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SEOUL (Reuters) - Hyundai Motor has so far avoided a chip shortage that has plagued global automakers, largely maintaining its stockpile of chips last year and even accelerating purchases towards the end, three people with knowledge of the matter said.
(Reuters) - Billionaire Jeff Bezos-backed space venture Blue Origin said on Thursday that it has delayed the launch of its heavy-lift New Glenn rocket to the fourth quarter of next year.
NEW YORK: GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer’s stock price would stabilise after a fierce rally and steep dive that upended Wall Street in January.
KUALA LUMPUR: Kerjaya Prospek Group Bhd's (KPGB) net profit for the financial year ended Dec 31, 2020 (FY20) fell to RM90.59 million from RM140.18 million posted a year ago
NEW YORK:Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output after a deep freeze disrupted production last week
SAN FRANCISCO: Lucid Motors chief executive officer Peter Rawlinson told Reuters that the luxury electric car maker plans to launch a rival to Tesla Inc’s Model 3 in 2024 or 2025.
KUALA LUMPUR: Bumi Armada Bhd’s extension of the final maturity date for its Tranche 1 facility to Nov 23,2022 from May 2021 previously has not sat well with analysts.
SYDNEY: The Reserve Bank of Australia (RBA) would really prefer if its currency didn’t trade above 80 US cents, eroding the competitiveness of its exports sector just as the economy is trying to recover from the pandemic.
KUALA LUMPUR: Destini Bhd is expanding its maintenance, repair and overhaul (MRO) services in the rail sector through a joint venture with Keretapi Tanah Melayu Bhd (KTMB).
NEW YORK: Oil prices settled near year-long highs on Tuesday on signs that global coronavirus restrictions were being eased, although concerns about the pace of a U.S. economic recovery and the return of Texas oil production kept gains in check.