The U.S. State Department has approved the potential sale of equipment to refurbish and modernize AH-1Z and UH-1Y helicopters to the Czech Republic for an estimated cost of $650 million, the Pentagon said on Wednesday.
The U.S. Export-Import Bank plans "aggressive" measures to restore its standing in the business community and to bump up credit volumes running at roughly a quarter of their levels from 2014 before it was hobbled first by Congress and then a global pandemic, the bank's new.
Japan's Toshiba Corp walked away from potential private equity buyout offers at a substantial premium, as well as advanced talks for a minority stake from Canada's Brookfield, according to three people familiar with the matter.
Toshiba Corp's second-largest shareholder on Wednesday objected to the Japanese conglomerate's plan to split itself into three companies and called on it to instead solicit offers from potential buyers.