Companies

Baxter International Inc. announced that it is abandoning plans to build a plant in Syria because of controversy over the medical supply giant’s dealings in the Middle East. But the company continues to deny allegations that it agreed to sell an Israeli operation in order to be removed from an Arab blacklist of companies that do business with Israel. The Deerfield, Ill.-based company cited the “volatile situation throughout the Middle East” and the controversy surrounding Syria for the decision.