Sharp Rebuts Latest Rumours
Sharp has issued a further denial to reports in Nikkei this week that it is planning job cuts, capital enforcement and a revised earnings forecast. Nikkei had claimed that Sharp was seeking a ¥200 billion ($1.6 billion) capital injection from its main banks,Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, which was ¥50 billion ($410 million) … Read more