Monthly Archives: February 2017

Two senior Samsung Group executives offer to resign: Yonhap

SEOUL (Reuters) - Two senior Samsung Group [SAGR.UL] executives have offered to resign to take responsibility for the conglomerate's involvement in the graft scandal involving South Korean President Park Geun-hye, Yonhap news agency said on Friday, wit...

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Toshiba says it is considering sale of majority stake in chip unit

TOKYO (Reuters) - Toshiba Corp said on Friday it is looking to sell a majority stake in its prized flash memory chip business to plug a hole in its finances from a $6.3 billion writedown of its U.S. nuclear unit.

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Toshiba says not aware Westinghouse considering Chapter 11 filing

TOKYO (Reuters) - Toshiba Corp , responding to media reports, said on Friday it was not aware that its U.S. nuclear unit Westinghouse was considering filing for Chapter 11 protection from creditors - an option analysts say could jeopardize the entire g...

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