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/ 21 November 2003

Mixed fortunes for M-Net

Knocked by a stronger rand, pay television network M-Net reported a 97 cent loss per share for the six months ended September, compared with a headline profit of 24,4 cents a share for the previous comparable half-year. Advertising revenues also remained under pressure, mainly due to a declining analogue subscriber base.

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/ 21 November 2003

Rockets slam into Iraqi hotels, Oil Ministry

Rockets apparently fired from donkey carts slammed into Iraq’s Oil Ministry and two hotels used by United States workers and foreign journalists in downtown Baghdad on Friday morning, causing limited damage. At least one man was injured. One rocket hit the Palestine hotel and another hit the next-door Sheraton.