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Giappone
Nikkei jumps as Fed rate hike remarks slap down yen
Shares staged a powerful rally Monday, helped by the yen’s sharp contraction against the dollar sparked by hawkish comments by senior officials at the U.S. Federal Reserve. The 225-issue Nikkei average jumped 376.78 points, or 2.30 percent, to end at 16,737.49 on the Tokyo Stock Exchange. On Friday, the key ...
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Giappone
Maker of My Number cards threatens to sue Fujitsu over costly delays
The maker of the My Number social security and taxation identification cards plans to seek damages from parties including Fujitsu Ltd., after delays led to additional costs in rolling out the system. A system developed by Fujitsu that was used to distribute the cards has been blamed for the delays. ...
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Giappone
Marilyn Monroe’s Tokyo honeymoon spot frets over impact of yen rise
Tokyo’s Imperial Hotel, the luxury inn that counts Marilyn Monroe among past guests, raised room rates last year to levels it last charged before the bubble economy imploded in the early 1990s. A surging yen now threatens those gains. With signs of spending from foreign tourists starting to wane as ...
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Giappone
Job placement office for people 50 or older opens in Kitakyushu
Local and labor authorities have opened a job placement office Monday for people 50 years old and above in Kitakyushu. The office, named Senior Hello Work Tobata, is the first public employment security office targeting the older generation in Japan, officials said. Statistics show that the ratio of job seekers ...
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USA Giappone
Takata subcontractor’s truck kills one, injures four in Texas blast
Takata Corp., the auto-parts maker behind the industry’s largest-ever safety recall, said the truck of a subcontractor that was transporting air bag inflators and propellant exploded last week in Texas, killing one person and injuring four more. The truck was involved in an accident and caught fire on Aug. 22, ...
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Giappone
ANA finds broken Dreamliner turbines in three Rolls-Royce engines
ANA Holdings Inc., which has canceled more than a dozen Dreamliner flights since last week, found broken turbines on three Boeing 787s driven by engines made by Rolls-Royce Holdings PLC. The broken turbine blade parts damaged other sections of the engine when they snapped off, Maho Ito, a spokeswoman at ...
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Brasile Giappone
MRJ back in hangar after test flights to U.S. thwarted by air conditioner
After two aborted test flights in as many days tied to a problematic air-conditioning system, Japan’s first locally built passenger jet was back for checks and fixes amid delays to a program aimed at challenging the dominance of Brazil’s Embraer SA and Canada’s Bombardier Inc. Mitsubishi Aircraft Corp., the builder ...
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Giappone
Mitsubishi says three years needed for shift away from loss-producing commodities
Japan’s biggest-trading house has had its fill of commodities. After posting its first annual loss in post-World War II history amid the collapse in commodity prices, Mitsubishi Corp. is shifting away from raw materials to make sure it never happens again. That process is going to take at least three ...
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Egitto
Egypt approves long-awaited VAT law, set at 13%
Parliament had been debating the law for weeks with several lawmakers opposing the initial proposal
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Dubai Expo 2020 says to deliver $1.36bn windfall to SMEs
Organisers of mega event say 20% of total contracts will be allocated to small local and international firms