BASF prepares further cuts in ammonia production in the event of a gas supply crisis

BASF prepares further cuts in ammonia production in the event of a gas supply crisis

A general view of German chemical company BASF Schwarzheide GmbH in Schwarzheide, Germany, December 10, 2019. REUTERS/Annegret Hilse Join now for FREE unlimited access to Reuters.com Register BASF cut its ammonia production in September, reducing it even further Yara’s ammonia production in Europe is 27% below capacity SKW and Ineos say they are monitoring the … Read more

Google helps jittery stocks ahead of the Fed

Google helps jittery stocks ahead of the Fed

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Reuters.com Register Nasdaq futures … Read more

Credit Suisse set to announce Koerner as CEO, latest change at helm – sources

Credit Suisse set to announce Koerner as CEO, latest change at helm – sources

July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) is set to announce Ulrich Koerner as chief executive, the Swiss bank’s latest management change as it struggles to recover from a series of scandals, two sources close to the situation said on Tuesday. Pressure has been mounting on current CEO Thomas Gottstein for months over … Read more

Wall Street tumbles as Walmart warning rocks retail sector

Wall Street tumbles as Walmart warning rocks retail sector

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 21, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Walmart slashes profit forecast and drags retailers in McDonald’s up in sales and profit GE jumps on higher profits, Coca-Cola up on forecast Indices down: … Read more

Cryptoverse: What crisis? Venture capitalists are betting big on crypto

Cryptoverse: What crisis?  Venture capitalists are betting big on crypto

July 26 (Reuters) – All is not gloomy. Even as the crypto sector shivers through the gloomy winter, venture capitalists are pumping money into digital currency and blockchain startups at a pace that is expected to surpass last year’s record high. . In the first half of the year, VCs bet $17.5 billion on these … Read more

Cryptoverse: What crisis? Venture capitalists are betting big on crypto

Cryptoverse: What crisis?  Venture capitalists are betting big on crypto

July 26 (Reuters) – All is not gloomy. Even as the crypto sector shivers through the gloomy winter, venture capitalists are pumping money into digital currency and blockchain startups at a pace that is expected to surpass last year’s record high. . In the first half of the year, VCs bet $17.5 billion on these … Read more

Cryptoverse: What crisis? Venture capitalists are betting big on crypto

Cryptoverse: What crisis?  Venture capitalists are betting big on crypto

A stock chart is seen with a representation of bitcoin in this illustration taken March 13, 2020. REUTERS/Dado Ruvic/ Join now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – All is not gloomy. Even as the crypto sector shivers through the gloomy winter, venture capitalists are pumping money into digital currency and … Read more

Oil rises for a second day on supply issues

Oil rises for a second day on supply issues

The pattern of oil barrels is seen in front of the rising stock market chart in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Russian Gazprom tightens pressure on gas flows to Europe The Fed is expected to raise rates by 75 basis points on Wednesday Brent … Read more

China’s Alibaba to request dual primary listing in Hong Kong

China’s Alibaba to request dual primary listing in Hong Kong

A man walks past the Alibaba Group office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang Join now for FREE unlimited access to Reuters.com Register Plans to add HK main listing by end of 2022, retain NYSE listing Hong Kong shares jump 5%; this decision will diversify the investor base -CEO Seen boosting mainland … Read more

China plans real estate fund worth up to $44 billion for struggling sector, source says

China plans real estate fund worth up to  billion for struggling sector, source says

The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China September 24, 2021. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Fund size will initially be set at 80 billion yuan – source The news comes as regulators scramble to reassure investors Fund alone won’t ‘solve all … Read more