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Toshiba’s president Nobuaki Kurumatani has resigned, the firm announced Wednesday, as a buyout offer from a private equity fund reportedly stirs turmoil inside the Japanese company. The resignation came as reports said two other funds were considering their own offers for the Japanese household name, potentially setting up a bidding war. In a statement, Toshiba
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Apple on Thursday announced a $200 million (roughly Rs. 1,490 crores) fund to invest in timber-producing commercial forestry projects, with the goal of removing carbon from the atmosphere while also generating profit. The Restore Fund, launched in partnership with Conservation International and Goldman Sachs, expected to have its first projects targeted later this year. “Nature
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