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| Racial Prejudice |
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FOR months, Mr Gingrich has made racial resentment an integral part of his platform as a conservative challenger to Mitt Romney. ... |
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| Obesity Rates Stall, But No Decline |
| After two decades of steady increases, obesity rates in adults and children in the United States have remained largely unchanged during the past 12 years, a finding that suggests national efforts at promoting healthful eating and ...
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 | Vodafone Qatar narrows 9-month loss by 21% OHA VODAFONE Qatar, second telecom operator in the country, on Thursday said its net loss in the nine-month period narrowed by 21 percent to QR359 million from QR457 million of the previous year.
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| | Qtel eyes buyout of partner in Asiacell | | DUBAI QATAR Telecom (Qtel) plans to buy out a private equity partner's stake in Iraqi telecoms operator Asiacell before offering shares in the company to the public, two banking sources said on Tuesday.
Qtel has a 30-percent stake in Asiacell, Iraq's number two operator, while London-based partner MerchantBridge has 19 percent.
Morgan Stanley is assisting Qtel in the process, while MerchantBridge is being advised by Credit Suisse , the sources said on condition of anonymity.
In October, Asiacell appointed HSBC and Morgan Stanley to manage an initial public offering of its shares in Iraq. A sale of MerchantBridge's stake was likely to happen before the IPO, the sources said. MerchantBridge was not immediately available for comment.
A Qtel spokesman in Doha declined to comment.
Asiacell had 8.7 million subscribers at the end of September 2011, giving it a 34-percent market share, down from 37 percent a year earlier. Qtel owns controlling stakes in Kuwait's Wataniya, Oman's Nawras and Indonesia's Indosat.
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| | US jobless claims near 4-year low, inflation muted | | WASHINGTON THE number of Americans filing for new jobless benefits dropped to a near four-year low last week, pointing to some building up of momentum in the labour market and the economy.
But the upbeat economic outlook was dampened by other data on Thursday showing a drop in new residential construction in December after hefty gains the prior month.
Initial claims for state unemployment benefits plunged 50,000 to a seasonally adjusted 352,000, the lowest level since April 2008, the Labour Department said.
That was the largest drop since September 2005 and took claims within spitting distance of the 350,000 mark that economists say would signal strong job growth.
The four-week moving average of claims, considered to be a better measure of labour market trends, dropped 3,500 to 379,000 last week. Analysts had expected initial claims to fall only to 385,000.
"We have to see if there are some seasonality issues involved here, but on the surface this number looks to be very positive and is pretty much consistent with other data we've seen recently that suggest improvement in underlying fundamentals in the US," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange.
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| | Kodak files for bankruptcy, secures $950mn lifeline | | NEW YORK EASTMAN Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies.
The more than 130-year-old photographic film pioneer, which had tried to restructure to become a seller of consumer products like cameras, said it had also obtained a $950 million, 18-month credit facility from Citigroup to keep it going.
The loan and bankruptcy protection from US trade creditors may give Kodak the time it needs to find buyers for some of its 1,100 digital patents, the key to its remaining value, and to reshape its business while continuing to pay its 17,000 workers.
"The board of directors and the entire senior management team unanimously believe that this is a necessary step and the right thing to do for the future of Kodak," Chairman and Chief Executive Antonio Perez said in a statement.
"Now we must complete the transformation by further addressing our cost structure and effectively monetising non-core intellectual-property assets. We look forward to working with our stakeholders to emerge a lean, world-class, digital imaging and
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