Microsoft cutting price of high-end Xbox 360

(AP) -- Microsoft Corp. is slashing the price of the high-end Xbox 360 console by $100, matching Sony's $100 price cut for the PlayStation 3 last week.

Nintendo cutting Wii price by $50 to $200 (Update)

(AP) -- Nintendo on Sunday will cut the price of its popular Wii console by $50, in a bid to broaden its appeal among potential new customers as it prepares to release the Wii Fit-Plus and New Super Mario Bros. games.

EU reaches deal on major carbon market reform

EU member states and parliamentarians on Sunday announced an agreement for a major reform to the bloc's carbon market, the central plank of its ambitions to reduce emissions and invest in climate-friendly technologies.

Amazon cuts Fire phone price to ignite sales

Amazon on Wednesday slashed the price of Fire mobile phones that stalled after launch early this year, becoming a drag on the US online retail titan's bottom line.

EU cuts use of food-based biofuels

The European Commission said Wednesday that it was cutting targets for the use of biofuels so as to reduce the negative impact on food production and prices.

IBM stock falls on signs of slowdown in demand

(AP)—IBM's stock fell more than 5 percent Wednesday, after the company reported disappointing third-quarter revenue and suggested that demand in key markets may be slowing.

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