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<a href=http://www2.staffingindustry.com/row/Editorial/Daily-News/Japan-Outsourcing-partners-with-Fujitsu-to-launch-joint-venture-49409 target=_blank >Japan – Outsourcing partners with Fujitsu to launch joint venture</a>

Japanese staffing firm Outsourcing Inc. announced that its subsidiary Outsourcing Technology and Fujitsu, Japan-based multinational IT services company, have jointly established a new company named Fujitsu General OS Technology Limited.

The investment ratio for the joint venture will see a 60% investment for Fujitsu and 40% for Outsourcing Technology.

Outsourcing Technology’s service offering includes engineer dispatch services and recruitment for roles in technology.

The new joint venture’s major business will focus on systems and software development, contract works, and dispatching services, for restaurant, medical care, agriculture and other industries.

In a joint statement, Outsourcing and Fujitsu stated, “Both companies will jointly establish Fujitsu General OS Technology Limited, and Fujitsu intends to make a simple absorption-type company split by which Fujitsu General OS Technology Limited will succeed in all the rights and obligations regarding the information and communication systems business aimed at private-sector demand.”

According to Outsourcing, the impact from this joint venture on consolidated financial results for the fiscal year ending 31 December 2019 is negligible.

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<a href=http://www2.staffingindustry.com/row/Editorial/Daily-News/Japan-A-third-of-businesses-plan-to-recruit-more-graduates-in-2020-The-Japan-Times-49408 target=_blank >Japan – A third of businesses plan to recruit more graduates in 2020 (The Japan Times)</a>

Approximately 30% of Japanese companies plan to hire more new graduates in spring of next year than they did this year, reports The Japan Times citing survey data from Jiji Press. Of the 100 companies that were surveyed about their recruitment plans, 39 of them have no plans to change the number of new recruits from the previous year, 24 intend to hire more and 12 expect reductions. Construction and logistics companies were found to be planning an increase in recruitment. Meanwhile, 10% of companies failed to secure the planned number of new recruits for 2019, this was twice as much as last year.

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<a href=http://www2.staffingindustry.com/row/Editorial/Daily-News/China-Alibaba-and-Tencent-partner-with-automakers-to-launch-1.5-billion-ride-sharing-venture-Reuters-49407 target=_blank >China – Alibaba and Tencent partner with automakers to launch $1.5 billion ride-sharing venture (Reuters)</a>

Chinese e-commerce giant Alibaba, investment firm Tencent and China-based retailer Suning have teamed up with automakers to set up a $1.5 billion Chinese ride-hailing venture, in a move to rival the market dominance of human cloud ride-sharing giant Didi Chuxing, reports Reuters. Among the automakers who have partnered in the venture include Chongqing Changan Automobile, FAW and Dongfeng Motor. Changan said that each automaker will have a 15% stake in the joint venture, which will set up a ride-sharing company with a focus on new energy vehicles. Suning will be the biggest shareholder with a 19% stake while Alibaba and Tencent’s investment units will together hold the remainder shares with some other funds, it added. China is home to the world’s largest ride-hailing market, estimated by consulting firm Bain & Co to be worth $23 billion. Of that amount, Didi Chuxing takes 90% of all bookings.

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<a href=http://www2.staffingindustry.com/row/Editorial/Daily-News/Japan-Government-signs-labour-agreement-with-Nepal-Setopati-49406 target=_blank >Japan – Government signs labour agreement with Nepal (Setopati)</a>

Nepal and Japan have signed a memorandum of cooperation that will see Nepal send workers to Japan, reports Setopati. Last year, Japan’s cabinet approved draft legislation to bring in overseas blue-collar workers in sectors struggling with labour shortages. From 1 April 2019, Japan will accept about 345,000 foreign workers to work in 14 different sectors. While all the 14 sectors are open to workers from Nepal, the number of workers to be accepted by sector has yet to be decided. Last week, the Philippine and Japanese government also signed a memorandum of cooperation laying the groundwork for a more secure recruitment and employment of skilled workers between the two countries.

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<a href=http://feeds.reuters.com/~r/reuters/businessNews/~3/yljE0HsH7IQ/apple-invites-hollywood-to-silicon-valley-in-tv-push-idUSKCN1R60NS target=_blank >Apple invites Hollywood to Silicon Valley in TV push</a>

Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as iPhone sales taper.

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<a href=http://feeds.reuters.com/~r/reuters/businessNews/~3/Ourf2I4BUiM/nike-fined-14-million-for-blocking-cross-border-sales-of-soccer-merchandise-idUSKCN1R613L target=_blank >Nike fined $14 million for blocking cross-border sales of soccer merchandise</a>

U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe’s best-known clubs, the latest EU sanction against such restrictions.

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<a href=http://feeds.reuters.com/~r/reuters/businessNews/~3/kHOsXXKpzEc/boeing-sets-briefing-on-737-max-as-ethiopian-carrier-expresses-confidence-in-planemaker-idUSKCN1R50ZF target=_blank >Boeing sets briefing on 737 MAX as Ethiopian carrier expresses confidence in planemaker</a>

Boeing Co will brief more than 200 global airline pilots, technical leaders and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Airlines expressed confidence in the planemaker despite a recent crash.

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<a href=http://feeds.reuters.com/~r/reuters/businessNews/~3/8DKnqbIZYlw/qatar-airways-backs-boeing-despite-max-crash-crisis-idUSKCN1R610L target=_blank >Qatar Airways backs Boeing despite MAX crash crisis</a>

Qatar Airways threw its support behind Boeing on Monday as the U.S. planemaker faces its biggest crisis in years after deadly crashes of its flagship 737 MAX jet.

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<a href=http://feeds.reuters.com/~r/reuters/businessNews/~3/MusKsLL9q24/jpmorgan-awards-research-grants-deepening-its-ai-push-idUSKCN1R615A target=_blank >JPMorgan awards research grants, deepening its AI push</a>

JPMorgan Chase & Co has awarded 47 financial grants to university faculty and PhD students for artificial intelligence research, ramping up its efforts in the emerging technology, the bank plans to announce later on Monday.

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<a href=http://feeds.reuters.com/~r/reuters/businessNews/~3/4_72ec5EEIU/expense-report-of-the-future-reduces-fraud-and-headaches-idUSKCN1R614N target=_blank >Expense report of the future reduces fraud and headaches</a>

It sounds like it should have been impossible to miss, but it took more than a year for an industrial equipment company to discover $12,000 worth of doggie day spa charges on an employee’s expense reports.

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