The Gulf of Mexico oil spill has not slowed ship traffic to New Orleans, and shipping lanes into the port are expected to stay clear at least into Friday, a spokesman said. No ships entering the Southwest Pass at the mouth of the Mississippi River, the main deepwater entrance, have had to be cleaned due to having passed through or near the spill, Port of New Orleans spokesman Chris Bonura said.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
Compelling solutions through strategic partnerships
