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Deals of the Hour / July 4, 2010, 7:11 pm

Panthers sign Higgins to one-year deal

SUNRISE, Fla. - Chris Higgins didn't need much convincing before joining the Florida Panthers. The Panthers signed Higgins to a US$1.6-million, one-year contract Friday, with plans to make him the second-line left-winger behind David Booth on the depth chart. "Booth and Higgins on the left side ... (Source: TSN 2010-07-03T08:37:41Z)

Clerks at ports of Los Angeles, Long Beach to resume talks as contract expiration nears

LOS ANGELES (AP) — Clerical workers planned to resume negotiations Wednesday with shipping companies at the nation's busiest port complex in an attempt to reach a deal hours before their contract expires and avoid a ... (Source: FOX2now.com 2010-06-30T22:17:17Z)

David Lee To Timberwolves?

David Lee met with the Minnesota Timberwolves for nine hours on Saturday. He was seen at the Twins-Rays game at Target Field with Kurt Rambis and David Kahn. Minnesota can't sign Lee if they don't trade Al Jefferson. I guess they made it clear to Lee that Jefferson will be traded. They are saying a ... (Source: Bleacherreport.com 2010-07-05T01:25:49Z)

Cristiano Ronaldo becomes a father

LISBON (Reuters) - Portugal captain Cristiano Ronaldo announced Sunday he has fathered a baby boy with a woman who has chosen to remain anonymous and with whom he has agreed to keep exclusive guardianship of the child. "It is with great joy and emotion that I inform I have recently become father to ... (Source: FOX News 2010-07-04T17:47:41Z)

Van Der Sloot Files Lawsuit Against Lawyer and Chief of the Police Homicide Squad

Van der Sloot's confession. The judge upheld the confession causing Altez to file a complaint against Peruvian officials in hopes of having his client's incarceration and confession declared invalid. Altez had previously announced that he would appeal the judge's decision to a higher court and even ... (Source: Associated Content 2010-07-04T03:35:51Z)

Cristiano Ronaldo becomes a father 

Portugal captain Cristiano Ronaldo announced today he has fathered a baby boy with a woman who has chosen to remain anonymous and with whom he has agreed to keep exclusive guardianship of the child. "It is with great joy and emotion that I inform I have recently become father to a baby boy," Ronaldo ... (Source: ONE News 2010-07-04T20:03:41Z)

Navy spokesman says 12 foreign sailors taken hostage by pirates have been safely released

Van der Sloot files suit against first lawyer, charging him with posing as public defender - Joran van der Sloot has sued the lawyer who represented him during a police interrogation on the day that authorities say the Dutchman confessed to killing a Peruvian woman, his current attorney said ... (Source: Minneapolis Star Tribune 2010-07-04T14:27:15Z)

North Korea keep check on Key

North Korean soldiers spied on Prime Minister John Key's every move as he toured the area between North and South Korea yesterday. Mr Key arrived in Seoul yesterday morning and was soon on his way to tour the demilitarised zone (DMZ) -- the 4km strip of land between the border of South and North ... (Source: National Business Review 2010-07-04T20:03:41Z)

Higgins leaves Flames for Panthers; Sabres ink McCormick to 1-year deal

SUNRISE, Fla. -- Chris Higgins didn't need much convincing before joining the Florida Panthers. The Panthers signed Higgins to a $1.6 million, one-year contract Friday, with plans to make him the second-line left wing behind David Booth on the depth chart. "Booth and Higgins on the left side, that's ... (Source: The Daily News Online 2010-07-03T05:31:34Z)

Anil Ambani's Reliance Power, Reliance Natural to Merge in Share-Swap Deal

Reliance Natural Resources Ltd. and Reliance Power Ltd. agreed to merge in a share-swap deal as billionaire Anil Ambani consolidates his businesses after losing a bid to keep buying cut-price fuel from his brother, Asia's richest man. The merger will be through the exchange of one Reliance Power ... (Source: Bloomberg 2010-07-04T19:27:54Z)

RNRL to merge with Reliance Power in Rs 50, 000-crore deal

The boards of Anil Ambani-controlled Reliance Power Ltd (RPL) and its affiliate firm Reliance Natural Resources Limited (RNRL) on Sunday approved a Rs 50,000 crore market value (about $11 billion) merger deal, marking ... (Source: Hindustan Times 2010-07-04T17:33:22Z)

Dubai World reshuffles business units

Dubai's media office said in a statement dated Saturday that Dubai World's Nakheel division will assume management responsibility for the conglomerate's Limitless unit. The company also named a new board at another ... (Source: Today's Zaman 2010-07-04T23:31:17Z)

Cornerback Bly returns to Detroit

DETROIT -- Former Pro Bowl cornerback Dre' Bly is returning to Detroit. The Lions said Friday that the unrestricted free agent has signed a two-year deal. Additional terms weren't released. Bly spent four seasons in Detroit after signing as an unrestricted free agent in 2003. He made the Pro Bowl ... (Source: ESPN.com 2010-07-02T18:04:22Z)

Is there really a Van der Sloot TV Deal?

Could it be true that a network has agreed to a Van der Sloot TV deal? Although there is no proof that anyone has yet signed a contract for exclusive rights to the accused killer's personal story it does appear that Joran van der Sloot is trying yet again to give another "true" version of the ... (Source: Overthelimit.info 2010-07-03T23:25:18Z)

NFL news and notes

The Dre Bly deal in Detroit made news this week because of the lack of depth at the cornerback position for Jim Schwartz's Lions. Adding veteran corners before camp is something we see all around the league. You need bodies during camp and you want to engineer competition at the position. Bly has ... (Source: National football post 2010-07-04T13:22:50Z)

CB Bly returns to Detroit with two-year deal

DETROIT -- Former Pro Bowl cornerback Dre' Bly is returning to Detroit. The Lions said Friday that the unrestricted free agent has signed a two-year deal. Additional terms weren't released. Bly spent four seasons in Detroit after signing as an unrestricted free agent in 2003. He made the Pro Bowl ... (Source: NFL 2010-07-04T14:55:53Z)

Roundup: Panthers sign Higgins to one-year deal

SUNRISE, Fla. (AP) -- Chris Higgins didn't need much convincing before joining the Florida Panthers . The Panthers signed Higgins to a one-year, $1.6 million contract Friday, with plans to make him the second-line left wing behind David Booth on the depth chart. "Booth and Higgins on the left side ... (Source: CNN Sports Illustrated 2010-07-03T04:55:46Z)

North Korea threatens fight with South

SEOUL (Reuters) - North Korea said on Tuesday it was cutting all ties with the South and threatened its wealthy neighbor with military action over alleged violations of its waters off the west coast. The comments marked a new high in tensions on the divided peninsula after the March sinking of a ... (Source: Reuters 2010-07-04T05:01:45Z)

Paper: Mideast Looking at Investing in BP

BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an Emirati newspaper, cited unnamed "informed sources" in the region saying that ... (Source: ABC News 2010-07-04T16:50:25Z)

Lee Has 'Great Visit' With Timberwolves

David Lee visited with the Timberwolves on Saturday and agent Mark Bartelstein came away very impressed with the presentation. Bartelstein said his client "had a great visit" and was "really impressed" by the pitch put on by team president David Kahn, coach Kurt Rambis and the rest of the ... (Source: RealGM 2010-07-04T12:32:43Z)

Negotiations continue between striking clerical workers union, ports

The union representing about 900 striking office and clerical workers at the ports of Los Angeles and Long Beach continued contract negotiations late Friday night with the group representing 14 shippers and terminal operators. Both sides agreed to meet just one day after the office workers began ... (Source: San Jose Mercury News 2010-07-03T02:39:46Z)

Reliance Power, RNRL merger ratio fixed at 1:4, deal in line with market rate of ...

MUMBAI: Billionaire Anil Ambani's Reliance Power (R-Power) will merge sister firm Reliance Natural Resources (RNRL) with itself by offering one share for every four RNRL shares in a deal that is seen as the younger ... (Source: Economic Times 2010-07-04T21:22:26Z)

Analysis: Democrats uneasy on US-SKorea deal

Supporters contend the deal would strengthen ties with an important U.S. ally at a moment of high tension on the Korean peninsula. The United States wants to bolster Seoul after a South Korean-led international investigation found that a North Korean torpedo sank a South Korean warship in March ... (Source: Charleston Daily Mail 2010-07-03T06:21:40Z)

Mideast buyers reported to be eyeing BP investment

BP may be looking to sovereign wealth funds in the oil-rich Middle East to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an ... (Source: AP - msnbc.com 2010-07-04T18:59:16Z)

Soccer star Cristiano Ronaldo is a dad

Portugal's Cristiano Ronaldo, warms up during a training session at the Athlone stadium in Cape Town, South Africa, Monday, June 28 2010. Portugal will play Spain Tuesday in a soccer World Cup round of 16 match. It's a boyyyyyyyyy! Soccer star Cristiano Ronaldo announced on Saturday that he is a ... (Source: CharlotteObserver.com 2010-07-04T19:27:54Z)

Nakheel to handle property unit Limitless

DUBAI: A committee overseeing state-owned conglomerate Dubai World, which is in a deal with core lenders to restructure $23.5 billion in debt, has handed responsibility of property unit Limitless to Nakheel, Dubai said ... (Source: Lebanon Daily Star 2010-07-04T20:53:48Z)

Negotiations between shippers, clerks at ports of LA, Long Beach uncertain

LOS ANGELES (AP) — Negotiations between 900 clerical workers and shipping companies at the nation's busiest port complex were uncertain Wednesday after both sides disagreed on where to meet to hash out a deal hours ... (Source: Cleveland News - Fox 8 2010-07-01T00:26:08Z)

Mideast investors eyeing possible deal with BP as oil giant seeks major funding, reports say

BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an Emirati newspaper, cited unnamed "informed sources" in the region saying that ... (Source: Newser 2010-07-04T16:14:37Z)

Agent: Wolves, Milicic agree to deal

The Minnesota Timberwolves have agreed with free agent Darko Milicic on a four-year deal Thursday. The contract is worth $20 million and the fourth year is only partially guaranteed. The Timberwolves declined comment on the deal, which cannot become official until July 8. "Minnesota, from the moment ... (Source: ESPN.com 2010-07-01T21:18:50Z)

Canadian Press NewsAlert:Vale reaches tentative deal with USW 6500 and 6200

TORONTO - Vale says it has reached a tentative agreement with the United Steelworkers to end a strike that has lasted nearly a year. The metals miner says the agreement is for a new five-year contract with USW Local 6500 and 6200 representing production and maintenance employees in Sudbury Ont., and ... (Source: Am770chqr.com 2010-07-04T21:29:35Z)

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