BASF plans further cost costs after posting $5.16 billion loss

BASF SE on Friday said that it is implementing further cost-saving measures at its Ludwigshafen facility as the German chemical company seeks to cut costs after a year which saw earnings fall. BASF BA...

Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble

There are few companies with more at stake from Russian natural-gas flows into Germany than the chemicals sector. Shares of chemicals companies including BASF BAS, +2.61%, Lanxess LXS, +3.77% and Cove...