Obviously, the pricey hardware will mean even more losses to Sony at launch, but supposedly once they figure out emulation they'll pull the chips to lower their costs.

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Investors are selling these assets because of systematic risks in the equity markets, but if Brazil starts looking risky by itself, it could pull equities there even lower.

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In either case, the upfront cost to Internet providers would be much lower than if they had to pull the fiber themselves, and if the fiber were made available to more than one private company, the competition for service would force pricing for the service to be competitive.

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It will not be so easy for Mr Gallois to pull off the same trick, since it implies lower wages for the workers under new owners.

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Murray's win had raised hopes that Evans could pull off an impressive win against a player ranked nearly 400 places lower in the world than him.

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Earnings were a push and pull of higher expenses from royalty expenses and higher general administration costs on one hand, and lower subscriber acquisition costs on the other.

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The founding family's controlling shareholding, and a blocking stake held by the state of Lower Saxony, where VW is headquartered, allow it to resist short-term pressures to pull out of any market that turns difficult.

ECONOMIST: Volkswagen: VW conquers the world | The

That is because with the lower tax rates, incomes boomed along with the economy, and high income taxpayers had the incentives to pull their money out of tax shelters and invest it in the real economy, fueling the boom while increasing their reported incomes.

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