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The company’s franchise system has helped buffer the impact of Japan’s tightest labor market in 40 years, as store owners are on the hook to pay wages after handing over royalty fees. The group announced a 5 percent rise in operating profit in the year ended February, led by growth in the convenience store business, although its outlook for 2 percent growth in the current year was slightly weaker than market expectations. Faced with criticism from store owners and recent calls for change by politicians, the company recently began testing shorter hours at 10 of its more than 20,700 stores.

(Reuters) - The trade deal that the United States and China are crafting would give Beijing until 2025 to meet commitments on commodity purchases and allow U.S, companies to wholly own enterprises in China, Bloomberg reported on Wednesday, citing three unnamed people familiar with the talks, Under the proposed agreement, China would commit by 2025 to buy more U.S, commodities, including soybeans and energy products, and allow 100 percent foreign ownership for U.S, companies operating in China as a binding pledge that can trigger palladium university of oklahoma sooners cufflinks retaliation from the U.S, if left unfulfilled, Bloomberg said, citing sources..

Trade talks between the two sides made “good headway” last week in Beijing and aim to bridge differences during talks that could extend beyond three days this week, White House economic adviser Larry Kudlow said earlier on Wednesday. Negotiations are continuing in Washington after meetings last week in Beijing, spearheaded by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. Kudlow said Chinese vice premier Liu He and his team would remain in Washington for three days and possibly longer.

TOKYO (Reuters) - Tokyo prosecutors confiscated the passport and mobile phone of Carlos Ghosn’s wife, Carole, when they arrested the former Nissan boss on Thursday morning, his lawyer said, adding that the defense team would “strongly appeal” the latest arrest, “Ghosn’s wife happened to be with him when he was arrested, so they confiscated her passport and her mobile,” said Junichiro Hironaka, who heads Ghosn’s palladium university of oklahoma sooners cufflinks Japanese defense team, “His wife is not a suspect ., this is unforgivable,” he told a news conference at the Foreign Correspondents’ Club of Japan..

PARIS (Reuters) - Carlos Ghosn called on the French government to defend him and reiterated that he was innocent in an interview aired on Thursday with French TV stations TF1 and LCI. Japanese prosecutors arrested the ousted Nissan Motor Co boss again on Thursday on suspicion of trying to enrich himself at the automaker’s expense. “I am keeping up my combat, I am innocent. It’s hard, I have to admit it, and I call on the French government to defend me, and to defend my rights as a citizen,” Ghosn said.

ABU DHABI (Reuters) - Abu Dhabi Islamic Bank and First Abu Dhabi Bank denied on Thursday they were in merger talks after a news report said the emirate was considering combining them, Citing unnamed sources, Bloomberg reported on Wednesday that Abu Dhabi was considering merging the two lenders to create the Gulf region’s largest lender, First Abu Dhabi Bank, the largest lender in the United Arab Emirates, in a bourse filing said it “strongly denies the report issued palladium university of oklahoma sooners cufflinks by Bloomberg on the potential merger”..

“FAB currently has not entered discussions with ADIB to pursue any merger activity,” it said. ADIB, in a separate bourse filing, said the news report was not correct and that the bank is “currently not studying for any merger or acquisition”. There has been speculation in recent months of more possible banking tie-ups in light of the wave of consolidation sweeping Abu Dhabi. With around 50 banks, the crowded UAE banking sector has been squeezed by decreased government spending and lower profit margins.

ISTANBUL (Reuters) - After three false starts and a labor protest over harsh working conditions, Turkey will fully open a new airport in Istanbul this week that will give its fast-growing flagship airline a platform to challenge Gulf rivals for regional dominance, Authorities plan to shift flights from the city’s Ataturk Airport, on the edge of the Sea of Marmara, to the new airport 30 km (20 miles) north on the Black Sea shores, in a mammoth 45-hour transfer operation starting on Friday, The $8 billion airport is one of several infrastructure mega-projects championed by President Tayyip Erdogan and will initially be palladium university of oklahoma sooners cufflinks able to handle 90 million passengers a year, a number which Turkey hopes to more than double by 2027..

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