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Giappone
Yahoo selling internet assets for $4.8 billion to Verizon
Yahoo agreed to sell its core assets to telecom giant Verizon for $4.8 billion, ending a 20-year run by the internet pioneer as an independent company, the firms announced Monday. Verizon chief executive Lowell McAdam said Yahoo would be integrated into its recently acquired AOL unit to create “a top ...
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Giappone
Nintendo slumps by most since 1990 on dashed ‘Pokemon Go’ hopes
Nintendo Co. shares plunged by the most since 1990 after the company said late Friday that the financial impact from the worldwide hit “Pokemon Go” will be limited. The stock sank 18 percent to ¥23,220 at the close in Tokyo, the maximum one-day move allowed by the exchange, wiping out ...
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Giappone
Dollar cuts gains to trade around ¥106.30
The dollar gave up early gains to move around ¥106.30 in Tokyo trading late Monday, dragged down by a drop in Tokyo stock prices. At 5 p.m., the dollar stood at ¥106.27-28, up from ¥106.10-10 at the same time Friday. The euro was at $1.0965-0966, down from $1.1025-1025, and at ...
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Giappone
Tokyo Stocks lose further ground
Stocks erased early gains and closed lower on the Tokyo Stock Exchange Monday, affected by continued profit-taking and selling on a recent rally and a halt to the yen’s easing in the afternoon. The 225-issue Nikkei average lost 6.96 points, or 0.04 percent, to end at 16,620.29. On Friday, the ...
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Giappone
Government keeps assessment of economy but cuts view on business sentiment
The government retained on Monday its assessment that Japan’s economy is recovering moderately but adopted a weaker view on corporate sentiment due to a firming yen and Britain’s vote to leave the European Union. The Cabinet Office said in its report for the fifth straight month that the economy is ...
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Giappone
World Bank head Kim sees disappointing growth after Brexit
World Bank President Jim Yong Kim said continued uncertainty following the U.K.’s vote to leave the European Union could hurt global growth. “We actually thought the U.S. was solid, the eurozone seemed to be getting better, even Japan seemed to be doing a little bit better,” Kim said Sunday on ...
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Abu Dhabi firms warned against charging illegal credit card fees
Steep fines of up to AED100,000 will be imposed on anyone breaking the law, say officials
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Australia Etiopia
Foreign Minister Meets Australian MPs
[Ethiopian Herald] Australia recognizes Ethiopia's role in regional peace and security matters as well as assistance for refugees.
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Etiopia
Japanese Office, Commission Sign MOU
[Ethiopian Herald] Since the highly expanding business opportunities in Ethiopia would be potential trade and investment areas available for the Japanese investors, JETRO would play significant role in encouraging the investors to come to Ethiopia.
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Nigeria
Nigeria: Attracting Foreign Investors to the Forex Market
[Vanguard] Feelers from last week's foreign investment road-show by Central Bank of Nigeria (CBN) indicated that Nigeria's finances and the economy as a whole may be headed to its worst external sector positions.