By Sam Nussey
TOKYO (Reuters) - Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership.
Toshiba delisted in December due to a $13 billion takeover by a consortium led by private equity firm Japan Industrial Partners (JIP), capping a decade of scandal and upheaval.
The consortium's efforts to engineer a turnaround at Toshiba are... (continue reading...)
By Luiza Ilie
LUDESTI, Romania (Reuters) - Before a medical caravan organised by Romania's hard-right opposition AUR party drove up to her village in April, Florina Purcareanu had not had a blood test in more than 15 years.
To get it, she would need to travel some 25 km (16 miles) to the state hospital in the nearest town and like many in her village of Ludesti in central Romania she does not have a car, and public transport links are... (continue reading...)
By Ari Rabinovitch
JERUSALEM (Reuters) - Israel's Arrow defense systems helped thwart Iran's massive missile and drone attack last month, and a number of countries are now interested in purchasing the technology, said the developer's chief executive.
Iran's overnight attack between April 13 and 14, repelled by Israel's multi-tiered defense shield with the help from allies, included more than 100 ballistic missiles.
The Arrow... (continue reading...)
(Reuters) - European shares opened on a sombre note on Thursday, dented by automobile and energy stocks as multiple industry heavyweights traded ex-dividend, countering gains in insurance stocks like Swiss Re and Zurich Insurance following upbeat earnings.
The pan-European STOXX 600 was unchanged as of 0725 GMT, after gaining for nine straight days.
The benchmark index hit a record high on Wednesday, as lesser-than-expected rise in U.S.... (continue reading...)
ISTANBUL (Reuters) - The Turkish competition authority said on Thursday that it decided to fine Google over its failure to fulfil obligations regarding a part of its local search services.
The authority said it will fine the company daily five ten thousandths of its 2023 revenues until it complies with the competition board's decisions, starting from April 15.
The board said the fine was imposed as previously implemented measures by... (continue reading...)
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