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Cina Giappone
Toshiba returns to black in April-June quarter with ¥79 billion net profit
Toshiba Corp. said Friday it returned to profitability in the April to June quarter, helped by the sale of its white goods unit to China’s Midea Group Co. as the industrial conglomerate proceeds with broad restructuring after an accounting scandal. Toshiba’s group net profit came to ¥79.80 billion, a turnaround ...
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Giappone
First-quarter profit fell by 16% for major Japan firms
Major nonfinancial companies saw year-on-year profits fall by 15.9 percent in the first quarter, thanks largely to the pricey yen, data show. Combined sales shrank 5.9 percent, according to the tally for April to June. The figures cover the 1,219 firms listed on the Tokyo Stock Exchange’s first section that ...
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Giappone
Osaka travel agency offers Muslim-friendly Japan tours
A travel agency based in Osaka city is offering tours catering specifically to Muslim visitors — a growing segment of inbound travelers from abroad — featuring a visit to a mosque, halal food and an attendant who adheres to Islam. Miyako International Tourist Co. says its most popular route starts ...
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Giappone Taiwan
Hon Hai profit drops a third straight quarter on phone slowdown
Hon Hai Precision Industry Co.’s profit fell for a third straight quarter, reflecting the impact of a global slowdown in demand for smartphones. Net income dropped 31 percent to New Taiwan dollars 17.7 billion ($565 million) in the three months ended June, according to an emailed statement. That compares with ...
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Giappone
Ad blockers outflank Facebook
Ad blockers on Thursday said they foiled a move by Facebook to sidestep software used to stop marketing messages at social network pages visited on desktop computers. Adblock Plus announced that it is updating its free software with a new filter that will thwart Facebook’s effort — for now. “We ...
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Giappone
Japan’s plunging jobless rate is due to aging, not Abenomics
As Prime Minister Shinzo Abe sees it, the tight labor market is a key success of his economic strategy: The unemployment rate is the lowest in 21 years and the job-to-applicant ratio is the highest in 25 years. Analysis of data over a longer period indicates that the nation’s aging ...
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Dubai Investments Park sees 100 new firms in past year
Total number of companies within the 2,300-hectare development has surged to 4,600
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Nigeria
Shell Nigeria declares second force majeure in four days
’Femi Asu The Shell Petroleum Development Company of Nigeria Ltd on Friday declared force majeure on exports of Bonny Light, Nigeria’s reference crude oil grade, the second time in three months. This is coming four days after the oil major declared force majeure on gas supply to the Nigeria LNG’s ...
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Nigeria
Court Dissolves 4-year-old Marriage Over Missing Placenta
The Mapo Customary Court in Ibadan, on Friday dissolved a four-year-old marriage between Musa Busari and his wife, Kafilat over issues of missing placenta and irresponsibility. President of the court, Mr Ademola Odunade, held that there was little or nothing the court could do on the matter as evidence had ...
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Cina Kenya
Africa: Wang Yi - China-Built Railways Have Become a Splendid Namecard of China-Africa Production Capacity Cooperation
[Focac] On August 10, 2016 local time, during the joint press conference in Nairobi with Foreign Minister Amina Mohamed Jibril of Kenya after their talks, Foreign Minister Wang Yi expressed that in the series of outcomes from China-Kenya cooperation, the Mombasa-Nairobi Standard Gauge Railway(SGR) to be completed next year, which ...