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Oil prices tumbled Monday with markets relieved that Israel’s strikes on Iran had avoided the country’s energy infrastructure while the yen fell to a three-month low after Japan’s ruling party suffered an election drubbing.Israel carried out air strikes on military sites in Iran on Saturday in response to Tehran’s October 1 missile barrage, itself retaliation …

Oil prices tumble as Iran fears ease, yen weakens after Japan polls Read More »

India’s top solar module producer Waaree Energies shone on its market debut Monday after raising $514 million, as traders bet on increased global demand for clean energy components.A booming stock market in the world’s fifth-largest economy has stoked an initial public offering frenzy over the last two years, with start-ups and companies scooping up billions …

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The German CEO of major Japanese optical equipment manufacturer Olympus has stepped down after allegedly buying illegal drugs, the company said on Monday.Stefan Kaufmann became chief executive officer in April 2023, having served as a board member since 2019. He first joined the European arm of Olympus in 2003.Olympus shares plunged six percent in morning …

Olympus CEO resigns over alleged illegal drugs purchase Read More »