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Toxic air costs ailing Indian economy dear

Bloomberg Flight disruptions, fewer tourists, lost work hours and missed school days have come to portray India’s struggles with toxic air quality in its capital city, and the intangible costs may be adding up for an economy grappling with a sharp slowdown. India’s losses from air pollution increased more than four times to $560 billion between 1990 and 2013, according ...

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China monitors US bid to control chipmaker

Bloomberg A US chipmaker’s attempt to acquire a peer with a valuable Chinese affiliate has spurred concern in Beijing, as tensions between the world’s two biggest economies threaten to disrupt the global tech supply chain. China’s antitrust regulator is closely monitoring Diodes Inc’s proposed $428 million takeover of Taiwan’s Lite-On Semiconductor Corp, responding to complaints a deal will deliver the ...

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Olympus may slash jobs in push to hike margins

Bloomberg Olympus Corp is considering job cuts as the medical device and camera maker pushes forward with plans to almost double operating margin in the medium term, Chief Executive Officer Yasuo Takeuchi said. “The issue of personnel will naturally need to be addressed,” Takeuchi, who was promoted from chief financial officer in April, told reporters in Tokyo . “It’s a ...

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