Covestro AG

Abu Dhabi’s ADNOC to buy Covestro for $16.4 billion

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Abu Dhabi’s ADNOC to buy Covestro for .4 billion

Covestro’s headquarters in Leverkusen, Germany. The company has adjusted its full year guidance for 2022, citing a number of factors. Ina Fassbender | AFP | Getty Images Abu Dhabi’s state-owned oil firm ADNOC on Tuesday said it has agreed to buy German chemicals firm Covestro for 14.7 billion euros ($16.4 billion). ADNOC will launch a … Read more

stocks, news, data and earnings

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stocks, news, data and earnings

A shopping street in Steglitz district, Berlin, Germany. Getty Images LONDON — European stocks kicked off October trading in positive territory after ending September on a somber note. The pan-European Stoxx 600 was slightly higher, up 0.07%, by 8:30 a.m. London time. Sectors and major bourses diverged, with tech stocks adding 0.9%, while household goods … Read more