BOAO, China (Reuters) -China's securities watchdog is holding regular talks with U.S. regulators over audit cooperation and expects a deal soon, a Chinese regulatory official said on Thursday about a dispute that could lead to delistings of U.S.-listed Chinese firms.

German business software group SAP reported on Friday a first-quarter revenue growth of 11%, beating estimates on a boost from its cloud business, but flagged a revenue hit of 300 million euros ($325.26 million) because of its exit from Russia.

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo reported first-quarter core earnings well above market expectations on Friday as it juggled strong market demand with a strained supply chain that put a cap on its ability to grow order books.

French-Italian eyewear group EssilorLuxottica reported on Friday a sharp rise in first-quarter revenues, citing solid performance across all regions.

PARIS (Reuters) -Renault, the Western carmaker most exposed to the Russian market, posted lower first-quarter revenues due to the war in Ukraine and a semiconductor shortage, partially offset by higher prices and rising electric vehicle (EV) sales.

Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs have pushed him to raise his prices by 70%.