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Taiwan Raises 2021 Growth Forecast on Post-Covid Recovery

(Bloomberg) Taiwan raised its economic growth forecast for this year as an export boom continues and it begins easing virus restrictions, giving a boost to consumption.

The government increased its full-year estimate for gross domestic product to 5.88% on Friday from a previous forecast of 5. ....

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Scouting News: Troop 31 Scouts earn Eagle rank


The friends and family of six Los Altos-based Scouts recently celebrated earning their Eagle Scout rank, the highest designation in Scouts BSA, formerly known as Boy Scouts of America.
Mountain View High graduates Noah Ghosh, Josh Lillie, Ian Ma, Tyler Marlett and Sam Thome and Stanford Online High School graduate Andrew Chiang of Saratoga were honored June 30 during a ceremony at Los Altos Lutheran Church, the headquarters for their weekly Troop 31 meetings.
To earn the Eagle rank, Scouts must complete a service project that benefits the community. Their projects included;
• Ghosh: retaining wall at Los Altos Lutheran Church.
• Lillie: redwood bridge play structure at Mountain View Parent Nursery School. ....

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Toshiba Set to Surge After CVC Capital Makes Buyout Offer


(Bloomberg)
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Toshiba Surges 18% Limit After CVC Capital Makes Buyout Offer Back to video
Toshiba Corp. surged its daily limit of 18% after confirming it received an initial buyout offer from CVC Capital Partners, setting the stage for potentially the largest private equity-led acquisition in years.
The Japanese conglomerate said it’s seeking more information while it weighs the proposal. Its board plans to meet Wednesday to discuss the potential deal, a person familiar with the matter said. Shares of Toshiba surged their most since 2017 to a four-year high in Tokyo, taking its 2021 gain to 57% and market value to roughly $19 billion. ....

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