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In the papers - Monday, 25 February 2008

Osama bin Laden's half-brother is planning to build the world's second-longest bridge to connect Africa and Arabia...

...Tarek bin Laden has been wooing the governments of Djibouti and Yemen with its £35bn idea to bridge 18 miles of the Red Sea - The Daily Telegraph

The international Olympic Committee looks set to raise more than $1bn (£510m) from worldwide sponsorship in the four-year period culminating with the 2012 London Olympics. This would be the first time it has breached the $1bn barrier, confirming the Olympics' enduring appeal as a marketing vehicle for multinational companies - The Financial Times

Two government agencies at the heart of the nuclear industry are at war over safety concerns at some of the country's most sensitive sites. The Environment Agency believes insufficient funds have been made available by ministers for the clean-up of some sites and the Nuclear Decommissioning Authority (NDA) is accused of making things worse by deciding to concentrate on especially toxic waste at sites such as Sellafield in Cumbria - The Guardian

The London Metal Exchange is today launching a controversial new contract that could alter the way steel is traded around the world. The exchange, which is used as a reference price for a range of non-ferrous metals including copper and aluminium, is now offering futures contracts in steel billet - The Guardian

Weather delays at Heathrow could be cut by up to two thirds if the two runways were used more flexibly, British Airways claims. The airline has examined the effects of Heathrow's current method of runway operation - arrivals confined to one runway at a time - on flight delays in high winds - The Daily Telegraph

A disposable hotel is to be built in Shoreditch, East London, in the summer. The design of the M-hotel means that the prefabricated building can be moved or broken up into separate units after fulfilling its original purpose – The Times

A Buddhist monk was killed when he was run over by a lawnmower as he cut the grass at his temple, an inquest has been told – The Times

BAA, the airport owner, is struggling to sell a portfolio of warehouses and offices around Heathrow and Gatwick and is under pressure to cut the £1bn price tag by at least £100M – The Times

SeverStal, Russia's biggest steel maker, is to mount a £3.1bn investment programme in its home operations, including building several new plants and doubling output at one of its key factories this year – The Times

A leading university will today announce plans for a Centre for Nuclear Energy Technology to help plug severe skills gaps in Britain's nuclear sector - The Financial Times

The second-largest union federation in the US is pressuring state pension funds to invest part of their $2,000bn worth of assets into domestic infrastructure such as roads and airports in an effort to keep them away from private equity groups and sovereign wealth funds - The Financial Times

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