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WASHINGTON :Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. Commerce Department said Tuesday, sending the U.S. chipmaker’s shares up 10 per cent before the bell.…

LONDON : Allegra Berman, global head of institutional sales at HSBC, is leaving the bank at the end of September, according to an internal memo seen by Reuters on Tuesday. Berman joined the bank in 2013, and took over her…