Abu Dhabi's state-owned oil company, Adnoc, announced Tuesday that it will acquire German chemicals producer Covestro AG in a ...

European shares reversed initial gains to close lower on Tuesday, as investors moved out of riskier assets amid escalating ...

The closure was announced on Sept. 11 and the first round of layoffs took place two days later, Unifor officials said.

European shares fell on Tuesday as fears of an imminent Iranian attack on Israel prompted investors to ditch riskier assets.

Stocks dropped into the red in late-afternoon trade on Tuesday while oil prices surged on the back of fears that a retaliation by Iran on Israel is imminent.