Chemicals Sector News

Latest News

  • Airbus says agrees process to end European export credit freeze Reuters - UK Focus - Wed, Jul 27, 2016 19:22 BST

    PARIS/LONDON, July 27 (Reuters) - Airbus Group (Swiss: AIR.SW - news) has agreed with European governments a process for regaining access to export credits, paving the way for unblocking a system halted this year over poor transparency in the use of intermediaries, it said on Wednesday. In a footnote in its half-yearly …

  • Airbus Group takes $1.5 bln hit for troop plane, A350 problems Reuters - UK Focus - Wed, Jul 27, 2016 10:18 BST

    Airbus Group (Swiss: AIR.SW - news) took a 1.4 billion euro ($1.5 billion) hit for problems with Europe's troubled A400M troop plane and its A350 jetliner on Wednesday, clouding better than expected quarterly profits. Delays in deliveries of another keenly awaited jet, the revamped A320neo jetliner, which competes with …

  • Airbus Group hit by 1.4 bln euros in charges in Q2 Reuters - UK Focus - Wed, Jul 27, 2016 06:12 BST

    Airbus Group took over 1.4 billion euros in fresh charges for its troubled A400M military airlifter and delayed A350 jetliner, but reaffirmed its targets as it posted lower quarterly earnings on Wednesday. ...

  • Are shares in these companies worth buying after news today? Fool.co.uk - Tue, Jul 26, 2016 13:25 BST

    There was some impressive news out today but does it mean you should buy?

  • A mixed bag of results from Drax Group plc (LON: DRX), Croda International plc (LON: CRDA), SEGRO plc (LON: SGRO) and Man Group plc (LON:EMG).

  • Germany plans to extend price brake for drugs under statutory insurance Reuters - UK Focus - Mon, Jul 25, 2016 16:09 BST

    Germany wants to extend a price brake for drugs covered by statutory health insurance for five years beyond 2017, stretching out the measure introduced in 2009, a draft law seen by Reuters shows. The health ...

  • Umicore, Sinochem expected to bid for Total's Atotech - sources Reuters - UK Focus - Mon, Jul 25, 2016 15:39 BST

    Chemicals groups Umicore (Hamburg: 3771399.HM - news) and Sinochem are among the groups interested in German surface finishing and metal plating company Atotech, put on the block by France's oil giant Total (LSE: 524773.L - news) , people close to the matter said. Total has asked for preliminary bids for the unit, which …

  • Polish anti-monopoly office says Nord Stream 2 threatens competition Reuters - UK Focus - Fri, Jul 22, 2016 15:17 BST

    Poland's anti-monopoly watchdog (UOKiK) said on Friday that a planned joint venture by Russia's Gazprom and five European companies to build the Nord Stream 2 gas pipeline could undermine local competition. Gazprom and its European partners, E.ON, Wintershall, Shell (LSE: RDSB.L - news) , OMV (EUREX: 430021.EX - news) …

  • Should you buy or sell these big movers after today’s news? Fool.co.uk - Wed, Jul 20, 2016 12:36 BST

    We explain why Judges Scientific plc (LON:JDG), Anglo American plc (LON:AAL) and Johnson Matthey plc (LON:JMAT) are on the move today.

  • Germany expects to take delivery of four more A400M military transport planes from Airbus before the end of this year, a defence ministry spokesman said on Tuesday. Germany has ordered 53 of the planes from Airbus, but only four have been delivered so far, including one earlier this month, with production delays caused …

  • Henderson calls for investor vote on Bayer's takeover of Monsanto Reuters - UK Focus - Tue, Jul 19, 2016 10:05 BST

    Henderson Global Investors , a minority investor in Bayer has demanded a vote on the firm's $64 billion-plus proposed takeover of Monsanto (Hamburg: 1132157.HM - news) , which it said threatened the long-term strength of the German chemicals group. Asim Rahman, European equities fund manager at Henderson, one of Bayer's …

  • Henderson Global Investors , a key minority investor in Bayer (LSE: 0P6S.L - news) has demanded a vote on the firm's $64 billion-plus proposed takeover of Monsanto (Hamburg: 1132157.HM - news) , which it said threatened the long-term strength of the German chemicals group. Asim Rahman, European equities fund manager …

  • Airbus says Turkey's Pegasus Airlines will take new A320 jet Reuters - UK Focus - Mon, Jul 18, 2016 10:08 BST

    Turkey's Pegasus Airlines will take delivery of its first A320neo jetliner as planned this week, Airbus said, reversing earlier indications that the delivery would be postponed following Friday's thwarted coup attempt in the country. Airbus said on Saturday that the ceremony had been postponed, pending a "better moment" …

  • AIRSHOW-UK aerospace puts brave face on Brexit Reuters - UK Focus - Mon, Jul 18, 2016 08:00 BST

    * UK aerospace industry is No.2 in world behind U.S (Other OTC: UBGXF - news) . FARNBOROUGH, England, July 15 (Reuters) - With UK factories working at full tilt to meet bumper demand for aeroplanes, aerospace executives have been quick to brush aside fears of any imminent threat from Britain's exit from the European Union. …

  • Iran seeks more aircraft as questions linger over earlier deals Reuters - UK Focus - Sun, Jul 17, 2016 18:47 BST

    ANKARA/FARNBOROUGH, England, July 17 (Reuters) - Iran has expanded its search for aircraft and is looking to order dozens more jets while it continues to try to overcome hurdles to deals worth some $50 billion with Airbus and Boeing (NYSE: BA - news) , Iranian officials and Western industry sources said. "Iran is planning …

  • AIRSHOW-Airbus beats Boeing on orders tally at Farnborough show Reuters - UK Focus - Thu, Jul 14, 2016 19:41 BST

    Airbus thumped rival Boeing (NYSE: BA - news) to end the Farnborough Airshow with 279 orders and commitments worth $35 billion at list prices, but orders from both planemakers fell compared with the sister show in Paris last year. Airbus, which had been behind Boeing leading up to the show, reported firm new deals for …

  • Airbus has no plans to scrap its Super Puma helicopter in the wake of a crash that killed 13 people in Norway, the head of its helicopter division said on Wednesday, but he warned the market would remain weak at least until the end of 2017. The Super Puma, a staple of the offshore oil industry, was grounded for commercial …

  • Airbus has no plans to scrap its Super Puma helicopter in the wake of a crash that killed 13 people in Norway, the head of its helicopter division said on Wednesday, but he warned the market would be weak at least until the end of 2017. The Super Puma, a staple of the offshore oil industry, was banned from commercial …

  • AIRSHOW-Airbus bags Asian deals as Farnborough struggles to take off Reuters - UK Focus - Tue, Jul 12, 2016 23:02 BST

    Airbus bagged deals worth $20 billion to seize the initiative at a rain-soaked Farnborough Airshow on Tuesday, but industry executives said the mostly lacklustre event confirmed a recent boom in aircraft orders was finally fizzling out. AirAsia Chief Executive Tony Fernandes flew into the UK to finalise an order for 100 …

  • AIRSHOW-Airbus cuts A380 delivery target to avoid glut Reuters - UK Focus - Tue, Jul 12, 2016 20:30 BST

    Europe's Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, down from 27 in 2015 and about half what is projected for this year, to prevent a glut of unsold planes as airlines shun the industry's behemoths. It announced the cutback late on the second day of the Farnborough Airshow, …

  • AIRSHOW-Airbus cuts A380 delivery target to 12 per year from 2018 Reuters - UK Focus - Tue, Jul 12, 2016 18:36 BST

    Airbus said on Tuesday it would cut its target for deliveries of its A380 superjumbo to 12 per year from 2018, down sharply from 27 in 2015 and about half of what is projected for this year. Demand for ...

  • AIRSHOW-India's GoAir signs $7.7 bln deal with Airbus for 72 A320neos Reuters - UK Focus - Tue, Jul 12, 2016 13:11 BST

    GoAir, India's fifth-biggest carrier by passengers travelled, announced on Tuesday a preliminary agreement with European planemaker Airbus to buy 72 A320neos in a deal worth about $7.7 billion at current ...

  • AIRSHOW-TUI finalises $1.4 bln order for Boeing planes Reuters - UK Focus - Tue, Jul 12, 2016 10:02 BST

    European travel group TUI AG has finalised an order with U.S. planemaker Boeing to buy 10 737 MAX 8 jets and one 787-9 Dreamliner, the companies said on Tuesday. They said the deal was worth $1.4 billion ...

  • AIRSHOW-Raytheon upbeat on prospects for Patriot air defence system Reuters - UK Focus - Mon, Jul 11, 2016 17:46 BST

    Raytheon Co on Monday said it saw bright prospects for continued sales of its Patriot air defence missile systems, citing strong interest among its 13 operator countries in adding a 360-degree AESA radar to their existing systems. Raytheon says the new radar gives the system a 360-degree view of potential threats, makes …

  • Virgin Atlantic signs $4.4 bln order for 12 A350s Reuters - UK Focus - Mon, Jul 11, 2016 17:33 BST

    Virgin Atlantic signed a deal on Monday to buy 12 Airbus A350-1000 aircraft in a $4.4 billion order which will help the UK-based airline modernise its fleet, though a plan to buy A380 superjumbos remained on the backburner. Virgin Atlantic said it still had options to buy six Airbus A380s although industry sources have …

  • AIRSHOW-Storm forces Farnborough airshow to shut down for day Reuters - UK Focus - Mon, Jul 11, 2016 15:41 BST

    A thunderstorm grounded displays at the Farnborough airshow in southern England on Monday and forced organisers to evacuate the site in mid-afternoon. Heavy rain meant that power supplies had to be turned off, bringing an early end to the first day of the show attended by industry executives and news reporters. Airbus …

  • AIRSHOW-Planemakers shrug off economy worries as travel demand grows Reuters - UK Focus - Mon, Jul 11, 2016 14:00 BST

    Airbus and Boeing raised their long-term forecasts for new aircraft demand on Monday, betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy. Airbus and Boeing have enjoyed years of strong sales, with rising air travel and demand for new fuel-efficient …

  • AIRSHOW-Airbus raises 20-year demand forecast for new planes Reuters - UK Focus - Mon, Jul 11, 2016 11:55 BST

    The world's airlines will need 33,070 new aircraft costing around $5.2 trillion over the next 20 years, European planemaker Airbus forecast on Monday, revising up its previous estimate by 500 planes. The ...

  • AIRSHOW-Virgin Atlantic signs $4.4 bln order for 12 A350s Reuters - UK Focus - Mon, Jul 11, 2016 11:25 BST

    Virgin Atlantic signed a deal to buy 12 Airbus A350-1000 aircraft as part of a $4.4 billion order which will help the British-based airline modernise its fleet. The airline, 51 percent-owned by its billionaire ...

  • AIRSHOW-Airbus set for A350 boost with Virgin Atlantic deal Reuters - UK Focus - Mon, Jul 11, 2016 08:45 BST

    Virgin Atlantic is set to announce an order for at least 10 of Airbus's biggest twin-engined plane, the A350-1000, on the opening day of the Farnborough Airshow on Monday, industry sources said. An order ...

  • AIRSHOW-Airbus set for Virgin, Germania order boosts at Farnborough Reuters - UK Focus - Mon, Jul 11, 2016 01:00 BST

    Airbus is set to announce a key order for 8-10 of its biggest twin-engined model, the A350-1000, from Virgin Atlantic after beating Boeing to a scarce order for big jets as economic and political uncertainties overshadow the Farnborough Airshow. British Prime Minister David Cameron will attend the opening day, where he …

  • German ministry sees possible delay in signing missile defense contract Reuters - UK Focus - Mon, Jul 11, 2016 00:49 BST

    Germany may not finish negotiations with Europe's MBDA and Lockheed Martin Corp on the MEADS missile defence system by the end of the year as planned, according to a document sent to lawmakers by a senior German defence ministry official. The document, dated July 8 and sent by State Secretary Ralf Brauksiepe, said it …

  • ‘Brexit won’t stop us making money’ Telegraph - Wed, Jul 6, 2016 16:42 BST

    ‘Brexit won’t stop us making money’

  • EU mergers and takeovers (July 5) Reuters - UK Focus - Tue, Jul 5, 2016 16:45 BST

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Spanish online bank Bancopopular-e, which is 49 percent owned ...

  • Norway oil workers agree wage deal, avoid strike Reuters - UK Focus - Sat, Jul 2, 2016 03:11 BST

    Norwegian offshore oil workers and employers signed a new wage deal on Saturday, avoiding a strike that would have cut the output from western Europe's top oil and gas producer by about six percent, employers and unions said. A conflict would initially have capped Norway's daily oil and natural gas output by 229,000 barrels …

Next >>