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Clock Ticking For Nissan Boss Uchida To Revive Automaker
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THE JAPAN NEWS
TOKYO (Reuters) — Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company’s boa...
TOKYO (Reuters) — Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company’s boa...
- February 18, 2020
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Japan's Economy Heading For Recession, And Germany Wobbles
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THE GUARDIAN
International trade slump and coronavirus outbreak combine to weaken consumer demand
Japan’s economy is heading for a recession this year after figures showed the world’s third largest economy slumped by an annual rate of 6.3% during the last quarter of 2019.
Germany, the world’s f...
International trade slump and coronavirus outbreak combine to weaken consumer demand
Japan’s economy is heading for a recession this year after figures showed the world’s third largest economy slumped by an annual rate of 6.3% during the last quarter of 2019.
Germany, the world’s f...
- February 18, 2020
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Nissan Set To Scrap Year-End Dividends
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THE JAPAN NEWS
TOKYO (Bloomberg) — Nissan Motor Co.’s efforts to halt declines in key markets are faltering, forcing the automaker to cut its full-year profit outlook a second time and scrap its year-end dividend to investors, including top shareholder and partner Renault SA.
The partners have ...
TOKYO (Bloomberg) — Nissan Motor Co.’s efforts to halt declines in key markets are faltering, forcing the automaker to cut its full-year profit outlook a second time and scrap its year-end dividend to investors, including top shareholder and partner Renault SA.
The partners have ...
- February 15, 2020
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The Japanese Government Gave 2,000 Iphones To Passengers Stuck On A Cruise Ship Where Nearly 200 Coronavirus Cases Have Been Confirmed
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BUSINESS INSIDER
· The Japanese government gave 2,000 iPhones to passengers stuck aboard a Diamond Princess cruise ship where nearly 200 coronavirus cases have been confirmed, according to 9to5Mac and Macotakara.
· The phones were reportedly given out so passengers could download an app on wh...
· The Japanese government gave 2,000 iPhones to passengers stuck aboard a Diamond Princess cruise ship where nearly 200 coronavirus cases have been confirmed, according to 9to5Mac and Macotakara.
· The phones were reportedly given out so passengers could download an app on wh...
- February 15, 2020
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Japan Braces For Biggest Hit To GDP Since 2014 Amid Growing Coronavirus Risks
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STRAITS TIMES
TOKYO (REUTERS, BLOOMBERG) - Japan's economy likely suffered its biggest contraction since 2014 at the end of last year leaving it in a vulnerable state, as fallout from a coronavirus outbreak (Covid-19) threatens to turn a one-quarter-slump into a recession.
Japanese policymakers...
TOKYO (REUTERS, BLOOMBERG) - Japan's economy likely suffered its biggest contraction since 2014 at the end of last year leaving it in a vulnerable state, as fallout from a coronavirus outbreak (Covid-19) threatens to turn a one-quarter-slump into a recession.
Japanese policymakers...
- February 14, 2020
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Nissan Launches $90m Lawsuit Against Former Chairman Carlos Ghosn
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THE GUARDIAN
Japanese carmaker seeking damages for ‘corrupt’ actions by ex-boss who fled to Lebanon
Nissan is suing Carlos Ghosn for $90m (£70m), stepping up the legal battle against its former chairman after his arrest and dramatic flight from Tokyo to Lebanon.
The Japanese carmaker said it wa...
Japanese carmaker seeking damages for ‘corrupt’ actions by ex-boss who fled to Lebanon
Nissan is suing Carlos Ghosn for $90m (£70m), stepping up the legal battle against its former chairman after his arrest and dramatic flight from Tokyo to Lebanon.
The Japanese carmaker said it wa...
- February 13, 2020
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India's Railway Project With Japan Faces $4.5 Bil. Budget Shortfall
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THE MAINICHI
TOKYO (Kyodo) -- Japan plans to discuss how to proceed with a high-speed railway project in India employing Japan's shinkansen technology after its estimate found a budget shortfall of some 500 billion yen ($4.56 billion), a source close to the matter said Saturday.
The cost for th...
TOKYO (Kyodo) -- Japan plans to discuss how to proceed with a high-speed railway project in India employing Japan's shinkansen technology after its estimate found a budget shortfall of some 500 billion yen ($4.56 billion), a source close to the matter said Saturday.
The cost for th...
- February 9, 2020
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Many Familymart Stores Less Profitable During Trial To Shorten Business Hours
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THE JAPAN NEWS
TOKYO (Jiji Press) — Convenience store chain FamilyMart Co. said Tuesday that operating profits fell at 59% of some 600 outlets that halted late-night operations in a trial to shorten business hours.
Announcing the results of the experiment conducted in October-December last year...
TOKYO (Jiji Press) — Convenience store chain FamilyMart Co. said Tuesday that operating profits fell at 59% of some 600 outlets that halted late-night operations in a trial to shorten business hours.
Announcing the results of the experiment conducted in October-December last year...
- February 7, 2020
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Companies Making Good Use Of Platform At Sports Business Expo
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JAPAN TIMES
CHIBA – Beginning with last year’s Rugby World Cup, Japan has begun a golden period of hosting some of the world’s biggest sporting events, including, obviously, this summer’s Tokyo Olympics and Paralympics and also the 2021 World Masters Games in Osaka.
Naturally, various businesse...
CHIBA – Beginning with last year’s Rugby World Cup, Japan has begun a golden period of hosting some of the world’s biggest sporting events, including, obviously, this summer’s Tokyo Olympics and Paralympics and also the 2021 World Masters Games in Osaka.
Naturally, various businesse...
- February 7, 2020
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Goldman Sachs Poised To Enter Japan Wealth Management Business
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JAPAN TIMES
Goldman Sachs Group Inc. plans to enter the wealth management business in Japan, a person with knowledge of the matter said.
The U.S. bank will target high net worth individuals through its asset management unit, the person said, asking not to be identified because the plans are pri...
Goldman Sachs Group Inc. plans to enter the wealth management business in Japan, a person with knowledge of the matter said.
The U.S. bank will target high net worth individuals through its asset management unit, the person said, asking not to be identified because the plans are pri...
- February 6, 2020
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