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BUSINESS

Sony to spin off TV business into joint venture with Chinese maker TCL

Kyodo News, Published on 21/01/2026

» KYODO — Sony Corporation said Tuesday it will spin off its home entertainment business into a joint venture with major Chinese television maker TCL Electronics Holdings Limited as it seeks to boost its global competitiveness.

BUSINESS

Over 145 nations set to exempt US firms from global minimum tax deal

Kyodo News, Published on 06/01/2026

» WASHINGTON — US multinational companies will be excluded from a global minimum corporate tax rate set in 2021 under a deal agreed by more than 145 countries and regions, the US Treasury Department reported on Monday.