United Kingdom

Ludwig Burger

Deutsche Boerse fined $12 million in insider trading case

21 Dec 2018

FRANKFURT Deutsche Boerse said it accepted combined fines of 10.5 million euros (£9.45 million or $11.9 million) by a Frankfurt court in an insider trading case involving the German stock exchange operator's former Chief Executive Carsten Kengeter.

UPDATE 2-Fresenius plunges as health firm warns investment to hit profit

07 Dec 2018

* Shares plunge 18 percent, poised for biggest one-day drop (Adds analyst comment, loss in market value)

Lower drug sales potential at Bayer underscores need for deals

05 Dec 2018

FRANKFURT Germany's Bayer , which acquired seed company Monsanto this year, reduced its combined sales estimate for its most promising experimental drugs, acknowledging it needs to do more to replenish the development pipeline.

Bayer to sell businesses, cut jobs after Monsanto deal

29 Nov 2018

FRANKFURT Bayer , the German drugmaker that bought U.S. seed company Monsanto, announced on Thursday the sale of a number of businesses, around 12,000 job cuts and 3.3 billion euros ($3.8 billion) in impairments. | Video

Bayer looks at options for consumer brands, animal health: sources

26 Nov 2018

FRANKFURT Bayer will discuss selling certain consumer health brands at a supervisory board meeting this week and will also review options for its animal health division, people close to the matter said.

BASF makes low-nickel wager amid scramble for battery metals

23 Nov 2018

FRANKFURT German chemicals giant BASF is betting on a new recipe for electric car batteries which stretches the time between charges while cutting dependence on nickel to help shave costs and grab more of a growing market.

Covestro cuts 2018 profit outlook on competition, shipping costs

20 Nov 2018

FRANKFURT German chemicals maker Covestro warned it expected a slight decrease in earnings this year compared with a gain seen previously, leading its shares to slump to a two-year low.

BASF to cut costs to lift earnings, but growth still slower

20 Nov 2018

LUDWIGSHAFEN, Germany BASF will launch cost cuts to boost annual earnings by 2 billion euros (1.78 billion pounds) from 2021 to counter slower profit growth, the German chemicals maker said on Tuesday.

Palantir to offer cancer analytics under JV deal with Germany's Merck

20 Nov 2018

((This NOV 19 story corrects to show Merck is Palantir's exclusive partner within the JV, not for all of Palantir's healthcare activities, paragraph 11))

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