Ford details new production cuts due to chip shortage

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.

Oil still king for investors in Saudi Arabia

Pipeline deal shows kingdom’s reliance on its mainstay

Internet access usage increase to 91.7% in 2020

Online business models go through changes too

Company seeks growth in building direct-to-consumer brands, aims to triple revenue this year

BV Land to raise RM2.58mil from IPO

PETALING JAYA: BV Land Holdings Bhd, which will make its debut on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (Leap) today, plans to raise RM2.58mil from its initial public offering (IPO).

MSIA timely to capture global demand for chips

PETALING JAYA: The government is ramping up efforts to enhance the productivity and competitiveness of its electrical and electronics (E&E) sector to capitalise on the booming global semiconductor market.

Celcom introduces Celcom MAX to maximise digital lifestyles

KUALA LUMPUR: Celcom Axiata Bhd has announced its all-new convergence offering, Celcom MAX, a one-stop shop for any home and mobile Internet and connectivity service.

Credit Suisse overhauls executive board as it estimates Archegos fallout at US$4.7bil

Zurich: Credit Suisse Group AG on Tuesday announced an estimated loss of 4.4 billion Swiss francs ($4.7 billion) from its relationship with Archegos Capital Management LP, suspended a share buyback programme and cut its proposed dividend.

Brand purpose at the fore

Maxis to forge closer ties with communities, businesses

Entertainment firm Endeavor files for IPO

NEW YORK: Endeavor Group Holdings Inc, the entertainment and Hollywood talent company, filed for an initial public offering (IPO) after shelving an earlier effort in 2019.