MediaTalk; Tabloids Cry: You Stole My Headline!
Date: 03 September 2001
By Felicity Barringer
Felicity Barringer
Entertaining skirmish breaks out at fringes of New York City's tabloid newspaper war, as New York Daily News accuses New York Post of 'ripping off' a headline; photos (S)
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Relations With North Korea May Suffer After Seoul Cabinet Walkout
Date: 04 September 2001
By James Brooke
James Brooke
The big loser in South Korea's mass cabinet resignation today may have been the so-called sunshine policy toward North Korea
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Gramm Says He Won't Seek Re-election
Date: 04 September 2001
By David Stout
David Stout
Senator Phil Gramm of Texas, a conservative Republican, said today that he would not seek re-election to a fourth term next year
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World Business Briefing | Americas: Venezuela: Venezuelan's View On Oil Output
Date: 04 September 2001
By Bloomberg News
Bloomberg News
Venezuela's energy and mines minister, Alvaro Silva, says OPEC does not plan to make any changes in production levels at its next meeting because oil prices are likely to rise as result of group's most recent production cutback (S)
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Net Currency Seller Files for Bankruptcy
Date: 03 September 2001
By Bloomberg News
Bloomberg News
Flooz.com, seller of online currency used as electronic gift certificates, files for Chapter 7 bankruptcy protection, days after saying $300,000 of credit card fraud over Internet contributed to its shutdown (S)
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Radio Stations Purchased
Date: 03 September 2001
By Bloomberg News
Bloomberg News
Media unit of Rogers Communications Inc agrees to buy 13 radio stations from closely held Standard Broadcasting Corp for 100 million Canadian dollars ($64.5 million) to offer more attractive radio-time packages to Toronto advertisers and to expand in northern Ontario (S)
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Singapore Airlines Withdraws Bid for a Stake in Air-India
Date: 03 September 2001
By Bloomberg News
Bloomberg News
Singapore Airlines drops its bid for stake in Air India, citing political opposition to sale, slowing global economy and its plans to invest in southwestern Pacific; Singapore Air was seeking 40 percent stake in Air India, government-owned carrier, with Tata Group of India (S)
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HSBC Moves to Ease Concerns on Equity Ratings
Date: 04 September 2001
By Bloomberg News
Bloomberg News
HSBC Holdings, one of Europe's biggest investment banking companies, has told its equity analysts to publish as many negative recommendations on stocks as positive ones; bank's analysts will no longer issue hold recommendations; moves follow accusations by some investors that analysts seldom issue sell recommendations on stocks, partly from their firms' fear of losing underwriting business from companies mentioned in their research (M)
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NEWS SUMMARY
Date: 03 September 2001
INTERNATIONAL A2-8 Macedonians Plead For a Wider NATO Role As NATO soldiers travel through Macedonia, it is becoming clear that there is a gap between their limited mission and the expectations of people on both sides of the ethnic conflict. NATO says that it has come only to collect arms from ethnic Albanian rebels, not to protect civilians. But since the soldiers arrived last week, nervous civilians living among bitter ethnic tensions are asking them to do just that. A1 Tense School Days in Mideast In Jerusalem, the new school year began with the Israeli police on high alert for a Palestinian terrorist attack, perhaps on a school building or a school bus. In the West Bank, Palestinian children passed through multiple Israeli checkpoints. A6
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NEWS SUMMARY
Date: 04 September 2001
INTERNATIONAL A3-10 U.S. and Israel Walk Out Of U.N. Racism Conference The United States and Israel left the United Nations conference on racism in Durban, South Africa. Their action was prompted by proposed conference language condemning ''the racist practices of Zionism'' and describing Israel's treatment of Palestinians as a ''new kind of apartheid.'' Emergency meetings were convened to redraft the charged language in the hope of averting other walkouts. A spokesman for the European Union, which raised concerns about the language, said its diplomats would help in its redrafting. A1
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