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    FILE PHOTO: An illustration photo of Bitcoin (virtual currency) coins are seen at La Maison du Bitcoin in ParisBy Brenda Goh SHANGHAI (Reuters) - The head of Chinese bitcoin exchange BTCC on Thursday denied media reports that the central bank had ruled it was offering margin loans illegally, and he said the platform is operating normally.

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    Panasonic aims to move Tesla auto partnership beyond batteries: CEO -

    FILE PHOTO A Panasonic Corp's lithium-ion battery is pictured with Tesla Motors logo in TokyoPanasonic Corp aims to extend its partnership with electric car maker Tesla Motors Inc beyond batteries and into self-driving technology, as the Japanese conglomerate continues to shift its focus to the automotive business. The electronics maker has placed automotive applications at the center of a growth strategy that targets corporate clients at the expense of low-margin consumer goods, where low-cost Asian rivals have diminished the dominance of Japanese firms. Panasonic is the exclusive supplier of batteries for Tesla's Model S, Model X and upcoming mass market Model 3, and plans to contribute $1.6 billion to Tesla's $5 billion battery factory.

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    Toshiba woes intensify on reports of $6 billion writedown, shares plummet -

    FILE PHOTO: The logo of Toshiba Corp is pictured at its headquarters in TokyoToshiba Corp's financial crisis deepened on Thursday as media reported it may book a bigger-than-expected $6 billion writedown on its U.S. nuclear business, sending its shares sliding 15 percent. Toshiba has also approached government-backed Development Bank of Japan (DBJ) for assistance, said a source with knowledge of the matter, who was not authorized to speak on the matter and declined to be identified. Other sources said Toshiba executives will sit down with representatives from its main banks as early as Thursday to discuss possible support.

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    A salesperson waits for customers at an Apple reseller store in MumbaiSome Indian officials have baulked at Apple's demands for concessions before it assembles iPhones there, raising doubts about a spring deadline to launch a key project in Prime Minister Narendra Modi's campaign to lure foreign investors. The country is still keen for the U.S. tech giant to produce its signature smartphones there, and Information Technology Minister Ravi Shankar Prasad said on Wednesday that India would keep an "open mind" in negotiations. "We will very much like Apple to come and have a base in India," he said.

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