Sept 11 Reuters Global tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google39;s parent Alphabet are falling behind, risking a return to prepandemic levels, a Brusselsbased NGO said in a report. Business travel last year approached prepandemic levels but trailed behind leisure trips, as geopolitical conflicts and a […]

BENGALURU, Sept 11 Reuters Ford Motor has held talks with India39;s southern state of Tamil Nadu to explore producing vehicles for exports, Tamil Nadu39;s chief minister M.K. Stalin said on Wednesday. The U.S. automaker had stopped making cars in India three years ago after struggling to boost sales in a market dominated by Asian rivals. Had […]

MADRID, Sept 11 Reuters Zara owner Inditex reported a rebound in recent sales of its first autumnwinter collections on Wednesday, offsetting a slowdown in sales in the first half of the year that was in line with analysts39; expectations. The fashion giant said its sales between Aug. 1 and Sept. 8 saw an 11 boost in […]

Sept 11 Reuters Abu Dhabi National Oil Company ADNOC is expected to make a formal offer to acquire Covestro for about 14.4 billion euros 15.90 billion including debt, the Financial Times reported on Wednesday. Having circled the German chemicals firm for more than a year, ADNOC in June won the target company over to disclose more […]

BENGALURU, Sept 11 Reuters Shares of Tata Motors  India39;s largest carmaker by revenue fell 5.6 on Wednesday to log their thirdworst day this year after UBS said rising discounts could hurt the results of Jaguar Land Rover JLR, its British luxury car division. This is the stock39;s steepest decline in a ninesession losing streak where […]

FRANKFURT, Sept 11 Reuters Italy39;s UniCredit said on Wednesday that it had acquired a 9 stake in Germany39;s Commerzbank and will explore value creating opportunities for all stakeholders in both banks. The purchase makes UniCredit one of Commerzbank39;s largest shareholders and follows speculation in recent years that the Italian lender could be interested in taking over […]

Boohoo to cease operations at Pennsylvania centre by Nov. 11 Boohoo had previously called site 39;complete gamechanger39; Will return to fulfilling US orders direct from UK To take writedown Shares down 2 LONDON, Sept 11 Reuters Online fashion retailer Boohoo said on Wednesday it would stop supplying U.S. customers from a site in Pennsylvania and return […]

DUBAILONDON, Sept 11 Reuters Abu Dhabi39;s Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the matter said, in potentially the first IPO of a major Gulf airline as the UAE39;s capital ramps up effort to become a global travel hub. Etihad, owned by sovereign wealth fund […]