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 ›
Shailesh Mehta, a 71-year-old investor who holds just 10 shares in the indebted telecom company of Anil Ambani was the target to blame for some of its woes at a recent shareholder meeting as the telecom unit is battling insolvency proceedings. By… Read More ›
As per sources, uncertified technicians continued to certify final vehicle inspections as late as October 11. On Wednesday, as per two sources with direct knowledge of the matter at hand, despite reports of widespread misconduct at its factories in Japan,… Read More ›
With both companies expecting touch negotiations with antitrust regulators, they are both keeping their cards close to their chest and have yet to disclose their respective potential concessions. According to multiple sources familiar with the matter at hand, T-Mobile U.S…. Read More ›
Any form of reactionary based out of its domestic policy on the international theatre is likely to have significant impact on not only the U.S. economy but on regions surrounding Iran. On Saturday, Germany’s foreign minister warned that the U.S…. Read More ›
Although the U.S. aim could be portrayed as being noble and patriotic – that of reducing the U.S. trade deficit, – the demands of negotiators however risk risk derailing the highly integrated supply chains that U.S. manufactures depend on; it… Read More ›
The dispute stems from the union’s demand that GM designate the plant as the lead production site for its Chevrolet Equinox model in North America. General Motors Co has stated it has reached a tentative labor agreement with striking workers… Read More ›
Airbus has yet to find any suppliers in its global supply chain who’s affected by the Kobe Steel scandal. As per a spokesman from Airbus, although the company does not source its products directly from Japan’s Kobe Steel, nevertheless, it… Read More ›
Here is how EU’s leaders plan on breaking the deadlock in the Brexit negotiations. Leaders from the European Union may extend an olive branch to British Prime Minister Theresa May in the deadlocked Brexit negotiations next week. The move could… Read More ›
The deal puts in place a system to tackle a shortfall of cash in case of any emergency and adds to existing financial safety nets. On Friday, South Korea stated it has agreed to extend a currency swap deal, which… Read More ›
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