Toshiba Corp said on Monday it will sell almost all of its 60% stake in its air conditioning unit to its U.S. joint venture partner for $870 million, ahead of an expected rejig of a turnaround plan ...

Fall may be just around the corner, but the cool weather won’t last forever. Before you know it, it’ll be summer again, and unless you have central air or living in a colder climate, you’ll want to be ...

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Midea Holding Co. Ltd., a leading Chinese home electric appliances maker, will sell a 20 percent stake of its air conditioning division to Japanese electronics giant Toshiba. Midea signed the ...