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Other Sport

Most teams committed to F1 beyond 2012 - Ecclestone

SEPANG, Malaysia (Reuters) - Bernie Ecclestone said a majority of the teams currently competing in Formula One, including Ferrari, McLaren and Red Bull, have committed to continue racing in the sport after the current Concorde agreement expires at the end of this year.

Other Sport

Most teams committed to F1 beyond 2012 - Ecclestone

SEPANG, Malaysia (Reuters) - Bernie Ecclestone said a majority of the teams currently competing in Formula One, including Ferrari, McLaren and Red Bull, have committed to continue racing in the sport after the current Concorde agreement expires at the end of this year.

Community

Motor hunt fun

PUBLIKA Shopping Gallery held a motor hunt in the Klang Valley recently.

Business

Mexico threatens Argentina with WTO on car deal

MEXICO CITY: Mexico will oppose Argentina if it tries to scrap a bilateral motor accord and even take the issue to the World Trade Organisation if the dispute escalates, according to Mexico’s Economy Minister.

Business

New guidelines ensure borrowers do not abuse credit

KUALA LUMPUR: The responsible financing practices, which came into effect on Jan 1 and have caused some disquiet among housing developers and car distributors, were tenaciously upheld by the central bank as it came under criticism for using a one-size-fits-all approach in tackling rising household debt.

Letters

Seniors no longer able to go with the flow

From BABY BOOMER, Kuala Lumpur

Business

Slower household debt growth

ALTHOUGH the growth of household debt to gross domestic product (GDP) increased last year, the pace was slower with outstanding household debts expanding by 12.5% to 76.6% for the year compared with 2010 when debt grew 13.7% to 75.8%.

World

Road to radicalisation from Toulouse to Kandahar

TOULOUSE, France (Reuters) - For Mohamed Merah, the Frenchman suspected of killing four Jews and three Muslim soldiers in south-western France, the road to radicalisation ran from Toulouse to Kandahar in Afghanistan.

Business

F1 warming up for Singapore IPO

LONDON: Formula One chief Bernie Ecclestone said yesterday he had recommended Singapore as the best place to float the motor racing business, seeking to tap Asian enthusiasm for international sporting brands.

Business

The energy deficit is harder to address now

I HAVE been surprised by the recent coverage in the American press of gasoline prices and politics. Political pundits agree that presidential approval ratings are highly correlated with gas prices: when prices go up, a president’s poll ratings go down. But, in view of America’s long history of neglect of energy security and resilience, the notion that Barack Obama’s administration is responsible for rising gas prices makes little sense.