1.TOSHIBA:Toshiba Corp said it now aims to break up into two companies instead of three and also unveiled a big boost to planned shareholder returns in an effort to appease angry investors. Its revised plan is still expected, however, to face much pushback from foreign hedge funds, many of...
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1.ALIBABA:-Alibaba Group Holding Ltd said on Friday that sales during its annual Singles’ Day shopping frenzy grew 8.5%, the slowest rate ever, underscoring strong regulatory and supply chain headwinds for China’s tech firms. The Chinese e-commerce juggernaut said sales, or “gross merchandise value” (GMV), over its 11-day Singles’ Day...
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1. VOLKSWAGEN :-Volkswagen Chairman Hans Dieter Poetsch will seek re-election at a coming annual general meeting, the carmaker said on Saturday. Poetsch, 70, became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions scandal – in which Volkswagen in 2015 acknowledged using illegal...
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