Writedown

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Toshiba mulls life after memory chips

Japan’s Toshiba presents a plan to sustain the firm, calling it “Rebuilt Toshiba,” to keep afloat after a $6.3 billion writedown. That includes selling off its critical memory chips business. Ryan Brooks reports. Toshiba...

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Toshiba delays results but not problems

Japan’s Toshiba Corp shocks investors with a last-minute delay to a long-awaited financial update, saying it needs more time to probe its Westinghouse nuclear business. Ivor Bennett reports. Toshiba delays results but not problems

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BHP writedown sparks sector fears

BHP Billiton sheds 6 per cent, after it said it would write down the value of its U.S. shale assets by $7.2 billion, cementing expectations it will be forced to cut its dividend for...