Toshiba says Western Digital overstating rights over chip business

TOKYO (Reuters) - Toshiba Corp said its business partner Western Digital Corp had been "persistently" overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale.

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Currencies: Euro weakens after German election results

The euro fell on Monday, weakening in the face of election results out of Germany, which saw a win for German Chancellor Angela Merkel’s conservative alliancesupport for her party and gains for the far-right.

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