Dec 3, 2014

Britain signs deal for nuclear plant project

Britain on Tuesday agreed to provide a financial guarantee to a Franco-Japanese joint venture that is seeking to build Europe’s largest new nuclear power development in the country. NuGeneration Ltd., a venture between France’s GDF Suez and Toshiba, has signed a cooperation agreement with ...

Jul 23, 2014

Toshiba may seek more than $1 billion in SK Hynix chip lawsuit

Toshiba Corp. said it may increase the damages it is seeking from SK Hynix Inc. over claims the South Korean semiconductor maker wrongfully acquired information related to memory chips. Toshiba filed a ¥109 billion civil suit in March with the Tokyo District Court after ...

Toshiba nearing Bulgaria nuclear reactor deal

Jul 3, 2014

Toshiba nearing Bulgaria nuclear reactor deal

Toshiba Corp. is close to striking a deal to build a nuclear reactor for a Bulgarian state-owned utility firm for about ¥500 billion, company sources said Thursday. The Japanese firm plans to build the reactor with output capacity of around 1.1 million kilowatts through ...

Apr 28, 2014

Japan Display shares fall

Japan Display Inc. shares plunged to 25 percent below last month’s initial public offering price in Tokyo trading after reporting preliminary earnings that missed its forecasts. Japan Display fell 16 percent to close at ¥672. That compares with the ¥900 IPO price before the ...

Mar 13, 2014

Thousands sue nuclear companies over Fukushima disaster

A class-action lawsuit against nuclear suppliers General Electric Co., Toshiba Corp. and Hitachi Ltd. has ballooned to more than 4,000 claimants seeking damages over the Fukushima crisis, according to the lead lawyer. The claimants, hailing from Japan and 32 other countries, including the United ...