Chemical firm LyondellBasell collapses

Friday, January 9, 2009  Correction — January 17, 2009  LyondellBasell did not collapse. Although the United States units and an affiliate registered in Germany filed for voluntary bankruptcy protection, the rest of the group, including the Netherlands parent, is operating Read more…

Iceland nationalises Kaupthing Bank

Thursday, October 9, 2008 Iceland’s Financial Services Authority has nationalised the Kaupthing Bank as a response to the financial crisis which may result in a total collapse of the nation’s economy. Kaupthing, together with Glitnir Bank and Landsbanki, owe a Read more…