FRANKFURTDUBAI, Dec 21 Reuters Covestro is in openended talks with Abu Dhabi National Oil Co ADNOC, a spokesperson for the German plastics and chemicals maker said on Thursday, following a report that the oil giant is preparing to up its takeover bid for the company. The statement comes after ADNOC submitted a preliminary offer of around 60 […]

MUMBAI, Dec 21 Reuters India39;s Bandhan Bank on Thursday said that it will sell its stressed home loan portfolio to an asset reconstruction company. The bank has approved the transfer of 7.76 billion rupees 93.23 million in home loans, which were overdue by more than 180 days to an asset reconstruction company ARCs, it said in […]

TOKYO, Dec 21 Reuters Toyota Motor shares slumped on Thursday as Japan39;s transport ministry inspected a subsidiary over safety concerns dating back decades and as the world39;s topselling automaker separately also announced a recall of 1.1 million vehicles. Shares in Japan39;s biggest automaker were down 3.8 by the end of morning trading. A day earlier, Toyota39;s […]

Reuters Micron Technology forecast quarterly revenue above market estimates on Wednesday, and its shares jumped nearly 5 in extended trading on signs of memory chip recovery in 2024 after one of the most significant downturns in years. Demand for flash storage and dynamic random access memory DRAM should keep improving next year, while at the same […]

Reuters Warner Bros Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish to discuss a potential deal between the two companies, a source told Reuters on Wednesday. The talks were first reported by Axios on Wednesday, citing multiple sources. Zaslav has also spoken to Shari Redstone, who owns Paramount39;s parent company, about a deal, Axios […]

Dec 21 Reuters Social media platform X, formerly known as Twitter, was restored globally early Thursday, with over 77,000 U.S. users facing issues at the peak of the outage. Users in Canada, Britain, France and other countries reported issues with accessing both X and X Pro, earlier known as TweetDeck. Over 7,000 users in Canada […]