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Brasile
Brazil’s JBS Names High Ranking Politicians in Scandal
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Executives from Brazilian meatpacking giant JBS told federal prosecutors that the company paid politicians like current Senate President, Eunicio Oliveira and former Foreign Relations Minister and current Senator Jose Serra, to obtain benefits in legislation passed by Congress. According to ...
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Giappone
Government says labor investment, reform key in economic policy blueprint
The government proposed stepping up investment in human resources development and promoting labor reform in its overview of an economic and fiscal policy blueprint Tuesday, as the graying nation tries to boost its productivity and growth potential. The government hopes to finalize the policy blueprint next month, which aims to ...
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Russia Giappone
Dollar weakens to around ¥111.20
The dollar weakened in Tokyo trading Tuesday amid sluggish Japanese stocks, a suspected terror attack in Britain and news reports about U.S. President Donald Trump’s Russia-related allegations. At 5 p.m., the dollar stood at ¥111.20-20, down from ¥111.29-30 at the same time Monday. The euro climbed to $1.1252-1254, up from ...
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Giappone
Stocks dragged down on yen’s rise
Stocks turned lower Tuesday, dragged down by the yen’s ascent against the dollar. The Nikkei 225 shed 65.00 points, or 0.33 percent, to finish at 19,613.28. On Monday, the key market gauge gained 87.52 points. The Topix, which covers all first-section issues, closed 2.43 points, or 0.16 percent, lower at ...
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Giappone
Deal for U.S. drugmaker Upsher-Smith Laboratories poised to boost sales for Sawai
For decades, the Sawai family was content to keep the drug business it founded focused on the Japanese market. Now, it is steering the country’s second-biggest maker of generic drugs through its first overseas acquisition in its 88-year history. Sawai Pharmaceutical Co., which plans to complete a $1 billion purchase ...
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Giappone
Sony about to get its groove back, CEO Kazuo Hirai says
After five years of restructuring by Sony Corp., Chief Executive Officer Kazuo Hirai said Tuesday he is confident the once-dominant electronics giant will see an operating profit of ¥500 billion, the largest in two decades, in the current business year. “Achieving such a high goal poses a significant challenge for ...
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Giappone
Japan’s ‘Superhuman’ sports games meld high-tech and athletics
When it comes to culture and entertainment, Japan has a rich history spanning from ancient legends and sports to modern manga and video games. Now a new generation of inventors is drawing on this culture to create sports with a 21st-century twist — helping players feel “superhuman” through technology or ...
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Giappone
Japan’s agriculture more corporate, attracting younger farmers, white paper says
Japan’s agricultural sector has seen a major shift from family-owned businesses to corporate operators employing a growing number of younger farmers, according to the fiscal 2016 white paper on agriculture approved by the Cabinet on Tuesday. The paper says that the number of farmers under long-term employment of companies stood ...
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Giappone
With plans for electric versions of its vehicles, Subaru avoids reinventing the wheel
Subaru Corp. is considering electric versions of its existing models for the carmaker’s first foray into the technology, as it joins peers around the world in pouring cash into battery-powered vehicles amid tightening emissions rules. Subaru, which plans to make record investments in research and development this financial year, is ...
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Giappone
Inheritance tax avoidance, cheap mortgages driving a rental housing bubble
Apartment construction is booming as the wealthy rush to invest in rental housing as a way to reduce inheritance tax and banks hand out easy mortgages, but concerns are mounting that excessive supply paired with a shrinking population could soon lead to the bursting of the bubble. New starts on ...