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Toshiba to go private as board accepts $15 bn takeover bid: reports
Toshiba to go private as board accepts $15 bn takeover bid: reports
by  AFP

Troubled Japanese conglomerate Toshiba on Thursday accepted a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners, major local media outlets reported. The Nikkei and other media including public broadcaster NHK said a buyout by a consortium of around 20 Japanese companies had been approved at a Toshiba board meeting.

Even free transport can't shake Luxembourg's love of the car
Even free transport can't shake Luxembourg's love of the car
by  AFP

Three years after Luxembourg declared all public transport free in a bid to clear its roads of jams and cut pollution, the car is still king of the congested Grand Duchy. So the wealthy country of just 650,000 people appeared the perfect place for a bold experiment -- making public transport on trains, trams and buses free nationwide.

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