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LONDON: Carmaker Volkswagen, plane maker Airbus and energy major Royal Dutch Shell all posted bumper financial earnings on Thursday reflecting a generally buoyant mood among European companies emerging from the coronavirus pandemic.
Among the top read stories are the moratorium, EPF, Digital Nasional Bhd’s appointment of Ericcson and the EMCO.
Bank Negara’s backing on the nation’s transition to a virtual economy is seeing many players wanting a piece of the pie
(Bloomberg) -- The global chip shortage is going from bad to worse with automakers on three continents joining tech giants Apple Inc. and Samsung Electronics Co. in flagging production cuts and lost revenue from the crisis.
STOCKHOLM: Finnish telecoms group Nokia said on Tuesday it plans to cut between 5,000 and 10,000 jobs within the next two years to trim costs and invest more in research capabilities.
While VW is one of the largest auto producers, it’s now pitted against companies that have routinely disrupted industries, casting former leaders aside in the process.
NEW YORK: Robinhood Markets Inc has reduced the number of companies with trading restrictions to eight from 50, ahead of yesterday’s trading session, according to an update on its website.
ROBINHOOD Markets Inc. reduced the number of companies with trading restrictions to eight from 50, ahead of Monday’s trading session, according to an update on its website.
FRUSTRATED investors who sued after getting locked out of trading in frenzied shares like GameStop Corp. aren’t likely to have much luck in court either.