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Japan's NEC restates loss (The Globe and Mail)
TOKYO ? Japanese electronics maker NEC Corp. said Friday its group net loss for the fiscal first-half was about $20-million worse than it reported a month ago.

European Stocks May Drop, Led by BHP Billiton, Rio Tinto Group (Bloomberg.com)
Dec. 22 (Bloomberg) -- European stocks may drop following declines in U.S. equities yesterday after a report showed a slump in factory output. BHP Billiton and Rio Tinto Group might lead mining companies lower as copper prices fell to a six-month low.

Markets (Dec 21) (The Hindu)
OFFHAND In-house cleansing independent of reforms The talk of police reforms, especially the September 22 judgment of the Supreme Court, has masked the much more vital need for the police higher-ups to undertake in-house cleansing.

NEC Says 1H Loss Was More Than Reported (AP via Yahoo! Finance)
Japanese electronics maker NEC Corp. said Friday its group net loss for the fiscal first-half was about US$20 million more than it reported a month ago.

HOME PAGE (The Hindu)
HDFC Bank hikes prime rate to 13.5% HDFC Bank has hiked its benchmark prime lending rate by 1.5 percentage point cent to 13.5 per cent effective December 20, the bank said on its Web site. The bank last raised its PLR in June. It has also raised deposit rates by 50-75 basis ...

Double-Take Software: Solid Smallcap Software IPO (SeekingAlpha via Yahoo! Finance)
Bill Simpson submits: There are 9 deals this week to end the bloated December calendar. With all the aggressive pricings and opens, most of the December IPO crop has not been able to hold initial opens short term.

Airport to add booking engine to site (Fort Wayne News-Sentinel)
Fort Wayne International Airport expects to soon add to its new consumer-based Web site a booking engine that mimics the popular Expedia site.

Get more done: managing (Canadian Business)
Beat the clock! Quick tricks to get time on your side Write it down. Schedule your work and keep the appointment.

MPs question why schools can't buy in to open source software (PublicTechnology.net)
Nearly 1 in 5 backbencher MPs from all parties have questioned the exclusion of open source software from UK schools in their response to an early day motion (EDM) tabled by John Pugh MP. The motion addresses concern for government policy which stifles innovation and locks users into high cost software.

East end of street slow to develop (The Herald-Sun)
CHAPEL HILL -- West Rosemary Street continues to attract developers with visions of new homes and commercial space dancing in their heads, but where's the love for East Rosemary?