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Trafigura to take control of Europe’s biggest zinc smelter

Bloomberg Trafigura Group Ltd. will take control of Nyrstar NV, Europe’s biggest zinc smelter, as part of a deal to restructure the struggling company’s debt and steer it away from bankruptcy. Under the agreement, Trafigura — Nyrstar’s main shareholder as well as a top supplier, customer and financier — offered a package of its own debt securities to Nyrstar’s creditors ...

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Bashir’s old guard fights for power amid Sudan protests

Bloomberg Sudanese pro-democracy protesters won further concessions from the army that overthrew President Omar al-Bashir, as upheaval in the ruling military council signals a power struggle among the remnants of his 30-year regime. Since taking control, the council has cancelled its curfew, freed prisoners, changed leadership and vowed to review laws that brought trials for perceived indecency or apostasy, all ...

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South Korea’s Moon calls for summit with Kim

Bloomberg South Korean President Moon Jae-in said it’s time to prepare for talks with North Korean leader Kim Jong-un, commenting just days after returning from a visit to the White House where he tried to get faltering nuclear negotiations back on track. Moon, who has tried to be a bridge between Kim and President Donald Trump, said North Korea’s leader ...

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