10:13 AM EDT, 07/08/2025 (MT Newswires) -- Orion (OEC) said Tuesday it plans to discontinue production at three to five carbon black lines at its facilities in the Americas and EMEA regions by the end of 2025. The move is part of a broader strategy to focus investments on higher-performing production lines and phase out underperforming assets, CEO Corning Painter...

10:27 AM EDT, 07/08/2025 (MT Newswires) -- BP (BP) will keep a crude processing unit at its Gelsenkirchen refinery in Germany operational for the time being, given market demand and its contribution to profitability, Bloomberg reported Tuesday. A vacuum distillation unit and a visbreaker at the Gelsenkirchen refinery are still set to be shut down, according to the report, citing...

10:24 AM EDT, 07/08/2025 (MT Newswires) -- Honeywell International ( HON ) plans to evaluate strategic alternatives for two of its business segments that serve the transportation, warehouse and logistics markets, as the industrial conglomerate looks to further simplify its portfolio ahead of its planned split into three independent companies. The company is assessing alternatives for its productivity solutions and...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...