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Enterprise Information Roundup, Might 18

Commerce

Toshiba

deal OKd

In a prelude to an easing of commerce tensions between Washington and Beijing, Chinese language officers ended a months-long delay by approving Toshiba’s sale of a majority stake in its profitable microchip unit to a U.S.-led group.

A scarcity of approval by Chinese language regulators had held up the deal in what was broadly seen as a sign from Beijing about the way it may punish U.S. companies if the Trump administration adopted via on threats to impose tariffs on $150 billion in Chinese language-made items.

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