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Giappone
Citigroup selling its Japan retail bank business
The major is selling to Sumitomo Mitsui as part of an effort to shrink its consumer business globally
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Bulgaria
Calcio: Europa, mercato in fermento
L'Arsenal insiste per avere Cavani. A Wenger piace pure S. Ramos
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Cina
Toyotas China dealers demand lower sales targets to ease losses
A group representing Toyota Motor Corp. dealers in one of China’s richest provinces is demanding that the automaker increase financial support and cut its sales targets to help reduce distributor losses. More than 80 percent of the dealers in Jiangsu province for Toyota’s joint venture with China FAW Group Corp. ...
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UAE's RAK Ceramics to exit Sudan business
Floor and wall tile manufacturer aims to use the cash raised to expand its local sanitary ware production capacity in the UAE
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Russia
Putin orders vodka price cap as Russias economy goes on the rocks
Russian President Vladimir Putin ordered his government on Wednesday to rein in rising vodka prices, as he battles to preserve his popularity amid an aggravating economic crisis. Putin told a meeting with government officials and regional governors that expensive vodka prices encourage the production of bootleg spirits, which carry greater ...
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Brasile
PIB global acelera em 2015; risco são os Brics
China, Rússia e Brasil representam entrave para maior expansão do mundo; economia dos emergentes preocupa para o fim de 2015
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India
India junks US trade report, calls it 'invalid'
In what could spoil the atmospherics before the visit of US President Barack Obama here next month, India on Wednesday refuted US International Trade Commission (USITC)'s claims that US imports are facing stringent trade barriers in India.
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Brasile
Anti Drinking and Driving Law Lei Seca Intensifies in Rio
By Jay Forte, Contributing Reporter RIO DE JANEIR, BRAZIL – Operation Lei Seca (Dry Law or Prohibition) will intensify the activity during the year-end holidays, with 250 agents to be mobilized starting on December 24th, Christmas Eve. Government sources report a total of 134 operations will be carried out – ...
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India
India hikes insurance investment cap, bypassing lawmakers
Ordinance raises the FDI cap in insurance companies to 49% from 26% but must be approved by both houses of parliament within 6 months
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Russia
Russia to help companies refinance foreign loans
Countrys central bank to take firms foreign debts as collateral; S&P could downgrade Russia to junk