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India
Ericsson to help in India's digital transformation: Stefan Lofven
Lofven further applauded the Indian government's "bold initiatives" to improve business environment through Make in India
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India Finlandia
Chempolis and Fortum eye renewable energy space
Apart from Sharper Shape, Finland's Chempolis and Fortum, too, have big plans to invest in India.Chempolis, which has developed technologies for energy from waste and for ethanol, has signed a 50:50 joint venture with Numaligarh refinery in Odisha ...
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Giappone
Nikkei surges to 16,022, briefly gaining 1,200 points
Stocks staged a powerful rebound in Tokyo on Monday, buoyed by buybacks of oversold large-capitalization issues, with the Nikkei average briefly surging over 1,200 points but ending above 16,000. The Nikkei rocketed 1,069.97 points, or 7.16 percent, to end at 16,022.58. It was the biggest single-day point gain since Sept. ...
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Giappone
Japan’s banks unprepared for negative rates ahead of Tuesday’s launch
The Bank of Japan will start charging interest on some deposits it holds starting Tuesday, but most of the nation’s banks may not be ready to set negative interest rates on overnight interbank lending after Gov. Haruhiko Kuroda’s surprise Jan. 29 announcement. The uncollateralized overnight call market — ground zero ...
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Giappone
Toyota plants start again after six-day parts shortage
Toyota said Monday that operations have resumed at its vehicle assembly and parts plants in Japan, ending its longest domestic production outage since the March 2011 earthquake and tsunami. The world’s top automaker earlier said it would temporarily stop all domestic vehicle production from Feb. 8 to 13. It cited ...
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Giappone
Toyo Tire profit shaken down over building quake pads scandal
Toyo Tire & Rubber Co. group net profit plummeted 94.6 percent to ¥1.67 billion for 2015 after a massive special loss from its data falsification scandal clobbered profits, the company said Monday. Consolidated operating profit meanwhile grew 33.4 percent to ¥63.38 billion on sales of ¥407.79 billion, up 3.6 percent. ...
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Giappone
Strong yen is a brake on Japanese carmakers’ profits
Japanese automakers may have run out of the fuel that has driven profits higher for the past four years: the weaker yen. Toyota Motor Corp. and Japan’s six other automakers may combine to earn ¥4.55 trillion in the fiscal year through March 2017, according to analysts’ estimates compiled by Bloomberg. ...
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Giappone
Toshiba, Fujitsu, Vaio close PC integration agreement, will keep brands intact
Toshiba Corp. and Fujitsu Ltd. have entered final talks on integrating their personal computer operations, with Vaio Corp., spun off from Sony Corp., also planning to join. The three firms are considering setting up a joint holding company with subsidiaries that operate their respective PC businesses. For the time being, ...
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Giappone
Final quarter of ’15 saw Japan’s economy shrink again, by annualized 1.4%
Japan's economy contracts in the final three months of 2015 as the nation struggles to break free of a cycle of expansion and contraction despite more than three years of Abenomics. The post Final quarter of ’15 saw Japan’s economy shrink again, by annualized 1.4% appeared first on The Japan Times.
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Giappone
Japan's economy contracts in latest setback for Abe policies
Japan's economy contracted at a worse than expected 1.4 percent annual pace last quarter as Prime Minister Shinzo Abe's lavish stimulus policies failed to counter anemic consumer demand and sluggish exports.