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Toshiba’s slide into obscurity should worry shareholders

  In a country where government bailouts are common and with an alluring semiconductor unit that could net billions, Toshiba Corp. will probably stay in business even as it reels from record losses and the bankruptcy of its Westinghouse Electric nuclear energy unit. But a more pressing worry for investors is that with negative shareholder equity of 225.7 billion yen ...

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Why United won’t lose altitude in China!

  By mid-afternoon on April 10, Chinese online anger at United Airlines was running so hot that the hashtag #UnitedForcesPassengerOffPlane was receiving 20 million views per hour on the Sina Weibo social network. Such fury is more typically reserved for geopolitical spats with the likes of Japan and South Korea. It’s little wonder that the outrage earned the attention of ...

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UAE tops advertising spending in GCC region with AED1.5bn

  Dubai / WAM The UAE has topped the list of GCC countries in advertising spending in the first quarter of 2017 with AED1.5 billion, accounting for 46 percent of the total advertising expenditure across the Gulf region, according to TBWA Worldwide, a top 10 ranked global advertising network. The UAE is followed in the second place by Saudi Arabia ...

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