Toshiba Corp has asked a U.S. court to dismiss a Western Digital Corp request for an injunction to prevent a sale of the Japanese firm's chip business, saying the court has no jurisdiction and that an injunction would cause irreparable harm. Western Digital, which jointly runs Toshiba's main semiconductor plant, has claimed that its partner has breached joint venture contracts as it pursues an $18 billion sale of the unit and is seeking an injunction to prevent any deal without its consent.[nL3N1JC082] In its filing with the Superior Court of California, Toshiba argued that their joint venture interests only cover a small portion of its flash memory semiconductor business and that the court has no jurisdiction as its primary place of business was Japan.
Qatar on Monday responded to a list of demands from Saudi Arabia and its allies after they agreed to give a defiant Doha another 48 hours to address their grievances. Details of the response were not immediately available, but a Gulf official told AFP that Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani had delivered it during a short visit to Kuwait, which is acting as a mediator in the crisis. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt had announced in the early hours of Monday they were pushing back a deadline for Qatar to agree to a list of 13 demands they issued on June 22.
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