German chemicals giant BASF said Friday it has agreed with Russian gas behemoth Gazprom to go ahead with an asset swap which the two had abandoned due to tensions between Russia and the West. "Due to the difficult political environment, BASF and Gazprom had decided not to complete the asset swap planned for the end of the 2014," the German group explained in a statement. "We continued our joint ventures in Europe and Russia.
EU countries were set to try to bridge differences on Europe's escalating migrant crisis at a foreign ministers' meeting Friday, with the shocking image of a dead Syrian toddler washed up on a beach driving calls for binding refugee quotas. The heartbreaking images of three-year-old Aylan Kurdi lying dead in the surf -- and his father's emotional account of how the little boy and his four-year-old brother "slipped through my hands" -- have ramped up pressure on political leaders to address Europe's worst refugee crisis since World War II. Under-fire British Prime Minister David Cameron, whose country has been accused of failing to help shoulder the burden, is expected to announce a plan later Friday to take in more Syrian refugees.