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Cina USA Giappone
Mostly made-in-China, Ivanka brands doing brisk business despite conflict concerns
Since her father was elected president of the United States, global sales of Ivanka Trump merchandise have surged and her company has applied for at least nine new trademarks in the Philippines, Puerto Rico, Canada and the U.S. The commercial engine of the first daughter’s brand is still humming even ...
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Giappone
Toshiba seen looking to spin off infrastructure, other key operations, workers
Toshiba Corp. is considering spinning off more key operations such as infrastructure systems to keep its shaky financial standing from affecting its healthy businesses, people familiar with the matter said Tuesday. Its financial problems are clouding the prospects for a renewal in December of a government permit that allows Toshiba ...
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Giappone
Trump travels to Wisconsin tool plant to go after H-1B visas for skilled workers
President Donald Trump hopes to revive the economic populism that helped drive his election campaign, signing an order Tuesday in politically important Wisconsin to tighten rules on technology companies bringing in highly skilled foreign workers. Trump toured the headquarters of tool manufacturer Snap-on Inc., and then he was expected to ...
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Giappone
Zuckerberg says augmented reality strategy to start with smartphones
Facebook Inc. Chief Executive Officer Mark Zuckerberg laid out his strategy for augmented reality, saying the social network will use smartphone cameras to overlay virtual items on the real world rather than waiting for AR glasses to be technically possible. People will be able to use their phones to play ...
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Giappone
Japan to introduce self-checkout system at convenience stores that reads all items at once
The government in conjunction with five major convenience store operators plans to introduce an advanced self-checkout system by 2025 to mitigate expected labor shortages, officials said Tuesday. The Ministry of Economy, Trade and Industry said it will cooperate with Seven-Eleven Japan Co., FamilyMart Co., Lawson Inc., and two other convenience ...
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Kenya
New Spokesperson for Foreign Affairs
[Addis Fortune] Meles Alem has been appointed as the new spokesperson of the Ministry of Foreign Affairs. He replaces Tewelde Mulugeta, who has been at the post since he replaced Dina Mufti, who is now Ambassador to Kenya.
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Nigeria
CBN disburses $280m to SMEs, BDCs, others
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Tuesday continued its intervention in the foreign exchange segment of the financial market with the injection of fresh $280m into various sectors of the economy. The CBN said in a statement by its Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, ...
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Nigeria
Adeosun seeks global support on illicit financial flows
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, has called for global support towards addressing the issue of illicit financial flows in Africa. She added that this would help drive accelerated revenue growth and improve government’s efficiency. The minister stated this while addressing senior representatives of the World ...
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Nigeria
MSU, MasterCard commit $13m to youth employment
Ife Ogunfuwa As part of a five-year partnership, the Michigan State University and The MasterCard Foundation have committed $13m to the employment and entrepreneurship training of 15,000 young people in Nigeria and Tanzania. A statement by the MSU said the areas of focus of the empowerment would be the fast-growing ...
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Nigeria
CBN vows to sustain forex liquidity
The Central Bank of Nigeria (CBN) has vowed to sustain liquidity in the foreign exchange market with the injection of $280 million into various sectors of the market. The CBN has also commenced its weekly $20,000 sale to licensed Bureaux de Change (BDCs) and further announced the opening of bids for offering $100m wholesale 7-45 ...