Tokyo, Japan | (Xinhua | Japan Industrial Partners Inc., a Tokyo-based investment fund, announced Monday it will launch a 2 trillion yen (about 14 billion U.S. dollars) tender offer for Toshiba Corp. on Tuesday, a move that would end the company’s 74-year history as a public company. The tender offer …
Read More »Toshiba shares dive as questions swirl over huge losses
Tokyo, Japan | AFP | Toshiba shares plunged again Wednesday as it warned of a $6.2 billion writedown in its US nuclear power business and announced a probe into possible wrongdoing by the unit’s senior executives. One of Japan’s best-known firms, Toshiba shocked investors Tuesday when it failed to report …
Read More »Japanese give Uganda thermal power boost
Toshiba, Uganda sign geothermal power agreement as Japan announces plan to spend $30b on African energy When President Yoweri Museveni met a Japanese delegation led by Prime Minister Shinzo Abe in Nairobi August 28, he knew exactly what Uganda needed from Japan. At a brief meeting at the sixth Tokyo International …
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