Westinghouse could be sold by year's end, U.S. seen telling India

Jul 3, 2017

Westinghouse could be sold by year's end, U.S. seen telling India

The U.S. administration has told India that Westinghouse Electric Co. will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm.India, like other nuclear nations, ...

May 18, 2017

U.S. energy chief Perry likely to visit Japan in June

U.S. Secretary of Energy Rick Perry may visit Japan in early June to have talks with Minister of Economy, Trade and Industry Hiroshige Seko, sources said.Their talks are expected to cover the situation of struggling electronics and machinery maker Toshiba, including the reconstruction of ...

/ Apr 8, 2017

Toshiba's auditor cutting it close on earnings report

Toshiba Corp. had not received auditor approval for its April-December earnings report as of Friday morning, informed sources said the same day.Its deadline for submitting the financial statement is Tuesday. If it fails again, it will have to request another extension or be delisted. ...

Apr 7, 2017

Trump, Tokyo huddle on ways to keep Westinghouse out of China's hands

The Trump administration and the Japanese government are in discussions to ensure that the bankruptcy of Toshiba Corp.’s U.S. unit, Westinghouse Electric Co., does not lead to U.S. technology secrets and infrastructure falling into Chinese hands, a U.S. official said on Thursday.Westinghouse filed for ...