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Indonesian ferry captain rejects overcrowding claims

The captain of an Indonesian ferry which sank killing 29 people rejected claims of overcrowding Monday and blamed a freak storm for the disaster, as officials launched an investigation More

IMF head says world economy 'highly vulnerable'

The head of the IMF Dominique Strauss-Kahn said here on Monday that although the worst of the global financial storm had passed, the world economy remains "highly vulnerable More

Palermo fire Zenga after derby draw

 Palermo fire Zenga after derby draw

Palermo on Monday sacked coach Walter Zenga, just a day after their 1-1 home draw against Sicilian rivals Catania, Zenga's former clubMore

Mobile multimedia revenues tipped to dethrone text

 Mobile multimedia revenues tipped to dethrone text

Multimedia services will surpass text messaging this year as the main source of mobile operators' non-voice revenues in the Asia-Pacific region, industry analyst IDC said MondayMore

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