German manufacturer BASF has warned that its 2026 adjusted operating income may either decline or increase only marginally amid challenging market conditions, falling short of market expectations and leading the chemicals group to intensify its cost-cutting measures. CFO Dirk Elvermann spoke with Bloomberg's Vonnie Quinn. (Source: Bloomberg)

Banks are preparing to sell about €4 billion ($4.7 billion) of debt to finance Carlyle Inc.’s acquisition of BASF SE’s coatings business.