US Stock Reports, Quotes and News
WASHINGTON (Reuters) – The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working.
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(Reuters) – Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
BEIJING (Reuters) – Xiaomi (OTC:XIACF)\’s CEO said the company will offer more details about its production capacity and delivery plan…
(Reuters) -The holding company of Italy\’s Agnelli family has overseen a shakeup at the top of two of its major industrial groups, with Scott Wine quitting his post as CEO of farm and construction machinery group CNH to be replaced by Iveco boss Gerrit Marx.
SHANGHAI (Reuters) – Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion in the first quarter in a bid to shore up the sliding stock market, funds\’ latest quarterly reports show.