We asked our readers last week to help set up Olympus with a decent partner. As prospective Valentines go, it’s fair to say that the troubled Japanese camera firm brings an amount of baggage to the table money problems, questionable relationships and a damaged reputation, to name a few.
The extent of its money problems became a bit clearer yesterday, when the company said that it expects to report a loss of $410 million in its full-year accounts at the end of March. It stressed that the poor performance was not caused by its recent accounting scandal, which involved the revelation by its former chief executive that the company had...
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