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Harbour Energy posts first-half profit, narrows FY production outlook

UPDATE 2-Harbour Energy posts first-half profit, narrows FY production outlook Adds shares, detail and background throughout By Arunima Kumar Aug 8 (Reuters) - Harbour Energy HBR.L , the largest British North Sea oil and gas producer, reported a net profit for the first half of the year from a year-earlier loss and narrowed its full-year 2024 total production outlook on Thursday.
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BASF declares force majeure on some supplies due to fire

BASF declares force majeure on some supplies due to fire GDANSK, Aug 7 (Reuters) - BASF BASFn.DE on Wednesday warned that it has to delay the supply of some products after a fire broke out last week at its plant in Ludwigshafen, Germany. The deliveries of selected vitamin A, vitamin E, and carotenoid products as well as selected aroma ingredients will be delayed until further notice, the German chemicals giant added.
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BASF Says Supply Distruptions For Selected Products After Fire Caused Damage To Plant

BRIEF-BASF Says Supply Distruptions For Selected Products After Fire Caused Damage To Plant Aug 7 (Reuters) - BASF SE BASFn.DE : DECLARES FORCE MAJEURE FOR SELECTED VITAMIN A, VITAMIN E, AND CAROTENOID PRODUCTS AS WELL AS SELECTED AROMA INGREDIENTS PLANT SHUT DOWN AFTER FIRE CLEANING, INSPECTION AND REPAIR WORK OF PLANT HAS STARTED INCIDENT HAS UNF
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India's Coromandel International posts Q1 profit drop on soft agrochemical demand

India's Coromandel International posts Q1 profit drop on soft agrochemical demand BENGALURU, Aug 7 (Reuters) - Indian agricultural chemicals firm Coromandel International CORF.NS reported a 37.1% fall in first-quarter profit on Wednesday, hurt by weakness in its fertiliser and nutrients business. The company's net profit after tax fell to 3.11 billion rupees ($37.05 million) for the April-June quarter from 4.94 billion rupees a year earlier.
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BASF India soars on June-quarter profit surge

BUZZ-BASF India soars on June-quarter profit surge ** Shares of chemicals maker BASF India BASF.NS up 16.7% to 6,740.65 rupees ** Stock set for best day since early August 2021 ** June-quarter profit rose 95.6% YoY to 2.21 bln rupees ($26.3 mln) ** BASF's German parent reported a marginal 0.6% rise in Q2 adjusted earnings last month ** Trade vol at
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India economic, corporate events on August 7

DIARY- India economic, corporate events on August 7 BENGALURU, Aug 7 (Reuters) - Diary of India economic, corporate events on August 7. ECONOMIC, CORPORATE .BSE500 EVENTS: Key Speaker Local Time Location India commerce minister 0930 BIMSTEC Business Summit, New Delhi India financial services secretary 1000 Industry body FICCI event, New Delhi RIC Local Start Date Local Time Indicator Name Period Reuters Poll Prior INM3MS=ECI 7 Aug 2024 17:00 M3 Money Supply 26 Jul, w/e 10.7% Start Date Start Tim
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Bayer earnings hit by tough farm market in fresh challenge for CEO

UPDATE 3-Bayer earnings hit by tough farm market in fresh challenge for CEO Adds details and CEO quote on overhaul from paragraph 6 By Ludwig Burger FRANKFURT, Aug 6 (Reuters) - Bayer BAYGn.DE posted a 16.5% drop in quarterly adjusted earnings on Tuesday, becoming the latest agricultural chemicals supplier to be hit by weak demand due to lower grains prices and adding to the CEO's challenges in his second year in the job.
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Cheniere strikes 20 year LNG deal with Portugal's Galp Energia

Cheniere strikes 20 year LNG deal with Portugal's Galp Energia Aug 5 (Reuters) - Cheniere Energy LNG.N said on Monday it has agreed to supply 0.5 million tonnes per annum of liquefied natural gas to a subsidiary of Galp Energia GALP.LS for 20 years. Deliveries are expected to begin in the early 2030s, but are dependent on the approval for an additional liquefaction unit (Train Eight) for Cheniere's Sabine Pass Liquefaction Expansion Project.
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Deutsche Bahn and Infineon Aug 5 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Corteva trims 2024 forecasts on pricing pressure in crop protection

UPDATE 2-Corteva trims 2024 forecasts on pricing pressure in crop protection Recasts paragraph 1, adds forecast, details throughout July 31 (Reuters) - Corteva CTVA.N cut its annual sales and operating earnings forecasts on Wednesday as the U.S. agrichemicals maker faces declining prices at its crop protection unit, sending its shares down 5.7% in trading after the bell.
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Deutsche Bank Launches BASF's First Sustainability-Linked Payables Finance Program In Asia

BRIEF-Deutsche Bank Launches BASF's First Sustainability-Linked Payables Finance Program In Asia July 31 (Reuters) - Deutsche Bank Ag DBKGn.DE : LAUNCHES BASF'S FIRST SUSTAINABILITY-LINKED PAYABLES FINANCE PROGRAM IN ASIA PROGRAM WILL SUPPORT BASF'S ACTIVITIES IN CHINA Source text for Eikon: [ID:] Further company coverage: DBKGn.DE
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BASF Says 14 Employees Were Slightly Injured In Incident

BRIEF-BASF Says 14 Employees Were Slightly Injured In Incident July 29 (Reuters) - BASF SE BASFn.DE : 14 EMPLOYEES WERE SLIGHTLY INJURED IN THE INCIDENT AND ARE CURRENTLY BEING TREATED ON SITE AS A PRECAUTIONARY MEASURE Further company coverage: [BASFn.DE] (Gdansk Newsroom)
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Fire at BASF chemicals plant in Germany extinguished; 14 hurt

UPDATE 2-Fire at BASF chemicals plant in Germany extinguished; 14 hurt Updates with company statement on injuries, environmental impact; updates shares in final paragraph BERLIN, July 29 (Reuters) - A fire that broke out at German chemicals giant BASF's BASFn.DE plant in Ludwigshafen has been extinguished, a company spokesperson and police said on Monday.
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BASF deploys firefighters after explosion at chemicals plant

BASF deploys firefighters after explosion at chemicals plant BERLIN, July 29 (Reuters) - German chemicals giant BASF BASFn.DE has deployed firefighters to the southern part of its Ludwigshafen plant after an explosion caused a fire, the company said in a statement on Monday. A spokesperson declined to comment on whether there are casualties and whether production at the plant has been affected.
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BASF Says Today Explosion Occurred At Facility In Ludwigshafen

BRIEF-BASF Says Today Explosion Occurred At Facility In Ludwigshafen July 29 (Reuters) - BASF SE BASFn.DE : SAYS TODAY AT AROUND 12 NOON, EXPLOSION WITH SUBSEQUENT FIRE OCCURRED AT A FACILITY IN SOUTHERN PART OF THE BASF SE PLANT IN LUDWIGSHAFEN ENVIRONMENTAL MONITORING VEHICLES ARE ON THE MOVE INSIDE AND OUTSIDE THE FACTORY PREMISES ON THE ROAD CA
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Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
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Earnings help European indexes

LIVE MARKETS-Earnings help European indexes Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . EARNINGS HELP EUROPEAN INDEXES Better-than-expected company results are helping European indices find their footing on Friday having taken a bruising in this week's global stocks sell-off, with even the embattled luxury sector catching a break.
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BASF drops on Q2 earnings miss

BUZZ-BASF drops on Q2 earnings miss ** BASF BASFn.DE shares fall 3.2 % after the chemicals giant's Q2 adj. EBITDA slightly missed analysts expectations ** J.P. Morgan says the results were overall softer than expected, points to adj. EBITDA miss driven by the agricultural chemicals division in particular ** "Today's results underpinned our view on
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Busy busy

LIVE MARKETS-Busy busy Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . BUSY BUSY U.S. PCE inflation data has snuck up on investors a bit this week - they've had plenty else to think about - and that should drive the daily picture for markets from early afternoon in Europe.
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Wacker Chemie sees 2024 core profit in upper guidance range as orders pick up

UPDATE 2-Wacker Chemie sees 2024 core profit in upper guidance range as orders pick up Sees 2024 EBITDA between 700 mln and 800 mln euros Lower Q2 total sales dragged by weaker polysilicon business Q2 EBITDA above analyst estimates of 160.1 mln euros Adds CEO quote, analyst quote, share movement, details on polysilicon division, peer performance By Antonis Pothitos and Matteo Allievi July 26 (Reuters) - German chemical company Wacker Chemie WCHG.DE expects full-year core profit in the upper half
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