BASF swung to a second-quarter loss of EUR 878m due to an impairment against its equity shareholding in oil and gas producer Wintershall Dea amidst declining energy prices. The non-cash impairment was around EUR 800m. Net income is significantly higher than the average EUR 158m loss forecast by analysts but significantly lower than the profit of EUR 5.95 bn in the same quarter of 2019. The German group will publish its quarterly figures on 29 July 2020. Under stock market rules, however, a company... (14.07.2020)