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Arkema set to acquire US chemical-maker for $570m

Bloomberg Arkema SA agreed to buy a US-based supplier of mining-additives from Golden Gate Capital for $570 million as part of Chief Executive Officer Thierry Le Henaff’s drive to expand in higher-margin specialty chemicals. Purchasing ArrMaz Custom Chemicals Inc. will add a portfolio of defoamers and other so-called surfactants also used in road construction and agrochemicals generating annual sales of ...

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Saudi says no to war with Iran, vows strong response

Bloomberg Saudi Arabia does not want a war with Iran but will respond “with strength and determination” if Iran decides to start one, a top Saudi official said. “We don’t want a war in any way, but at the same time we won’t allow Iran to continue its hostile policies towards the kingdom,” Minister of State for Foreign Affairs Adel ...

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Explosion targets tourist bus in Egypt, 16 injured

Bloomberg At least 16 people were injured when an explosive device targeted a tourist bus near the Giza pyramids in Egypt, said Hanaa Serour, an official at the Health Ministry. Some of the wounded were foreign nationals, according to Mohammed El-Saghir, head of police investigations in Giza’s al-Haram neighbourhood. The blast occurred in front of a museum that’s under construction, ...

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