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Toshiba accepts $15.3b buyout bid from Japanese consortium

BLOOMBERG  Toshiba Corp accepted a buyout offer from a Japanese consortium, according to people familiar with the matter, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved a bid of about 2 trillion yen ($15.3 billion) from a group led by domestic private equity firm Japan Industrial ...

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US set to gain military access in North Philippines near Taiwan

BLOOMBERG Philippine President Ferdinand Marcos Jr said the US will gain expanded access to military sites in northern Philippines close to Taiwan, as well as in Palawan province near South China Sea, paving the way for greater American presence in key locations as tensions with Beijing linger. Marcos said at a televised briefing that the four additional sites under the ...

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Zelenskiy visits troops near besieged Bakhmut

BLOOMBERG Ukrainian President Volodymyr Zelenskiy visited frontline positions near the besieged city of Bakhmut in the eastern Donetsk region, a focus of fierce battles with the Russian army in recent months, and was briefed about the situation on the ground. Zelenskiy earlier condemned what he called “murderous” Russian strikes on Ukraine overnight using drones, as well as fresh missile attacks ...

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