October 2024 – Page 39 – UAG Trade Asia

Abu Dhabis ADNOC to Buy German Chemicals Company Covestro for 18B

October 1, 2024
Business
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BERLIN, Oct 1 Reuters Abu Dhabi state oil giant ADNOC said on Tuesday that it has agreed to buy German chemicals producer Covestro for 15.9 billion euros 18 billion including debt, sending Covestro shares up 4 in early trade. The deal represents one of the biggest foreign takeovers by a Gulf state as Abu Dhabi and […]

October 1, 2024
Oil
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Oil steady in early trade Softer Chinese PMI data casts demand doubts OPEC additional supply expected in December Investors weigh escalating tensions between Israel and Lebanon SINGAPORE, Oct 1 Reuters Oil prices were little changed on Tuesday as stronger supply prospects and tepid global demand growth outweighed worries that escalating tensions in the Middle East […]

October 1, 2024
Uncategorized
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Factory activity in Japan shrinks in September, slows in Taiwan South Korea39;s export growth slows on soft U.S. demand China39;s stimulus may offer relief for Asia39;s exporters TOKYO, Oct 1 Reuters Asia39;s factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a challenging outlook, privatesector surveys showed, keeping policymakers […]

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Abu Dhabis ADNOC to Buy German Chemicals Company Covestro for 18B

Oil Little Changed as Demand Worries Offset Mideast Fears

Asias Factory Activity Hit by Global Uncertainty, Focus on China Stimulus

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