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/ 8 December 2004
GlaxoSmithKline has granted a fourth voluntary licence to a South African generics firm to market its anti-Aids medicines.
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/ 8 December 2004
The JSE Securities Exchange (JSE) on Wednesday got its first foreign listing, following the relaxing of exchange controls announced earlier in 2004, when platinum-miner Aquarius Platinum listed on the bourse. However, by 10.10am Aquarius Platinum’s share on the JSE was untraded, with the share bid at R26.
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/ 8 December 2004
FirstRand Bank Holdings has agreed to the proposed acquisition of 5% of its Namibian subsidiary FNB Namibia Holdings, which has a market capitalisation of N$1,3-billion, by a consortium of black Namibian investors and non-executive directors and staff.
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/ 8 December 2004
Platinum-miner Ridge Mining is investigating the possibility of listing on the JSE Securities Exchange (JSE), following the relaxing of exchange controls, and could list on the bourse in the first half of 2005, Ridge Mining commercial director Francis Johnstone said from London on Wednesday.
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/ 8 December 2004
The JSE Securities Exchange was weaker in noon trade on Wednesday, taking its cue from world markets on which heavyweight resources stocks in particular were under pressure. A softer rand offset the local bourse’s losses. By 11.55am, the all share index was down 0,34%. Resources retreated 0,97% and the gold mining index tumbled 2,21%, while the platinum mining index lost 0,41%.
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/ 8 December 2004
For wine snobs, it could be the ultimate vintage guaranteed to impress: a 9 000-year-old prehistoric preserved wine dug up from the Neolithic village of Jiahu in northern China. The vintage Chinese brew was discovered by an international team of researchers including University of Pennsylvania Museum archaeochemist Patrick McGovern.
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/ 8 December 2004
Punxsutawney Phil tried his hand in politics on Tuesday and, in one day, managed to taste it all — the media spotlight, backstabbing, and a trip back home under lock and key. The world’s most famous groundhog, who every year predicts the length of winter, was brought to the national capital by a powerful patron, Representative John Peterson, who managed to slip 000 into this year’s budget for a museum showcasing the weather beast.
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/ 8 December 2004
If there’s one thing that Americans love more than their cars, it’s other people’s cars. That explains why there were a staggering 1,3-million cars stolen nationwide last year, or about one every 25 seconds, according to a recent study by the National Insurance Crime Bureau (NICB).
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/ 8 December 2004
A newly designed airbag can ”hear” an accident and will go into series production at a major German car manufacturer next year, the VDO Automotive AG has announced. The airbag is ten times faster than a conventional airbag and can be re-used after a light accident, VDO said.
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/ 8 December 2004
To the United States military he was a turncoat and a traitor, the soldier who defected to communist North Korea and lived as a fugitive during the height of the Cold War. On Tuesday, though, Charles Jenkins finally started his new life, having served a short court-martial sentence after deserting from the US army almost 40 years ago.