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China refiners stoke petrochemical glut in market-share war

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. ....

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Investor confidence crisis grips Siemens Energy after record sell-off

A record sell-off in Siemens Energy shares has laid bare a major loss of confidence by investors in the group's ability to fix its struggling wind turbine division, leaving them fearful of what else to expect down the road. ....

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Exclusive: US to ease visas for skilled Indian workers as Modi visits

The Biden administration will make it easier for Indians to live and work in the United States, using this week's state visit by Prime Minister Narendra Modi to help some skilled workers enter or remain in the country, according to three people familiar with the matter. ....

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Analysis: In China's lithium hub, mining boom comes at a cost

Down a steep dirt road from the Baishi Huashan lithium mine in southern China, trucks laden with silvery grey ore rumble towards a cluster of smelters in the valley below that have sprung up to cash in on the electric vehicle battery boom. ....

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Barsi-backed Unipar offers 43% premium for stake in Brazil's Braskem

Shares of Brazilian petrochemical firm Braskem soared on Monday after it confirmed a bid from Unipar Carbocloro for a controlling stake in the company at a premium of more than 40% over its previous closing price. ....

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