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Steinhoff, Kap in $1.1 billion deal

South African group Steinhoff will swap several of its industrial units for a bigger stake in Kap International, in a $1.1 billion deal giving it control of the manufacturing firm.
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CFTC cracks down on commodity traders; will it stick?

The United States is set to pass narrowly on Tuesday its toughest measures yet to curtail speculation in commodity markets, likely shifting the focus of a fierce four-year debate from the regulators to the courts.
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UK-U.S. extradition review deals blow to hacker

An extradition treaty with the United States is not biased against British criminal suspects, a judge-led review said on Tuesday, dealing a blow to campaigners fighting to stop a computer hacker being sent to stand trial in America.
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RIM shares shed 5 percent after apps offer

Shares of Research In Motion dropped more than 5 percent on Monday after it sought to appease disgruntled BlackBerry customers by offering free apps and technical support to make up for last week's global smartphone outage.
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Investors unexcited by BlackBerry's free apps offer

An offer of free games, translation software or other apps to compensate BlackBerry users for last week's prolonged outage left Research In Motion investors cool on Monday, and the shares fell 6 percent.
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RIM shares shed 5.7 percent after free apps offer

Shares of BlackBerry maker Research In Motion fell more than 5 percent in morning trade on Monday after the company sought to appease disgruntled customers by offering free apps and technical support.
Apple iPhone 4S

iPhone 4S Launch Was Solid: Impact on RIM, Nokia

Apple Inc. took the wraps off the iPhone 4's sequel earlier this month. The new phone, called the iPhone 4S, has seen remarkable pre-order numbers. Pre-orders for the iPhone 4S started on Oct. 7 and has since registered 1 million units on the first day, surpassing the previous single-day record of 600,000 for the iPhone 4.
Dan Wheldon's Indy 300 crash

Indy Car Crash Killing Wheldon Was Inevitable

A decade ago it was Dale Earnhardt, the seven-time NASCAR champion who died on the track. This time it was Dan Wheldon, the two-time Indy winner who died on the track. And others have fallen in between. IndyCar racer Paul Dana died in a morning warmpup at Homestead in 2006, for instance. Is dying simply an inevitable part of the racing sport, or can it be avoided?
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Euro zone eyes yet another comprehensive strategy

A cloud of gloom hangs over Brussels ahead of yet another summit to thrash out yet another comprehensive strategy to tackle a sovereign debt crisis that Europe has failed for two years to stem, and that now threatens the world economy.
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IndyCar Champion Dan Wheldon Dies in Crash

Dan Wheldon, who won the Indianapolis 500 on its 100th anniversary in May, has died after a horrific 15-car crash at the Las Vegas Motor Speedway on Sunday which left the motor sports world in shock.

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