Bloomberg Olympus Corp is considering job cuts as the medical device and camera maker pushes forward with plans to almost double operating margin in the medium term, Chief Executive Officer Yasuo Takeuchi said. “The issue of personnel will naturally need to be addressed,” Takeuchi, who was promoted from chief financial officer in April, told reporters in Tokyo . “It’s a ...

Bloomberg A year after his arrest, Carlos Ghosn‘s strategy to exonerate himself from allegations of fraud and financial wrongdoing is becoming clearer: it’s all a conspiracy. Out on bail, the former chairman and chief executive officer of the global alliance between Nissan Motor Co, Renault SA and Mitsubishi Motors Corp intends to show that prosecutors, the trade ministry and the ...

Bloomberg Tata Steel Ltd plans to cut as many as 3,000 jobs across its European operations to cut costs in the latest blow to the region’s industry, with the move coming amid a heated general election campaign in the UK. About two-thirds of the reductions would be office-based staff, the company said in a statement. While the steelmaker didn’t give ...