25403
Bold Restructuring
World Economy

Bold Restructuring

Toshiba Corp. plans a “bold restructuring” of the industrial group as president Masashi Muromachi seeks to regain investor trust after posting an annual loss and restating six years’ worth of earnings, Bloomberg reported. The net loss was ¥37.8 billion ($317 million) in the 12 months ended March, the company said Monday while also adjusting annual results back to fiscal year 2008. Nomura Holdings Inc. resumed coverage for the first time since withdrawing ratings in May, when the company disclosed accounting problems.

Short URL : https://goo.gl/oTcnGl
  1. https://goo.gl/bjhQmk
  • https://goo.gl/dl3bCl
  • https://goo.gl/e23NUp
  • https://goo.gl/x11mM3
  • https://goo.gl/W5sr1d

You can also read ...

Blue Economy Movement Gaining Traction in Africa
An increasing number of African countries are now embracing...
Japanese Prime Minister Shinzo Abe (C) speaks as European Commission President Jean-Claude Juncker (L) and European Council President Donald Tusk listen during  a joint press conference at Abe’s official residence in Tokyo on July 17.
Japan and the European Union signed a landmark deal on Tuesday...
The trade war began when Donald Trump introduced tariffs on imported steel and aluminum.
Rising trade tensions between the United States and the rest...
There are indications that investments in digital economy will...
Striking Amazon Employees in Europe Demand Better Working Conditions
Thousands of workers walked off their jobs on Tuesday at...
The parliament approved a five billion pound start-up capital for the fund called “Egypt Fund”.
Egypt is setting up a sovereign wealth fund with a capital of...
SNB to Raise Rates in 2019
The Swiss National Bank will continue tracking its eurozone...
Canada Growth Robust, Housing Sector Cooling
On July 13, the executive board of the International Monetary...

Trending

Googleplus