Nokia ( NOK ) Corp is actively searching for a new CEO as it struggles with declining sales and a depressed share price. What Happened: The Finnish telecom equipment giant has approached potential candidates to replace current CEO Pekka Lundmark, who has been at the helm since 2020. The search is ongoing, with at least one headhunter involved in the...

Microsoft ( MSFT ) has announced a reduction of about 650 jobs in its gaming division. The job cuts are part of a strategic realignment to efficiently manage the expanded gaming portfolio. The stock has shown growth, rising by 13% since the start of the year. Microsoft Corp ( MSFT ) is cutting about 650 jobs in its gaming division...

* Labour group CITU-backed Samsung strike enters fifth day * The protests cast shadow on Indian PM Modi's manufacturing goals * Group plans unions at electronics firms Flex and Sanmina ( SANM ) By Munsif Vengattil and Praveen Paramasivam CHENNAI, Sept 13 (Reuters) - A labour strike in India that has disrupted production at a Samsung plant has put the...

(Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries from China's state-driven industrial practices. The U.S. Trade Representative's office said that many of the tariffs, including a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV...