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/ 17 January 2008

BA plane makes emergency landing in London

A British Airways (BA) plane on a flight from China made an emergency landing at London’s Heathrow Airport on Thursday and three people were slightly hurt in an incident police said had no link to terrorism. ”We can confirm that BA Flight 38 arriving from Beijing made an emergency landing,” an airport spokesperson added.

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/ 17 January 2008

Morocco building collapse leaves 14 dead

Fourteen people were killed and 26 injured when an apartment block being built in Morocco collapsed, the MAP news agency reported on Thursday, saying rescue workers were still at the scene a day later. The accident happened on Wednesday morning in Kenitra when about 30 building workers were on the site of the two-storey housing and shopping centre, MAP said.

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/ 17 January 2008

Fed Express steams on as Venus stutters

Roger Federer stepped up his unrelenting charge towards a third successive Australian Open title with an emphatic win on Thursday, but Venus Williams had to dig deep to reach the third round. The Fed Express, chasing a 13th Grand Slam title, crushed wily Frenchman Fabrice Santoro, playing in a record 62nd Major tournament, 6-1, 6-2, 6-0.

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/ 17 January 2008

DA sends ‘wish list’ to Gauteng premier

A ”wish list” of proposals that could improve service delivery has been sent to the Gauteng premier, the Democratic Alliance said on Thursday. Spokesperson and member of the provincial legislature Jack Bloom compiled the list. It has been sent to Premier Mbhazima Shilowa, and includes the actions Bloom believes would improve service delivery.

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/ 17 January 2008

R37,9bn deal firms Anglo’s iron-ore position

Anglo American, the world’s second-largest resources group, on Thursday strengthened its iron-ore portfolio by announcing a $5,5-billion (R37,9-billion) deal that will see it take control of key projects in Brazil. The group is holding exclusive negotiations with Mineração e Metálicos’s controlling shareholder, Eike Batista.

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/ 17 January 2008

Survey: $1 000 gold possible in 2008

"We have to start viewing $1&nbsp;000 as a clear possibility for later this year," precious-metals consultancy GFMS said on Thursday. Releasing its <i>Gold Survey 2007: Update 2</i>, the consultancy projected an average gold price of $840 an ounce over the first half of 2008 with further increases possible later in the year.

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/ 17 January 2008

Home builders to feel the heat

If the South African Reserve Bank needs further evidence of the dampening effect of higher rates on real economic activity, recent building data has been just that, according to independent economic analysts. A major challenge facing the government is also the extreme escalation in building costs.