Business

SK hynix's consortium tapped as preferred bidder for Toshiba

SK hynix's consortium tapped as preferred bidder for Toshiba

The consortium's bid clears Toshiba's minimum of 2 trillion yen, or $18 billion. Toshiba Memory Corp is being sold by the company to raise the funds to plug a financial black hole caused by the Chapter 11 bankruptcy protection filing of USA nuclear power station builder Westinghouse.



Adobe reports 26.7 pct jump in quarterly revenue

DILLON MICHAEL A also sold $1.18 million worth of Adobe Systems Incorporated (NASDAQ: ADBE ) shares. The company was maintained on Tuesday, June 20 by Chardan Capital Markets. Therefore 89% are positive. Adobe Systems had 14 analyst reports since March 17, 2017 according to SRatingsIntel. The stock has "Outperform" rating by RBC Capital Markets on Friday, October 2.



Northern Ireland politics hits PM May's coalition talks

Declan Kearney, the party's chairman, said a DUP focus on Ms Foster's future role at Stormont "is completely misdirected and premature". The leader of the House of Commons, Andrea Leadsom, announced that the Conservatives would press ahead with presenting a Queen's speech next Wednesday, while negotiations continued with the DUP.


Trump Accuses Qatar of Funding Terrorism at a 'Very High Level'

Trump Accuses Qatar of Funding Terrorism at a 'Very High Level'

Turkey, like Qatar, has supported the Muslim Brotherhood , which led an elected government in Egypt in 2013 but was ousted from power by Egyptian President Abdel Fattah el-Sisi. Saudi Arabia also closed Qatar's only land border. The Saudi Arabian Monetary Agency also told banks licensed in the country that they should not process any payments denominated in Qatari riyals, the people said, asking not to be identified because the information is private.


APNewsBreak: Otto Warmbier's death investigated

APNewsBreak: Otto Warmbier's death investigated

Otto Warmbier returned to the U.S. from North Korea in a coma, and died less than a week later. "It's worth a forceful response". 13 June 2017 -He is released from North Korea and medically evacuated to the US. Three Americans remain in custody in the North. "U.S.A.", he tweeted in April. He says Warbier's treatment by North Korea "could be a crime against humanity".


IndiGo wins Skytrax awards for India's best low-priced airline

IndiGo wins Skytrax awards for India's best low-priced airline

Travelers from over 160 countries take part each year in the world's largest airline passenger satisfaction survey, across 41 key performance indicators of airline front-line product and service, to decide the award winners. He said over the last 15 years, the group has created a great brand and wants to move towards One AirAsia, a truly Asean community airline. "We also want to recreate ourselves as a digital airline and use technology to drive more value".