(Reuters) -U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to Trump's tariffs with steep duties, in an intensifying trade war between the world's two largest economies that cast a shadow on global growth. China slapped additional duties of 34% on U.S. goods, set to go into effect April 10. It also announced curbs on...

(Reuters) - Japanese chipmaker Rapidus is negotiating with Apple ( AAPL ), Google and dozens of other potential clients to mass-produce advanced chips by 2027, the Nikkei business daily reported on Friday, citing the company's CEO Atsuyoshi Koike. A prototype chip line, which began partial operation on Tuesday at a plant in Hokkaido, is scheduled to be fully up and...

April 4 (Reuters) - Tesla's vice president of software engineering, David Lau, has told people at the company he is stepping down, Bloomberg News reported on Friday, citing people familiar with the matter. Lau, who has been with the automaker for more than 12 years, has held the vice president's role since 2017, according to his LinkedIn page. Tesla and...

(Reuters) -U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to Trump's tariffs with steep duties, in an intensifying trade war between the world's two largest economies that cast a shadow on global growth. China slapped additional duties of 34% on U.S. goods, set to go into effect April 10. It also announced curbs on...