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Giappone
Surge in safe sales, ¥10,000 notes reflects sagging faith in economy
Demand for ¥10,000 bills is steadily rising even as the population falls and the use of credit cards and other forms of electronic payment increases. While more cash might sound like a good thing, some economists are concerned that it shows Japanese households are squirreling away money at home instead ...
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Giappone
Cutesy mascots lead charge to woo customers away from electricity giants
In the battle for a slice of the ¥8.1 trillion ($72 billion) retail electricity market, Japan’s biggest power companies are lining up against a cuddly bear, a fluffy white dog and a gorilla in business attire. As the government starts fully liberalizing the power market in April, new entrants are ...
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India Oman
Jet Airways to launch Delhi-Muscat flight from March
Expanding its presence in the Gulf market, private carrier Jet Airways on Sunday announced that it will launch a flight service to Muscat from here next month. The Mumbai-based airline currently operates three daily flights, one each from Mumbai, Kochi and Thiruvananthapuram, to the Oman capital.
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India Regno Unito
UK's exit from EU would be a "shock": G20
The global economy will suffer a "shock" if Britain leaves the EU, finance ministers and central bankers from the world's biggest economies, including India, have warned, boosting Prime Minister David Cameron's strong stand against leaving the bloc.
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India
Vinod Rai becomes first chairman of Banks Board Bureau
Former CAG Vinod Rai was on Sunday appointed first chairman of the Banks Board Bureau, which will advise the government on top-level appointments at public sector lenders and ways to address the bad loans problem among other issues.
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India
First Brics bank loan to India likely for solar project: Kamath
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India
Frist Brics bank loan to India likely for solar project: Kamath
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India
Mallya out but 2 lakh investors still stuck
In an irony of sorts, over two lakh investors are estimated to be stuck with shares of long-grounded Kingfisher Airlines even as its lenders are now eyeing the Rs 515-crore bounty sealed by main promoter Vijay Mallya as part of a 'sweetheart deal' to exit United Spirits.
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Giappone
Abe vows to correct wage differences between regular, nonregular employees
Prime Minister Shinzo Abe on Sunday stressed his resolve to correct the wage gaps between regular and nonregular employees. “The first pillar of the envisioned labor reforms is improving work conditions for nonregular employees, who account for 40 percent of all employees in Japan,” Abe said in Tokyo at the ...
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Australia
BHP coalmine on the brink
Australia’s biggest coal export mine is struggling to turn a profit after recent price slides.