by Malik Runswick | Apr 7, 2021 | Business News
Toshiba is considering a buyout offer from a British private equity fund, it said on Wednesday, with reports suggesting the deal could be worth about $20bn (£14.5bn). Trading of Toshiba shares was halted on Tokyo’s stock exchange at the open, after the Japanese firm confirmed the offer in a statement. Toshiba said it “received an […]
by Malik Runswick | Feb 25, 2021 | Business Economics
MEXICO CITY—Argentina’s leftist government is unlikely to reach a deal with the International Monetary Fund to repay $44 billion in debt before the country’s October midterm elections, extending the uncertainty for South America’s second biggest economy, according to...
by Malik Runswick | Feb 3, 2021 | Business Ideas
Commerce secretary Anup Wadhawan on Wednesday said that negotiations over the India-US mini trade deal are ongoing and contentious issues have largely been addressed.
“The sticking points have largely been addressed. There are no sticking...
by Malik Runswick | Jan 16, 2021 | Business Law
Procter & Gamble has called off its planned takeover of women’s razor startup Billie, citing regulatory action to block the deal as anti-competitive. The Federal Trade Commission filed a complaint last month alleging the deal was “likely to result in significant...
by Malik Runswick | Jan 1, 2021 | Business Education
A “landmark” deal has been agreed to end a long-running dispute on job security, pay and hours for Royal Mail workers. The Communication Workers Union (CWU) said it was an “excellent agreement” for postal workers, customers and the company. The settlement includes a...