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As U.S. Tries to Isolate China, German Companies Move Closer
Posted inBASF SE China Economic Conditions and Trends Europe European Union Germany International Relations International Trade and World Market Volkswagen AG

As U.S. Tries to Isolate China, German Companies Move Closer

Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
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Posted by By Melissa Eddy
BASF to Cut 2,600 Jobs After a Year of High Energy Costs
Posted inBASF SE Europe Germany Labor and Jobs Layoffs and Job Reductions Ludwigshafen (Germany) Natural Gas Russian Invasion of Ukraine (2022) Shortages

BASF to Cut 2,600 Jobs After a Year of High Energy Costs

The German chemical giant blamed a drop in profits on stubbornly high natural gas prices and shifting global demand.
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Posted by By Melissa Eddy

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