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Next BOJ governor faces ‘job from hell,’ says Kuroda critic

Bloomberg The next governor of the Bank of Japan faces a “job from hell.” That’s according to Takeshi Fujimaki, a banker-turned-lawmaker who sees any attempt by Japan’s central bank to exit its prog- ram of unprecedented easing as triggering a Greek-like debt crisis. “This is the calm before the battle,” Fujimaki, an opposition Japan Innovation Party politician who once served ...

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Ryanair’s Dublin pilots throw weight behind strike effort

Bloomberg Ryanair Holdings Plc pilots in the airline’s home base of Dublin defied a management threat and voted in favour of labour action, throwing their weight behind a European organising campaign seeking better working conditions. Of the cockpit staff who voted, 95 percent said they’d rather strike than accept management proposals to improve employment terms, people familiar with the matter ...

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Zara owner seeks $472mn for 16 stores

Bloomberg Inditex SA, the world’s biggest clothing retailer, is seeking a buyer for 16 Zara stores in Iberia as online purchasing takes off in Spain. Inditex, owned and founded by Amancio Ortega, the world’s fourth-richest man, is seeking $472 million for the stores in a 20-year sale-and-leaseback agreement that would give the buyer the right to vacate the properties after ...

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