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/ 29 August 2006

Mission accomplished: Cruise finds movie money

Turns out finding money to make movies was an easy mission for Tom Cruise. Only days after the Mission: Impossible movie star effectively was fired by Paramount Pictures, Cruise, his film partner Paula Wagner and an investment fund run by professional football team owner Daniel Snyder agreed on Monday to a financing package that puts Cruise back in business.

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/ 29 August 2006

SABMiller seen eyeing Foster’s

Several foreign takeover suitors are understood to be sizing up the Foster Group for a potential takeover, the <i>Sydney Morning Herald</i> reported on Tuesday. "The world’s largest brewer, InBev, is believed to be running the rule over Foster’s, with its next largest competitor, SABMiller, rumoured to be also be mulling over whether to make a AUS$11-billion-plus play for Australia’s largest wine and beer group," the report said.

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/ 29 August 2006

Economists predict July PPI at at 7,5%

The increase in South Africa’s producer price index (PPI) is expected to have risen to 7,5% year-on-year in July, unchanged from the surprise 7,5% increase in June, a survey of 12 economists by I-Net Bridge has found. Forecasts ranged from 7% y/y to 9,3% y/y, although only four of the 12 economists surveyed expected the increase to be above 7,5%.

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/ 29 August 2006

Pilger lashes ‘whiter than white’ ANC

Journalist John Pilger is scathing in his criticism of the ”whiter than white” economic policies of the South African government, which he says have enriched a few blacks at the expense of millions of others. In his new book Freedom Next Time, the combative Australian-born writer says the African National Congress (ANC) sold its soul to corporate bosses over glasses of single-malt whisky.

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/ 29 August 2006

Annan to see south Lebanon destruction

United Nations Secretary General Kofi Annan will see the destruction in southern Lebanon at first hand on Tuesday when he visits the area during a Middle East tour designed to cement a truce between Israel and Hezbollah. On the first stop of his tour, Annan issued a warning in Beirut on Monday that all sides must fully implement UN Security Council resolution 1701 or face a possible new war.

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/ 29 August 2006

Dedicated follower of fashion

Okay, so maybe I am being a girl about it, but they really are gorgeous little buzzers. From their flowing metal curves and sturdy demeanor to their a cute headlamp faces, Vespas have somehow elevated themselves from mere machinery into icons of style. I’ve been sold on the small Italian scooters for quite some time now,writes Lisa Johnston.

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/ 29 August 2006

One to set the pulse racing

Cars don’t come a lot more handsome than the new Brera from Alfa Romeo, which, with good reason, fancies itself as something of a George Clooney among automobiles — nonchalantly contemporary, but with more than a flicker of an earlier, more charismatic era about it.

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/ 29 August 2006

A perfect package

Just imagine if the Lexus brand was owned, not by Toyota, but by Eskom. This thought popped into my head as we flew into Cape Town for the launch of the new Lexus GS300 and IS250 models. We were handed fancy "Western Cape Energy-Efficient-Zone" passports, issued at the airport by the national power company, writes Gavin Foster.

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/ 29 August 2006

More power for mummies

Okay, let’s be honest, there are very few of us who are going to read about the B-Class and wonder really if it isn’t just the A-Class, only bigger. While the A-Class is, no doubt, a great vehicle in it’s own right, nobody really wants a vehicle that offers just slightly more than another, slightly cheaper vehicle in the range.

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/ 29 August 2006

A second glance

Any manufacturer that updates a current model in its range, adds a few new features and drops the price of the car deserves to be looked at more than once if that particular car falls into your price bracket. There are some manufacturers out there who are intent on continuing to bring out overpriced vehicles and it’s really quite easy to identify them.