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UPDATE 1-DSM lifts 2021 outlook as industrial materials demand recovers

UPDATE 1-DSM lifts 2021 outlook as industrial materials demand recovers

(Adds more details throughout, co-CEOs quote)AMSTERDAM, May 5 (Reuters) – Dutch speciality chemicals company DSM on Wednesday raised its outlook for 2021, as a strong recovery of demand for its industrial materials helped its first-quarter results beat expectations.Restocking by car makers and electronics producers boosted demand for DSM’s plastics, the company said, while the easing…

Netanyahu’s deadline to form government expires, rivals eyed

Netanyahu’s deadline to form government expires, rivals eyed

Israeli Prime Minister Benjamin Netanyahu gestures as he delivers a speech to supporters following the announcement of exit polls in Israel’s general election at his Likud party headquarters in Jerusalem March 24, 2021. REUTERS/Ammar AwadBenjamin Netanyahu’s deadline for forming a new Israeli government expired early on Wednesday, with the country’s longest-serving prime minister having failed…

Brazil COVID-19 inquiry told of Bolsonaro’s blind faith in chloroquine

Brazil COVID-19 inquiry told of Bolsonaro’s blind faith in chloroquine

BRASILIA (Reuters) – Brazil’s former health minister told a parliamentary inquiry on Tuesday that President Jair Bolsonaro’s right-wing government knew full well that the treatment they were advocating for COVID-19 patients had no scientific basis.FILE PHOTO: Brazil’s President Jair Bolsonaro attends a promotion ceremony for generals of the armed forces, at the Planalto Palace in…

Shares slide as Nasdaq tumbles, dollar edges higher

Shares slide as Nasdaq tumbles, dollar edges higher

FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock prices at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. REUTERS/Issei Kato/File Photo Asia’s share markets were mostly higher Tuesday as regional equity investors…