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SAN FRANCISCO, Nov. 21 (Xinhua) -- Hewlett-Packard Co. (HP) on Monday reported that its profit in the most recent quarter fell more than 90 percent with sales also declining.In the company's fourth quarter of fiscal 2011 ended Oct. 31, the company posted net earnings of 239 million U.S. dollars, compared with 2.54 billion dollars in the same period a year earlier.HP's net revenue for the quarter reached 32.1 billion dollars, down 3 percent year-on-year.Excluding one-time items, HP earned 1.17 dollars per share, which topped estimates of analysts.According to Thomson Reuters, analysts had expected earnings of 1.13 dollars per share on revenue of 32.05 billion dollars.It was the first earnings report since Meg Whitman took over as chief executive officer (CEO) of the information technology giant on Sept. 22, replacing Leo Apotheker."HP has a great opportunity to build on our strong hardware, software, and services franchises with leading market positions, customer relationships, and intellectual property," Whitman said in a statement after the earnings announcement."We need to get back to the business fundamentals in fiscal 2012, including making prudent investments in the business and driving more consistent execution," she added.

ting fuel and benefits to agriculture from extended growing seasons."Global mitigation leading to a low climate change future reduces costs to Canada in the long term. This reinforces the argument that Canada would benefit environmentally and economically from a post 2012 international climate arrangement that systematically reduced emissions from all emitters - including Canada - over time," the report says.It recommends cooperation between governments, scientists and businesses to find ways to mitigate climate change and adapt to it.Canada's Minister of the Environment Peter Kent said the government has a plan to deal with global warming issues, which will be announced next month."Our government has a plan, a very good plan, to meet our target of reducing greenhouse gases by 17 percent from 2005 base levels, by 2020," Kent told Canada's House of Commons Thursday afternoon."We are moving forward to reduce greenhouse gases and, at the same time, we are investing in programs to help Canadians adapt to climate change," Kent said."Today's report merely echoes what our government has long recognized; that is, the importance of adaptation to climate change," he added.Earlier this week, several hundred people protested the government's policy of exploiting the oil sands deposits in western Canada.Environmentalists have criticized the Canadian government for not working hard enough to reduce CO2 emissions. Last year, a coalition of global warming activists gave Canada the "Fossil of the Year" award for failing to implement the Copenhagen Accord.

WASHINGTON, Nov. 11 (Xinhua) -- The U.S. Food and Drug Administration (FDA) on Friday approved HEMACORD, the first licensed hematopoietic progenitor cells-cord cell therapy.HEMACORD is indicated for use in hematopoietic stem cell transplantation procedures in patients with disorders affecting the blood forming system. For example, cord blood transplants have been used to treat patients with certain blood cancers and some inherited metabolic and immune system disorders."The use of cord blood hematopoietic progenitor cell therapy offers potentially life-saving treatment options for patients with these types of disorders," said Karen Midthun, director of FDA's Center for Biologics Evaluation and Research, in a statement.HEMACORD contains hematopoietic progenitor cells (HPCs) from human cord blood. Cord blood is one of three sources of HPCs used in transplants. The other two are bone marrow and peripheral blood. Once these HPCs are infused into patients, the cells migrate to the bone marrow where they divide and mature. When the mature cells move into the bloodstream they can partially or fully restore the number and function of many blood cells, including immune function.

BEIJING, Nov. 24 (Xinhua) -- In response to public suspicion stoked by recent dumpling contamination scandals, China's Ministry of Health on Thursday said the new food safety standard for flash-frozen dumplings did not show signs of leniency.The Ministry introduced the new food safety standard on flash-frozen dough or rice products on Thursday.The Ministry has been accused of loosening scrutiny over a disease-generating bacteria in such foods, staphylococcus aureus, or golden staph, which can cause various diseases, including pneumonia and sepsis, and is sometimes life-threatening.The controversy became particularly relevant after several major brands of frozen dumplings have been successively recalled in recent months.In October, a Henan-based company, Zhengzhou Sinian Food Co., Ltd, confirmed the contamination of golden staph in its flash-frozen seafood- and pork-stuffed dumplings.Frozen dumplings made by Hong Kong-based manufacturer Wanchai Ferry were found to contain golden staph in November, and some of its products have been pulled from shelves.The previous standard provided that no golden staph should be tested in such food, while the new one gives a quantitative restriction that the volume of the bacteria should be no more than ten to the fourth degree.Liu Xiumei, a food safety expert with the Chinese Center for Disease Control and Prevention, said at the press conference held by the health ministry that such bacteria becomes inactivate after the food is boiled for a few seconds, and it takes a volume of ten to the fifth degree to generate toxicity.The previous standard could only serve as a general provision due to the lack of quantitative microbiological testing back when it was introduced, Liu said, stressing that the new standard is not a sign that the Ministry has gone soft on bacterial contamination of relevant foods.The new standard will come into effect starting Dec. 21, 2011.

BEIJING, Jan. 3 (Xinhua) -- A collection of China's nine white papers issued in 2011 has been published in both Chinese and English, according to a statement issued by the publisher on Tuesday.By giving a clear and precise illustration of China's policies, principles and progress in subjects like national defense, law, climate change and international trade, the white papers can help the world know about, and understand, China, the statement said.The white papers are titled, "China's National Defense in 2010," "China's Foreign Aid," "Sixty Years Since the Peaceful Liberation of Tibet," "China's Peaceful Development," "The Socialist System of Laws with Chinese Characteristics," "New Progress in Development-oriented Poverty Reduction Program for Rural China," "China's Policies and Actions for Addressing Climate Change (2011)," "China's Foreign Trade" and "China's Space Activities in 2011."The white papers were all published by the Information Office of the State Council on behalf of the Chinese government.The latest one on space activities was issued last Thursday.