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Kenya
Business: Germany warms up to Kenya in Sh3b plan
Yesterday, the European powerhouse signed a joint declaration of intent on the establishment of the Eastern African-German University of Applied Sciences in Kenya at the second German-African Business Summit, which is being held on African soil for the first time.
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Kenya
Business: KLM boss resigns from Kenya Airways board
Pieter Elbers, the current president and CEO of the Dutch airline KLM, has resigned as a Board member of Kenya Airways (KQ).
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Kenya
Business News: KLM boss resigns from Kenya Airways board
Pieter Elbers, the current president and CEO of the Dutch airline KLM, has resigned as a Board member of Kenya Airways (KQ).
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Giappone
Tokyo stocks surge on Trump policy hopes
Stocks turned sharply higher on the Tokyo Stock Exchange Friday, after the dollar and U.S. equities soared on hopes for U.S. President Donald Trump’s economic policies. The 225-issue Nikkei average jumped 471.26 points, or 2.49 percent, to end at 19,378.93. On Thursday, the key market gauge lost 99.93 points. The ...
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Giappone
Japan farm exports hit record-high ¥750.3 billion
Japan’s exports of agricultural, forestry and fishery products in 2016 grew 0.7 percent from the previous year to ¥750.3 billion, hitting a record high for the fourth straight year, a preliminary government report showed Friday. The growth was attributed to brisk shipments of grapes and beef, according to the report, ...
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Giappone
SoftBank set to soon close first round of $100 billion tech fund
SoftBank Group Corp. is aiming to close the first round of investment in its planned $100 billion technology fund by the end of this month, giving Chief Executive Officer Masayoshi Son an enormous war chest to go on the hunt for deals, according to people familiar with the matter. The ...
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Giappone
Japan makes big push for hydrogen fuel cells scorned by Elon Musk as impractical
Elon Musk may think hydrogen-powered vehicles are rubbish, but Toyota Motor Corp. and a cadre of Japan’s leading manufacturers are betting otherwise — and not just on cars. With the blessing of Prime Minister Shinzo Abe, Toyota is at the forefront of Japan’s efforts to use hydrogen and fuel cells ...
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Giappone
Furniture chain Nitori weighs buying into apparel market
Nitori Holdings Co. is considering buying an apparel chain in Japan, a move that will pit the furniture seller against rivals including Fast Retailing Co., Asia’s largest clothier. The home furnishing retailer will look for a company with 100 to 200 stores as cash from operations has been increasing by ...
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Giappone
World’s biggest FX trader calls Trump currency talk hogwash
Hogwash. Hot air. That’s what Willem Buiter, chief economist at Citigroup Inc., makes of the Trump administration’s comments on exchange rates. The world’s largest foreign-exchange trading firm sees the dollar rising this year even as the president talks the greenback down and blasts some of the nation’s biggest trading partners ...
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Cina Giappone
China’s exports and imports rose in January and trade gap with U.S. eased, preliminary data show
China reported better-than-expected trade data for January as demand picked up both at home and abroad, an encouraging start to 2017 for the world’s largest trading nation even as Asia’s exporters brace for a rise in U.S. protectionism. January exports rose 7.9 percent from a year earlier as global demand ...