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Chemicals company says disruption from Ukraine war, rising costs and inflation will continue this yearThe German chemicals company BASF has said it will cut 2,600 jobs as Europe’s largest economy braces for recession triggered by the energy crisis that…
Consumer prices rose 0.6% from December to January, up sharply from a 0.2% increase from November to DecemberThe Federal Reserve’s preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the US economy and c…
Lebanon’s struggling banks have decided to suspend their strike for one week, following a request by caretaker Prime Minister Najib Mikati.
‘Too many companies continue to profit from business with or in Russia,’ writes Richard Branson
Chemicals maker BASF says it plans to cut around 2,600 jobs in a cost-cutting drive spurred in part by the impact of high energy prices.
A wrecked Russian tank put on display in Berlin, a bloody cake with a skull on top left in a Belgrade street and Ukraine’s yellow-and-blue flag held aloft in the sizzling Bangkok sun.
South Africa’s troubled state-owned power utility Eskom has appointed an interim chief executive after a fallout with its outgoing head over a media interview he gave alleging ongoing corruption at the company linked to the ruling party.
Any bankruptcy rescue deal for London-listed group would wipe out shareholdersShares in Cineworld have plunged further after the movie chain said it had received no all-cash offers from potential suitors to save its global business, and any bankruptcy …
Slashdot reader Phact shares a report from The Hill: Elon Musk announced during a joint press conference with California Gov. Gavin Newsom that Tesla would be returning its global engineering headquarters to California, two years after a dramatic exit …
A German court has rejected a farmer’s bid to force automaker Volkswagen to end the sale of vehicles with combustion engines by 2030.