An auditors sign off on its much delayed results and avoids delisting but analysts warn its future still hangs in the balance. And Silicon Valley is setting an example when it comes to paid Maternity Leave in america. But will the rest of the country follow . Welcome to World Business report. Im sally bundock. Also in the programme, facebook revamps its television offering. Challenging you choose and other television networks. We will fill you in on that injust a moment. But first, the mystery over how much money toshiba is losing or making could soon be solved. The troubled Japanese Tech Giant says auditors have signed off its Financial Results for the year to the end of march. This comes after months of delays and should mean toshiba avoids an immediate delisting from the top tier of the Tokyo Stock Exchange. It has now been revealed toshiba made an 8. 8 early in dollars loss. 8. 8 made an 8. 8 early in dollars loss. 8. 8 billion dollars. So whats gone wrong for the 40 year old japan
(Bloomberg) Sony Group Corp.’s shares slid the most in almost three months after its proposal to buy Paramount Global raised financing concerns.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading: Markets WrapThe stock dropped as muc
That Japan turned to TSMC for help on an industry it once dominated reflects the Taiwan chipmaker s dominant position in the foundry business and Tokyo s heightened concern over China s growing prowess in a wide swathe of technology.
By Sam Nussey and Miho Uranaka TOKYO (Reuters) - Chipmaker TSMC formally opens its first Japanese plant on Saturday, highlighting the Taiwanese firm's critical role in Tokyo's multi-billion dollar efforts to reboot its once-mighty semiconductor man.