2013 Line-Ups Season Formula One

Confirmed Formula One lineups for the 2013 season starting on March 17 after Force India announced Germany's Adrian Sutil as their second driver on Thursday. RED BULL Sebastian Vettel (Germany) Mark Webber (Australia) FERRARI Fernando Alonso (Spain) Felipe Massa (Brazil) MCLAREN Jenson Button (Britain) Sergio Perez (Mexico) LOTUS Kimi Raikkonen (Finland) Romain Grosjean (France) MERCEDES Nico Rosberg...

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Mexican Open Nadal Eases Into Quarter-finals

ACAPULCO, Mexico: Rafael Nadal eased into the quarter-finals of the Mexican Open on Wednesday, continuing his comeback from the knee injury that sidelined the 11-time Grand Slam champion for seven months. Nadal, playing in his third tournament in four weeks after his lengthy layoff, needed one hour and 16 minutes to get past Argentine qualifier Martin Alund 6-0, 6-4. Nadal pocketed the first set in less than half an hour, saving all three...

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New Style Urban Demolition Hotel In Tokyo

TOKYO: Passers-by in Tokyo's busy Akasaka district have started to notice something odd about a 40-floor hotel - it has shrunk to about half its original height. Slowly but surely, and with none of the explosions or dust normally associated with the demolition of skyscrapers, the hotel is being torn down. "In this demolition scheme, the building shrinks and disappears without you noticing," said Hideki Ichihara, manager of Taisei Corp., the...

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Malaysian Ringgit Leds In Asian Currencies

SINGAPORE: The Malaysian ringgit led gains in emerging Asian currencies on Thursday, with most regional units set to see monthly rises as risk appetite improved after a relatively smooth sale of Italy's bonds and on strong U.S. business spending. The ringgit rose as investors rushed to cover short positions, shrugging off news that central bank was set to impose tighter rules on the currency's reference rates. The Indonesian rupiah gained on...

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Asia Has The World's Most Billionaires

BEIJING (Feb 28, 2013): Asia has more billionaires than any other continent, followed by North America and Europe, according to a survey by a China-based wealth magazine released on Thursday. There were 1,453 people around the world with a personal wealth of US$1 billion or more as of January, said the Hurun Report, a luxury magazine publisher that compiled the list. Asia had 608 billionaires, North America 440 and Europe 324, it said in...

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12 Taiwan Rail Officials Indicted on Corruption

TAIPEI (Feb 28, 2013): Twelve Taiwan railway officials including two deputy directors have been indicted on graft charges after allegedly accepting banquets and hostess club visits in the biggest corruption scandal to hit the state rail sector, prosecutors said. Chung Chao-hsiung and Huang Min-jen, deputy chiefs of the Taiwan Railway Administration, were charged along with 10 employees on Wednesday for allegedly accepting gifts from businessmen. The...

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Britain's MoD under fire for 'wasting' £1.5 Billion

LONDON (Feb 28, 2013): Lawmakers slammed Britain's Ministry of Defence on Thursday after it was revealed that between 2009 and 2011 it bought £1.5 billion worth of equipment more than it used. A report by a cross-party committee of MPs identified £3.4 billion (US$5.1 billion, 3.9 billion euros) worth of supplies which it said could be sold. The report accused the department of "wasting significant amounts of public money" on accruing...

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