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Taiwan's Foxconn says Toshiba deal 'not over'

The head of Taiwan's tech giant Foxconn said Thursday its pursuit of Toshiba "is not yet over", a day after the Japanese firm announced it preferred another group of bidders to acquire its prized chip business.

dateJun 22, 2017 in Business
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S&P cuts troubled Toshiba's credit rating

Standard & Poor's cut its credit rating on Toshiba again Friday, warning that the troubled company's finances were quickly deteriorating owing to huge losses at its US nuclear unit.

dateMar 17, 2017 in Business
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