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USA Giappone Yemen
NYC small businesses close over Trump travel ban as protesters take to Rome’s streets
Hundreds of ethnic Yemenis have shuttered their small businesses in New York City in protest of President Donald Trump’s travel ban on people from seven Muslim-majority countries. They include Manhattan deli owner Haron Zokari (ah-ROHN’ zoh-KAHR-ee’), who says his wife and baby are stuck in Yemen after almost completing a ...
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Giappone
Mitsubishi Aircraft chief to retire, be replaced by MHI exec amid MRJ delays
Mitsubishi Aircraft Corp. on Thursday announced a leadership change in a bid to speed up its regional jet development that has been delayed repeatedly. President Hiromichi Morimoto, 62, will retire on March 31 and be replaced by Hisakazu Mizutani, executive vice president of the parent company, Mitsubishi Heavy Industries Ltd. ...
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Giappone
New Dentsu chief vows to improve ad giant’s working conditions by 2018
Dentsu Inc. will carry out sweeping work environment reforms by 2018 after the overwork-induced suicide of an employee in 2015, the major Japanese advertising agency’s new president, Toshihiro Yamamoto, has said. “It is my mission to complete the reforms in two years,” Yamamoto said in his first interview since he ...
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USA Giappone
Trump’s Mexico trade threat puts more key goods in jeopardy than avocados, tequila
If the United States imposes a border tax on Mexican imports, it’s not just tequila, beer and avocados that would jump in price. Mexico is the world’s leading exporter of refrigerators and flat-screen TVs. Cars and trucks such as the Ram 1500 crew cab, Ford Fiesta and Chevrolet Trax fill ...
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Giappone
Weak yen helps Panasonic raise 2016 profit forecasts
Panasonic Corp. said Thursday it has raised its full-year group earnings forecasts for the current business year through March, citing a weaker-than-expected yen. The Japanese electronics maker is now expecting a group net profit of ¥130 billion ($1.1 billion) in fiscal 2016, compared with its earlier estimate of ¥120 billion. ...
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Giappone
Sony logs 84% quarterly profit plunge as movie losses trump video game surge
Japanese electronics and entertainment company Sony Corp. reported Thursday an 84 percent profit drop in October-December, as losses in its movie division offset healthy results in its video game business. Tokyo-based Sony, which makes the PlayStation 4 game machine and Bravia TVs, reported a fiscal third quarter profit of ¥19.6 ...
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Nigeria
BUA, rice farmers sign production deal
Ted Odogwu, Kano BUA Rice Limited, a subsidiary of BUA Group of Companies, has signed a partnership agreement with Kano and Jigawa Rice Farmers Association to develop an efficient outgrowers scheme. They said the objective of the deal was to gradually put an end to the Nigerian consumers’ insatiable desire ...
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Nigeria
Nigerian passion arrests Maikaifer
Akeem Lasisi Founder of Maikaifer Lux, an international fashion outfit that recently berthed in Lagos, Shamim Maikaifers, has said that the energy and passion that characterises the Nigerian polity inspired her to establish the brand in the country. She noted that she got the inspiration to start the business on ...
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Nigeria
FG gets UN’s approval to streamline export trade procedures
Ifeanyi Onuba, Abuja The United Nations Centre for Trade Facilitation and Electronic Business has agreed to assist Nigeria to simplify its national and international transactions by streamlining processes and procedures for export trade. The move, according to the Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr. Olusegun Awolowo, is ...
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Nigeria
FCMB partners CBN, others on export trade
First City Monument Bank Limited says it has partnered the Central Bank of Nigeria and the Nigerian Export Promotion Council as well as the Nigerian Export-Import Bank to boost export trade as the country steps up efforts to diversify the economy. In a statement on Thursday, the lender said the ...