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(Reuters) -U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales.
WASHINGTON (Reuters) -The U.S. auto industry and United Auto Workers union on Friday urged Congress to tie billions of dollars in government funding to boost semiconductor production to help fill the needs of automakers forced to slash production because of chip shortages.
SEOUL (Reuters) - Nikola Corp on Friday warned of supply constraints of batteries, chips, touch screens and other parts.
KUALA LUMPUR: Glove maker Careplus Group Bhd posted a net profit of RM123.5mil in the first quarter on increased sales volume and higher average selling prices (ASPs).
(Bloomberg) -- Copper soared to an all-time high as optimism about a global rebound from the pandemic boosts commodities markets.
Glove makers gave the FBM KLCI the much-needed lift as the Covid-19 cases rose to 4,498 – the highest since late January – while also advancing were IHH Healthcare and plantations. At 5pm, the KLCI was up 9.12 points or 0.58% to
Google said it will create a new safety section in its Play mobile-app store that will let Android smartphone users see what data developers collect about them and share, plus give access to additional privacy and security information.
CHINA is turning to its state-owned coal power companies to helm the next stage of the country’s renewables push, as the sector becomes less attractive to other investors.
SHARES of Covid-19 vaccine developers in Asia got some relief after the German Chancellor rejected a U.S. proposal to waive patent protections for coronavirus shots.