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(Bloomberg) -- The Samsung group plans to raise spending by more than 30% to 450 trillion won (about $360 billion) over the half-decade to 2026 to shore up businesses from chips to drugs, as South Korea’s conglomerates grapple with growing economic and supply shocks.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysWhy So Few Big
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Korean automaker Kia kicked off this year’s New York Auto Show with a splash, with the world premieres for two of its best selling models.