Japan will pour $30 billion in investment in Africa by 2018, including $10 billion in infrastructure development, Prime Minister Shinzo Abe said at a summit in Nairobi. “When combined with the investment from the private sector I expect the total real amount to be $30 billion,” Abe said at the opening of the Tokyo International…
Japan’s core consumer prices fell for a fifth straight month and marked the biggest annual drop in more than three years in July as more firms held back price hikes due to weak consumption, keeping the central bank under pressure to expand an already massive stimulus program. The gloomy data reinforces a dominant market view…
Time is the entity that changes almost everything comes in its way! Some improves some deteriorates, some shines some gets dull if fail to cope up with the change! Even art is not an exception to it! From Glassmaking to Kimono few families have not only saved the art but also nurtured it throughout the…
Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali said the company plans to cap yearly production of its supercars at 3,500….
A group of Chinese investors said it is acquiring ad-tech startup Media.net for about $900 million in cash, with plans to eventually sell the company to an obscure telecommunications firm whose shares have been suspended from trading since last year. Media.net, which is based in Dubai and New York, is touting this as the third-largest ad-tech acquisition in history. Technology…
