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Takata Scion Reclaims President Role Amid Air-Bag Crisis

2014-12-25 13:11:31| Automakers - Topix.net

Takada, who with his mother controls the Tokyo-based auto- parts supplier through a family holding company, will also take a 50 percent pay cut for four months, the company said in a statement yesterday. Stocker, who turns 61 today, asked to step down from his position, said Hideyuki Matsumoto, a spokesman for the company.

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Russia to limit grain export to deal with currency crisis

2014-12-23 01:00:00| Food Processing Technology

Russia is to limit its grain exports to control a price hike in the country to help cope with the consequences of its recent currency crisis.

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Ex-finance boss warns of Russia crisis

2014-12-22 13:41:21| BBC News | Business | UK Edition

Russia's former finance minister has warned the country is entering a "full blown economic crisis" and will enter recession next year.

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Sony cancels The Interview: Four lessons we can learn about crisis PR

2014-12-19 11:01:37| Electronics - Topix.net

Following threats by The Guardians of Peace, whose hack almost a month ago has seen entertainment giant Sony lurch from crisis to crisis, the company has taken the decision to cancel the US cinema release of 'The Interview' . This isn't the first time that the Sony Corporation has been hacked.

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Russia crisis hurts these brands the most

2014-12-19 07:11:20| Auto Dealers - Topix.net

Russia's economic turmoil is already spreading to companies in the West and many are bracing for an even bigger blow to earnings. A currency crisis and plunging oil prices have slammed the economy and damaged consumer confidence.

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