Toni Collette loses house stoush

Australian actress Toni Collette and her musician husband have lost a high-profile legal stoush over the failed purchase of a Sdyney house, and have to pay more than A$800,000 (NZ$957,000) in damages. In the NSW Supreme Court on Friday, Acting Justice William Windeyer found in favour of Industrie clothing label founder, Susan Kelly, and ordered Collette and her husband, David Galafassi, pay A$814,907 (NZ$975,000), plus legal costs

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The Suicide Seeds

For farmers hoping for a healthy harvest, the best place to turn for help these days is the Monsanto Corp. One of the world’s leading biotechnology companies–and lately a pioneer in genetically engineered seeds–Monsanto has been incorporating flashy traits like herbicide and pest resistance into everything from canola to corn.

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Hong Kong apartment sets new record price

A Hong Kong property developer has sold a duplex apartment for a world record price, less than three months after the territory technically emerged from recession. Henderson Land, controlled by tycoon Lee Shau-kee, said it had sold the property on Hong Kong island for HK$71,280 (US$9,200) per square foot, or HK$439 million, to a buyer from mainland China

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Al Faraj completes Portsmouth takeover

Saudi Arabian businessman Ali Al Faraj has sealed his takeover of English Premier League side Portsmouth, becoming the second new owner of the side in six weeks. Sulaiman Al Fahim, who bought the football club just six weeks ago, has sold 90 percent of his stake to Ali Al Faraj’s holding company Falcondrone Limited according to the club’s Web site

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Police look for man whose wife, 5 children found killed

Florida authorities were searching Sunday for a 33-year-old man after his wife and five children were found dead in their Naples, Florida, home. “I can tell you that in no uncertain terms this is the most horrific and violent event this community has ever experienced,” Collier County Sheriff Kevin Rambosk said at a news conference Sunday.

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