Industries News
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Indian hospitals are admitting more than just patients.
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Renesas Electronics Corp., the world’s biggest maker of automotive microcontrollers, plans to raise 100 billion yen ($1.3 billion) of capital and eliminate more than 10,000 jobs, according to the latest draft of a restructuring plan, a person briefed on the matter said.
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A plan to build Australia’s largest brothel is poised to overcome local government opposition in a victory for Sydney’s sex industry over creeping regulation.
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Graff Diamonds Corp., the London- based jeweler founded in 1960, plans to open 11 new stores in Asia, including eight in China, in the next two years after a $1 billion initial public offering in Hong Kong.
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