BASF signalled on Friday it would shift jobs from its home market of Germany to Asia, as the struggling chemical giant seeks to aggressively cut costs.BASF said it had cut around 4,800 jobs in recent ...
The looming cuts at a major office employing some 3,000 administrative staff in the capital are the latest sign of the huge pressures facing Germany’s traditional industries.
Add Yahoo as a preferred source to see more of our stories on Google. A logo of the chemical company BASF is seen on a large storage container at the main plant. Uwe Anspach/Deutsche Presse-Agentur ...
FRANKFURT, Aug 29 (Reuters) - German chemical companies are increasingly moving their research abroad due to lower costs, less bureaucracy and better public funding programs elsewhere, the industry ...
Collective bargaining talks for around 585,000 employees in the German chemical and pharmaceutical industry have failed to produce a result in the second round of negotiations. Following a meeting in ...
Next, we have a tale of globalization, how a single fire at a company in Germany could affect business in Detroit or Shanghai. STEVE INSKEEP, HOST: The company is a chemical plant in a town called ...
Commerce and Industry Minister Piyush Goyal announced on Saturday that a German chemical company will invest USD 1.5 billion in India, with a state already having identified land for the project.
Verband der Chemischen Industrie (VCI), Germany’s main chemical industry association, says it expects the country’s chemical sales to fall 3.5% in 2024 from the year earlier. The organization ...
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