Wednesday, April 12, 2017

A Giant About To Fall Silent

Toshiba warns it may not survive amid massive Westinghouse losses

Toshiba – one of the best known names in electronics – is in crisis, saying its very survival is in doubt. The Japanese conglomerate’s latest results reveal much bigger than previously estimated losses for the nine months through to the end of last year. Toshiba risks its shares being delisted from the Tokyo Stock Exchange and…