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Archive for April 14th, 2009

‘Nazi guard’ deportation blocked

An 89-year-old US man suspected of Nazi war crimes is granted a last-minute stay of deportation after being detained.

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Intel beats forecasts but shares fall after-hours (Reuters)

Reuters - Intel Corp smashed quarterly earnings expectations and declared that the worst may be over for the tech sector, but its shares slid 4.5 percent after it failed to give a clear revenue forecast.

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Retail sales, Goldman hit Wall Street; Intel drops late (Reuters)

Traders work on the floor of the New York Stock Exchange as a major economic speech is given by President Obama from Georgetown University in New York City.(AFP/Getty Images/Spencer Platt)Reuters - Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs’ share offering could prompt others to follow suit.

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Intel says PC sales improving; profit beats Street (AP)

Intel chips are shown on a circuit board in this undated company handout photograph. Top global chip maker Intel should report hefty slides in quarterly earnings and sales after a brutal drop-off in demand, but signs of a market stabilization may assuage some of 2009's pain. Investors in the Santa Clara, California-based giant, which reports first-quarter earnings on April 2, 2009, hope the recent rollout of Xeon server chips and strong sales of the Atom netbook microprocessor will prop up sales in coming quarters.  REUTERS/Handout (UNITED STATES BUSINESS SCI TECH) NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. QUALITY FROM SOURCEAP - Intel Corp.’s first-quarter profit blew past Wall Street’s grim forecasts as the chip maker’s CEO proclaimed Tuesday that personal computer sales “bottomed out” and have started recovering.

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EBay plans IPO for Skype, citing limited synergies (AP)

AP - EBay Inc. plans to spin off its Internet communications service Skype through an initial public offering.

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Poland to seek $20bn IMF credit

The Polish government is to ask the International Monetary Fund for an extended credit line to boost its national bank reserves.

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‘Nazi guard’ seized by US agents

US agents detain an 89-year-old man at his home ahead of deportation to Germany to face trial for alleged Nazi war crimes.

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French boats block Channel ports

French fishing boats mount a blockade of at least two Channel ports in a dispute over fishing quotas.

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Ancient medicines were alcoholic

Bottles discovered in an Egyptian pharaoh’s tomb test positive for traces of 5,000 year-old medicinal wine.

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‘First camel clone’ born in Dubai

Scientists in Dubai say they have created the world’s first cloned camel using DNA harvested from an adult camel.

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