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Retail stocks fall on holiday shopping worries

NEW YORK, Dec. 1, 2008 (Reuters) — Key retail stocks fell on Monday as investors feared that deep discounts offered by U.S. stores during the year's first holiday shopping weekend could sap profits and would not save a bleak season. ...  > full story

Web retailers Amazon, eBay down on Cyber Monday

LOS ANGELES, Dec. 1, 2008 (Reuters) — Shares of eBay Inc , Amazon.com Inc and other online retailers fell on "Cyber Monday," as analysts worried that deep discounts from traditional retailers may have stolen the thunder from their online-only rivals, known for lower pricing. ...  > full story

Microsoft-Yahoo deal "total fiction:" report

LONDON, Nov. 30, 2008 (Reuters) — A report in the Sunday Times that Microsoft Inc is in talks with Yahoo Inc to buy the U.S. internet company's online search business for $20 billion is "total fiction," according to a key executive cited by an influential U.S. blog. ...  > full story

Apple offers limited Black Friday price cuts

SAN FRANCISCO, Nov. 28, 2008 (Reuters) — Apple Inc's much-anticipated Black Friday event offered consumers discounts on Mac computers, iPods and accessories at levels similar to years past, despite speculation about deeper price cuts. ...  > full story

Baidu vows overhaul after search scandal

BEIJING, Nov. 28, 2008 (Reuters) — China's Internet search leader Baidu said on Friday it will overhaul operations after state media said it allowed unlicensed medical services to buy high search rankings to win more customers. ...  > full story

Panasonic shares tumble to 5-year low on outlook cut

TOKYO, Nov. 28, 2008 (Reuters) — Shares of Panasonic Corp <6752.T> fell 11 percent on Friday to their lowest level in over five years after it became the latest Japanese electronics maker to slash its profit forecast due to the economic slump. ...  > full story

China's Baidu vows overhaul after search scandal

BEIJING, Nov. 28, 2008 (Reuters) — China's Internet search leader Baidu Inc said on Friday it will overhaul operations after state media said it allowed unlicensed medical services to buy high search rankings to win more customers. ...  > full story

Fujitsu Siemens to cut 700 jobs in Germany

FRANKFURT, Nov. 27, 2008 (Reuters) — Fujitsu Siemens Computers plans to slash around 700 jobs in Germany -- 12 percent of its workforce in the country -- due to continued competitive and economic challenges, it said on Thursday. ...  > full story

Nokia to cease sales in Japan

TOKYO, Nov. 27, 2008 (Reuters) — Nokia, the world's biggest mobile phone maker, said on Thursday it will stop selling mobile phones in Japan except for its luxury Vertu brand after struggling to expand its presence. ...  > full story

South Korea LG Elec says no plan to acquire GE unit

SEOUL, Nov. 27, 2008 (Reuters) — South Korean handset and electronics maker LG Electronics <066570.KS> said that it had no plan to acquire GE's home appliance unit, ending months of speculation it could be one of the main suitors for the business. ...  > full story
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