News From the Copa
Date: 13 July 2007
By Jeff Z. Klein
Jeff Klein
The Copa América is hurtling toward its unspeakable climax, the Argentina-Brazil tournament final in Maracaibo on Sunday. Today is our last chance to catch up with various news, notes and other stories that have emerged since it all began on June 26.
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Energizer Holdings Agrees to Buy Playtex Products for $1.2 Billion
Date: 13 July 2007
By Bloomberg News
Bloomberg News
Energizer Holdings, the battery maker, will acquire Playtex Products for $18.30 a share.
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Fitch May Downgrade Bonds Tied to Subprime Mortgages
Date: 13 July 2007
By Bloomberg News
Bloomberg News
Fitch Ratings said it might downgrade bonds valued at $7.1 billion due to rising delinquencies and defaults on subprime mortgages.
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India: Growth of Output Slows
Date: 13 July 2007
By Bloomberg News
Bloomberg News
India’s industrial production growth slowed for a second month in May as the highest interest rates in five years crimped demand and currency gains weakened exports. Output at factories, utilities and mines rose 11.1 percent from the period a year earlier, after a revised 12.4 percent increase in April, the Central Statistical Organization said. Economists were expecting a 12 percent gain. Manufacturing output rose 11.9 percent in May from a year earlier, the slowest pace in four months. Mining gained 3.7 percent.
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France: Sales Rise at L’oréal
Date: 13 July 2007
By Bloomberg News
Bloomberg News
L’Oréal, the cosmetics maker, said second-quarter sales rose 10 percent on gains in Eastern Europe and Asia and a recovery in North America. Sales rose to 4.25 billion euros ($5.85 billion) from 3.85 billion euros a year earlier. L’Oréal, based in Paris, has expanded in emerging markets from Russia to Brazil to stoke growth as customers in those countries spend more money on cosmetics products. “Our most dynamic category was skin care,which has a lot of added value,” the chief executive, Jean-Paul Agon, above, said on a conference call.
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News Analysis: Bush fending off an Iraq deadline
Date: 13 July 2007
By David E. Sanger and Thom Shanker
David Sanger
WASHINGTON — President George W. Bush's Iraq strategy now boils down to this: He is trying to buy time for a surge that is living on borrowed time.
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In a Baghdad Killing, Questions That Haunt Iraq
Date: 14 July 2007
By John F. Burns
John Burns
Khalid W. Hassan, an Iraqi reporter and interpreter for The Times, died in Iraq’s murderous turmoil.
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2 Iraqi Journalists Killed as U.S. Forces Clash With Militias
Date: 13 July 2007
By Alissa J. Rubin
Alissa Rubin
In a southeastern neighborhood in Baghdad, clashes between the American military and Shiite militias have left at least 16 people dead, including 2 journalists.
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Nigel Dempster Dies at 65; Made Gossip Respectable
Date: 13 July 2007
By Douglas Martin
Douglas Martin
Mr. Dempster fed the seemingly insatiable appetite for word of how minor aristocrats and wayward members of the British establishment were misbehaving.
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