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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 normally. Sources: “Press release: Non-U.S. Operations Not Affected By Chapter 11 Filing (English version)” — LyondellBasell, […]

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Wikinews’ overview of the year 2008

Wednesday, December 31, 2008 Also try the 2008 World News Quiz of the year. What would you tell your grandchildren about 2008 if they asked you about it in, let’s say, 20 years’ time? If the answer to a quiz question was 2008, what would the question be? The year that markets collapsed, or perhaps […]

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Oil spill hits Australia’s Sunshine coastline

Sunday, March 15, 2009 200,000 litres of oil leaked into waters off the coast of Brisbane from the Pacific Adventurer when their fuel tanks were damaged in rough seas on Wednesday. The figure is about ten times higher than the original estimate of twenty thousand litres of oil. The devastating diesel oil spill has spread […]

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Global markets surge in value

Monday, October 13, 2008 Markets worldwide have surged in value following efforts by governments to ease the effect of the ongoing financial crisis, which has recently caused a massive decline in the value of stock markets. On Sunday, the fifteen countries from the Eurogroup – that is, those countries which use the euro as official […]

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