Toshiba says sells chip unit to Bain Capital for around $18 bn
Toshiba says sells chip unit to Bain Capital for around $18 bn
Tokyo - AFP
Toshiba said Wednesday it would sell its memory chip business to a group led by US investor Bain Capital, in a deal worth around $18 billion and seen as crucial to keeping the Japanese conglomerate afloat.
The sale to the consortium -- which includes US tech giants Apple and Dell as well as South Korean chipmaker SK Hynix -- caps a months-long saga that saw heated courtroom battles, rival bids and the near-delisting of one of Japan's best-known firms.
GMT 06:29 2017 Thursday ,09 November
Japan's struggling Toshiba logs $436 mn loss in first halfGMT 03:42 2017 Thursday ,10 August
Toshiba reports long-delayed earnings, posts $8.8 bn loss
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 13:31 2018 Saturday ,29 September
Hot weather to prevail across Kingdom today
GMT 01:51 2018 Wednesday ,24 January
Turkey clashes with Kurdish militia as US sounds alarm
GMT 17:00 2016 Tuesday ,12 April
TDIC signs an escrow account projects agreement with ADCB
GMT 04:19 2017 Sunday ,09 April
Rare dugong entangled in illegal fishing net rescued
GMT 18:23 2017 Wednesday ,05 April
Albanian police seize 2.3 tonnes of drugs in southern coastal regions
GMT 22:27 2017 Tuesday ,27 June
Brussels bombings claim casualties from over 40 countries
GMT 08:57 2017 Saturday ,11 November
Astonished of her exclusion from “The Voice”
GMT 12:00 2017 Wednesday ,29 November
Merkel 'horrified' by knife attack
GMT 15:15 2017 Friday ,17 November
Twitter to remove 'verification badge' from some accounts
GMT 21:21 2018 Monday ,22 January
Preemptive operation foiled terror attacks: Interior Minister
GMT 09:05 2018 Saturday ,20 January
Man City midfielder Fernandinho signs contract extension to 2020
GMT 05:57 2018 Thursday ,11 January
Works minister visits school project
GMT 11:55 2018 Saturday ,06 January
Cilic crashes out of Maharashtra Open
GMT 12:05 2015 Thursday ,30 July
New Suez Canal to boost free trade
GMT 07:32 2017 Wednesday ,20 December
Arab Coalition intercepts Riyadh-bound ballistic missile
GMT 05:54 2017 Sunday ,17 December
We will fight corruption ‘fairly and firmly,’ King Salman says
GMT 08:23 2017 Thursday ,06 April
Australia warns of Gallipoli terror threat
GMT 11:14 2017 Wednesday ,13 December
Palestinian Ambassador calls on COAS
GMT 05:00 2017 Tuesday ,07 March
Sony releases report on the future of selfies
GMT 22:19 2017 Monday ,11 December
Speaker: Parliamentary delegation to visit Iraq
GMT 09:11 2017 Tuesday ,11 April
Al-Basher to Start Kuwait Visit Tuesday
GMT 13:16 2017 Saturday ,08 April
High school part timers staged sit in next to Education Ministry
GMT 07:16 2017 Monday ,06 March
China trims GDP target, citing severe challenges
GMT 13:30 2015 Saturday ,21 November
Pogba, Evra and Khedira mentally fit to play
GMT 23:41 2017 Tuesday ,26 September
Erdogan warns of ‘ethnic war’ risk over Iraqi Kurdish
GMT 22:49 2017 Wednesday ,09 August
Qatari Premier meets FIFA President
GMT 18:09 2017 Saturday ,30 September
NSC meeting to review internal, external security issues
GMT 11:34 2017 Saturday ,28 January
Writer Daly Yousef discuss social values
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