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Private equity firm Bain Capital could take Japanese conglomerate Toshiba private, report says

Various financial firms are also rumoured to be considering a bid for Toshiba aside from Bain Capit…

Sophie Kiderlin   


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Toshiba's CEO has stepped down but board members planned to oust him before the controversy over a $20 billion buyout bid, sources say

CEO Nobuaki Kurumatani resigned from Toshiba on Wednesday. Chairman Satoshi Tsunakawa, who led the …

Reuters,Kate Duffy   


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Toshiba to get restructured with new $2.5 billion credit line

Toshiba would be approaching its lenders for the new commitment line, as stated by a company spokes…

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Toshiba CEO resigns over massive accounting scandal

The scandal dates back to the reign of former Toshiba president Atsutoshi Nishida, who set his comp…

Jim Edwards,Reuters   


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Japan is worried that the massive Toshiba accounting scandal could scare away investors

A report by independent investigators released on Monday said Toshiba had overstated its operating …

Jim Edwards,Reuters   


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Toshiba shares crashed 12% after warning of a record loss

A man falls off the "gostra", a pole covered in grease, during the celebrations for the religious f…

Ben Moshinsky   


Ethan Wu   


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10 things you need to know before the opening bell

The ruble is sliding after Obama imposes fresh sanctions on Russia.Russia's currency trades down 1.…

Jonathan Garber   


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10 things you need to know before the opening bell

Bill Ackman folds on Valeant. Ackman's Preshing Square will sell its entire 27.2 million share stak…

Jonathan Garber   


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A demonstrator wears a mask depicting Brazil's former president Luiz Inacio Lula da Silva while cov…

Ben Moshinsky   


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10 things you need to know before European markets open

Japanese industrial production unexpectedly slumped. Japanese industrial production figures for Aug…

Mike Bird   


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Crude prices are down in the first trading session after OPEC-members failed to agree on output tar…

Oscar Williams-Grut   


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Yahoo is pushing back the deadline to close the $4.8 billion Verizon acquisition. The company annou…

Jonathan Garber   


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The 10 most important things in the world right now

7. Prime Minister Benjamin Netanyahu has rejected a call by Israel's opposition leader to take in S…

Dina Spector   


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A Bank of England member says rates in the UK won't rise anytime soon. Bank of England Monetary Pol…

Jonathan Garber   


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BlackRock is making a name for itself in private financing. The asset manager, the world's largest,…

Mike Bird   


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IBM posted a mixed quarter. The IT product and services provider announced earnings of $3.84 per sh…

Jonathan Garber   


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10 things you need to know before European markets open

Russia is wooing China ahead of a BRICS summit. Russian President Vladimir Putin and his government…

Mike Bird   


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Volkswagen AG is being sued for €3.3 billion (£2.6 billion, $3.7 billion) over the cover-up of its …

Oscar Williams-Grut   


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10 things you need to know before European markets open

International Monetary Fund praises Ukraine debt restructuring. In a visit to Kiev, IMF chief Chris…

Ben Moshinsky