Chile bank system profit up 53.3 pct in Jan-May

June 30 (Reuters) – Chile’s banking sector profit for the January-May period rose 53.3 percent from a year earlier on greater loans and interest margins, the Banking and Financial Institutions Superintendency said on Wednesday.

Financials

Bank earnings totaled 690.117 billion pesos ($1.297 billion) in the first five months of 2010. However earnings fell 9.3 percent in May compared to April due to lower returns from financial operations, and higher operating costs and provisions.

Santander Chile (SAN.N)(STG.SN), Chile’s largest bank, posted a net profit of 206.676 billion pesos ($388 million) in the period. The superintendency did not provide a year-ago figure.

The country’s No. 2 bank, Banco de Chile CHI.SN, earned 170.163 billion pesos ($320 million) in the five-month period, the superintendency said. ($1=532 pesos at end-May) (Reporting by Antonio de la Jara; Editing by Brad Haynes)

Twenty20 brings the rhythm back to Caribbean cricket

The horns have been blaring, the drink has been flowing and the debates raging — Caribbean cricket, written off after the World Cup three years ago, has returned at the Twenty20 World Cup and it has a big smile on its face.

Petty rules and regulations and ticket prices that excluded many local fans led to thousands of empty seats at the 50 overs World Cup in 2007 but organisers have learnt their lessons.

In Guyana, St. Lucia and Barbados, attendances have been good and the atmosphere even better.

The tournament, entering its third and final week, has received the thumbs up from fans from near and far.

“You are allowed to bring your conch shells, keep your noise and have fun like back in the day,” said Barbadian Kerwin Beckles, carrying a cooler packed with food and drink into the stadium before Sunday’s West Indies v India game.

“Things have improved, you can see how big the gathering is. The game brings people together, it is wonderful that it is here in Barbados — I’m actually proud to be a West Indian,” he added.

Ticket prices have been as low as $5, the most expensive for Sunday’s final only $40.

Organisers even went as far as making ‘Gravy’, the region’s most famous fan who used to parade grounds in garish clothing — on one occasion even a wedding dress — into the official face of their ‘Bring It’ marketing campaign.

“I think the prices were the main thing three years ago, it was disappointing, we still had a good time but this is a million times better. The locals and the atmosphere is what makes it, that’s what you are looking for when you come over here,” said Geoff Scott from Newport, Wales.

Underneath the Greenidge and Haynes stand, named after former Barbados and West Indies opening batsmen Gordon and Desmond, cooks spice up the chicken and the beef stew, while fans from all over the cricketing world share a beer.

“The noise is fantastic. It’s totally different from Australia, you can walk into this ground carrying anything you like, when you go in the MCG (Melbourne Cricket Ground) you can’t take anything in. They’d strip you naked if they could at the MCG,” said Australian supporter Peter Mulgrove.

Three years ago, local officials were stressed and harassed by complaining fans, while former players bemoaned a missed opportunity to give West Indies cricket a much needed boost.

But former opening bowler Joel Garner, president of the Barbados Cricket Association and West Indies team manager, can now afford to enjoy the event.

“I think people are more relaxed and they are enjoying the cricket more because you don’t have as many restrictions,” he told Reuters.

“Anyone who knows anything about cricket in this region will know that we are very relaxed, noisy but peaceful and a lot of the things that were restrictive caused some bad feeling.

“Gradually the fans, the patrons are coming back because of the atmosphere that is unique to the West Indies.”

Garner has no doubt that Twenty20 is here to stay and that it can continue to lure Caribbean fans back to cricket grounds.

“The patrons want exciting cricket and results and you have to adjust to the times otherwise you are going to die,” he said.

But like supporters the world over, there is nothing that pleases West Indies fans more than success.

Sunday’s victory over India, including a 98 from big-hitting captain Chris Gayle, was played in front of packed and vibrant stands with the players celebrating wickets and pumping fists in rarely seen enthusiasm.

“It’s been a while since we’ve had support like that,” said Gayle, “The support has really been tremendous.

“We move onto St Lucia now and people really love their cricket there as well”.

(Editing by Ian Ransom; To query or comment on this story email sportsfeedback@thomsonreuters.com)

HIV-1 destroys immune response in the gut within days of infection

Washington, July 7 (ANI): Researchers have found that HIV-1 virus moves rapidly in the body, and damages the B-cell antibody-producing system in the gut, within days of infection.

The study by Centre for HIV/AIDS Vaccine Immunology is the first to examine what happens to B cells in the gut in the earliest stage of HIV-1 infection.

“These new data show that damage to the antibody arm of the immune system begins quickly, within days. We know that by 80 days, half of the generative microenvironments for antibodies within the immune system in the gut are destroyed,” said Dr. Barton Haynes, senior author of the study.

The findings could solve one of the big mysteries in HIV-why the B cell, or antibody response, is so slow to arise in the first place and turns out to be so weak after it does, that it is unable to offer any kind of meaningful defence.

B cells that make antibodies against invading microbes are born in the bone marrow, but migrate out and mature in different locations throughout the body.

Some wind up in the intestine and settle in stretches of lymph node-like follicles called Payer’s patches, which are found at the bottom of the small intestine, where they wait to rise up against incoming bacteria, viruses, or other pathogens.

“Unfortunately, we found they are no match for HIV-1,” said Anthony Moody, a lead author of the study.

For the study, the researchers examined B cells in blood as early as 17 days after viral transmission, and in lymph tissue in the gut beginning at 47 days after transmission in 40 people infected with HIV-1.

They compared their findings with similar tissue from healthy controls, and found that even at the early stage, HIV-1 had already ravaged the gut’s B cell arm of the immune system.

The vast majority of the follicles in the Payer’s patches had been damaged.

“HIV-1 turns on the immune system, but turns it on in the wrong way. We found that it was churning out all sorts of B cells. Some appeared to be reactive against HIV-1, but others appeared reactive to things like influenza as well as self molecules,” said Moody.

Besides, it was found that by as early as 17 days after transmission, HIV-1 decreased the numbers of naive B cells – cells that may have had the potential to mature into potent infection-fighters.

The researchers are hoping that the findings may lead to a successful AIDS vaccine.

The study has been published in the open access journal PLoS Medicine. (ANI)

It’s raining women for Ronaldo!

London, January 20 (ANI): Cristiano Ronaldo certainly lives up to his impression of being a ladies man, especially after the ace footballer was recently spotted in the company of his female fans.

The 23-year-old was said to have been the centre of attention of several pretty ladies while being on a night out in Manchester.

The Manchester United winger, who is presently ‘dating’ Ukrainian stunner Alyona Haynes, was initially photographed talking to a brunette hotel employee in the lobby of the Hilton hotel.

The Portuguese was soon seen posing for pictures with another bunch of excited women outside the hotel, reports the Sun.

The World Player Of The Year then later disappeared with a mystery blonde in a cab during the wee hours. (ANI)