November 25, 2017

BASF in talks to merge with Fridman’s DEA

German chemicals group BASF announced its oil and gas unit, Wintershall, is in talks to merge with DEA, the oil and gas business spun off by […]
November 17, 2017

Siemens to cut 6,900 jobs

German industrial group Siemens has announced plans to cut around 6,900 jobs worldwide mostly in its fossil fuels division. It said global demand for large turbines […]