Thursday , April 27 2017

News

Toshiba warns it may not continue as ‘going concern’

Signage for Toshiba Corp. is displayed atop the company's headquarters in Tokyo, Japan, on Wednesday, May 13, 2015. An accounting probe of Toshiba's infrastructure and energy projects caused its default risk to jump the most in Japan, just as the creditworthiness of Sharp Corp. and Sony Corp. had been improving. Photographer: Akio Kon/Bloomberg

  Bloomberg Toshiba Corp., the 142-year-old conglomerate, warned on Tuesday it may not be able to continue as a going concern as it grapples with billions of dollars in losses from its Westinghouse Electric nuclear business. The disclosure came as the Japanese company reported earnings for the third quarter after ...

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India mulls private banks for $1.5trn funding gap

The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai in this July 26, 2011, file photo. India's central bank left interest rates unchanged on March 15, 2012 and warned of resurgent inflation risks, a hawkish stance that disappointed investors clamoring for the first rate cut since the aftermath of the global financial crisis.   REUTERS/Danish Siddiqui (INDIA - Tags: BUSINESS LOGO)

  Bloomberg India is considering turning to the private sector to help plug a chronic shortage of capital for infrastruc- ture projects. The Reserve Bank of India is proposing Asia’s third-largest economy offer licenses to private companies to set up infrastructure banks. That could help finance $1.5 trillion in roads, ...

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Dialog Semiconductor shares tumble after ‘Apple warning’

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  Bloomberg Dialog Semiconductor Plc’s shares plunged the most in more than 16 years after an analyst warned that Apple Inc. probably will cut back on the use of the company’s power-management chips. “There is strong evidence that Apple is developing its own power-management integrated circuits and intends to replace ...

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UK grocers secretly squeeze buyers as Brexit bites

UK grocers secretly squeeze customers as Brexit bites copy

  Bloomberg UK grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like ...

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