Toshiba Corp CEO Nobuaki Kurumatani Steps Down

Toshiba Corp. said Wednesday that Chief Executive Nobuaki Kurumatani had stepped down and Satoshi Tsunakawa, its former chief operating officer, was its new chief executive. The change in leadership came as several shareholders publicly questioned […]

Chip Shortage Could Last Longer Than Expected

Recent weather disruption in Texas and damage from a recent factory fire for Japanese auto-chip maker Renesas Electronics Corp. has added a further twist to the saga of scarce chip supply, meaning tightness could take […]

India keeps lending rates unchanged

India’s central bank left its lending rate unchanged, though it warned that the recent surge in Covid-19 cases in the country could weigh on the domestic growth outlook. The “monetary policy committee voted unanimously to […]

Canada Annual CPI Rises 1.1% in February

Canada’s annual inflation rate accelerated in February, supported by higher prices for gasoline. Canada’s consumer-price index rose 1.1% on a year-over-year basis in February, Statistics Canada said Wednesday, slightly faster than the 1% increase recorded […]

EU to Consider Tightening Coronavirus Vaccine Export Ban

The European Union will consider tightening its export ban to stop vaccines going to countries that aren’t exporting doses to it, European Commission President Ursula von der Leyen said Wednesday. Without providing details or a […]

Facebook bans Myanmar Army TV station page

After the political crisis in Myanmar, the social platform Facebook banned Army TV stations, and the United States, Australia and the United Kingdom condemned the “coup.”