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Giappone
Mercari mulls additional funding after clinching U.S. foothold
Japan’s first startup unicorn is considering a new fundraising round to maintain momentum after a spike in U.S. downloads for e-commerce company Mercari Inc. The company’s free mobile app, which matches individual buyers and sellers, jumped to No. 3 in the U.S. download rankings last week, according to researcher App ...
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Giappone
Bitcoin sinks after hackers steal $65 million from exchange
Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million (¥6.6 billion) of the digital currency. Bitcoin slumped 5.3 percent against the dollar as of 10:17 a.m. on Wednesday in Tokyo, bringing its two-day drop to 13 percent. Prices also sank 6.2 percent on ...
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Giappone
Tokyo stocks tumble on firmer yen
Stocks lost further ground on the Tokyo Stock Exchange Wednesday, pressured by heavy selling due chiefly to the yen’s appreciation against the dollar. The 225-issue Nikkei average dived 308.34 points, or 1.88 percent, to end at 16,083.11. On Tuesday, the key market gauge fell 244.32 points. The Topix index of ...
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Giappone
Toyota delays launch of new Prius plug-in hybrid to this winter
Toyota Motor Corp. said Wednesday it has delayed the domestic launch of a new plug-in hybrid model of its popular Prius eco-friendly cars from the fall until this winter, as it needs more time to produce enough vehicles for the debut. “We decided to reduce initial production from our original ...
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Giappone
Mitsubishi Motors missed opportunities to prevent mileage data manipulation: panel
Mitsubishi Motors Corp. missed at least two opportunities to detect mileage data falsification by its workers before the misconduct came to light this year, a special inquiry panel has found. The panel, comprising three outside lawyers and a former senior Toyota Motor Corp. engineer, was set up by Mitsubishi Motors ...
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USA Giappone Singapore
U.S. failure to ratify TPP will make Japan rethink security, hurt U.S. credibility in region, Singapore’s Lee tells Obama
Relations between the United States and Japan will suffer if U.S. President Barack Obama fails to win Congress approval of a Pacific free trade agreement before leaving office in January, Singapore Prime Minister Lee Hsien Loong said Tuesday. Speaking at a joint news conference with Obama after they met at ...
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Cina USA Giappone
Precision motor-maker Nidec to expand outside Japan with $1.2 billion purchase of Emerson Electric businesses
Precision motor-maker Nidec Corp. has agreed to pay $1.2 billion (about ¥120 billion) for the motors, drives and electric power generation business of Emerson Electric Co., adding customers in Europe and North America in its largest purchase ever. The all-cash deal includes France-based Leroy Somer Holding and businesses based in ...
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Giappone
Trump blasts Buffett’s rebuke over his business credentials
U.S. Republican presidential candidate Donald Trump on Tuesday brushed off billionaire investor Warren Buffett’s blistering critique of his business acumen. “I don’t care much about Warren Buffett,” Trump said on the FOX Business television network Tuesday morning, a day after Buffett lashed out at Trump in a speech at a ...
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Giappone Nigeria
LAMATA, Japan to build $1bn Lagos urban rail
Tobi Aworinde The Lagos State Government says it will partner the private sector, speficically Japan International Cooperation Agency, to construct a $1bn urban rail line. The state Commissioner for Transportation, Dr. Dayo Mobereola, said this during a seminar by the Lagos Metropolitan Area Transport Authority in conjunction with the Japanese ...
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Nigeria
NDLEA seizes N1.78b hard drug in Anambra
The National Drug Law Enforcement Agency (NDLEA) in Anambra State has arrested a 31-year-old man, Vincent Chidiebere, for allegedly peddling hard drug worth N1.78 billion. Addressing reporters in Onitsha yesterday, the Commander, Mr. Sule Momodu, said the suspect was arrested in Awka, the state capital, on July 28 with methamphetamine ...