LOUISE WATT

Associated Press Writer
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Reed Elsevier profits drop 48 pct in H1

Reed Elsevier Group PLC, the London and Amsterdam-based educational publisher and owner of the LexisNexis information service, reported Thursday its first-half profit fell 48 percent and said it would sell new shares to raise money to cope with debt from its acquisition of ChoicePoint Inc.

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Rolls-Royce net soars on currency contracts

Aircraft engine manufacturer Rolls-Royce PLC on Thursday reported a six-fold surge in first-half profit to 1.86 billion pounds ($3 billion) as it marked up the value of foreign currency hedges on its books.

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Photographer: Jackson full of energy in rehearsals

Michael Jackson looked in perfect health and gave an electrifying performance two days before his death during rehearsals for his planned comeback concerts, a photographer who took pictures of the rehearsals said Tuesday.

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Experts mull over lessons from plane crash

The mysterious disappearance of an Air France jet this week while flying over the Atlantic in fierce thunderstorms is stirring a debate about whether new technologies and procedures are needed to prevent similar tragedies in the future.

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European, Asian markets edge higher ahead of Fed

Most stock markets rose modestly Wednesday ahead of an announcement from the U.S. Federal Reserve, which is expected to leave interest rates unchanged but also say how far it intends to boost credit markets with cash injections.

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British author says she is banned from Dubai event

A British author said Monday she has been banned from a Dubai literary festival because her forthcoming novel contains references to homosexuality.

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Oil rises to above $42 as Gaza, demand weighed

Oil prices rose to above $42 a barrel Friday in Asia as traders speculated that a second front is opening in Israel's Gaza offensive, but analysts said gains would likely be limited by continuing weakness in demand for crude.

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Mining for minerals fuels Congo conflict

The conflict in eastern Congo is being fueled and funded by a tussle for mineral resources that end up in cell phones, laptops and other electronics — deepening the stakes in a war that sprung out of festering hatreds from the Rwandan genocide.

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World stock markets sink on Wall Street crisis

Asian and European stock markets were down sharply Monday amid growing alarm over the world's financial system after a seismic shake-up on Wall Street, with Lehman Brothers saying it would file bankruptcy and Merrill Lynch being sold to Bank of America.

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Explorer aims to educate youth on the environment

After traveling around the Arctic Circle alone, walking across South America, venturing through African war zones and hiking deep into the Amazon, Borneo and Sumatra jungles, Mike Horn is ready to embark on his most ambitious project yet.

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