AAP General News (Australia)
12-02-1998
NSW: Main stories in todays Sydney newspapers
SYDNEY, Dec 2 AAP - The main stories in todays Sydney newspapers are:
THE DAILY TELEGRAPH:
Page 1 - The NRMA plans a $7 billion demutualisation and float of its insurance business.
Page 2 - Australias foreign debt hits a record high.
Page 3 - Police secretly filmed almost 200 people buying heroin from a Cabramatta noodle
bar in 11 hours trading, a court is told.
WORLD - Universal Pictures chief executive Casey Silver resigns.
FINANCE - Wall street plunges 217 points; Telstra plans to slash the cost of making an
international call; Bill Gates Microsoft slumps $25 billion but remains larger than the
Australian economy; News Corp renews an alliance with EchoStar Communications Corporation to
sell its satellite assets.
SPORT - The National Rugby League competition will shrink from 20 teams this year to at
most 18 in 1999 with yesterdays demise of the Adelaide Rams.
MORE rat/jel
KEYWORD: FRONTERS NSW
1998 AAP Information Services Pty Limited (AAP) or its Licensors.
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