Showing results for "Covestro"
markets
Braskem Sinks on Bleaker Sale Outlook After Adnoc Drops BidBrazil’s Braskem SA tumbled on Monday after Abu Dhabi National Oil Co. dropped its bid for a stake in the troubled Brazilian petrochemicals company, a development that signals the stop-and-start sales process will drag on even longer.May 6, 2024
markets
UAE Deal to Create Chemicals Giant Delayed by Austria PollsA planned deal by state-owned energy producers in the United Arab Emirates and Austria to create a global chemicals giant faces months of additional delays as upcoming elections in the European nation complicate decision-making.April 26, 2024
industries
UAE Chemical Maker Borouge Pursues Target in Asia in Growth PushThe biggest chemicals producer in the United Arab Emirates is pursuing a target in the Asia-Pacific region, even as its biggest shareholder is working on a €30 billion ($32 billion) merger of the company with a unit of Austria’s OMV AG.March 29, 2024
politics
Iran-Backed Houthis' Red Sea Plan; Saudi Wealth Fund's Plans; Abu Dhabi's DealsIt has been almost seven weeks since the US and UK began conducting airstrikes against Houthi militants in Yemen to stem their months-long attacks on ships in the Red Sea, a vital waterway for global commerce. But the Iran-backed militants, who control a sizeable area of north-west Yemen, are far from deterred.February 26, 2024
business
US Politicians Raise Concerns Over Capital One-Discover DealHi, it’s Fareed Sahloul in New York, rounding up some early political reaction to the biggest deal of the year so far. Elsewhere, there’s a big departure at Goldman Sachs and more potential sports M&A. Today's top storiesFebruary 22, 2024