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Germany's BASF takes huge writedowns as unit exits Russia
Associated Press via Yahoo Finance· 1 year agoGermany-based chemicals maker BASF says it is taking some 7.3 billion euros ($7.9 billion) in write-downs related to the exit from Russia of its Wintershall Dea gas and oil subsidiary. Wintershall ...
Germany's BASF to shed 2,600 jobs in cost-cutting drive
AP Finance via Yahoo Finance· 1 year agoChemicals maker BASF said Friday that it plans to cut around 2,600 jobs in a cost-cutting drive spurred in part by the impact of high energy prices. BASF, which is based in Ludwigshafen, Germany ...
Natural Gas Soars 700%, Becoming Driving Force in the New Cold War
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- One morning in early June, a fire broke out at an obscure facility in Texas that...