Toshiba

Toshiba CEO resigns as buyout offer stirs turmoil

  TOKYO, Japan (AFP) -- Toshiba's president Nobuaki Kurumatani has resigned, the firm announced Wednesday, as a buyout offer from…

Japan’s Toshiba cuts profit outlook again

TOKYO, Japan (AFP) -- Struggling Japanese engineering firm Toshiba lowered its profit forecasts Wednesday with rising costs weighing on its…

Toshiba completes $21 bn sale of chip unit

  TOKYO, Japan (AFP) -- Embattled conglomerate Toshiba on Friday completed the $21 billion sale of its prized chip unit to…

Tokyo stocks open lower; Toshiba down on share issuance

TOKYO, Japan (AFP) -- Tokyo stocks opened lower Monday morning following declines on Wall Street, with Toshiba plunging after the…

Toshiba sells TV business to China’s Hisense

TOKYO, Japan (AFP) -- Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China's Hisense Group…

Japan’s struggling Toshiba logs $436 mn loss in first half

TOKYO, Japan (AFP) -- Troubled Japanese conglomerate Toshiba said Thursday it logged a net loss of $436 million for the fiscal first…

Toshiba boss sorry as shareholders blast $18 bn chip sale

by Kyoko Hasegawa  Agence France-Presse CHIBA, Japan (AFP) -- Toshiba's president Tuesday apologized "sincerely" over the $18-billion sale of its prized memory…

Toshiba shares drop after $18bn chip unit sale deal

TOKYO, Japan (AFP) -- Toshiba tumbled Thursday after saying it would sell its memory chip business for around $18 billion,…

Toshiba says three groups vying for prized chip unit

TOKYO, Japan (AFP) -- Toshiba said Thursday that three groups are vying for its memory chip business, as reports said…

Toshiba shares jump as delisting fears ease

TOSHIBA, Japan (AFP) -- Toshiba shares jumped Wednesday on expectations it will meet a deadline to submit long-delayed earnings to…

Toshiba says deal to sell memory chip business delayed

TOKYO, Japan (AFP) -- Toshiba said Wednesday it has not yet reached a deal to sell its prized chip business…

Toshiba enters exclusive chip sales talks with US-SKorea-Japan group

TOKYO, Japan (AFP) -- Toshiba said Wednesday it will hold exclusive talks with a consortium of United States, South Korean…

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