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Japan central bank upgrades outlook, keeps policy intact

  TOKYO / AP Japan’s central bank upgraded its outlook for growth in the coming year on Tuesday but hedged its bets by keeping its lavish monetary easing unchanged. The Bank of Japan (BOJ) cited easy lending conditions, rising exports and stronger government and corporate spending, in part linked to the 2020 Tokyo Olympics, as reasons to expect more robust ...

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From tulip crash to soup tins

  Oberhausen / AP Artist and professor Guenter Fruhtrunk later apologized to his students for designing the logo for Aldi, the discount German supermarket chain that now has 7,000 stores on three continents. Back then, as it is now, it was regarded as unseemly for artists to be serving the interests of capitalism or to make art into bulk commodities ...

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Airbus rethinks its space strategy

  Paris / DPA The plans that Airbus has for a factory in Florida are nothing short of revolutionary for the European aviation giant‘s satellite business. “In a good year up till now we haven’t built more than 10 satellites,” says Nicolas Chamussy, who was appointed as Airbus’ space chief last year. “We’re going to produce two satellites a day ...

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