Concorde manslaughter conviction overturned

A FRENCH appeals court has overturned a manslaughter conviction against Continental Airlines for the July 2000 crash of an Air France Concorde that killed 113 people, ruling Thursday that mistakes by the company's mechanics were not enough to make...

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US stocks open higher on growth estimate

US stocks have opened higher, chasing solid gains in markets in Asia and Europe, helped by an expected strong upward revision in the US economic growth estimate for the third quarter. All major sectors were higher, led by consumer goods and...

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US economy grew stronger 2.7% in 3Q

THE US economy grew at a 2.7 per cent pace in the third quarter, faster than previously estimated, the Commerce Department says in a report that nevertheless points to a weaker fourth quarter. Gross domestic product growth was revised upward from...

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CNN names Jeff Zucker as new chief

CNN has named former NBC Universal chief Jeff Zucker as its new top executive. Mr Zucker is replacing Jim Walton, who announced he was leaving this past summer. Mr Zucker takes over a network that was the first in cable news but has lagged...

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Syria 'shuts off the internet'

TWO US-based internet-monitoring companies say Syria has shut off the Internet nationwide. Activists in Syria reached Thursday by satellite telephone confirmed the unprecedented blackout, which comes amid intense fighting in the capital, Damascus....

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S&P affirms China's credit rating

STANDARD & Poor's has affirmed China's sovereign credit rating, another sign that the world's second largest economy is rebounding as Beijing prepares to usher in new leaders. The ratings agency said China's "exceptional growth prospects"...

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Halloween stampede claims fifth victim

A FIFTH young woman has died from injuries sustained in a stampede during a Halloween dance party in Madrid arena. Spanish National Radio said 20-year-old Maria Teresa Alonso died in Madrid's Fundacion Jimenez Diaz hospital from brain injuries....

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