Merck and Co said in a regulatory filing on Friday that it had received letters from the Department of Justice and U.S. Securities and Exchange Commission requesting information about the company's activities in foreign countries. The drugmaker said it was cooperating with the requests, and that it believes the requests are part of a broader review of pharmaceutical industry practices in foreign countries.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
