Bloomberg Toshiba Corp. is sticking with its plans to sell its memory chip unit despite regulatory hurdles, said Nobuaki Kurumatani, who took over as the chief executive officer and chairman of the Japanese electronics maker this month. It would take “substantial material” changes for the company to invoke its right to terminate its sale agreement with a group led by ...

Bloomberg China’s trial programme for encouraging technology giants like Alibaba Group Holding Ltd. to list their shares at home is drawing positive early reviews, a sign their stocks may soon be available in the world’s most populous country. Lei Jun, co-founder and chief executive officer of smartphone maker Xiaomi Corp., voiced support for the effort to allow companies to issue ...

Bloomberg John Flannery’s reshaping of General Electric Co. is getting underway. After taking the helm in 2017, the chief executive officer promised to shed businesses from lighting to locomotives in a bid to simplify the beleaguered manufacturer. Complexity, he said, was at the root of many of GE’s problems. He started following through April 2 when one of the company’s ...