DThe chemical company BASF is launching another cost-saving program due to weak demand in Europe. The DAX group announced on Friday in Ludwigshafen when presenting the final annual figures for 2023 that additional costs of one billion euros should be saved annually at the Ludwigshafen site by 2026. It is urgently necessary to “take further … Read more
2023-11-16 23:00:00 By registering you will receive 3 articles per month free of charge. The following steps are necessary to complete your registration and receive 3 free articles per month: 1. Confirm registration You have successfully registered. You have received an email with a link to confirm your email address. Please click on the link … Read more
2023-08-23 07:06:18 Investors continue to focus on the 15,700 mark on the German stock market. If the hurdle is cleared, the DAX could well march towards 16,000 again. However, the Fed symposium in Jackson Hole is just around the corner. At the company level, investors are focusing on Adidas, BASF, Infineon, SAP, Siemens and Vonovia. … Read more
2023-06-30 17:30:24 Trading room of the Frankfurt Stock Exchange in 1988 The Dax is 35 years old: Germany’s leading index Dax celebrates its birthday on June 1st. (Photo: dpa) Frankfurt Shortly before its 35th birthday, the Dax gave itself and its investors a present. With 16,427 points on June 16, it marked a new all-time … Read more
A BASF employee at the Ludwigshafen plant during a night check Image: dapd Managers of the German chemical industry are accused of having made Germany dependent on Russia because of their greed. What a caricature! The industry was no more naïve than the rest. Et needed a war to remind Germans how value chains work. … Read more
Interior view of a car tower in the Autostadt Wolfsburg VW employees now have to wait longer for a new company car. (Foto: imago images/Sven Simon) Düsseldorf Company cars are increasingly becoming a burden for companies. Supply bottlenecks at manufacturers are delaying the replacement of leasing fleets and the switch to electromobility. The high fuel prices … Read more
Frankfurt European financial markets face an uncertain start to trading on Monday. How the week starts depends on the latest developments in the Ukraine war. This is already illustrated by the last two trading days of the past week. The major turmoil in the financial markets on Thursday was the direct result of the start … Read more
Trading room of the Frankfurt Stock Exchange Investors are likely to keep a close eye on the Ukraine conflict in the coming week as well (Photo: Archyde.com) Frankfurt The alert on the stock markets is likely to continue. Against the background of the conflict over Ukraine, experts are concerned about the coming stock market week. … Read more