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Cina
China official says no plans to devalue yuan
China has no intention to devalue its currency, the country's vice president Li Yuanchao has said, following a sudden drop in the value of the yuan that spooked global markets this month.
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India
Rupee gains strength, up 24 paise against dollar at 67.78
The rupee firmed up by 24 paise to trade at 67.78 against the US dollar in early trade at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks.
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Giappone
Renault-Nissan didn’t cheat on car emissions tech, Ghosn says on Davos sidelines
Renault-Nissan’s CEO says the automaker did not cheat on its emissions technology in its cars, 15,000 of which it is recalling in Europe because they spew out excessive levels of harmful gases. Shares in the company plunged this month after French authorities revealed they had raided the company’s premises in ...
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Cina Giappone
Retailers wage duty-free war for tourist cash
Retailers are fighting tooth and nail to lure foreign visitors, mainly from China, as Japan set third consecutive record high for tourism in 2015. In Tokyo’s posh Ginza district, two giant, separately owned duty-free shops are slated to open by the end of March inside the Mitsukoshi department store run ...
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Giappone
State fund looks to have Hitachi join struggling Toshiba, Sharp in white goods alliance
A government-backed fund is considering asking Hitachi Ltd. to join the envisaged alliance of white goods businesses currently possessed by scandal-hit Toshiba Corp. and struggling Sharp Corp., sources said Thursday. The participation of Japanese industrial conglomerate Hitachi would create a major player in the white goods business with combined sales ...
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Giappone
Shochiku looks to boost kabuki showings to woo overseas tourists ahead of ’20 Games
Japanese entertainment firm Shochiku Co. is considering a reform of its kabuki theater operations to attract more foreign visitors, in the lead-up to the 2020 Tokyo Olympic and Paralympic Games, officials said Thursday. At Shochiku’s Kabukiza Theater in central Tokyo, dramas of the Japanese traditional performing art are usually performed ...
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Giappone
New inn with ¥70,000-¥700,000 rooms to open in July at Akasaka Prince site
Seibu Holdings Inc. said Thursday it will open a new luxury hotel, The Prince Gallery Tokyo Kioicho, on July 27 on the site of the Grand Prince Hotel Akasaka, a closed central Tokyo hotel formerly known as the Akasaka Prince Hotel. In collaboration with major U.S. hotel chain Starwood Hotels ...
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Giappone
Takata may tap Japanese automakers for support amid massive, costly air bag recalls
Auto parts supplier Takata Corp. will consider seeking support from Japanese automakers such as Toyota Motor Corp. and Honda Motor Co. to brace for the massive costs of global recalls and compensation over its potentially faulty air bag inflators, sources said Thursday. If Takata asks for help, Japanese automakers will ...
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El Salvador
Diego de Sola, inspirado para dejar huellas positivas
El CEO de Inversiones Bolívar es el Empresario del Año de El Salvador. Diego de Sola basa su estilo gerencial en potenciar el desarrollo de su equipo de trabajo y generar bienestar en el amplio sentido.
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Argentina
Coca-Cola promete a Macri en Davos inversión de $1,000 millones en Argentina
El presidente argentino, Mauricio Macri mantuvo hoy, en el marco del Foro Económico Mundial de Davos (Suiza), reuniones con directivos de multinacionales como Shell, Facebook o Mitsubishi y con el presidente de Coca-Cola, quien prometió una inversión de 1,000 millones de dólares.