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Danish brewer Carlsberg files for India unit IPO

Danish brewer Carlsberg OMXCOP:CARL_A said on Thursday it had filed for an initial public offering confidentially for its Indian unit with the country's markets regulator.The progress and timing of the potential IPO will depend on regulatory approvals and prevailing market conditions, the company s…

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U.S. closes 2022 probe into 695,000 Tesla vehicles over unexpected braking

The U.S. National Highway Traffic Safety Administration (NHTSA) on Thursday said it had closed its 2022 preliminary evaluation into 695,000 Tesla NASDAQ:TSLA vehicles over unexpected deceleration, citing low demonstrated hazard to drivers and a substantial drop in incidents.Here are a few details:

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Bayer forms new Ruveon business for Roundup in US after legal win

Bayer XETR:BAYN said on Thursday it was consolidating its U.S. Roundup business in a new unit called Ruveon, less than a week after a major legal victory that blocked thousands of state-court lawsuits related to the weedkiller.The new division will remain a Bayer business and oversee all aspects of…

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Volvo Cars April to June sales volumes fall 5.6% year-on-year

Swedish-based Volvo Cars OMXSTO:VOLCAR_B sold 171,501 cars in the three months through June, down 5.6% from the corresponding period a year earlier, it said on Thursday.​Volvo Cars, majority-owned by China's Geely Holding (GEELY.UL), said sales volumes of electrified models, including fully electri…

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Vietnam coffee prices edge up, Indonesia harvest begins

By Phuong Nguyen and Mas Alina ArifinDomestic coffee prices in Vietnam edged higher on Thursday, tracking gains in global markets, while premiums for Indonesian beans were mixed at the start of the harvest.($1 = 26,293.0000 dong)

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Futures
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Firefighters battle wildfire in southern France

Firefighters were battling to bring a wildfire in the Aude region of southern France under control on Thursday, as the country grappled with the lingering effects of Europe's recent heatwave.The local administration for the Aude area, near the border with Spain, wrote on X that weather conditions r…

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In Sintra, world's central bankers find ally in new Fed chief

By Francesco Canepa and Balazs KoranyiCentral bank officials from around the world believe they may have found a new ally in Federal Reserve Chair Kevin Warsh, providing a rare point of alignment in an otherwise difficult relationship with Washington.Over three days at the European Central Bank's a…

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Economy