Toshiba has taken a significant step by agreeing to a buyout led by Japan Industrial Partners (JIP). This move will result in Toshiba going private, with the consortium acquiring almost 80% of its shares. CEO Taro Shimada celebrated this development: “We’re stepping toward a new future with new shareholders.” This comes after a tumultuous period […]
Related Posts
Renewed Efforts for Peace in Sudan
The United States and its international partners are stepping up efforts to renew peace negotiations in Sudan, focusing on halting a conflict that has led to significant harm. Recent talks in Jeddah, Saudi Arabia, have brought cautious optimism from the US about reaching a ceasefire to facilitate humanitarian aid. These negotiations involve the Sudanese Armed […]
Lack of prosecution in cases of corruption in the Colombian public administration
From 2010 to 2023, 94% of corruption complaints against public administration in Colombia remained without conviction, announced the Secretary of Transparency, Andrés Idárraga. In a press conference unveiling the country’s inaugural map of impunity, it was revealed that out of 57,582 filed complaints associated with corruption, none resulted in a conviction for nearly 94% of […]
Uruguayan companies face challenges amid economic differences with Argentina
The economic crisis in Argentina has led to a notable trend of Uruguayans crossing the border in search of more affordable food and fuel. However, this influx of cross-border shopping has resulted in a crisis for businesses in the border region of Uruguay. While the Argentine peso has experienced a significant devaluation of approximately 25% […]