Japan’s Toshiba to cut 4K jobs in restructuring efforts
Japan's Toshiba Corporation announced plans to cut up to 4,000 jobs domestically as part of an accelerated…
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Toshiba
Japan’s Toshiba set to end 74-year stock market history after $13.5bn deal
Japan's Toshiba Corp. announced on Thursday that it is set to end its 74-year stock market history, following a…
Japan’s Toshiba to sell down Kioxia stake, return much of proceeds to shareholders
Japan’s Toshiba Corp said on Monday it planned to sell down its 40.2 percent stake in flash memory chips firm…
Toshiba’s JV with Egyptian Elaraby opens regional HQ in South Africa
Toshiba El-Araby, a joint venture between Egyptian consumer electronics distributor and maker Elaraby and Japan's…
Toshiba seeks to increase business volume to $100 mln
The Japanese multinational conglomerate, Toshiba Corporation, is seeking to increase its business volume in Egypt…
Toshiba Q2 profit jumps on strong memory chip demand
Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong…
Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale
Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1…
Toshiba probed by Japan securities watchdog over results filing: source
Japan’s securities watchdog is investigating Toshiba Corp’s (6502.T) accounting in its latest earnings statement…
Toshiba signs deal to sell chip unit to Bain-Apple group for $18 bln
Toshiba agreed on Thursday to sell its chip division for 2 trillion yen ($17.7 billion) to a Bain Capital-led…
Toshiba to sell chip business to Bain-led group for $18 billion
Troubled Japanese conglomerate Toshiba has agreed to sell its prized memory business to a group comprising Bain…
Toshiba to focus on chip talks with Bain, but doesn’t rule out other suitors
Toshiba Corp said on Wednesday it has agreed to focus on selling its prized chips unit to a group led by Bain…
Bain, SK Hynix group ups bid for Toshiba chip unit to $22 bln: sources
A group including Bain Capital and South Korea’s SK Hynix has raised its offer for Toshiba Corp’s chip business to…
Western Digital offers to exit Toshiba chip bid for better joint-venture terms
Western Digital has offered to drop out of a bid for Toshiba's lucrative semiconductor business in return for a…
Toshiba may gain auditor sign-off, reducing delisting risk: media
Toshiba Corp may gain a partial endorsement from its auditor for its annual financial results after disagreements…
Asian markets turn cautious after Fed raises interest rates
Asian equities turned cautious on Thursday after the U.S. Federal Reserve raised interest rates for the second…
Toshiba to file results as early as noon with disputed opinion from auditors
Toshiba will file its twice-delayed October-December results as early as noon (0300 GMT) Tuesday, with a disclaimer…
Toshiba to seek loan support from creditor banks Tuesday: sources
Toshiba Corp will meet creditor banks on Tuesday to ask them to accept as collateral shares in its memory chip unit…
Toshiba likely to miss quarterly earnings deadline for 3rd time-sources
Toshiba Corp will likely miss a third deadline to report its quarterly business results, two sources told Reuters,…
Asia markets mostly higher, UK Brexit formalisation ahead
Asian markets were mostly higher on Wednesday, as markets await the formal move by the U.K. to start an historic…
Toshiba’s Westinghouse may file bankruptcy Tuesday: Nikkei
Westinghouse Electric, the U.S. nuclear unit of Japan's Toshiba, could file for bankruptcy protection as early as…
Toshiba shares drops as crisis deepens
Shares in Toshiba Corp tumbled on Wednesday after it said it would consider a sale of Westinghouse but did not…
Asian markets mostly lower, Toshiba plunges 12%
Asian stocks struggled on Wednesday, as traders awaited a rates decision from the U.S. Federal Reserve and Dutch…
Toshiba misses 3Q deadline, considers strategic options for Westinghouse
Japan's Toshiba Corp failed to submit audited third-quarter earnings for a second time on Tuesday, gaining a one…
Toshiba Tec shares rise over 6% on sale report
Shares in Toshiba Tec Corp (6588.T) rose more than six percent in early Monday trading after a report that Toshiba…
Asia markets trade mixed, Toshiba shares rise 10.89%
Japan's Nikkei 225 traded down 0.18 percent, while across the Korean Strait, the Kospi was up 0.18 percent. In…
Asian stocks mixed despite Wall Street’s gains
Asia stock markets traded mixed Thursday, despite U.S. stocks closing at fresh highs for a fifth-straight day…
Asia markets edge up, Toshiba shares tumble more than 10%
Asian markets traded mostly higher Wednesday, tracking U.S. gains following remarks from Federal Reserve Chair…
Toshiba to put a suspension to nuclear power plant business ambitions
Toshiba will suspend its nuclear construction ambitions after its Westinghouse unit incurred losses that could…
Toshiba mulls booking big loss on US nuclear power takeover
Toshiba announced on Tuesday it was considering booking a goodwill impairment loss of several hundreds of billion…
El-Araby Group to showcase latest Japanese tech solutions at Cairo ICT 2016
Egypt’s electronics and home appliances maker, El-Araby Group will participate in the 20th round of Cairo ICT, the…
Japan’s regulator approves Canon deal to buy Toshiba unit, warns on method
Japan's anti-monopoly regulator has approved Thursday Canon Inc's (7751.T) acquisition of Toshiba Corp's…
Toshiba detects more accounting errors, promises improvement
Japan's Toshiba Corp disclosed additional accounting irregularities on Tuesday after a multi-billion dollar…
BMW, Toshiba, Imtenan join Egypt’s anti-counterfeit campaign
The Bavarian Auto Group, sole importer of BMW in Egypt, as well as Toshiba Egypt-El Araby Group, and Imtenan Health…
Toshiba to sell sensor business to Sony, overhaul chip unit
Japan's Toshiba Corp said on Wednesday it will sell its image sensor business to Sony Corp and overhaul its…
Toshiba to sell sensor business to Sony for around $165 million
Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million) as…
Toshiba may sell 40% Stake of Egypt-based TV Manufacturing Facilities – Report
Japan's Toshiba Corp is reportedly in talks to sell off 40% of its 51% stake in TV manufacturing facilities in…
Japan’s Toshiba to Invest about 200 Billion Yen a Year in Chip Business
Japanese conglomerate Toshiba Corp will maintain an annual investment of around 200 billion yen ($1.9 billion) into…
President’s Advisor: Egypt’s Public Sector Requires Restructuring
Dr Ahmed Soliman, Advisor to President Morsi for projects, said the public sector in Egypt is suffering from…
Toshiba Withdraws from Elpida’s Bidding
Toshiba Corp is no longer bidding for bankrupt Japanese chip maker Elpida Memory; leaving a handful of foreign…
Toshiba Pays $850m for IBM’s Retail Products Unit
Japanese electronics giant Toshiba said Tuesday it would pay about $850 million for IBM's retail products unit,…