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Toshiba to cut 4,000 jobs

Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. Toshiba delisted...

Toshiba to be delisted after 74 years

TOKYO: Toshiba will be delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down...

Toshiba gains breathing room with $5.4 billion share issue to overseas investors

TOKYO/HONG KONG: Toshiba planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs...

Toshiba sells TV business to China’s Hisense

TOKYO: Struggling Japanese conglomerate Toshiba said on Tuesday it has decided to sell its television business to China's Hisense Group as part of its...

Western Digital group to offer $17.4 billion for Toshiba chip unit: sources

TOKYO: A consortium that includes Western Digital is offering 1.9 trillion yen ($17.4 billion) for Toshiba's memory chip business, which the Japanese conglomerate is...

Foxconn says Apple, Amazon to join its bid for Toshiba chip business: Nikkei

Apple and Amazon.com will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on...

Google, Amazon eye Toshiba’s chip unit: report

TOKYO: Google and Amazon joined a list of potential buyers eyeing Toshiba’s lucrative memory chip business as the Japanese conglomerate seeks bidders to cover...

Toshiba flags hit of ‘billions of dollars’ on US nuclear acquisition

TOKYO: Toshiba said it may have to book several billion dollars in charges related to a US nuclear power acquisition, a shock warning that sent...

Investors flee Toshiba as hopes fade for quick scandal closure

Investors dumped shares in Japan's Toshiba Corp on Friday, as closure on the company's $1.3 billion accounting scandal appeared further out of reach after new revelations of losses at its US nuclear unit Westinghouse.

Humanoid robot starts work at department store

TOKYO: Dressed in a kimono and smiling, Aiko Chihira greets shoppers at the entrance of Tokyo's Mitsukoshi department store. But Chihira is no regular employee -- she is a humanoid robot.
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