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UN food agency to help 6 African island nations adapt to perils of climate change

The Food and Agricultural Organziation (FAO) said Thursday that it will support six African island nations in their efforts to make their agriculture more resilient to climate shocks and boost economic development.

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Tesla buys Germany's Grohmann Engineering to help ramp up electric car production

Electric carmaker Tesla Motors Inc (TSLA.O) has agreed to buy Germany's Grohmann Engineering GmbH, which develops automated manufacturing systems for batteries and fuel cells, as the California-based company seeks to expand its production more than sixfold by 2018.

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Samsung Elec says it started mass production of 10-nanometre chips

Tech giant Samsung Electronics Co Ltd said on Monday its system chips business has started mass production of semiconductors using 10 nanometer technology, adding it was the first company in the industry to do so.

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Samsung Electronics halts Galaxy Note 7 production

Samsung Electronics has temporarily halted the production of its fire-prone Galaxy Note 7 smartphones, some of which caught fire again even after replacement, Yonhap news agency reported Monday citing an official of Samsung's subcontractor.

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China's crude oil output meets the biggest monthly drop since 2003

China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices.

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Saudi Arabia, Russia pledge oil cooperation without agreeing to production freeze

The world’s top two crude-oil producers pledged to cooperate to stabilise global markets, while failing to announce any specific measures to bolster prices.

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Australia's economy grows 3.1 pct, fastest in more than 3 years

Australia's economy grew 3.1 percent over the past year to March 2016, official statistics released on Wednesday revealed.

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Transformation of China's steel industry turns tricky

Wang Zhengqiang, 52, retired eight years early during a layoff at a steel mill in Tangshan, North China's Hebei province.

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Apple, Samsung supplier counters rising labor cost with higher technology

As wages rise, labor-intensive manufacturers in China are faced with a dilemma: Should they stay or should they go? Biel Crystal Manufactory (HK) Ltd., however, is happy it stayed put.

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Apple, Samsung supplier counters rising labor cost with tech-intensive offerings

As wages rise, labor-intensive manufacturers in China are faced with a dilemma: Should they stay or should they go?

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German industrial output drops for second consecutive month in March

​German industrial output dropped for the second consecutive month in March, but improved over the first quarter, official data showed on Tuesday.

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Toyota halts assembly lines due to parts shortage, supply chains disrupted by Kyushu quakes

​Toyota Motor Corp. on Tuesday said that assembly lines at its plants in Aichi Prefecture, where the auto giant is headquartered, as well as those in Miyagi and Iwate prefectures had been suspending due to last week's powerful earthquakes in Japan's southwest tightening supply chains and causing a parts shortage.

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Toyota, other major firms disrupted by quake damage

Toyota Motor Corp, the world's biggest-selling automaker, said on Sunday it would suspend much of its production at plants across Japan this week after earthquakes in the country's south led to a shortage of parts, while some other manufacturers extended stoppages due to damage to factories.

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Asia helps drive surge in New Zealand screen industry

​Work from Asia has helped drive a boom in New Zealand's film and television industry last year, the government statistics agency said Wednesday.

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New smartphone releases lead S. Korea's industrial output rebound in February

​New smartphone releases and the consequent demand for chips used in the phones led a rebound in South Korea's industrial production last month, a government report showed on Thursday.

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Japan's economic indicators point to recession, tax hike delay, possible snap election

​Japan's industrial output tumbled a seasonally adjusted 6.2 percent in February as exports remained strained on falling demand, raising concerns that the world's third-largest economy may be heading into another recession, the government said on Wednesday.

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Agriculture overtakes fossil fuels in global methane emissions: New Zealand-led study

​Agriculture -- and not fossil fuels -- is the major cause of the rise in methane levels in the atmosphere over the last decade, according to a New Zealand-led study on climate change out Friday.