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India
Flipkart and Amazon may have explored sale talks, say sources
Flipkart reportedly considered selling itself to Amazon, upending the notion that India’s largest online retailer would go full distance as an independent Internet giant.
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India
Sensex down 70 points in early trade on falling export
Market benchmark BSE Sensex stretched its losses for the second day on Wednesday, shedding over 70 points in early trade on sustained selling by investors amid dip in exports. The NSE Nifty fell by 13.55 points, or 0.18 per cent, to 7,447.05.
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Giappone
Japan eyes 40,000 fuel-cell cars, 160 hydrogen stations by 2020
Japan is aiming to have 40,000 hydrogen-powered cars on its roads by 2020, with plans for a 20-fold expansion to 800,000 by 2030, according to a report released by the Ministry of Economy, Trade and Industry on Wednesday outlining the future use of hydrogen and fuel cells. While Prime Minister ...
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Giappone
Japan Post appoints Nagato as president, replacing Nishimuro
Japan Post Holdings Co. named Masatsugu Nagato as president of the recently listed mail and financial services giant, replacing Taizo Nishimuro following his hospitalization last month. Nagato, 67, will take the post on April 1, the Tokyo-based company said Wednesday. He joined the group as president of its banking unit ...
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Giappone
Fuji Media group to set up new game company in April
Fuji Media Holdings Inc. and Fuji Television Network Inc. said they will establish a new company on April 1 by spinning off the broadcaster’s game business unit. The move is a bid to take the upper hand in the game market, which is expected to expand further. It is rare ...
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Giappone
Dollar firmer around ¥113.50 in Tokyo on Stiglitz, Kuroda
The dollar was firmer around ¥113.50 in Tokyo trading on Wednesday, getting a lift from remarks by Nobel Prize-winning economist Joseph Stiglitz and Bank of Japan Gov. Haruhiko Kuroda. At 5 p.m., the dollar stood at ¥113.66-67, up from ¥113.05-05 at the same time Tuesday. The euro was at $1.1085-1086, ...
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Giappone
Starbucks to offer alcohol at Marunouchi outlet
Starbucks Coffee Japan Ltd. said Wednesday that it will sell alcoholic beverages, including wine and beer, at an outlet in the Marunouchi business district in Tokyo’s Chiyoda Ward from March 30. Through the service, dubbed Starbucks Evenings, the company hopes to attract more after-work-hours customers. The company has already begun ...
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Giappone
Takashimaya to open airport-style duty-free shop in Shinjuku
Major Japanese department store operator Takashimaya Co. plans to open an airport-style duty-free shop in Tokyo in a bid to capture the growing tourism market, informed sources said Wednesday. Takashimaya will establish a company to operate the shop jointly with All Nippon Airways Trading Co., a unit of ANA Holdings ...
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Giappone
Abenomics seen stalling with Toyota pushback against raise
To understand what Prime Minister Shinzo Abe is up against in trying to spring Japan from the deflationary trap stunting its economy, consider the pushback by its most prominent industrialist Akio Toyoda at the wage negotiating table this month. Toyota Motor Corp. had told its union last week that it ...
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Giappone
PlayStation virtual reality gear to launch in October
Sony plans to make virtual reality — long the stuff of films set in the distant future — mainstream with the October release of PlayStation VR headgear priced at $399 (about ¥45,000). “Virtual reality represents a new frontier for gaming, one that will forever change the way users interact with ...