RSS Feed

Calendar

Search

Tag Cloud

Archives

The Economist (April 9)

2022/ 04/ 11 by jd in Global News

“Toshiba was once synonymous with Japan’s industrial might.” Over the past decade, it “has become a byword for drama,” which has included accounting fraud and an ongoing “series of ‘slapstick’ struggles between management and shareholders.” A possible buy-out led by Bain Capital has “raised hopes among investors for some sort of resolution to the saga.” This could potentially prove a watershed moment and “be a big deal for Japan.”

 

[archive]