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/ 22 April 2008

Danica Patrick races into history books

Danica Patrick endured sexist remarks and disappointment through 49 starts without a victory over more than three years in the male-dominated world of IndyCar racing. But the 26-year-old American kept her poise and that’s why the lady is now a champion, becoming the first woman in a century of open-wheel racing to win an event.

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/ 22 April 2008

Bank of America profits fall 77%

The credit crunch sent Bank of America’s quarterly profits plunging 77% after weak trading on Wall Street and in retail banking, it was announced on Monday. Bank of America, which has the largest branch network in the United States, wrote off more than -billion in trading losses and provisions against bad debts.

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/ 21 April 2008

Ernst van Dyk shines in Boston

South African Ernst van Dyk and Japan’s Wakako Tsuchida led all the way in winning the Boston Marathon wheelchair divisions on Monday. Van Dyk finished in one hour, 26 minutes and 49 seconds to win in Boston for the seventh time. Though it was the second slowest time of his seven victories, no one was near him when he crossed the finish line on Boylston Street.

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/ 19 April 2008

Oil hits new record $117 a barrel

Oil prices hit a record high a barrel on Friday as jitters over Nigerian oil supplies outweighed a rally in the dollar and fears of an economic slowdown in giant energy consumer China. United States light crude settled up ,83 at ,96 a barrel, before hitting a record . London Brent crude gained ,49 to ,92.

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/ 19 April 2008

US envoy calls for more focus on Somalia

The United Nations special envoy for Somalia was in Washington on Friday to press for more attention on efforts to stabilise the country. Ahmedou Ould-Abdallah says that the West needs to exert leverage on power brokers in Somalia who have bank accounts abroad. Western countries can also help mobilise Somali expatriate communities to support peace talks.

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/ 18 April 2008

Citigroup posts $5,11-billion first-quarter loss

Citigroup, the largest United States bank, on Friday posted its second straight quarterly loss, hurt by more than -billion in write-downs and increased reserves for credit losses. The loss totalled ,11-billion, or ,02 per share, and compared with a year-earlier profit of ,01-billion, or ,01 per share. Revenue fell 48% to ,22-billion.

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/ 18 April 2008

Google makes gains during credit crunch

The internet company Google has defied predictions of economic doom by delivering a 31% surge in quarterly profits, which appeared to vindicate the company’s claims that people will continue searching the web in a recession. Google’s first-quarter earnings jumped from -billion to ,31-billion.

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/ 17 April 2008

Pressure mounts on Zimbabwe at UN

Western states joined the United Nations in urging action to ensure a fair outcome from Zimbabwe’s elections, but most African countries avoided the issue at a summit of the Security Council on Wednesday. British Prime Minister Gordon Brown said: ”No one thinks, having seen the results of polling stations, that President [Robert] Mugabe has won.”

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/ 17 April 2008

UN chief alarmed at violence in Gaza

United Nations chief Ban Ki-moon on Wednesday expressed grave concern at the mounting violence in the Gaza Strip and southern Israel and urged all parties to show restraint. "The secretary general is gravely concerned at the escalation of violence in Gaza and southern Israel," his press office said in a statement.

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/ 16 April 2008

Top US court allows execution by lethal injection

The United States Supreme Court on Wednesday rejected a challenge to the lethal three-drug cocktail used in most US executions during the past 30 years. By a 7-2 vote, the court rejected a challenge by two Kentucky death-row inmates, who argued the current lethal injection method violated the constitutional ban on cruel and unusual punishment.

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/ 16 April 2008

Zim to haunt Mbeki at UN summit

South African President Thabo Mbeki had intended to lead a summit on Wednesday at the United Nations in New York that would focus on the increasing peacekeeping chores of African Union troops. But on Tuesday, it became clear that Mbeki would not be able to dodge the ongoing election crisis in Zimbabwe.

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/ 15 April 2008

Marilyn Monroe sex film to be kept private

A 15-minute film of Marilyn Monroe engaging in oral sex with an unidentified man will be kept from public view by a New York businessman who has bought it for ,5-million, the broker of the deal said on Monday. Monroe is clothed and the man’s head remains out of the frame for the entire 15 minutes of the film.

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/ 15 April 2008

Free tune-up tools keep your PC humming

Making a Windows-based computer truly personal takes both time and money. Not only do you have to buy the computer, but you also spend many hours setting it up just the way you like it. That’s why it’s frustrating when, over time, your well-tuned Windows box starts to get sluggish or unreliable.

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/ 15 April 2008

Obama defends ‘bitter’ remarks

United States Democratic presidential candidate Barack Obama spent a fourth day on Monday defending himself for calling people in small towns with economic blight ”bitter” in a controversy that rival Hillary Clinton is trying to use for a comeback. Republican John McCain also sought political gain from the flap.

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/ 14 April 2008

From big oil to big wind

T Boone Pickens is famous for thinking big. He founded his Texan oil company, Mesa Petroleum, in 1956 with just 500 in the bank. After a string of audacious takeovers he turned it into an independent empire that challenged the big oil companies, and today he is worth -billion. Now this straight-talking Southerner is launching the biggest and most audacious project of his career.

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/ 13 April 2008

New oyster-eating champion crowned

Patrick ”Deep Dish” Bertoletti looked down at the litter of empty oyster shells on the red plastic tray and savoured the sweet taste of victory. The Acme World Oyster-Eating Championship belt — a massive leather affair featuring a silver dish with a single oyster on the half-shell in the centre — hung on his skinny hips.