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...In line with Germany’s Stock Corporation Act and its corporate governance code, both von Bomhard and Bock underwent a two-year cooling-off period before joining the supervisory boards....
...JSR commands a third of the global market share of photoresists, specialist chemicals used to print circuit designs on chip wafers....
Mirae Asset’s $43bn subsidiary names Ryan O’Connor as chief executive
...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...Many of the chemicals that could be curbed are substances that are crucial to the green transition and the production of semiconductors....
...But BASF said a recovery in industrial activity in China should lift earnings in its current financial year, to as much as €8.6bn. Shares were broadly flat in morning trading on Friday....
...It also put its CEO, CFO and CAO on administrative leave until its Audit Committee can (with independent lawyers) review “internal control over financial reporting”....
...The latest moves could have an impact on Taiwan’s biggest petrochemical companies, including Formosa Plastics, which has a market value of $16.2bn, and state-owned CPC Corporation....
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...“Expectations [regarding jobs] are at their lowest level since the 2008/2009 financial crisis,” the Institute said....
...The Environmental Protection Agency issued two new rules that aim to limit toxic emissions from chemical plants and remove cancer-causing chemicals from tap water, as the Biden administration tries to advance...
...Anderson ruled out a capital raise in a Financial Times interview. But without bolder action, its deleveraging route looks long and distinctly uncertain....
...US chemicals group Chemours, known for making Teflon, shows that even this is not foolproof. The company’s cash is real enough. But some is going to have to go back....
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
...I am reading in the FT that Martin Gruenberg, chair of the US financial regulator, the Federal Deposit Insurance Corporation, has criticised the rescue of Credit Suisse (“Credit Suisse rescue deal was unhelpful...
...OCI, the Dutch-listed chemical and fertiliser group, forms the bulk of Sawiris’ $8bn fortune....
...even after the state-backed Japan Investment Corporation launches its $6.4bn offer for JSR as early as this month....
...This week, the Environmental Protection Agency issued rules setting a limit on toxic pollution from chemical plants and stripping cancer-causing chemicals from tap water....
...Speaking to the Financial Times a day after warning that profits would fall again this year, Anderson stressed that market speculation about selling new shares was unfounded....
...The biggest drop in December was for chemicals output, which fell 7.6 per cent from the previous month, taking the sector to its lowest annual production since 1995....
...Davie’s speech comes as the broadcaster contends with huge financial challenges as a result of a government-imposed two-year freeze in the licence fee, which is payable by all households who watch live TV...
...After decades of concentrating production in China and Taiwan, electronic assemblers such as Foxconn, Quanta and Wistron, along with major chip suppliers from TSMC to United Microelectronics Corporation,...
...Miles Celic, chief executive of financial services lobby group The CityUK, welcomed the announcements....
...Growing up in Lake Jackson, Texas, near a massive Dow Chemical factory where his father worked as a chemist, Anderson studied chemical engineering at the University of Texas at Austin and Massachusetts Institute...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
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