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Cina
China Extends Sales Suspension Period for Lotte Mart
The store closure period for some of Lotte Mart's outlets in China is likely to be extended for more than two months. About 90 percent of Lotte Mart's stores in China suffered sales suspension due to China's retaliatory measures following Korea's decision to deploy the Terminal High Altitude Area Defense ...
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USA Nigeria
CBN moves to boost naira, injects more dollars
Oyetunji Abioye Barely three days after the naira weakened against the United States dollar, the Central Bank of Nigeria is set to boost the local unit with the injection of more dollars into the foreign exchange market this week. The CBN, it was learnt, was planning to increase dollar supply ...
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Nigeria
Nigeria’s debt burden to hit N19.3tn by December
Analysts have cautioned the government against plunging the nation into another debt trap, even as there are plans to raise funds from external sources to finance critical infrastructure, IFEANYI ONUBA writes If the federal and state governments continue to rely heavily on debt instruments for the financing of the country’s ...
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Nigeria
CAN demands apology from DSS for detaining Lemo, others
Friday Olokor, Abuja The Christian Association of Nigeria has demanded that the Department of State Services should tender a written apology to four members of its Board of Trustees. The Director of Legal and Public Affairs, CAN, Kwamkur Samuel, in a protest letter to the DG of DSS, obtained on ...
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Nigeria
CBN warns bank CEOs over forex
Bank chiefs caught frustrating efforts by the Central Bank of Nigeria (CBN) at getting more dollars to end-users risk severe punishment, the apex bank warned yesterday. The warning came on the backdrop of reports that lenders are setting difficult hurdles for foreign exchange (forex) end-users wanting to make purchases for ...
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Nigeria
Soft poison?
•The Fanta and Sprite controversies are a hint of how regulators fail when companies are negligent If Nigerian businessman, Mr. Fijabi Adebo’s, attempt to export soft drinks manufactured and sold to him by the Nigeria Bottling Company (NBC), to the United Kingdom in 2007 had not hit a brick wall ...
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Cina Giappone Hong Kong
Warhol Mao portrait falls short, fetches $12.7 million in Hong Kong auction
A classic Andy Warhol portrait of former Chinese leader Mao Zedong fetched $12.7 million at auction in Hong Kong on Sunday, Sotheby’s said — well short of the top estimate of more than $15 million. The sale of the 1973 screen print by the legendary U.S. pop artist attracted plenty ...
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Giappone
Firm shuts down platforms after workers find another oil leak in Alaska’s Cook Inlet
An oil leak was discovered in Alaska’s Cook Inlet on Saturday, causing a major oil and gas producer to shut down two of its platforms there, officials say. Hilcorp Alaska LLC workers felt an impact on the company’s Anna Platform shortly before noon Saturday, then noticed an oil sheen and ...
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Giappone
Mexican paper tells readers ‘Adios!’ after journalist slayings, state cash for ads falls short
A newspaper in the Mexican border city of Juarez announced Sunday that it is shutting down because the rampant, unpunished killings of journalists in the country have made it too dangerous to go on. Norte executive Oscar Cantu Murguia informed readers of his decision in a farewell letter titled “Adios!” ...
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Portogallo
Madeira “só combaterá os constrangimentos através da atratividade fiscal diferenciada, que funcione como verdadeiro catalisador do investimento”
O Secretário Regional madeirense das Finanças afirmou no Funchal que “só lograremos combater os nossos constrangimentos através da criação de uma atratividade fiscal diferenciada, que funcione como verdadeiro catalisador do investimento”.