ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan: There is no alternative ...
Read More »Pharma lends Bayer wings as oil prices maul BASF
Frankfurt / AFP Germany’s chemicals giants showed sharply differing results on Wednesday, with Bayer enjoying strong growth on pharmaceuticals while oil blackened BASF’s outlook. Chemicals and pharmaceuticals powerhouse Bayer upped its growth forecasts for the year after a strong second quarter saw profits surge by 19 percent. While revenues fell 1.4 percent to 11.8 billion euros ($13 billion), profits ...
Read More »