BP confirms plans to start drilling off Libyan coast

BP confirms plans to start drilling off Libyan coastAccording to the official reports, British oil company BP confirmed Saturday it would start a deep water drilling program off the coast of Libya in a matter of weeks.

It has been reported that the announcement came as BP continued grappling with its deep water well disaster in the Gulf of Mexico and withering criticism over its involvement in the release of a Libyan agent convicted in the 1988 bombing of a Pan Am flight over Scotland.

Certain types of cancer may be prevented by allergies

Certain types of cancer may be prevented by allergiesSome allergies may help protect against some cancers, a Canadian researcher has suggested.

Male eczema sufferers showed a lower risk of lung cancer while men with a history of asthma had a lower risk of stomach cancer, says professor Marie-Claude Rousseau of the Institute Armand-Frappier.

Rousseau says in a statement, "Asthma and eczema are allergies brought about by a hyper-reactive immune system -- a state which might have enabled abnormal cells to have been eliminated more efficiently, thereby reducing the risk of cancer."

HIV risk goes up in sexually abused children

HIV risk goes up in sexually abused childrenU. S. researchers have said that Gay and bisexual men reporting sex abuse and social shame as children may have psychosocial problems later putting them at risk for HIV.

It has been reported that University of Pittsburgh researchers conducted a study of 1,000 HIV-positive and HIV-negative gay and bisexual men enrolled in the Multicenter AIDS Cohort Study.

Zinc may help to ward off diabetes

Zinc may help to ward off diabetesZinc may play a role in blood sugar regulation and in avoiding type 2 diabetes, a U. S. researcher has said.

It has been reported that Ayyalusamy Ramamoorthy of the University of Michigan suggests in type 2 diabetes, a protein called amylin forms dense clumps that shut down insulin-producing cells. However, in the presence of zinc, amylin does not form clumps.

Treating intravenous drug users for HIV effective and money saving

Treating intravenous drug users for HIV effective and money savingTreating intravenous drug users for HIV has been effective and saved money, French and U. S. researchers have said.

The researchers concluded drug users, including those actively injecting, were capable of positive choices to protect their health and that of their communities.

The researchers have said that treating human immunodeficiency virus in drug-users, has not increased drug resistance and preliminary findings suggested it reduced HIV transmission, independent of needle sharing.

Outdoor play best medicine for kids with celiac disease

Outdoor play best medicine for kids with celiac diseaseResearchers in Canada have advised that children with celiac disease should go outside and play, and take vitamins to ward off weak bones and osteoporosis.

The study involved 43 children and teens ages 3-18, who were diagnosed with celiac disease, researchers at the University of Alberta has said.

The study showed the children got less than 50 percent of their recommended dietary intake of vitamin K as well as low levels of vitamin D, says Diana Mager, one of the researchers.

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News in Focus

Kalyan Jewellers Share Price Target at Rs 786: BOB Capital Markets

BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.

Tata Steel Share Price Could Reach Rs 230: ICICI Securities

ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.

Pricol Share Price Target at Rs 935: Axis Securities

Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.

Mahindra & Mahindra Share Price Target at Rs 4,387: BOB Capital Markets

BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.

ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.

Stylam Industries Share Price Target at Rs 3,750: ICICI Direct

ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric