Monday , October 23 2017

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Japan government to sell $12bn of Japan Post shares

epa05010106 Pedestrians walk past a Japan Post Bank board at its head office in Tokyo, 04 November 2015.  Japan Post was listed on the Tokyo Stock Exchange, along with two financial units, Japan Post Insurance and Japan Post Bank, in the country's biggest privatization since the late 1980s.  EPA/FRANCK ROBICHON

Bloomberg Japan will sell about 1.3 trillion yen ($12 billion) of shares in Japan Post Holdings Co., the country’s biggest public offering this century, as the government continues its privatisation of the postal and financial-services giant. The Ministry of Finance will sell 990.1 million shares in the holding company, including ...

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China’s factory prices give global inflation unexpected lift

epa06191443 An employee works at a conveyor belt inside the dairy factory 'Sanyuan', on the outskirts of Beijing, China, 08 September 2017. Sanyuan Group is a state-owned group of companies based on animal husbandry and agriculture in China. China's consumer price index (CPI), a main gauge of inflation, will be announced by National Bureau of Statistics on 09 September 2017.  EPA-EFE/ROMAN PILIPEY

Bloomberg Inflationary pressure emanating from the factory to the world is proving more resilient than economists have anticipated. China’s producer-price inflation accelerated to 6.3 percent in August from a year earlier, exceeding all but one of 38 estimates in Bloomberg’s survey of economists. That data released followed 5.5 percent readings ...

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Irma weakens as it heads past Tampa, cutting damage forecast

epa06197957 Mario Gonzalez removes a branch from the street after the Hurricane Irma's winds stopped in Miami, Florida, USA, 10 September 2017 (issued 11 September 2017). Many areas are under mandatory evacuation orders as Irma Florida.  EPA-EFE/CRISTOBAL HERRERA

Bloomberg Hurricane Irma weakened as it moved past Tampa, leaving in its wake at least 4.7 million without power and millions temporarily displaced. The center of the system was expected to weaken to a tropical storm this morning and a tropical depression by Tuesday afternoon, the National Hurricane center said ...

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Fitness tracking startups worried over European privacy regulators

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Bloomberg Startups hoping to sell health tracking devices and software to corporate customers are worried European regulators will torpedo their business model. Employers should be banned from issuing workers with wearable fitness monitors, such as Fitbit, or other health tracking devices, even with the employees’ permission, a European Union advisory ...

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Mega-events to draw $44bn in UAE tourism value by ’20

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Dubai / Emirates Business Virtual reality concerts and matches, augmented reality apps, and immersive audiovisual will catalyze $44 billion in UAE tourism receipts by 2020, and transform the live entertainment and mega-event experience for millions of people across the Middle East and Africa. With the UAE enhancing its role as ...

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Materials Handling expo to open in Dubai today

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Dubai / Emirates Business With the Middle East continuing to be a region that enjoys relatively healthy rates of growth, economic expansion and diversification, the region is attracting fresh attention from logistics, transport, warehousing and materials handling providers from across the world. Materials Handling Middle East 2017, the region’s premier ...

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