By Jeff Mason and Lucy Craymer WASHINGTON/WELLINGTON (Reuters) -New Zealand’s Prime Minister Jacinda Ardern met U.S. President Joe Biden on Tuesday at the White House, where their first face-to-face talks were expected to include Washington’s efforts t…
France’s Saint-Gobain to buy Canada’s Kaycan for $928 million
(Reuters) – Saint-Gobain has entered into a definitive agreement to acquire Kaycan, a manufacturer of premium building products in Canada and the United States, for $928 million in cash, the French group said on Tuesday. The transaction, set to complet…
Exclusive-Glencore helps Zambia’s Mopani Copper Mines pay bills
By Helen Reid JOHANNESBURG (Reuters) – Mining and commodity trading giant Glencore has helped to fund Zambia’s Mopani Copper Mines as the company has been unable to pay its bills on time and the state has yet to find a new investor more than a year aft…
Peninsula clinches buy of Italy’s ISEM to drive packaging industry consolidation
MILAN (Reuters) – Investment firm Peninsula Capital said it had agreed to buy Italian premium packaging firm ISEM Bramucci in a deal worth around 90 million euros ($97 million), and targeted further acquisitions in the still fragmented industry. Reuter…
In wary Finland, Santa’s grotto is also bomb shelter
By Essi Lehto and Anne Kauranen ROVANIEMI/HELSINKI (Reuters) – Russia’s invasion of Ukraine has not caught Finland unprepared. Even the Santa Claus theme park in his “hometown” in the snowy north is ready to stand down its elves and revert to its origi…
Cricket-Uncapped Payne, Wood in England squad for Netherlands ODI tour
(Reuters) – Left-arm pacemen David Payne and Luke Wood are in line to make their England debuts in the three-match one-day international series against the Netherlands next month after being named in new coach Matthew Mott’s 14-man squad on Tuesday. Al…
Air force to get largest share of Germany’s 100 billion euro defence bulk-up
BERLIN (Reuters) – The lion’s share of the 100 billion euro special fund Germany is allocating to rebuilding its military after Russia’s invasion of Ukraine will go to the air force, according to a document seen by Reuters. The document envisages 40.9 …
Spain expects EU to pay for gas connections with neighbours
MADRID (Reuters) – The European Union ought to pay for any new natural gas interconnections between Spain and its European neighbours trying to secure alternative supplies to the Russian gas, Prime Minister Pedro Sanchez told reporters on Tuesday. Spai…
RWE has transferred euros to Russian account to pay for gas
FRANKFURT (Reuters) – RWE, Germany’s largest power producer, has paid for Russian gas under a new mechanism drawn up by Moscow, a spokesperson for the company said on Tuesday. “We confirm that we have paid euros into the account,” the spokesperson said…
Denmark to vote on overturning 30 years of EU defence reticence
By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Danish voters will on Wednesday decide whether to join the European Union’s defence policy, potentially becoming the final hold-out in the bloc to sign up as Russia’s invasion of Ukraine forces countries to …