• COMPUTERS
    Toshiba Awaits Regulator Approval for Key Chip Unit Sale

    HIGHLIGHTS The firm had agreed to sell its memory chip business to Bain Capital Toshiba had expected to meet all the sale conditions by March 23 It’s China’s anti-trust law” that is holding up the sale: Toshiba Embattled Japanese conglomerate Toshiba said Monday it was still waiting for regulators to approve the key sale of its chip […]

  • NEWS
    China Regulator Says Didi, Uber Deal Will Need Mofcom Approval

    A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of US rival Uber could face its first hiccup after China’s commerce ministry (Mofcom) said on Tuesday it had not received a necessary application to allow the deal to go ahead. Didi’s acquisition of Uber’s China operations, announced on Monday, will create a […]