Japanese conglomerate Toshiba Corp. said it now plans to separate itself into two standalone companies, instead of three.
The company, which in November last year had announced its plan to separate itself into three companies, now said the fastest, most effective and efficient way for sustainable profitable growth and compelling benefits would be to separate into two standalone companies and to divest certain non-core assets.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.