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Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

(Reuters) – Covestro, the German chemicals maker in talks to be acquired by ADNOC, on Tuesday launched an efficiency programme t..

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

TOKYO (Reuters) – Toyota sold $2 billion worth of cross shareholdings of listed companies in the year that just ended, the Japan..

Oil prices steady as inflation worries limit summer demand optimism

Oil prices steady as inflation worries limit summer demand optimism

SINGAPORE (Reuters) – Oil prices were little changed on Tuesday after rising in the previous session as investors were cautious ..

Asian shares subdued, yen hits record low versus euro

Asian shares subdued, yen hits record low versus euro

SYDNEY (Reuters) – Asian shares were subdued on Tuesday while the battered yen hit a record low versus the euro, although the ri..

China’s BYD launches third EV model in Japan

China’s BYD launches third EV model in Japan

TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most exp..

London’s FTSE 100 flat; energy, miners lead decline

London’s FTSE 100 flat; energy, miners lead decline

(Reuters) – London’s FTSE 100 was flat on Monday as investors turned cautious ahead of key inflation data in the United St..

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

(Reuters) -British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley’s Frasers Group ..

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84%

(Reuters) – Dutch technology investor Prosus core headline earnings jumped 84% in the year to March 31, helped by a strong perfo..

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets

SINGAPORE (Reuters) -Oil prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and lifted the dollar..

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1

BERLIN (Reuters) -German residential property prices continued to fall in the first quarter of this year, dropping by an average of 5...