A Pennsylvania Republican House candidate is trying to win over union workers in a critical race in this must-win state.

Linklaters has advised an international banking syndicate on a syndicated credit line for BASF SE. The credit agreement has a volume of six billion euros. The new five-year revolving credit facility with an extension option is available to the group for very short-term liquidity requirements if needed and serves to finance general corporate purposes. BASF SE is a leading global chemical company with approximately 112,000 employees and 234 production sites. The company's portfolio comprises the segments Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated global revenues of EUR 68.9 billion in 2023. Linklaters advised with Fabian Neumeier and Martin Reschke (both lead, both Banking) and Dr Ulrich Johann and Dr Benedikt Kruse (both Tax).

It’s fast looking like the first industry AI will disrupt is not technology but energy.In this edition of "Latest in AI", we analyse moves by Big Tech to resuscitate a nuclear energy industry that has stalled since the heyday of the 1970s and 1980s as they scramble to meet the electricity needs of their AI-driven data centers. We also examine why last week's AI Nobel prizes matter; AI risks to the financial system; and why it's so hard for rivals to chip away at Nvidia's dominance in AI.