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☆ TSMC ignores geopolitical elephant in room
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

Executives at the $324 billion Taiwan Semiconductor Manufacturing (2330.TW) barely addressed questions regarding Washington's technology export controls on China during its earnings call on Thursday. Against a worsening geopolitical backdrop and looming global recession, such deliberate ambiguity will be cold comfort to shareholders. Analysts at Bernstein say TSMC could lose anywhere between 0.4% and 5% of its 2023 revenue. Rising tensions between Washington and Beijing, which claims sovereignty over Taiwan, will make it harder for TSMC to stay neutral and continue to sell to both sides. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Japan Industrial Partners-led group looking to buy Toshiba for $19 bln -Kyodo
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Oct 12 (Reuters) - The consortium of mostly domestic firms led by Japan Industrial Partners (JIP) is looking to buy Toshiba Corp (6502.T) for 2.8 trillion yen ($19.13 billion), Kyodo reported on Wednesday citing unnamed sources. The reported acquisition price marks a premium of about 26% from Toshiba's current market value of 2.22 trillion yen. Register now for FREE unlimited access to Reuters.com RegisterJIP's consortium will put up about 1 trillion yen and likely borrow the rest from financial institutions, Kyodo reported. It said the price could still change depending on Toshiba's share price and valuation premium. Asked about the report, a Toshiba spokesperson said the company could not comment on candidates as doing so could undermine fair process.

☆ Toshiba India to supply batteries for EVage's electric vans
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Oct 11 (Reuters) - The Indian unit of Japan's Toshiba (6502.T) will supply its SCiB rechargeable lithium-ion cells for 10,000 electric delivery vans made by Indian start-up EVage, the companies said on Tuesday. This is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans and will help EVage vehicles with battery safety and performance, the companies said. Chandigarh-based EVage had raised $28 million from U.S.-based venture capital firm RedBlue Capital earlier this year, to help complete its factory in northern India and begin delivery of vehicles. read moreRegister now for FREE unlimited access to Reuters.com RegisterLike electric vehicle (EV) makers Rivian in the United States and Arrival in the UK, EVage is betting on delivery companies globally to shift to cleaner mobility. Register now for FREE unlimited access to Reuters.com RegisterReporting by Meenakshi Maidas in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

Oct 11 (Reuters) - Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. Nuclear power is also key for countries to meet global net-zero carbon emission goals and could be on the cusp of a boom seen after the 1970s oil crisis. Cameco will own 49% of Westinghouse, while Brookfield Renewable and its institutional partners will own the rest. Westinghouse was acquired from Toshiba Corp (6502.T) by Brookfield Business Partners , an affiliate of Canadian asset manager Brookfield (BAMa.TO), out of bankruptcy in 2018, for $4.6 billion, including debt. Brookfield Renewable and its partners will pay about $2.3 billion for the deal, whereas Cameco will incur equity costs of about $2.2 billion.

☆ SINAI Technologies raises $22 mln backed by Energize Ventures
▼ + stars: | 2022-09-27 | by ( Juliette Portala | ) www.reuters.com time to read: +2 min

SummarySummary Companies SINAI helps companies cut emissions and reallocate capitalArcelorMittal, Natura, Toshiba, Siemens among SINAI customersPresidio Ventures, NEC Translink Capital take part in roundSept 27 (Reuters) - U.S.-based SINAI Technologies, which produces technology to help companies measure carbon emissions and recommends ways of mitigating them, has raised $22 million from investors including Energize Ventures to fund growth, it said on Tuesday. "But it's ultimately up to the (companies) to decide where they are going to invest." Eileen Waris, principal at Energize Ventures, said that SINAI had cut through a climate space which could be considered as "crowded" by early-stage companies. "I have no doubt they will make it to the next round of funding," she stated. Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala ; Editing by Carolyn Cohn and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ Japan Investment Corp to set up 2nd Toshiba restructuring plan -Kyodo
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022. REUTERS/Issei KatoTOKYO, Sept 21 (Reuters) - State-backed Japan Investment Corp (JIC) is considering a second proposal for Toshiba Corp's (6502.T) restructuring plan, breaking off with Japan Industrial Partners (JIP) with which it linked up in the first round of bidding, Kyodo news reported on Wednesday. Toshiba has sought strategic proposals and restructuring plans, including going private after a buyout. JIP and JIC disagreed over the best proposal for Toshiba, prompting JIC to consider a new partnership with other funds that passed Toshiba's first bidding round, including Bain Capital or CVC Capital Partners, Kyodo said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Kantaro Komiya, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Chubu Electric joins all-Japan Toshiba buyout consortium
▼ + stars: | 2022-09-17 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022. REUTERS/Issei KatoTOKYO, Sept 18 (Reuters) - Chubu Electric Power Co (9502.T) said on Sunday it is joining private equity firm Japan Industrial Partners (JIP) in conducting due diligence for a potential buyout of Japanese conglomerate Toshiba Corp (6502.T). JIP has contacted more than 10 companies including Chubu Electric, Orix Corp (8591.T) and Central Japan Railway Co (JR Central) (9022.T) to participate in its consortium, the Nikkei newspaper reported on Sunday. Toshiba said it does not comment on candidates for the potential buyout. JR Central did not immediately respond to a request for comment.

☆ Весенний Black Friday: 7 дней грандиозных скидок
▼ + stars: | 2021-05-24 | by ( Mld Media Srl | ) noi.md time to read: +7 min

С 24 по 30 мая Maximum объявляет весенний Black Friday — скидки будут абсолютно на все товары! К примеру, телевизоры LG 32LK610BPLC с объемным звуком, экраном на 32 дюйма и активным HDR будут стоить всего 3999 леев. А если вы остановите свой выбор на телевизоре QLED 55" Smart Samsung QE55Q60TAUXUA, то сможете приобрести его со скидкой в 2170 леев! Беспроводные пылесосы Dyson V8 Absolute+ SV10 вы сможете приобрести за 7499 леев — на 1500 леев дешевле обычного. В рамках акции вы сможете приобрести эту модель за 549 леев.

Persons: LG 32LK610BPLC, JBL, Sharp, Dyson, —, Philips QP2520, Колонок Organizations: Samsung, Samsung Galaxy, Redmi, LG, Smart Samsung, HP, ABA, AMD, Bosch, Toshiba, Remington, TCL TAC, Рекомендации / Распродажа Locations: Молдова

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