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India
Amazon's net loss from India business widens to Rs 1,724 crore
Amazon India’s portal was the most-visited site in the country and also had the fastest-growing shopping app among all ecommerce companies in 2015.
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Cina
Business, recruitment in China hit record low
China's staffing index fell to 50.3 in January from 50.8 in December, hitting its lowest, as businesses have become more hesitant to recruit, reveals a survey. It adds to signs of weakness in the world's second-largest economy that could prod policymakers to roll out more support measures.
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India
Vaidyan becomes first woman head of GIC Re
Alice G Vaidyan has been appointed as the CMD of General Insurance Corporation of India (GIC Re), becoming the first woman to head the reinsurer.
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India Francia
France will partner India to build three 'smart' cities
On January 26, Modi is set to announce the official list of 20 smart cities to be developed in the first phase
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Giappone
Yamato to team with Line Corp. for new delivery service
Yamato Transport Co. is planning a new delivery service this year in which people can send a parcel to someone without knowing their address. Under the new service, to be run in cooperation with messaging application provider Line Corp., Yamato would act as a third-party buffer between sender and receiver, ...
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Giappone
Nikkei ends above 17,000 on monetary easing hopes
Stocks gained ground on the Tokyo Stock Exchange on Monday, supported by hopes for additional monetary easing in Europe and Japan, with the benchmark Nikkei average closing above 17,000. The 225-issue Nikkei climbed 152.38 points, or 0.90 percent, to end at 17,110.91, its first finish above 17,000 since Tuesday. On ...
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Giappone
Keidanren chief pushes for serious talks on wage hikes
The head of the influential Keidanren business lobby on Monday called on management and labor unions to hold “thorough negotiations” on wage hikes to help Japan declare an exit from years of deflation, as the annual talks shift into top gear. Sadayuki Sakakibara, chairman of Keidanren, also known as the ...
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Giappone
Japan’s 2015 trade deficit narrows as oil prices tumble
Japan logged a trade deficit in 2015 for the fifth straight year, but its value shrank 77.9 percent from 2014 to ¥2.83 trillion ($23.9 billion), due mainly to a sharp drop in imports amid lower crude oil prices, the government said Monday. The value of exports rose 3.5 percent to ...
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Giappone
BOJ-fueled Tokyo property boom pricing average earners out of housing market
Rich buyers taking advantage of record low borrowing costs have pushed prices in Tokyo beyond the reach of many ordinary buyers, taking the wind out of property sales. While the average sales price of an apartment in greater Tokyo rose 9.1 percent to a 24-year high of ¥55.2 million ($467,000) ...
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Giappone
Skymark looks to delay code-sharing deal with ANA as business picks up
Struggling Skymark Airlines Inc. will likely delay a code-sharing deal with All Nippon Airways Co. as a result of the carrier’s improved performance, sources have said. ANA had asked Skymark to employ ANA’s flight reservation system as a condition for launching the code-sharing operation, originally scheduled for late October, but ...