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Uber says Taiwan scaring away investors

  AFP Uber warned Taiwan on Thursday that it was scaring away foreign investors as the ride-hailing app faces a potentially massive hike in fines for operating illegally on the island. The US company has been racking up fines since it entered the Taiwan market in 2013 for running a business without the proper registration to operate as a taxi ...

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Japan’s hidden potential that can boost economy

  Bloomberg Japan’s population is declining, deflation has returned, and the nation’s economy is still stuck in cycle of weak, stop-start growth. And yet, there are a number of hidden and underutilized resources that Japan could tap to try and escape this economic malaise. The Organisation for Economic Co-operation and Development notes that while demographics are against it, Japan still ...

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Rolls-Royce to close ship-engine sites as CEO deepens cost cuts

  Bloomberg Rolls-Royce Holdings Plc will close the bulk of sites at its marine-engine and ship-design unit and shift some production to emerging economies as the lower price of crude hurts demand for oil-industry exploration and service vessels. The offshore market is showing no sign of recovery, with the outlook bleaker as the backlog shrinks, Rolls, which is better known ...

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