Qualcomm Appoints CFO Akash Palkhiwala To Additional Role Of COO

RTTNews | hace 576
Qualcomm Appoints CFO Akash Palkhiwala To Additional Role Of COO

(RTTNews) - Qualcomm Inc. (QCOM) announced Tuesday the appointment of Akash Palkhiwala to the expanded role of Chief Financial Officer and Chief Operating Officer. In addition to his CFO responsibilities, as COO, he will now have oversight for the global go-to-market organization and operations, and IT.

Palkhiwala's appointment will be effective immediately and he will continue to report directly to Cristiano Amon, President and CEO of Qualcomm.

Palkhiwala has served as CFO since 2019. Previously, he was Senior Vice President and finance lead for QCT, Qualcomm's semiconductor business. He joined Qualcomm in 2001, and during this time has held several finance leadership roles including Treasurer, Financial Planning & Analysis, and Corporate Development.

He has been part of the senior finance leadership team for more than 15 years. Prior to joining the Company, Palkhiwala was an Analyst at KeyBank.

read more
Yen Falls Amid BoJ Uncertainty

Yen Falls Amid BoJ Uncertainty

The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews | hace 1h 49min
European Shares Set For Cautious Open Ahead Of Powell Speech

European Shares Set For Cautious Open Ahead Of Powell Speech

European stocks may open on a cautious note on Friday, with Federal Reserve Chair Jerome Powell's comments at Jackson Hole, Wyoming, likely to be in the spotlight amid an otherwise quiet day on the economic front.
RTTNews | hace 1h 54min
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | hace 2h 56min
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | hace 3h 6min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews | hace 4h 5min
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
RTTNews | hace 4h 30min
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews | hace 4h 56min
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
RTTNews | hace 5h 24min