Tag: Germany

BASF to Leave Germany amid Worsening Economic Conditions.

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The global economic crisis is deepening and BASF is reducing its operations in Germany as a result. BASF is under increasing pressure from its chemical businesses and is leaving Germany. The significant increase in gas and electricity prices is also putting pressure on chemical value chains. The higher costs for gas at BASF’s European sites […]

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Deutsche Bank is confident for the coming years

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Germany’s largest bank, Deutsche Bank, has reported a significant jump in profits, surprising investors and leading to questions about the self-confidence of the institute. Deutsche Bank has been unimpressed by the current economic situation, thanks to rising interest rates and stable lending. The bank has achieved its highest quarterly profit in 15 years, with 1.2 […]

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