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Yahoo! ordered to pay $2.7 bn by Mexican court

Yahoo! said Friday it was ordered to pay $2.7 billion by a Mexican court in a lawsuit stemming from allegations of breach of contract and lost profits related to a yellow pages listing service.

dateNov 30, 2012 in Business
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Japan's NEC revises up profit forecast

Japanese information technology firm NEC said Friday it has revised its half year forecast from a loss to a healthy net profit, with reports saying demand for iPhones was helping the company.

dateOct 19, 2012 in Business
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