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GERMAN CHEMICAL GIANT
Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...- One battle after another: Iran war deals new blow to Europe's industrial heartlandEuropean businesses are struggling with rising raw material costs and supply chain issues. The conflict in the Middle East is impacting key...
- Adani teams up with Thailand's Indorama for petrochemical forayBillionaire Gautam Adani's group, through Adani Petrochemicals Ltd, has formed a joint venture with Thailand's Indorama Resources Ltd to en...
- European shares muted ahead of key economic dataEuropean shares were subdued early on Wednesday, ahead of key euro zone economic data and congressional testimony from U.S. Federal Reserve...
- European shares hit nine-month high on upbeat cues from Fed's PowellPowell's remarks that 2023 should be a year of "significant declines in inflation" was interpreted as less hawkish than feared, although he...
- European industry faces growth pangs amid soaring energy pricesEurope is paying seven times as much for gas as the US, underscoring a dramatic erosion of the continent's industrial competitiveness that ...
- European shares drop on hawkish ECB signalsThe European Central Bank must keep raising rates even if a recession in Germany is increasingly likely, as inflation will stay uncomfortab...
- Vladimir Putin to halt gas, Germany fears it's not coming backGiven Germany's dependence on Russia for more than a third of its gas supplies and a lack of viable alternatives in the short term, the cha...
- German shares lead Europe lower on inflation worries please pickGermany's DAX slipped 0.6%, while the region-wide STOXX 600 index dropped 0.4% by 0713 GMT, with added volatility as U.S. markets were set ...
- BASF, partners put $4 bln India chemical complex on hold due to COVID-19BASF signed a memorandum of understanding with Abu Dhabi National Oil Company (ADNOC), Adani Group and Borealis AG in October 2019 to evalu...
- European shares flat, investors sift through earnings delugeThe pan-European STOXX 600 slipped 0.1% by 0716 GMT, oil & gas and chemical leading the declines, while a 1.2% jump in retailers helped cou...
- Bayer confident of Monsanto acquisition“We are confident of the merger receiving a go-ahead from the CCI. We are working very closely with the authority,” Richard van der Merwe, ...
- BASF India gains as parent acquires Chemetall for $3.2 billionShares of BASF India, a subsidiary of German chemical giant BASF, surged 4 per cent in Wednesday's trade after its parent firm acquired Che...
- Monsanto India posts Q4 net at Rs 24.08 croreMonsanto India today reported a net profit of Rs 24.08 crore for the quarter ended March 31, helped by higher income.
- Narendra Modi to jointly open Hannover trade fair along with Angela MerkelPrime Minister Narendra Modi will jointly open the Hannover trade fair along with German Chancellor Angela Merkel when he travels to German...
- EID Parry acquires Bayer group firm AlimteEID Parry (India) Ltd has acquired Chilean nutraceuticals firm Alimtec SA, from its parent German chemicals giant Bayer, for 1.9 million eu...
- BASF set to acquire Cognis for USD 4.1 bn: ReportThe German chemical giant BASF SE is close to acquiring specialty chemicals company Cognis GmbH for at least USD 4.1 billion.
- BASF set to buy Cognis for 3.2 bn euros: ReportGerman chemical giant BASF is set to buy German specialty chemicals maker Cognis for 3.2 billion euros, the Financial Times Deutschland rep...
- BASF to invest euros 2bn in Asia PacificThe German chemical giant BASF said on Tuesday that it would invest €2 billion ($2.9 billion) by 2013 in the Asia Pacific region to double ...
- Bayer to invest 3.4 bn euros in agribusinessGerman pharmaceutical and chemicals giant Bayer said on Thursday it would invest more than 3 bn euros through to 2012 in research and devel...
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