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SAP defies worsening economy

Friday, 21 November 2008
 
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NEW YORK, Nov 21 (Reuters) - SAP AG's (SAPG.DE) business has been stable since late October when the software giant cut its outlook, a top executive said on Friday, defying signs of a worsening global economy. "It hasn't gotten any worse," SAP co-Chief Executive Leo Apotheker said during a panel discussion in New York. Later he added in an interview: "There's business out there. We continue to move ahead."