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TAIPEI: A global shortage of chips for mid-end consumer products is starting to ease and will be much better come the second half of the year, a senior executive at Taiwan's Acer, the world's No. 5 personal computer vendor by shipments, said on Tuesday (Apr 6). From delayed car...

The French state will be able to raise its shareholding in Air France to nearly 30per cent and become its biggest shareholder under a state-backed refinancing to help the airline through the COVID-19 crisis, French Finance Minister Bruno Le Maire said on Tuesday

Dolce & Gabbana is not in talks with French luxury group Kering over a possible tie-up, the chief executive of the Italian fashion company said in an interview published on Tuesday.

Credit Suisse on Tuesday said it was replacing senior managers and reducing proposals for its 2020 dividend and executive compensation as it grapples with the estimated 4.4 billion Swiss franc (US$4.69 billion) fallout from its relationship with Archegos Capital Management LP.

MORUS Technologies, which runs neobanking startup StashFin, has raised US$40 million in Series B extension equity financing from global investors.

MORE than six in 10 respondents in a recent UOB poll said they are open to choosing Singapore Overnight Rate Average (Sora)-based products.

SINGAPORE: Singapore Airlines (SIA) is taking steps to raise its service standards by moving to a new customer case system that will support “consistent and more personalised service”, the airline said on Tuesday (Apr 6). SIA has engaged customer relationship management firm Salesforce to develop ...

REUTERS: Silicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday said they will work together to build autonomous delivery trucks that Gatik will use to serve its retailer customers. Gatik, which works with Walmart Inc in Arkansas and Louisiana and Loblaw Companies ...

A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.

WASHINGTON :World Bank President David Malpass said on Monday he expects China, the United States and other Group of 20 major economies to extend a freeze in bilateral debt service payments through the end of 2021 when they meet this week.