business restructuring News

Nissan Announces Strategic Shutdown of Select Japanese Factories Amid Business Restructuring

Nissan Motor Co., Ltd. is temporarily suspending operations at select Japanese factories as part of a business restructuring effort to combat overproduction. The future of these pl...

Alibaba Sells Intime Department Store Arm for $1 Billion Amid Restructuring

Alibaba Group sells its department store arm, Intime, to Youngor Fashion for 7.4 billion yuan ($1.02 billion) as part of its strategic business restructuring.