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Obamacare enrollees urged to change passwords over Heartbleed bug

By Chris Francescani NEW YORK (Reuters) - Americans with accounts on President Barack Obama's health insurance enrollment website, HealthCare.gov, were advised that their passwords had been reset to guard against the "Heartbleed" bug, in a message posted on the site on Saturday.

Spirit maker Diageo hopes for second time lucky in India

Diageo hopes it will be second time lucky for its $1.9-billion offer to wrest majority control of India's United Spirits as the British booze giant seeks to ramp up its presence in the whisky-loving nation. Last week's offer for shares it does not own in India's biggest liquor company is more than double a 2012 bid spurned by many investors as too low that forced Diageo to settle for a lower stake.

Indian transgender stands for office after landmark ruling

With a tight budget and a humble autorickshaw, a pioneering Indian transgender is campaigning in her southern hometown for a seat in parliament, just days after the country's highest court recognised "third gender" people. Describing the Supreme Court judge's ruling as a "milestone", 53-year-old Bharathi Kannamma hopes to build on the momentum and overturn prejudices against India's several million transgenders.

Russia stares at recession as Ukraine crisis scars economy

Russia looks increasingly likely to sink into recession in 2014 as the knock-on effects of its standoff with the West over Ukraine hurt an economy already beset by structural problems. Data released over the last week showed that Russian is beginning to suffer the effects of the worst East-West political crisis since the Cold War. The threat of economic sanctions from the European Union and the United States has already prompted a massive capital outflow from Russia in the first three months of the year.

Automakers look to Beijing show to boost sales in slowing, crowded market

BEIJING, China - Global and Chinese automakers are looking to the Beijing auto show to help boost sales in a slowing, intensely competitive market. Brands from General Motors Co. to Chinese SUV maker Great Wall Motors are unveiling new and restyled sedans, sport utility vehicles and other models at Auto China 2014 this week.

China set to replace U.S. as Volvo's biggest market this year

BEIJING (Reuters) - China is set to surpass the United States to become Volvo Car Group's biggest market in 2014 with sales of at least 80,000 cars in the world's largest auto market. Its car sales target for 2014 is around a third higher than the 61,146 cars sold in 2013, while sales in the United States in 2014 are expected to increase only in line with the broader market, it said in a statement on Sunday. In the first quarter of this year, it sold 17,286 cars in China, up 25.4 percent from a year earlier.

Easter war of words breaks out between Ukraine and Russia

Politics overshadowed Easter observances in Kiev and Moscow, with the Orthodox religious leaders in each capital trading barbs over the crisis in Ukraine -- while the US reportedly prepared to send ground forces to neighbouring Poland. Patriarch Filaret thundered to the faithful in pro-West Kiev that Russia was an "enemy" whose "attack" on Ukraine was doomed to failure because it was evil and contrary to God's will.

China's shadow to follow Obama around Asia

President Barack Obama will not visit China on his Asia tour next week, but its broadening shadow will be cast everywhere he goes at a time of complex regional disputes and questions about US strategy. American China policy has been based for two decades on the goal of easing the emerging giant into the international system while avoiding a classic geopolitical clash between an established power and a rising one.

Top biz groups' retained earnings rate hits record high

SEOUL, April 20 (Yonhap) -- The retained earnings rate of South Korea's top 10 conglomerates reached record high levels in 2013 despite their pledges to increase investments and hiring, a report showed Sunday. The internal cash reserves of the 70 listed companies belonging to the largest business groups whose fiscal year ended in December stood at 1,578.5 percent, the report by FN Guide said. The figure marks a 164.3 percentage point gain from a retention rate of 1,414.2 percent tallied for the year before.

Germany's Steinmeier urges focus on de-escalation with Russia, not sanctions

BERLIN (Reuters) - German Foreign Minister Frank-Walter Steinmeier said he wished as much emphasis would be placed on preventing an escalation of tensions with Russia over Ukraine as there is at the moment in threatening economic sanctions. In an interview to appear in Germany's Bild am Sonntag newspaper on Sunday, Steinmeier appeared to be referring to threats from the United States as well as from within Germany about the need for economic sanctions against Russia.
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