Showing 1 - 10 of 16
Lockerbie: mid-air blast led to worldwide probe
AFP, Published on 12/12/2022
» LONDON - Just after 7:00 pm on Wednesday, Dec 21, 1988, Pan Am Flight 103 from London to New York was blown apart over the Scottish town of Lockerbie, killing all 259 people on board.
Toshiba in early talks with 10 potential buyout 'partners'
AFP, Published on 13/05/2022
» TOKYO: Troubled conglomerate Toshiba said Friday it has been approached by 10 potential investors as it weighs going private, a move that would be highly unusual in corporate Japan.
Toshiba shareholders reject spin-off plan in key vote
AFP, Published on 24/03/2022
» TOKYO - Toshiba shareholders on Thursday voted against a proposal to split the Japanese conglomerate into two, dealing a fresh blow to management that will likely spell further turmoil for the embattled company.
Toshiba CEO resigns ahead of vote on spin-off plan
AFP, Published on 01/03/2022
» TOKYO - Toshiba's CEO resigned on Tuesday, the Japanese conglomerate said, adding fresh uncertainty after already revising plans to split its businesses and just weeks before a key shareholder vote.
Flash chip output disrupted, warning over smartphone price hike
AFP, Published on 10/02/2022
» Operations at two Japanese factories producing flash memory chips have been disrupted by the contamination of industrial materials, chipmaker Kioxia said Thursday, as analysts warned of potential price hikes for the key smartphone components.
Toshiba unveils new plan to split into two companies
AFP, Published on 07/02/2022
» TOKYO - Japan's Toshiba on Monday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate.
Japan's Toshiba announces plan to split into three firms
AFP, Published on 12/11/2021
» TOKYO - Toshiba's board has approved a plan to split the storied Japanese conglomerate into three companies, it announced Friday, following tension with shareholders and a controversial takeover offer.
Toshiba to split business into three: report
AFP, Published on 09/11/2021
» TOKYO - Toshiba plans to split into three companies as early as 2023, a report said Tuesday, after a series of crises at the firm including the ouster of the board's chairman and a contentious buyout offer.
Toshiba shareholders vote to oust board chair
AFP, Published on 25/06/2021
» TOKYO - Toshiba shareholders voted to oust the board's chairman on Friday, in the latest twist for the company after scandals and losses, and a rare victory for activist investors in corporate Japan.
Toshiba CEO resigns as buyout offer stirs turmoil
AFP, Published on 14/04/2021
» TOKYO - Toshiba's president Nobuaki Kurumatani has resigned, the firm announced Wednesday, as a buyout offer from a private equity fund reportedly stirs turmoil inside the Japanese company.