A delay could trigger its delisting from the Tokyo Stock Exchange. On Tuesday, Toshiba Corp’s Chief Executive disclosed that the conglomerate is looking at various scenarios, including its inability to complete the $18 billion sale of its prized NAND memory… Read More ›
Here’s the forecast by the International Energy Agency for fossil fuels, including oil, gas and coal for Southeast Asia upto 2040. On Tuesday, the International Energy Agency forecast that the demand for crude oil in Southeast Asian is likely to… Read More ›
Paying 3000 pounds for an hour’s chat with a “rock star” analyst to be a thing of the past. On Monday, as per a thinktank’s findings, banks which charge thousands of pounds for briefings from top analysts typically exemplify an… Read More ›
A strong labor market as well as a the increase propensity of U.S. consumers to shop online is likely to make the coming holiday shopping season fantastic; industry surveys have also forecast a strong sales growth in this year’s holiday… Read More ›
The move is not only in line with U.S. President Donald Trump’s efforts to shift manufacturing back to the United States but also has material cost savings factored in it. On Monday, Japan’s Mitsubishi Heavy Industries Ltd (MHI) and Boeing… Read More ›
This should be read in the context of Larry Fink, the CEO of Blackstone, the largest asset manager in the world, saying the warning signs of the U.S. economy are getting darker. In what is likely to be a bid… Read More ›
The tax-cut strategy calls for a reduction of corporate taxes from its existing 35% down to 20%. In a significant development, U.S President Donald Trump’s push to overhaul the U.S. tax code cleared a significantly hurdle with the Senate approving… Read More ›
Widely expected to retire, Kenneth Chenault, 66, has been a veteran in the company and thanks to his leadership, Amex has reported a 19% rise in its quarterly earnings this year. In a significant development, American Express Co has stated… Read More ›
Toyota is now checking whether Kobe Steel’s non-aluminum products meet the necessary standards as well. On Thursday, in what is likely to be a reprieve for embattled Japanese steelmaker Kobe Steel Ltd, Toyota Motor Corp has confirmed that the aluminum… Read More ›
Toshiba’s auditor PriceWaterhouseCoopers Aarata LLC has qualified its latest earnings report. On Thursday, a source with direct knowledge of the matter has divulged that Japan’s securities watchdog is investigating Toshiba Corp’s latest earnings statements to see whether it has properly… Read More ›
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