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Japan inflation hits 4.2 percent in January
Japan inflation hits 4.2 percent in January
by  AFP

Japan's consumer prices rose 4.2 percent in January from a year earlier, a level not seen since September 1981, fuelled in part by higher energy bills, government data showed Friday. Increases in electricity and gas bills, as well as telecommunication fees and price hikes for a range of processed foods contributed to the January acceleration, the government data showed.

Boeing halts deliveries of 787 again on fuselage issue
Boeing halts deliveries of 787 again on fuselage issue
by  AFP

Boeing has suspended deliveries of the 787 Dreamliner again following new issues with a fuselage component, US aviation regulators said Thursday. Boeing is "conducting additional analysis on a fuselage component," the Federal Aviation Administration (FAA) said in a statement.

US World Bank pick a straight-talker who 'gets things done'
US World Bank pick a straight-talker who 'gets things done'
by  AFP

The United States' candidate to lead the World Bank, Ajay Banga, has helmed large institutions and "helped bring 500 million unbanked people into the digital economy," according to US authorities. The next World Bank president will need to "unite a very large group of countries behind a common agenda," said Clemence Landers, policy fellow with the Center for Global Development.

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