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/ 1 November 2007

AngloGold: Profits flat, may trim hedge book

AngloGold Ashanti, the world’s third biggest gold producer, reported flat third-quarter headline earnings per share on Thursday after costs rose, undermining an increase in gold output. AngloGold’s new chief executive officer Mark Cutifani said the firm was reviewing its operations with a view to disposing of assets that did not add value

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/ 1 November 2007

Bruiser Bob relishes diplomatic coup

A decision by the European Union to allow Robert Mugabe to a summit is a rare diplomatic coup for Zimbabwe’s leader whose relations with the West have plummeted almost as fast as his country’s economy. In power since the former British colony won independence in 1980, Mugabe has shown no sign of mellowing in his old age.

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/ 1 November 2007

US Supreme Court calls a halt to executions

America’s execution chambers fell idle on Wednesday after the Supreme Court made it clear it will allow no more prisoners to be put to death until it reviews the legality of the lethal injection. Death penalty campaigners on Wednesday said they expected the informal moratorium to last at least until next summer.

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/ 1 November 2007

At least 554 Iraqis killed in October

At least 554 Iraqis were killed in the month of October in insurgent and sectarian attacks, according to the latest figures from Iraq’s three ministries. The data from the Interior, Defence and Health Ministries indicate that the death toll in October is one of the lowest since an attack on a Shi’ite shrine in February last year.

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/ 1 November 2007

Woolmer inquest witness fears for her life

A key witness in the inquest into the death of cricket coach Bob Woolmer refused to testify on Wednesday, saying she had received telephone threats from members of the Indian community. Janitor Patricia Baker-Sinclair told the inquest that she saw Woolmer counting a large sum of US dollars in the stadium’s dressing room.

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/ 1 November 2007

Chiefs score three for rare victory

Kaizer Chiefs left behind their inconsistent ways by taking down Free State Stars 3-0 in wet conditions in their Absa Premiership match played at Olympia Park in Rustenburg on Wednesday night. Kinnah Phiri’s charges collapsed when it mattered most — in the second half — as Mabhuti Khanyeza, Onismor Bhasera and Shaun Bartlett scored goals.

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/ 1 November 2007

US astronomers spot massive black hole

United States astronomers have discovered the biggest black hole orbiting a star 1,8-million light-years from Earth in the constellation Cassiopeia, with a record-setting mass of 24 to 33 times that of our Sun, Nasa said on Tuesday. The massive newcomer beats the previous stellar-mass black hole discovered on October 17 in the M33 galaxy that has 16 times the mass of our Sun.

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/ 1 November 2007

Oil leaps to $96 high on US inventory drop

Oil leaped more than 1% on Thursday, briefly topping for the first time and extending the previous day’s 5% jump after an unexpected sharp fall in United States crude stocks and data showing strong economic growth. The rise toward oil’s inflation-adjusted peak of ,70 from April 1980 was also supported by US dollar weakness after a Federal Reserve interest rate cut.

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/ 1 November 2007

Real storm to 5-1 win over sorry Valencia

Real Madrid hit four goals in a devastating first-half spell as they stormed to a 5-1 away win over Valencia at the Mestalla on Wednesday. A second-minute strike from Raul, a Ruud van Nistelrooy double and a superb shot from defender Sergio Ramos put Bernd Schuster’s side 4-0 up after just 37 minutes while Robinho added a classy fifth midway through the second half.