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Pipeline deal shows kingdom’s reliance on its mainstay
DETROIT: Ford Motor Co yesterday outlined another series of plant shutdowns due to the global semiconductor chip shortage, with five facilities in the United States and one in Turkey affected.
All eyes on major tech firms after strong earnings start
Netflix Inc co-Chief Executive Officer Reed Hastings realized $612.13 million from exercising his stock options in 2020, a year of bumper subscription growth for the video-streaming giant
BANGALORE: Ronnie Screwvala pioneered cable television in India in the 1980s and then built a unicorn that was acquired by Walt Disney Co. At 64, the entrepreneur’s latest venture UpGrad is speeding toward a landmark US$1bil (RM4.10bil) valuation.
BANGKOK: Thai equities face new hurdles as the country’s worst Covid-19 outbreak will further squeeze corporate earnings and delay an economic recovery, according to Thailand’s second-biggest private money manager.
TOKYO: Japan's Sony Corp on Wednesday said it expects operating income to slip 4.3% this business year following record profit from sales of music, gaming and other content to people forced to stay at home by COVID-19 lockdown measures.
Asia-Pacific will see more action in the private equity space as economic climate improves
Buffett said that while the odds of profiting from day trading stocks and derivatives are better than playing the state lottery, many new investors would have better results buying and holding shares of good companies.
KUALA LUMPUR: The Walt Disney Company has appointed Astro as an official distributor of the Disney+ Hotstar streaming service in Malaysia which will be launched on June 1.