By Doina Chiacu and Nathan LayneWASHINGTON (Reuters) - U.S. Commerce Secretary Howard Lutnick said on Sunday that smartphones, computers and some other electronics, just exempted from steep tariffs on imports from China, would face separate new duties along with semiconductors within the next two months.Lutnick’s comments on ABC’s "This Week" flagging the coming levies on critical technology p ...
LONDON (Reuters) - HSBC has appointed Richard Blackburn as group chief risk and compliance officer, the bank said on Thursday, confirming him in a role he has held on an interim basis since January.Blackburn, who has been with HSBC for over 20 years, will also serve on the Group Operating Committee which is the bank’s most senior decision-making group under CEO Georges Elhedery. 3rd party Ad. N ...
Investing.com -- The supervisory board of STMicroelectronics NV (NYSE:STM), a Franco-Italian company, has expressed renewed support for its Chief Executive Officer Jean-Marc Chery, Chief Financial Officer Lorenzo Grandi, and the entire management team. This backing comes a day after the Italian government publicly withdrew its support for the chipmaker’s management.The board’s endorsement wa ...
By Shashwat Chauhan and Purvi Agarwal(Reuters) - Wall Street’s main indexes fell on Thursday, coming off a blistering rally following U.S. President Donald Trump’s move to temporarily lower the heavy tariffs on dozens of countries.The U-turn came less than 24 hours after the new tariffs took effect on most trading partners, lifting the S&P 500 to its biggest single-day percentage gain sinc ...