In brief | 27 January '25
Reuters: BASF 2024 earnings miss estimate by 1 billion euros on impairments
Germany's top chemical maker BASF reported a drop in annual earnings below estimates on Friday (24 January), weighed by impairments on surface technologies unit, which produces materials for electric vehicle (EV) batteries, and restructuring costs.
Politico: Turkey pushing to help EU replace Ukraine gas transit
Ankara is angling for new energy talks in Brussels amid pressure for closer ties with the bloc.
France24: France asks EU to delay 'burden' of new environmental, human rights rules for businesses
Paris asked the European Union on Friday to indefinitely suspend new regulations requiring large corporations to identify and address environmental or human rights impacts in their supply chains.
The Economist: Why don’t more countries import their electricity?
The economics make sense, but the geopolitics are nerve-racking.