Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Toshiba chairman Shigenori Shiga quits post over huge losses

Zee News Tuesday, 14 February 2017
Toshiba said on Tuesday its chairman Shigenori Shiga was stepping down from his post as the company warned it was set to book multi-billion-dollar losses in its US nuclear business.  
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Wibbitz Studio - < > Embed

News video: Toshiba chairman steps down as company takes $6.3B hit from nuclear unit

Toshiba chairman steps down as company takes $6.3B hit from nuclear unit 00:56

After a day of delays and confusion, Japan's Toshiba Corp said on Tuesday it would book a $6.3 billion hit to its U.S. nuclear unit, a write-down that wipes out its shareholder equity and leaves the loss-making group scrambling for capital. The company also said on Tuesday that its chairman,...

You Might Like


Other recent news in Business

US President Donald Trump to allow release of JFK FILESRBI says LINKING AADHAAR number to bank accounts mandatory
Sushma, new PAKISTAN envoy held cordial meeting: IslamabadAstros to move on to WORLD SERIES after defeating Yankees in ALCS Game 7
Scenes from last MILWAUKEE BUCKS' home opener at the BMO Harris Bradley CenterNEW ZEALAND aircraft maker guilty of breaching N Korea sanctions
O’Reilly Settled New Harassment Claims, THEN FOX RENEWED HIS CONTRACTMacau owner of world’s biggest Rolls-Royce fleet to raise HK$1.7 billion to complete luxury CASINO
PROJECT LOON partners with AT&T

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+