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Belgium's Richest Businessman Albert Frere Dies At 92

Monday, December 3, 2018, 8:13 PM

Belgium's richest man, multi-billionaire entrepreneur Albert Frere, has died aged 92, his investment company GBL announced today. According to Forbes magazine, the self-made nail and screw merchant turned steel, utilities and energy magnate, was worth $6.2 billion. Frere's death was confirmed in a statement by GBL, the Belgian holding company that he has run as one of two controlling shareholders since 1990.
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BASF makes low-nickel wager amid scramble for battery metals

Friday, November 23, 2018, 8:03 PM

German chemicals giant BASF is betting on a new-recipe for electric car batteries which stretches the time between charges while cutting dependence on nickel to help shave costs and grab more of a growing market. It is part of flurry of activity in sphere of cathodes materials, a major component of battery cells for an anticipated switch to EV due to clean air regulation.
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No better Brexit deal available, EU ministers tell Britain

Monday, November 19, 2018, 7:45 PM

Germany and other European US told Britain their draft Brexit agreement could not be renegoitated. British PM Theresa May is battling at home to keep the last-week-deal alive and push-it through the British parliament amid criticism from pro-Brexit politicians, Northern Ireland's unionists and those who want to keep closer EU ties. Economy minister Peter Altmaier also dismissed any-prospect of a-return to the drafting table.

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