Australian news, and some related international items

Involvment in nuclear power may have dealt Toshiba corporation a mortal blow

The financial problems are mounting.

The auditors have refused to certify Toshiba’s accounts — a highly unusual signal of doubt about the company’s ability to recover its financial health

Toshiba casts doubt on ability to stay in business after nuclear power push falters, Tampa Bay Times, New York Times Tuesday, April 11, 2017  Toshiba, a pillar of the modern Japanese economy whose roots stretch back to the country’s industrial stirrings in the 19th century, warned on Tuesday that a disastrous foray into nuclear power may have crippled its business beyond repair.


April 12, 2017 - Posted by | Uncategorized

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