Headlines

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure

LONDON/SINGAPORE (Reuters) -The Australian dollar rallied after a surprise jump in inflation on Wednesday raised the prospect of anoth..

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

LONDON (Reuters) – U.S. meal delivery group Doordash flagged an interest in a takeover of Britain’s Deliveroo last month, ..

Miner BHP’s carbon emissions to rise slightly this year

Miner BHP’s carbon emissions to rise slightly this year

MELBOURNE (Reuters) -BHP Group’s operational carbon emissions are set for a “small increase” this financial year, an..

Analysis-France may be next test of the euro’s foundations

Analysis-France may be next test of the euro’s foundations

FRANKFURT/PARIS (Reuters) – “Because it’s France” was how Jean-Claude Juncker, European Commission president a..

Oil ticks up on inventory drawdown outlook, Middle East risks

Oil ticks up on inventory drawdown outlook, Middle East risks

SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopol..

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..