Bloomberg Toshiba Corp is set to post a seven-fold increase from a year earlier in April-September operating profit, the Nikkei reported without saying where it got the information. Despite the 50 billion yen ($458 million) in operating profit in the six-month period, the company will report a net loss because of the weak performance of a chip-making subsidiary and deficits ...

Bloomberg #DemonetisationDisaster was among the top trends worldwide on Twitter on November 8, the third anniversary of Indian Prime Minister Narendra Modi’s ban on high-value currency notes that has since been termed a “total failure” and a “draconian” act. The outcry comes on the day Moody’s Investors Service cut India’s credit rating outlook to negative, citing a litany of problems ...

Bloomberg The US Justice Department’s (DOJ) top antitrust enforcer said data collection practices of technology companies can raise competition concerns, the latest warning directed at the industry amid a broad investigation of its biggest companies. Makan Delrahim, the head of the antitrust division, said in a speech at Harvard Law School that the department is paying close attention to the ...