Japan\\\'s Sharp to shake up Europe business

TOKYO, July 4:  Sharp said Friday it was considering an overhaul of its sluggish European business after a major daily said the Japanese electronics giant would pull the plug on its home appliance unit on the continent. Shares in the struggling firm jumped 2.10 per cent in an initial response to a report in the Nikkei business daily before easing slightly to end 0.90 per cent higher at 336 yen.The reported move would see the vast company -- working to recover from years of huge losses -- cut about 300 staff, or 10 per cent of its European workforce, the Nikkei said.     — AFP