By Caren Bohan
 
CHICAGO (Reuters) - U.S. President-elect Barack Obama offered embattled U.S. automakers a promise and a threat on Friday, saying he hoped to create more autoworker jobs but only if carmakers do not squander the opportunity to reform.
Speaking after the outgoing administration of President George W. Bush offered $17.4 billion in emergency loans to [...]

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By Adrian Wojnarowski, Yahoo! Sports
The Portland Trail Blazers general manager had sent Brandon Roy to the sound stage in Secaucus, N.J., to be the face of the franchise on that improbable draft night a year and a half ago. Roy was the fresh-faced kid sitting on the podium with Jerry West and Larry Bird. He [...]

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MADRID (AFP) - Barcelona midfielder Xavi Hernandez, voted the best player at Euro 2008, Friday signed an extension to his contract that will keep him at the club until 2014.
“The new deal means that the Barca midfielder will be staying at the club until at least 30 June 2014, four years more than his original [...]

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By ANGUS SHAW, Associated Press Writer
HARARE, Zimbabwe – President Robert Mugabe said Friday that “Zimbabwe is mine” and vowed never to surrender, saying no African nation is brave enough to topple him.
Mugabe, who has led the country since its 1980 independence from Britain, has faced renewed criticism — most recently from the top U.S. envoy [...]

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The time has come for Saitoti
BY GEORGE MUNYORI and KEVIN KEYA
 
Internal Security Minister Professor George Saitoti has finally been endorsed as Party of National Unity (PNU) Chairman, consolidating his long-time dream towards clinching the country’s presidency.
Professor Saitoti was elected on Friday alongside President Mwai Kibaki who was unanimously endorsed as Party Leader, at the PNU [...]

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By John Njiraini
Sony Sugar Company has launched a restructuring programme to guarantee its survival, once the local sugar market is opened up to foreign competition in four years time.
The company, which is indebted to the tune of Sh2.5 billion, yesterday announced the Sh6 billion programme, in anticipation of the expiry of the Common Market of [...]

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