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Diageo, United Spirits Confirm Talks On Stake Sale

UK-based Diageo Plc confirmed Tuesday that it was in talks to buy a stake in India’s United Spirits. In a joint London Stock Exchange filing, both the companies confirmed that the talks were on but added that there was no certainty about the deal.
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Electronic Arts Shutters PopCap Games' Dublin Studio, Lays Off 96 Workers

Little more than a month after reports surfaced of a potential shutdown of its international studios, Electronic Arts Inc. (Nasdaq: EA) has confirmed that it is closing down operations of its PopCap Dublin studio. The news comes less than a week after EA announced it will create 300 jobs though an expansion in its customer service center in Galway, Ireland.
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iOS 6's Passbook Embraced By StubHub, Ticketmaster, Starbucks: Will Apple’s New App Surpass NFC As The Standard For Mobile Payments?

Shortly after Apple's launch of iOS 6 on Wednesday, developers are already flocking to the new operating system's organized mobile payments storage application, Passbook. With major online ticket retailers and services like StubHub, Ticketmaster, and Fandango all jumping on the Passbook bandwagon, Apple may have gained an early lead in the mobile payment marketplace even as new enterprising operations like Square and eBay try their hands at integrating credit card transactions with smartphones and mobile devices.
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Nike Plans $8B Share Buyback

Nike Inc (NKE.N) is beefing up its capacity to use its cash to purchase its own shares, with the board of the world's largest sportswear maker approving an $8 billion buyback program.
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Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

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