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European retail sales slip most since 1995 by Lans
May 9, 2008, 9:01 am
Filed under: International News, Retail

European retail sales declined 1.6 percent from a year earlier in March, the most since at least 1995 and twice as much as economists forecast, as soaring fuel and food costs sapped consumer spending.

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Abil stops upfront accounting at Ellerine by Lans
May 9, 2008, 8:57 am
Filed under: Local News

African Bank Investments Limited (Abil) said yesterday that it had stopped the controversial practice of “upfront” accounting at its Ellerine acquisition, putting further pressure on furniture rivals the JD Group and Lewis to follow suit.

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