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TSMC says could fill order gap if unable to sell chips to Huawei

HSINCHU, Taiwan (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) could quickly fill any order gap should U.S. restrictions against Huawei Technologies Co Ltd [HWT.UL] prevent sales to the Chinese firm, the company’s chairman said on Tuesd... More »

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TSMC says still in talks about subsidies for new U.S. plant

HSINCHU, Taiwan (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said on Tuesday. “We hope federal and state governments could make... More »

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Norway’s wealth fund voted against Shell climate target motion

OSLO (Reuters) – Norway’s $1 trillion wealth fund voted against a motion at Shell’s annual meeting urging the energy giant to set climate targets, despite a push the fund is making for more firms to do so. Long-term investors with $10.4 trillion of assets unde... More »

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Statoil to become Equinor, dropping ‘oil’ to attract young talent

OSLO (Reuters) – Shareholders in Norway’s largest company, Statoil (STL.OL), will approve on Tuesday the board’s proposal to drop “oil” from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels’ impact on climat... More »

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Credit Suisse chairman sees more efficiency work ahead

ZURICH (Reuters) – Credit Suisse still has work ahead after making good progress towards achieving targets set for a three-year turnaround, Chairman Urs Rohner told the group’s annual general meeting on Friday. “Quite clearly, we still have plenty of work to d... More »

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Samsung Elec rejects calls for holding company structure, for now

Kwon Oh-Hyun, co-chief executive officer of Samsung Electronics Co., speaks during the company’s annual general meeting at the Seocho office building in Seoul, South Korea, on Friday, March 24, 2017. REUTERS/SeongJoon Cho/Pool Samsung Electronics Co Ltd (00593... More »