situation report

Japan: Toshiba Chairman Resigns Amid Bankruptcy Speculation

Feb 14, 2017 | 12:09 GMT

Shigenori Shiga, the chairman of Japanese electronics and energy giant Toshiba Corp., will resign on Feb. 15 to take responsibility for losses of around $6.3 billion related to the firm’s nuclear business, Nikkei Asian Review and AP reported Feb. 14....

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