MADRID (Reuters) - Spanish bank Santander said on Thursday former U.S. banking regulator Sheila Bair had resigned from its board after being named rector of Washington College in Maryland. Bair, who ran the Federal Deposit Insurance Corporation (FDIC) from 2006 to 2011, was appointed to the board of the euro zone's biggest bank, which is making a big push in the United States, 18 months ago. Her departure leaves just two non-Spaniards on its board: Mexican Carlos Fernandez Gonzalez and Bruce Carnegie-Brown of Britain. (Reporting by Sonya Dowsett; Editing by Mark Potter)
Scientists say the Philae space probe has gathered data supporting the theory that comets can serve as cosmic laboratories in which some of the essential elements for life are assembled. Philae, which is part of the European Space Agency's Rosetta mission, used two separate instruments to 'sniff' for molecules during its bumpy landing on comet 67P/Churyumov-Gerasimenko last November. In an article published Thursday in the journal Science, researchers said they spent months analyzing the data and concluded that 67P contains at least 16 organic compounds.
On Sunday, May 17, Toronto police and firefighters were called to a home at 1569 Dupont Street, near Perth Avenue, shortly after midnight. At the time, Capt. Mike Strapko said firefighters found the second floor of the home fully engulfed in flames, but were able to knock down the blaze within 11 minutes. When firefighters entered the home, they found a man without vital signs on the third floor.
Procter & Gamble Co reported its sixth straight quarter of falling sales, hurt mainly by the stronger dollar. P&G, struggling in an increasingly competitive consumer products industry, has been trying to turn itself around since 2014 by focusing on fewer, faster-growing brands. JP Morgan analysts noted that P&G's volume sales were the weakest in five years.
The International Monetary Fund (IMF) will take part in top-level talks on Greece's third multi-billion euro bailout program on Friday, a Greek Finance Ministry official said on Thursday. "The representatives of the four institutions will meet on Friday at 10 a.m. with (Finance Minister) Euclid Tsakalotos and (Economy Minister) George Stathakis.
An AP analysis of water quality revealed dangerously high levels of viruses and bacteria from human sewage in Olympic and Paralympic venues â€” results that alarmed international experts and dismayed competitors training in Rio, some of whom have already fallen ill with fevers, vomiting and diarrhea. It is the first independent comprehensive testing for both viruses and bacteria at the Olympic sites. Brazilian officials have assured that the water will be safe for the Olympic athletes and the medical director of the International Olympic Committee said all was on track for providing safe competing venues.
Officers patrolling Toronto-area highways handed out 1,735 tickets for improper use of the controversial temporary high-occupancy lanes set up on for the Pan Am Games, police said Thursday. Another 2,000 tickets were issued along the Games road network for other Highway Traffic Act infractions between June 29, when the HOV lanes came into effect, and July 26, the last day of the Games. "Considering the amount of traffic that's coming in and out of Toronto, we don't see these numbers as excessive at all," said Toronto police Staff Sgt. Devin Kealey.
By Jason Lange WASHINGTON (Reuters) - The International Monetary Fund can only approve new loans for Greece after Athens reaches an agreement with European governments that would ensure it can pay its debts, an IMF official said on Thursday. "The IMF can only support a program that is comprehensive," the official said in a telephone briefing with journalists, adding that it "will take some time" before Greece and its European creditors can lay the necessary groundwork for a new IMF program. The IMF has teamed up with the European Union and the European Central Bank in recent years to lend Greece money repeatedly to save it from a debt crisis.
Ontario's Liberals waded into the looming federal election Thursday, accusing Prime Minister Stephen Harper of abandoning workers in the province by refusing to co-operate on a new provincial pension plan. Ottawa has warned the province it will not make any legislative changes to treat the proposed Ontario Retirement Pension Plan like the Canada Pension Plan, and would provide no federal help to collect contributions or administer the scheme.
Simon Pegg has too many state secrets to keep track of, and most of that is J.J. Abrams' fault. Ever since the prolific director saw Pegg in Edgar Wright's zombie comedy "Shaun of the Dead," the British actor has become tethered to some of film's biggest franchises. First it was "Mission: Impossible III," as Benji, the tech turned field agent, then came "Star Trek," and "Star Wars: The Force Awakens," which Abrams casually asked him to be part of over dinner.