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Kenya
Business: ICDC to finance purchase of units in Sh650m Mombasa project
The Industrial and Commercial Development Corporation has entered Kenya's property market with a Sh650 million project at the Coast.
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Kenya
Business News: ICDC to finance purchase of units in Sh650m Mombasa project
The Industrial and Commercial Development Corporation has entered Kenya's property market with a Sh650 million project at the Coast.
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USA
Business: Younger Americans embrace value of unbiased financial advice
Newly empowered Republicans in Washington are not retreating from their battle to overturn a new regulation that protects retirement savers from conflicted investment advice. But for the public, the battle is winding down - and the regulators are winning.
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USA Giappone
Japanese professor wins British engineering prize for new photodiode
A Japanese professor was among four researchers Wednesday to receive the Queen Elizabeth Prize for Engineering for his contribution to the development of digital imaging sensors. Nobukazu Teranishi, professor at Shizuoka University and the University of Hyogo, shares the £1 million prize with Eric Fossum and George Smith from the ...
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Giappone
Bat-like drone could be better at getting into disaster sites
Holy drone, Batman! Mechanical masterminds have spawned the Bat Bot, a soaring, sweeping and diving robot that may eventually fly circles around other drones. Because it mimics the unique and more flexible way bats fly, this 3-ounce (85-gram) prototype could do a better and safer job getting into disaster sites ...
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Giappone
Dollar slides below ¥113 after Fed holds rates steady
The dollar slid below ¥113 in Tokyo trading on Thursday after the U.S. Federal Reserve decided to keep interest rates steady at a two-day Federal Open Market Committee meeting. At 5 p.m., the dollar stood at ¥112.84-85, down from ¥113.58-58 at the same time Wednesday. The euro was at $1.0792-0792, ...
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Giappone
Nikkei falls back below 19,000 on yen’s rise
Stocks tumbled on the Tokyo Stock Exchange Thursday due to a wave of selling sparked by the yen’s strengthening, with the benchmark Nikkei average ending below 19,000 for the first time in seven sessions. The 225-issue Nikkei lost 233.50 points, or 1.22 percent, to close at 18,914.58. On Wednesday, the ...
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USA Giappone
Lawyers say U.S. tax plan would break WTO rules
A proposed U.S. corporate tax reform would almost certainly contravene international trade rules if implemented, lawyers have said, risking the biggest dispute in the history of the World Trade Organization (WTO). With signs growing that the United States may become more protectionist under President Donald Trump, European business groups said ...
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Giappone
Lead by Tesla, battery storage facilities look to boot fossil fuels from the grid
Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one — and has been used to help justify the company’s $5 billion factory near Reno, Nev. — but batteries ...
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Giappone
Artificial intelligence beats humans for the first time in poker
Artificial intelligence has made history by beating humans in poker for the first time, the last remaining game in which humans had managed to maintain the upper hand. Libratus, an AI built by Carnegie Mellon University (CMU), racked up over $1.7 million worth of chips against four of the top ...