Sony Ericsson sees continued weak sales for first quarter 2009

Sony Ericsson

Sony Ericsson Mobile Communications AB (“Sony Ericsson”) announced today that its net sales and net income before taxes in the first quarter of 2009 continue to be negatively affected by weak consumer demand as well as de-stocking in the retail and distribution channels.

03/20/2009 — Filed under: Markets
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Online travel agencies duke it out for bookings

Online travel agencies

Online travel agencies, eager to spur spring bookings in the recession, are locked in a price battle that has some of them cutting fees and reimbursing customers if the price of their trip falls after they book.

03/20/2009 — Filed under: Internet
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