German Chemical Giant Hammered By High Gas Prices
BASF, the world’s largest chemical producer, is blaming sky-high natural gas prices for a weak third quarter earnings report. The company noted it was looking at longer-term cost cutting across…
Trends Make The Portfolio
BASF, the world’s largest chemical producer, is blaming sky-high natural gas prices for a weak third quarter earnings report. The company noted it was looking at longer-term cost cutting across…
Samsung Securities Co. analyst Jun Gyun is reporting that 2.7 trillion won, or $1.9 billion worth of equity-tied securities that were bought mostly by South Korean retail investors are now…
Twitter is going to revamp how it verifies users, according to a new tweet by Elon Musk. In the tweet, Musk said, “Whole verification process is being revamped right now.”…
Goldman Sachs Group Inc, has issued a new report predicting the US Federal Reserve may hike interest rates up to as high as 5% by March of 2023, raising its…
German Finance Minister Christian Lindner has said in an interview the state should examine the feasibility of producing domestic shale gas using fracking, which is presently prohibited in Germany. Fracking…
As the Japanese economy continues to be battered by inflation and a weakening yen, the government has announced an economic package worth 39 trillion yen (almost $270 billion) in an…
India has extended its ban on exports of sugar for an additional year until October 2023, according to a government notification. The nation is the largest sugar producer in the…
Germany is preparing to pump even more financial aid into struggling energy firm Uniper, the nation’s biggest supplier of natural gas, as it approaches insolvency as energy prices skyrocket, according…
Canadian Natural Resources Minister Jonathan Wilkinson announced on Tuesday that Canada Infrastructure Bank (CIB) and a major generating company have joined together in a $970 million deal to fund the…
On Wednesday, the Australian Bureau of Statistics (ABS) released data showing that Australian inflation came in at the highest rate since 1990, as prices jumped 7.3% year over year. That…