Business

Toshiba flips back towards Western Digital group for chip unit sale

Toshiba flips back towards Western Digital group for chip unit sale

Korean chipmaker SK hynix remained silent on Sept 20 over reports that Japan-based Toshiba has made a decision to pick a Japan-US-Korean consortium as preferred bidder to buy its memory chip business unit. Bain Capital did not immediately respond to a request for comment. Toshiba declined comment. A representative for Bain was not immediately available for comment.


Thyssenkrupp and Tata Steel Sign Agreement to Merge Steel Units

Thyssenkrupp and Tata Steel Sign Agreement to Merge Steel Units

The two groups, which will finalise the deal in 2018, expect annual synergies of between 400 and 600 million euros ($480-720 million) and are likely to shed 4,000 jobs in production and administration. "As a priority, we will be pressing Tata to demonstrate their long term commitment to steelmaking in the United Kingdom by confirming they will invest in the reline of Port Talbot's Blast Furnace No 5".


Almost 500000 Ram pickups trucks recalled due to fire risk

Almost 500000 Ram pickups trucks recalled due to fire risk

The recall covers Ram 2500 and 3500 pickups and 3500, 4500 and 5500 chassis cabs equipped with 6.7-liter engines. The company sold 444,000 vehicles in the United States market, 46,000 vehicles in Canada, and 4485 vehicles outside North America.


K-pop group BTS breaks record, tops 73 iTunes charts worldwide

K-pop group BTS breaks record, tops 73 iTunes charts worldwide

The album's lead track " DNA " also quickly climbed the iTunes Top Songs Chart in 29 countries, debuting at #4 specifically in the US. For the album, BTS collaborated with The Chainsmokers' Andrew Taggart in the song "Best of Me" and Jungkook wishes that he could work with Justin Bieber .


Dollar Nursing Losses Ahead of Federal Reserve Policy Decision

Dollar Nursing Losses Ahead of Federal Reserve Policy Decision

ENERGY: Benchmark U.S. crude fell 36 cents to $49.53 per barrel in electronic trading on the New York Mercantile Exchange. The Nikkei 225 had surged almost 2 percent Tuesday to close at 20,299.38. member states to increase pressure on North Korea to give up its nuclear weapon ambitions. "The political heat will also rise in Germany and New Zealand ahead of weekend elections".



Equifax two top tech execs leave 'effective immediately'

It subsequently brought the portal back online. The key passages explain that the company "observed suspicious network traffic" on July 29th, "continued to monitor network traffic and observed additional suspicious activity" on the 30th and "took offline the affected web application that day".