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Closing down 4. 6 by nearly 1,200 points. It is the worst drop in points since september 2008, when a plan to rescue the us Banking Industry after the financial crisis was rejected and the worst single day point decline in history. With me is karishma wasvani, our business correspondent. In two trading days the fall of the dow has been more than 1800 points. What is because of this mayhem as i was talking to some traders before we we re was talking to some traders before we were meant to have this discussion on air. A lot of them we re discussion on air. A lot of them were saying to me this morning that really this is a natural reaction to what many people have called an overheated stock market in the us. It seems counterintuitive, doesnt it . The fact that the us economy is doing quite well, job growth has been relatively strong, we are hearing about this from the Donald Trumps ....
President tanaka attended an emergency Board Meeting on tuesday with norio sasaki and atsutoshi nishida. They told Board Members they were quitting. Sasaki had been serving as vice chairman and nishida as an adviser to the board. On monday, members of a special panel released the findings of a investigation into irregularities at toshiba. In the report they blamed executives for inflating profits. They said there was a systematic problem at the firm that went all the way to the top. They also said toshiba will have to write down operating profits between fiscal 2008 and 2014 by about 1. 2 billion. The Panel Members found irregularities in a wide range of toshibas businesses, including infrastructure building, semiconductors, and personal computers. Members of the panel met with reporters on tuesday after issuing the report. ....
President tanaka attended an emergency Board Meeting on tuesday with norio sasaki and atsutoshi nishida. They told Board Members they were quitting. Sasaki had been serving as vice chairman and nishida as an adviser to the board. On monday, members of a special panel released the findings of a investigation into irregularities at toshiba. In the report they blamed executives for inflating profits. They said there was a systematic problem at the firm that went all the way to the top. They also said toshiba will have to write down operating profits between fiscal 2008 and 2014 by about 1. 2 billion. The Panel Members found irregularities in a wide range of toshibas businesses, including infrastructure building, semiconductors, and personal computers. Members of the panel met with reporters on tuesday after issuing the report. ....
Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the ni ....
The Financial Times is one of the worlds leading economic newspaper. Its circulation was 137,000 last year with 70 of that from online subscriptions. Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering ....