Friday, 13 May 2022

Toshiba in early talks with 10 potential buyout 'partners'

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.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/toshiba-in-early-talks-with-10-potential-buyout-partners

Honda yearly earnings solid despite chip crunch

Japanese auto giant Honda said Friday net profit rose 7.6 percent in the financial year to March, benefiting from strong motorbike sales and a weaker yen.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/honda-yearly-earnings-solid-despite-chip-crunch