Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
TOKYO Dec 27 Toshiba Corp said on Tuesday it was considering booking a one-off loss of about 100 billion yen ($850 million) on a U.S. nuclear power acquisition made by its Westinghouse operation last year.
The Japanese electronics conglomerate said it would make any necessary announcements following a board meeting on the matter on Tuesday.
The potential loss relates to the acquisition of Chicago Bridge & Iron's (CB&I) nuclear business unit in October last year. CB&I and Westinghouse are involved in litigation over the calculation of working capital in the deal. (Reporting by Chris Gallagher; Editing by Sam Holmes)
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