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Deutsche Bank, Commerzbank block Gazprom subsidiary's...
Deutsche Bank and Commerzbank have won an injunction in London stopping a Gazprom subsidiary from suing the lenders in Russia. RusKhimAlyans, which is 50% owned by Gazprom, filed lawsuits in Russia seeking more than 22 billion roubles. The lawsuits were brought after German industrial gases company Linde stopped work on a liquefied natural gas (LNG) plant.
AdaptHealth says terminated appointment contract for... AdaptHealth says it mutually agreed with recently appointed CEO Crispin Teufel to terminate his employment contract. The executive was sued by his former employer Linde in August. AdaptHealth said its Chairman Richard Barasch will continue to serve as interim CEO until a successor has been appointed.
Gazprom subsidiary targets more German banks over... Gazprom subsidiary targets more German banks over aborted Linde contract. RusKhimAlyans is building a gas complex at the Baltic port of Ust-Luga. Linde notified customer in May and June 2022 that it had suspended work under the contract.
These industrials are powering ahead after a bleak start to the year Caterpillar (CAT), Emerson Electric (EMR), Honeywell (HON), Stanley Black & Decker (SWK) and Linde (LIN) all reported largely solid results on the back of increased infrastructure spending.
Industrial gases firm Linde lifts profit outlook after Q2 beat Linde has consistently beaten analysts' quarterly estimates over the past two years. The U.S.-German company supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals.
Gazprom sues German banking giants RusChemAlliance (RCA), a joint venture half owned by Russia’s Gazprom, has taken legal action against several major German banks. RCA signed a contract with a consortium of Linde and Renaissance Heavy Industries in July 2021 for the construction of a gas processing plant in Leningrad Region. Linde suspended the work in June 2022 due to EU sanctions.
Gazprom subsidiary files lawsuits against Deutsche Bank and Commerzbank RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits. It is seeking a total of 31 billion roubles ($348 million) from Deutsche Bank and Commerzbank. In January, the same court ordered nearly $500 million of assets belonging to Linde.
Gazprom subsidiary files lawsuits against Deutsche Bank... RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion roubles ($348 million) from Deutsche Bank and Commerzbank. In January, the same court ordered nearly $500 million of assets belonging to German industrial gases company Linde to be frozen.
These are the most-loved Club stocks on Wall Street. Here’s where we stand Two of the most-loved Club stocks on Wall Street aren't stereotypical AI plays. Oilfield services provider Halliburton (HAL) and industrial gas supplier Linde (LIN)
Industrial gases firm Linde raises upper end of 2023 forecast Linde, the world's largest industrial gases company, raised the upper end of its full-year earnings guidance. U.S.-German company supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals.
Caterpillar and two other real-economy stocks report strong quarters. Here's where we stand on each Caterpillar, Honeywell and Linde all reported strong first-quarter results Thursday. Here's a rundown of the numbers and our analysis.
These 3 Club stocks just hit their highest levels in a year. Here's where we stand on them now Salesforce (CRM), Linde (LIN) and Nvidia (NVDA) just reached their highest levels of the past 12 months. Some investors may be wondering whether hitting a new 52-week high might signal that it's time to take some profits.
Heidelberg Materials and Linde to build large-scale carbon capture facility Heidelberg Materials is teaming up with Linde to build a carbon dioxide capture and liquefaction plant. Facility is scheduled to go into operation as early as 2025. It would be the world's first industrial-scale carbon capture and utilisation facility.
S.Korea's IMM draws interest from KKR, others for $1 bln stake in AirFirst -sources IMM Private Equity has drawn interest from funds including KKR & Co, MBK Partners and Brookfield Asset Management. The buyout firm is expecting first-round, non-binding bids by March 16. IMM PE acquired the South Korean assets of German industrial gases group Linde for $1.2 billion in 2019.
S Korea's IMM draws interest from KKR, others for $1 billion stake in AirFirst -sources IMM Private Equity has drawn interest from funds including KKR & Co, MBK Partners and Brookfield Asset Management. The buyout firm is expecting first-round, non-binding bids by March 16. IMM PE acquired the South Korean assets of German industrial gases group Linde for $1.2 billion in 2019.
CERAWEEK-Inflation Reduction Act will bring capital to the US -Petronas CEO Petronas CEO Tengku Muhammad Taufik says U.S. Inflation Reduction Act will attract investment. IRA's tax credits and funding for developing lower-carbon fuels and burying climate-warming industrial gases. Linde CEO Sanjiv Lamba says IRA "stands out as a landmark legislation in my mind"
Why stock-market tourists flock to New York | Mint SoftBank's choice of New York for a listing of British microchip designer Arm has led to predictable hand-wringing about national decline in the U.K. Industrial-gas giant Linde also delisted its shares from the Frankfurt stock exchange. Linde grew too big for the small German market.
Why stock-market tourists flock to New York | Mint SoftBank’s choice of New York for a listing of British microchip designer Arm has led to predictable hand-wringing about national decline in the U.K. But this isn’t just about London. On Wednesday, industrial-gas giant Linde also delisted its shares from the Frankfurt stock exchange.
BP Boss Talks Energy Trilemma Exxon planning largest hydrogen production facility in the world. Linde to invest $7-$9 billion over 2-3 years in clean energy. Electrify America tells customers it will raise EV prices next month.
Renewables Infrastructure refinances revolving credit facility Gas giant Linde to invest $7-$9 billion over 2-3 years in clean energy. Total investment in supply set to hit an eight-year high in 2023.
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