Himani Sarkar

Toshiba Asks Creditors Not To Call In Loans

by

Toshiba Corp (6502. T) met creditors on Tuesday and asked them not to use provisions in debt agreements to call in their loans early, giving the troubled company time to work out a turnaround plan, sources with knowledge of the matter said. It was the first such meeting since the conglomerate, which is still recovering … Read more

Japan Defends Toyota After Trump Broadside Over Mexican Plant

by

The Japanese government defended Toyota Motor Corp (7203. T) on Friday as an “important corporate citizen” of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars. Trump has repeatedly hit out at U.S. companies for using lower-cost factories abroad at the expense of … Read more