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Australia to create new Pacific military unit in bid to woo the region -

Australia to create new Pacific military unit in bid to woo the regionAustralia will create a new military unit dedicated to training and assisting Pacific allies, Defence Minister Linda Reynolds said on Tuesday, as Canberra accelerates plans to undercut Chinese influence in the region. Australia, which long enjoyed virtually unchecked influence in the Pacific, and its Western allies worry that the region has edged closer to China in recent years as Beijing increases aid to the sparsely populated region and its resource-rich oceans. Australia has channelled ever larger amounts of aid to the region in a bid to counter China's growing presence but Reynolds said Canberra would also broaden its courtship of the Pacific to include stronger military ties.

Tue, 23 Jul 2019 01:09:12 -0400

FOREX-Sterling in defensive mood on concerns about no-deal Brexit -

FOREX-Sterling in defensive mood on concerns about no-deal BrexitSterling was on the back foot on Tuesday as investors worried Boris Johnson, the frontrunner to become the UK's next prime minister, would trigger a "hard Brexit" from the European Union, widely seen as a major risk for the British economy. The euro briefly touched the lowest in five weeks due to growing expectations European Central Bank President Mario Draghi will signal a rate cut in September at a policy meeting later this week to keep inflation expectations on track. The New Zealand dollar fell after Bloomberg News reported that the country's central bank is refreshing its strategies for unconventional monetary policy, but trading in other Asian currencies was subdued as investors awaited major developments in China-U.S. trade negotiations.

Tue, 23 Jul 2019 01:06:18 -0400

Reuters Entertainment News Summary -

Reuters Entertainment News SummaryFollowing is a summary of current entertainment news briefs. Walt Disney Co's Marvel Studios on Saturday unveiled a star-packed slate of superhero films for the next two years that includes Angelina Jolie in "The Eternals," Mahershala Ali in a remake of "Blade" and Natalie Portman as a female "Thor." The announcements at San Diego Comic-Con charts Marvel's course following mega-blockbuster "Avengers: Endgame," which Disney said was set to top 2009 film "Avatar" by Sunday as the highest-grossing movie of all time.

Tue, 23 Jul 2019 00:56:30 -0400

Reuters Health News Summary -

Reuters Health News SummaryThe problem is that for those who don't already have heart disease, aspirin comes with some dangerous side effects, such as brain bleeds, experts say. While doctors used to support daily consumption of low-dose aspirin to prevent heart attacks and stroke, three major clinical trials in early 2018 found the risks of the drug outweighed any benefits in people who did not already have heart disease. The trials led the American Heart Association and the American College of Cardiology to change clinical practice guidelines and to warn that any benefit from taking a daily low-dose aspirin would be more than offset by the danger of internal bleeding and other side effects in people considered to be at low or moderate risk for heart disease.

Tue, 23 Jul 2019 00:56:30 -0400

Reuters People News Summary -

Reuters People News SummaryChelsea Clinton, the daughter of former U.S. President Bill Clinton and former U.S. Secretary of State Hillary Clinton, gave birth to her third child on Monday morning, she said on Twitter. "This morning we welcomed our son, Jasper Clinton Mezvinsky," Clinton, who is married to the investor Marc Mezvinsky, wrote on Twitter. Britain's Prince George turned six on Monday with his parents releasing pictures of their grinning eldest son wearing an England soccer shirt to mark the occasion.

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