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Toyota raises offer for Toyota Industries by 15%

Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan to take the forklift maker…

Saks Global Files for Chapter 11 Bankruptcy

Saks Global’s high-wire financial act is finally over. The company, which just over a year ago bought Neiman Marcus Group for $2.7 billion, filed for Chapter 11 bankruptcy late Tuesday —…