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Fashion

IN BRIEF (Page 17)

[2008-02-21 07:29]

Business International

[2008-02-20 07:32]

Pinault defies luxury goods industry slowdown

[2008-02-20 07:27]

Investors applauded along with fashion editors yesterday when PPR SA's Bottega Veneta luxury label sent its fall collection down a Milan runway.

Toshiba waves the white flag in DVD war

[2008-02-20 07:27]

Toshiba said yesterday it will no longer develop, make or market HD DVD players and recorders, handing a victory to rival Blu-ray disc technology in the format battle for next-generation video.

Wal-Mart profit beats estimates

[2008-02-20 07:27]

Wal-Mart Stores Inc, the world's largest retailer, said fourth-quarter profit rose more than analysts estimated after it stepped up holiday discounts and added more brands of computers and flat-screen televisions.

Deutsche Post gets new boss

[2008-02-20 07:27]

Deutsche Post logistics and international mail head Frank Appel took over as chief executive and pledged to focus on its loss-making US business and retail bank Deutsche Postbank.

Shoprite earnings rise on job growth

[2008-02-20 07:27]

Shoprite Holdings Ltd, South Africa's largest food retailer by market value, said first-half profit rose 48 percent as employment increased and after a strike reduced year-earlier sales.

IN BRIEF (Page 17)

[2008-02-20 07:27]

Business International

[2008-02-19 07:38]

UK govt to nationalize struggling lender

[2008-02-19 07:35]

UK Prime Minister Gordon Brown faced a political and public backlash yesterday after his decision to take ailing bank Northern Rock Plc into public ownership, the first UK nationalization since the 1970s.

FT: SocGen investigated dodgy trades since Sept

[2008-02-19 07:35]

French bank Societe Generale, at the center of a huge trading scandal, began investigating trades executed by Jerome Kerviel months before his activities were exposed in January, the Financial Times reported.

Ackermann says further German writedowns likely

[2008-02-19 07:35]

German banks may face further writedowns given the difficult market situation, Deutsche Bank Chief Executive Josef Ackermann told Germany's Bild newspaper in an interview published yesterday.

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