(Reuters) -India’s Adani Group acquired a controlling stake in Holcim AG’s cement businesses in India in a $10.5 billion deal to become the second biggest cement producer in the country, Adani Group said in a statement on Sunday. Asia’s richest person Gautam Adani’s conglomerate acquired 63.19% of Ambuja Cements Ltd. and it’s subsidiary ACC in…
By John Revill ZURICH (Reuters) -Swiss voters on Sunday backed proposals to make global TV streaming services such as Netflix Inc, Amazon and Disney invest some of their revenues generated in Switzerland into domestic film-making. Just over 58% of voters backed the proposal, according to the final result, in one of three national votes held…
(Reuters) – Holcim AG on Sunday said it signed a binding agreement for Adani Group to acquire Holcim’s business in India. Adani Group to acquire Holcim’s full stakes in Ambuja Cement Ltd and ACC Ltd for 6.4 billion Swiss francs ($6.39 billion) ($1 = 1.0017 Swiss francs) (Reporting by Mrinmay Dey in Bengaluru,)
LONDON (AP) — British Prime Minister Boris Johnson is heading to Northern Ireland on Monday to try to end a political deadlock that is preventing the formation of a regional administration. The trip comes amid threats by Johnson’s government to break the Brexit agreement with the European Union that it signed, but now blames for…
By David Shepardson (Reuters) – General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Sunday they are reinstating a requirement that employees wear masks in southeastern Michigan where there are high levels of COVID-19. The Detroit Three automakers said in early March they would allow auto workers to stop wearing masks…
BERLIN (AP) — With Finland and Sweden inching closer to applying for NATO membership amid Russia’s war in Ukraine, the list of “neutral” or nonaligned countries in Europe appears poised to shrink. Security concerns over the war have changed the calculus for Finland and Sweden, and caused other traditionally “neutral” countries to rethink what that…
By Steve Scherer and Julie Gordon OTTAWA (Reuters) – The front-runner to head Canada’s Conservatives and likely challenger to Liberal Prime Minister Justin Trudeau is staging a rare series of attacks on the central bank as inflation soars, in a strategy to win party leadership that could hurt his chances in a general election. Since…
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person with knowledge of the matter said on Sunday. Germany’s largest lender has come under pressure to clarify its stance on the financing of the…
By John Revill ZURICH (Reuters) -Swiss voters on Sunday looked set to back proposals to make global TV streaming services such as Netflix Inc Amazon and Disney invest some of their revenues generated in Switzerland into domestic film-making. Some 58% of voters backed the proposal, according to early projections by broadcaster SRF, in one of…
ZURICH (Reuters) – Swiss voters on Sunday looked set to back proposals to make global TV streaming services such as Netflix Inc Amazon and Disney invest some of their revenues generated in Switzerland into domestic film-making. Some 58% of voters backed the proposal, according to early projections by broadcaster SRF, in one of three national…
