to end Syria’s four-year civil

U.S. aims to see if Iran, Russia ready to dump Syria's Assad

By Matt Spetalnick and Francois Murphy VIENNA (Reuters) – The United States said on Thursday it hoped a new round of international talks on Syria’s civil war would clarify whether Tehran and Moscow could eventually accept a new leadership in Damascus, a senior U.S. official said on Thursday. More than a dozen powers were headed to Vienna for a fresh effort on Thursday and Friday to end Syria’s four-year civil

Largest shareholder urges Valeant to pay down debt

(Reuters) – Valeant Pharmaceuticals International Inc’s largest shareholder, Ruane, Cunniff & Goldfarb Inc, has urged the company to consider paying down debt. The investment firm, in a letter to shareholders on Wednesday, also came to Valeant’s defense, saying allegations against it are false. (http://bit.ly/1SbKI51) Valeant’s stock has taken a beating since short-seller Citron Research said last week that the company was using its drug distributor, Philidor, to inflate revenue numbers.

Largest shareholder urges Valeant to pay down debt

(Reuters) – Valeant Pharmaceuticals International Inc’s largest shareholder, Ruane, Cunniff & Goldfarb Inc, has urged the company to consider paying down debt. The investment firm, in a letter to shareholders on Wednesday, also came to Valeant’s defense, saying allegations against it are false. (http://bit.ly/1SbKI51) Valeant’s stock has taken a beating since short-seller Citron Research said last week that the company was using its drug distributor, Philidor, to inflate revenue numbers.

Popular cholesterol drugs may make flu vaccine less effective

By Lisa Rapaport (Reuters Health) – Millions of people who take statins to lower cholesterol may not get maximum protection from flu vaccines, two new studies suggest. Both studies looked at the effectiveness of flu vaccines in people who were or were not using statins. Taken together, the results connect statins to a dampened immune response to flu vaccines and greater odds of respiratory infections during flu season.

Popular cholesterol drugs may make flu vaccine less effective

By Lisa Rapaport (Reuters Health) – Millions of people who take statins to lower cholesterol may not get maximum protection from flu vaccines, two new studies suggest. Both studies looked at the effectiveness of flu vaccines in people who were or were not using statins. Taken together, the results connect statins to a dampened immune response to flu vaccines and greater odds of respiratory infections during flu season.

Surgeons' leadership skills may matter for team performance

By Lisa Rapaport (Reuters Health) – When it comes to leadership skills, some surgeons may be better at coordinating specific tasks than at sharing information and encouraging cooperation, a small analysis suggests. This distinction between what’s known as transactional, or task-focused, leadership versus the type known as transformational, or team-focused, may make the difference between achieving minimum standards and inspiring performances that exceed expectations, according to the study in the

Surgeons' leadership skills may matter for team performance

By Lisa Rapaport (Reuters Health) – When it comes to leadership skills, some surgeons may be better at coordinating specific tasks than at sharing information and encouraging cooperation, a small analysis suggests. This distinction between what’s known as transactional, or task-focused, leadership versus the type known as transformational, or team-focused, may make the difference between achieving minimum standards and inspiring performances that exceed expectations, according to the study in the