The total amount of operating profits Toshiba Corp. booked through inappropriate accounting in the five years through March 2014 is believed to have reached around ¥160 billion, sources have said. Source The Japan times
Russia’s oil output may decline next year due to a global reduction pact, Energy Minister Alexander Novak said on Tuesday, possibly halting an uninterrupted decade-long run of growth. Source: Reuters
The International Monetary Fund has approved a new $3.9 billion loan agreement for Ukraine, a small victory for President Petro Poroshenko ahead of the presidential election next year. Source: Radio Free Europe
Rome and Brussels appear to have resolved their disagreements and reached a compromise, after Prime Minister Giuseppe Conte promised the EU that his country would reduce its 2019 deficit. Source: Deutsche Welle
