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Dow expects to add $3 bln to core earnings by 2030

Dow unveiled on Wednesday plans to boost its core earnings by $3 billion a year over the next decade, with investments that include building a new net-zero carbon emissions ethylene and derivatives facility in Alberta, Canada. ....

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Exxon exodus turns floating 'cube' into Internet meme

Exxon Mobil's trophy U.S. campus is becoming an Internet meme. ....

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'Consumers aren't stupid': Google lawyer rejects EU market abuse ruling

Billions of people use Google because it's the best, not because of deals the company made to stay competitive, Google's lawyer said on Friday, wrapping up a week of testimony as the U.S. tech giant fights a record $5 billion antitrust fine. ....

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MOVES Citigroup poaches Shah from Credit Suisse to boost tech M&A

Citigroup (C.N) has hired veteran tech banker Dhiren Shah from Credit Suisse Group AG (CSGN.S), as it doubles down on investing in its tech franchise, according to a memo seen by Reuters on Tuesday. ....

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BASF, Canada in early talks on EV battery production - source

EnergyBASF, Canada in early talks on EV battery production - source
Christoph SteitzSteve Scherer
5 minute read
Several companies, including Germany s BASF SE (BASFn.DE), are in preliminary talks about tapping a federal clean tech fund to set up production for electric vehicle batteries in Canada, a government official with knowledge of the discussions said.
The talks are centered on understanding whether the goals of BASF and others fit with the aim of the C$8 billion ($6.6 billion) Net Zero Accelerator (NZA) fund, the source said. Canada has set a goal to reach net zero emissions by 2050.
BASF is a key supplier of cathode active materials (CAM) needed for the production of lithium-ion batteries in electric vehicles (EV), and is the world s largest chemicals and plastics producer by sales. ....

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