4y

Ongoing chip shortage throws wrench into Volkswagen production

Lack of semiconductors, especially from Malaysia, due to Covid-19 crisis driving up scarcity for German carmaker

4y

GM expands Chevrolet Bolt EV recall, adding US$1 bil in costs

2 manufacturing defects can be present in battery cells and lead to fires in rare circumstances

4y

China Telecom up 20% in Shanghai debut

This comes after company delisted by NY Stock Exchange in January

4y

Facebook puts out security curbs to protect users in Afghanistan

Tech giant says new measures also apply to Instagram, WhatsApp, following Taliban takeover

4y

OnlyFans will ban ‘sexually explicit’ content, but keep nudity

New policy to begin from Oct 1, follows concerns from company’s bankers, investors

4y

Strict quarantine risks Hong Kong’s hub status, European trade body warns

Residents ‘indefinitely trapped’ by disproportionately stringent measures, says group

4y

US regulators file fresh monopoly suit against Facebook

Company’s dominance bars ‘even an entrant with a superior product’ from succeeding in social networking market, says amended complaint

4y

Johnson & Johnson CEO to resign, cites ‘family health reasons’

Alex Gorsky has been chief exec since 2012, will be replaced with Joaquin Duato in January

4y

Bursa bounces back on buying interest in selected heavyweights

Ringgit, however, opens lower against greenback

4y

Oil prices tank, stocks mostly sink on Delta fears

Latest wave of Covid-19 infections spooks investors, may crimp global growth

4y

S. Korea court orders seizure of Mitsubishi assets over forced labour

Around 780,000 people conscripted by Japan during the 35-year occupation from 1910 to 1945

4y

Toyota cuts Sept production by 40% due to chip crunch

Spread of infectious Delta variant in Asean also impacts automaker's procurement of parts

4y

Sri Lanka ups interest rates as rupee hits record low

Move is to counter ‘imbalances’, ‘pre-empt the build-up of any excessive inflationary pressures’, central bank says