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British award to honor Monty Python at NY reunion

The British Academy of Film and Television Arts (BAFTA) will honor the Monty Python comedy team with a special award for their contribution to film and television at an event in New York on October 15.

Daily Commentary - 19/08/2009

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The Australian Dollar opens higher today against the greenback at 0.8260. During local trade yesterday the Aussie moved half a US cent higher towards 0.8250 after the minutes of the Reserve Bank of Australia's August board meeting underlined once more the market's expectations of an interest rate rise by the end of the year. Also delaying another test lower for the currency was a stronger-than-expected performance on local equities which finished the day only slightly lower after a poor lead fro...

Exploding iPhones and iPods to be probed

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European Commission officials said Tuesday that Apple Inc. is looking into reports of exploding iPhones and iPods, after several dissatisfied customers claimed that their devices had exploded.
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Major Anglo investors say Xstrata deal dead

Two major Anglo American shareholders have backed new Chairman John Parker's bid to buy time and stave off rival Xstrata's nil-premium merger proposal, which one said on Tuesday was effectively dead.
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Distressed sales of global comm. properties rise-RICS

More countries are seeing a rise in distressed sales of commercial properties in the second quarter, with South Africa, the United States and New Zealand faring worst as the market downturn worsens, a report showed.
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Down under, UBS stealing deals thunder

The Australian unit of Swiss bank UBS AG thriving, even as its parent struggles in the global financial crisis, and has earned a reputation for snatching deals from rivals and making a success of them.
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Time no barrier as Cropredy Fest rocks on and on

Simon Nicol, the last original member of folk rock band Fairport Convention, admits he's not into numbers, which may be why no one is quite sure what milestone just passed in this rural English village.
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Egypt signs $2.3 billion oil, gas agreements

Egypt has signed agreements for oil and natural gas exploration that are expected to bring in new investments of $2.3 billion, an official at the Oil Ministry said on Monday.
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Hardy Oil posts H1 loss, cuts FY production forecast

Britain's Hardy Oil and Gas Plc (HAOG.L: Quote, Profile, Research, Stock Buzz) posted an operating loss for the first half on lower crude oil prices and higher costs, and cut its 2009 production forecast as its only producing field was shut for repairs.
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Monday, 17 August 2009 - Market Commentary

The Australian Dollar opens the new week lower at 0.8283. The Aussie hit an eleven-month high of 0.8475 last Friday after the Reserve Bank of Australia governor Mr Glenn Stevens said a normal cash rate is noticeably higher than the current level of 3 per cent.
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Britain may tighten laws on bankers' pay: Darling

The British government is prepared to tighten the laws on bankers' pay and bonuses if companies continue to reward excessive risk-taking, finance minister Alistair Darling told the Sunday Times newspaper.
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Daily Wrap Up - August 13 - Energy

The U.S. Department of Energy's Information Administration said Thursday natural gas stockpiles increased by 63 billion cubic feet to 3,152 Bcf for the week ended August 7. he U.S. Department of Energy and the U.S. Department of the Treasury announced on Thursday they will allocate $2.3 billion in tax credits for manufacturers of clean energy equipment.
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Father hopes release of Frenchwoman in Iran imminent

The father of a French teaching assistant charged with spying in Iran said on Thursday he hoped his daughter would leave prison later in the day, after France agreed to provide bail for her conditional release.
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Germany and France exit recession

Germany and France achieved a shock return to economic growth in the second quarter of the year, ending their recessions earlier than many policymakers and economists expected, but failed to drag the euro zone with them.

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