Profit over Principle?
The world's top chemicals company BASF expects the Ukraine crisis to deescalate, easing its bottom line. The German firm has turned a healthy profit thanks to big business in Russia, but worries about sanctions. We ask CEO Kurt Bock about profit and principle?
Facebook beats the street
Social networking giant Facebook has posted unexpectedly strong earnings in its fiscal second quarter, doubling its quarterly earnings year on year. Its shareprice soared on the news.
Bulgarian PM Quits
Bulgarian lawmakers have overwhelmingly accepted the prime minister's resignation over the nation's banking crisis. That paves the way for an interim government to take over. Investors demand a swift solution.