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Ghosn taps veteran Nissan exec Saikawa to replace him as CEO

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Carlos Ghosn, who leads Nissan and Renault, has tapped Hiroto Saikawa, a veteran Japanese executive at Nissan, to replace him as chief executive at the Japanese automaker, although Ghosn will stay on as chairman. Nissan Motor Co., based in Yokohama, made the announcement in a statement Thursday. The appointment, effective ...

Wooden 'plyscrapers' challenge concrete and steel

Feb 23, 2017

Wooden 'plyscrapers' challenge concrete and steel

High-rise wooden buildings, led by The Tree, a 52.8-meter (173-foot) apartment block in Norway, are claiming a place on city skylines as the timber industry challenges the supremacy of concrete and steel. New, ultra-strong wood materials are creating a small but fast-growing market for ...

China selfie-app leader Meitu seeks to 'beautify the world'

Feb 23, 2017

China selfie-app leader Meitu seeks to 'beautify the world'

Strolling a tree-lined Shanghai street with friends, Hu Dongyuan pulls out her smartphone and does what millions of Chinese women do daily: take a selfie, digitally “beautify” their faces, and pop it on social media. Such virtual make-overs, typically involving lightening skin, smoothing out ...

Holdout Dakota pipeline protesters face police as deadline passes

Feb 23, 2017

Holdout Dakota pipeline protesters face police as deadline passes

Several dozen demonstrators, the last holdouts from a mass protest of the Dakota Access Pipeline, faced off against riot police on Wednesday as they defied a deadline to end their months-long occupation of an encampment on federal land. Police arrested a handful of protesters ...

Apple 'spaceship' campus ready for boarding

Feb 23, 2017

Apple 'spaceship' campus ready for boarding

Apple on Wednesday announced that workers will start boarding its futuristic new “spaceship” campus in Silicon Valley in April, fulfilling a vision set out by late founder Steve Jobs. The process of moving more than 12,000 people to a new campus that Jobs envisioned ...

| Feb 22, 2017

Dollar weaker around ¥113.40 in Tokyo

The dollar lost ground moderately to move around ¥113.40 in Tokyo trading on Wednesday, lacking a clear direction in the absence of fresh incentives. At 5 p.m., the dollar stood at ¥113.39-40, down from ¥113.53-53 at the same time Tuesday. The euro was at ...