Abu Dhabi’s ADNOC to acquire German chemicals firm Covestro for $16.4 billion
Abu Dhabi’s state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Robinhood launches crypto transfers in Europe as it pushes overseas expansion
Retail investing platform Robinhood is setting sights on an EU expansion as part of broader plans to increase its global foothold.
Chinese EV brands Li Auto and Zeekr report record deliveries for September
Nio, BYD, Xiaomi and Aito, co-developed by Huawei, had yet to release September deliveries as of Tuesday afternoon.
Cybersecurity firm Proofpoint considers pre-IPO funding as it plots a return to public markets
It would mark the second time Proofpoint has gone public after the company was acquired in 2021 by private equity firm Thoma Bravo for $12.3 billion.
China’s stock surge has echoes of the 2015 bubble. What’s different this time
The rocket up in Chinese stocks so far looks different from the market bubble in 2015, analysts said.
China’s economic woes dampen ‘Golden Week’ holiday travel
Not only have flights been cheaper, data also indicates that travelers may be opting for lower cost transport options.
East and Gulf coast ports strike, with ILA longshoremen walking off job from New England to Texas, stranding billions in trade
ILA union longshoremen at East Coast, Gulf Coast ports walk off the job after ownership and labor failed to reach a deal in a blow to the U.S. economy.
Japan’s next prime minister is a career dissenter, but experts doubt he can govern as one
While Japan’s next leader, Shigeru Ishiba, has been an outsider and Abenomics critic, it will be challenging to govern that way, some experts say.
South Korea’s export growth slows as external demand moderates
South Korea’s export growth slowed in September with minor increments to the U.S., likely boosting expectations for monetary easing as early as next week.
Asia-Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday
South Korea, Hong Kong and mainland Chinese markets are closed for a public holiday Tuesday.
