Toshiba says it plans to split into three firms, rejects calls to go private

Toshiba says it plans to split into three firms, rejects calls to go private

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-HoonTOKYO, Nov 12 (Reuters) – Japanese industrial conglomerate Toshiba Corp (6502.T) outlined plans on Friday to break up into three independent companies by spinning off two core businesses – its energy and infrastructure business as well as … Read more

UK’s Virgin Money revives dividend, targets cost savings

UK's Virgin Money revives dividend, targets cost savings

People walk past a Virgin Money store in central London, Britain, July 27, 2021. REUTERS/Henry NichollsNov 4 (Reuters) – Virgin Money UK (VMUK.L) reinstated its dividend on Thursday as earnings recovered from the COVID-19 pandemic, with the bank setting new medium-term growth targets for margins and cost savings.”We performed very strongly in FY21, with an … Read more