Business

Shares gain in Asia after China relaxes more COVID rules

Shares gain in Asia after China relaxes more COVID rules 1

BANGKOK — Shares advanced Tuesday in Asia after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. China’s National Health Commission said Monday that passengers…

Scandal-plagued Japan tech giant Toshiba gets tender offer

Scandal-plagued Japan tech giant Toshiba gets tender offer 7

TOKYO — Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a 2 trillion yen ($15 billion) tender offer from Japan Industrial Partners, a buyout fund made up of the nation’s major banks and companies. If the proposal succeeds, it…

Russia says it shot down Ukrainian drone near air base

Russia says it shot down Ukrainian drone near air base 17

KYIV, Ukraine — The Russian military reported Monday that it shot down a Ukrainian drone approaching an air base deep inside Russia, the second time the facility has been targeted this month — again revealing weaknesses in Russia’s air defenses.…