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/ 1 December 2005

Storm clouds threaten Indian cricket again

A severe cyclonic storm building in the Bay of Bengal has threatened to curtail the first cricket Test between India and Sri Lanka in Chennai, India, from Friday. That will be bad news for fans in Chennai who have already seen the past three international matches here fall by the wayside due to bad weather.

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/ 1 December 2005

Tokyo’s pampered pets get five-star hotel

Japanese pet owners can now embark on their foreign travels safe in the knowledge that their pampered pooches and moggies will be living in the lap of luxury at a five-star ”pet hotel” that opens on Thursday at Tokyo’s Narita airport. The Pet Inn Royal boasts 170 well-appointed rooms — not kennels — for up to 250 animals.

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/ 1 December 2005

Old Mutual amends Skandia acceptance level

South African financial and insurance giant Old Mutual plc on Thursday announced that it is amending its minimum acceptance level for Swedish life assurer Skandia from 90% to more than 50%. The group said all other outstanding terms and conditions relating to its offer for Skandia remain unchanged and as previously announced.

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/ 1 December 2005

Cosatu warns new trade-union federation

South Africa has a new ”super trade-union federation”, but the country will have to wait until July to know what it will be called. The Congress of South African Trade Unions (Cosatu) warned the super-federation not to take the short-sighted position of becoming ”a significant rival to Cosatu”.

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/ 1 December 2005

Peres quits Labour to support Sharon

Shimon Peres resigned from Israel’s Labour party, his political home for most of the past 60 years, on Wednesday to support the re-election of Prime Minister Ariel Sharon, whom he described as providing the best opportunity for peace with the Palestinians. Peres said the decision to leave Labour was ”neither simple nor mundane”.

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/ 1 December 2005

De Beers agrees to settle US lawsuits

De Beers, the world’s largest producer of diamonds, on Wednesday said it has agreed to pay -million to settle four United States class-action lawsuits that accused it of overcharging. The settlement ends 11 years of litigation and ”the majority of civil class actions filed against De Beers in the US,” the company said.